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.
Read More
By submitting this form you agree to Renesas Electronics Europe contacting you with marketing-related emails or by telephone. You may unsubscribe at any time. Renesas Electronics Europe web sites and communications are subject to their Privacy Notice.
By requesting this resource you agree to our terms of use. All data is protected by our Privacy Notice. If you have any further questions please email dataprotection@techpublishhub.com
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
More resources from Renesas Electronics Europe
IoT Demands New Approach to MCU-based Embedded Designs
As an industry-leading manufacturer of MCUs, Renesas offers developers some natural advantages such as unparalleled experience in many critical ver...
Device Security for the IIoT
The Industrial Internet of Things (IIoT) is driving investment in new technology and manufacturing methodologies as companies rush to capitalize on...
Achieving High Quality Software in the Renesas Synergy™ Platform SSP
Software quality must be built into the software from the very beginning. Quality cannot be added near production through rigorous testing but must...