Microcontrollers Market to Reach $55.4 Billion by 2031
The global microcontrollers market, valued at USD 18.6 billion in 2022, is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 11.6% from 2023 to 2031. By the end of this forecast period, the market is expected to reach a staggering USD 55.4 billion. Several factors, including the rise in adoption of Advanced Driver Assistance Systems (ADAS) and the growing...
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