IoT Opportunity Demands New Approach to MCU-based Embedded Designs
Let's face it – the opportunity the IoT market offers is an unprecedented opportunity. The numbers alone are staggering. Analysts at Gartner Inc. estimate that 4.9 billion connected devices will be in use by the end of 2015, up 30 percent from 2014. Five years from now they expect that number to jump to 25 billion. By 2020, those same analysts expect 10 billion connected devices (excluding PCs, smartphones, and tablets) will ship each year into a market that IDC researchers forecast to be worth over $7 trillion.
At the heart of this exciting new market lies the 32-bit microcontroller (MCU), the source of the intelligence built into the majority of edge devices and hubs across the IoT. As the build-out of the IoT takes off, research firms such as IC Insights project that 32-bit MCU sales will grow by a CAGR of 9.5% through 2018.
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Related Categories: ASIC/SoC, Automotive, Board Level Design, Certification, Embedded, Embedded & System Power, Embedded Computing, Embedded Programmable Logic, Embedded Software Development, Hardware, IoT, Medical, PCB, Storage
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