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The Growing Demand for IoT Microcontrollers: Market Outlook
IoT2 years ago
Source: The Growing Demand for IoT Microcontrollers: Market Outlook
A microcontroller is the brain of an IoT device that defines the roles and functions of the IoT end product. Microcontrollers are small, self-reliant computers that hold a single integrated circuit or microchip. IoT in microcontrollers allows connectivity and control in all the things which could be linked to the internet. The global IoT microcontroller market is expected to grow from USD 4.82 billion in 2022 to USD 10.71 billion by 2029 at a CAGR of 12.1% during the forecast period.
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