Microcontroller Market

Microcontroller Market 2022-2027: Industry Growth, Trends, Share, Size and Forecast

Microcontroller Market 2022-2027: Industry Growth, Trends, Share, Size and Forecast

According to the latest report by IMARC Group, titled, “Microcontroller Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The global microcontroller market reached a value of US$ 22.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 38.9 Billion by 2027, exhibiting a CAGR of 10.4% during 2022-2027. A microcontroller is a small microcomputer that is designed to perform particular tasks in an embedded system. It comprises a processor, program or data memory, and input and output (I/O) peripherals on a single chip. It is easy and simple to use and widely available as bus-width,…
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