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IoT Microcontroller Market Size Expands Amid Growing Adoption of Industrial Automation
Market Overview The IoT microcontroller market was estimated at USD 4.8 billion in 2022 and is likely to grow at a CAGR of 12.1% during 2023–2029 to reach USD 10.7 billion in 2029. The demand for IoT-enabled solutions is accelerating due to rapid digital transformation across manufacturing, smart homes, and healthcare ecosystems. Increasing focus on predictive maintenance and smart...
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