Microcontrollers (MCUs) used in Smart Cities, Smart Homes, Smart Industry, Smart Health, and Smart Transport (a subset of the Internet of Things (IoT)), represented just 10% of the overall MCU market in 2014. But in 2020, $10 billion in MCUs, representing 40% of the total market, will be used in these applications.
This research evaluates the chipset marketplace, analyzes the unique needs of IoT chipsets, and provides a market outlook and forecasts for IoT chipsets by industry vertical, region, and globally through 2022. Global IoT Chip Market to reach $12.9 billion by 2022.
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