Dateline City:
ENGLEWOOD, Colo.
ENGLEWOOD, Colo. (September 21, 2015) – The market for microcontroller units (MCUs) used in Internet of things (IoT) applications is on the rise, which is having a positive effect on overall MCU market growth. The market for MCUs used in connected cars, wearable electronics, building automation and other IoT applications is expected to grow at an overall compound annual growth rate (CAGR) of 11 percent, from $1.7 billion in 2014 to $2.8 billion in 2019, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
Language:
English
