Embedded Controllers Market to Reach USD 12.23 Billion by 2032, Driven by IoT Expansion and Increased Demand for Smart Technology | Research by SNS Insider [Yahoo! Finance]
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Source: Yahoo! Finance
Austin, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Insights: According to the SNS Insider, “The Embedded Controllers Market Size was valued at USD 6.00 Billion in 2023 and is expected to reach USD 12.23 Billion by 2032, growing at a CAGR of 8.26% over the forecast period 2024-2032.” The embedded controllers market has emerged as a cornerstone of modern electronics, facilitating automation, control, and communication in a variety of smart systems and devices. With the rise of the Internet of Things (IoT) and smart technologies, the demand for embedded controllers is growing rapidly. As of 2024, there are over 18.8 billion connected IoT devices globally. Additionally, the consumer smart home industry is showing strong growth, with annual spending projected to reach USD 170 billion in 2024, driven by increasing consumer demand for advanced home technologies. The growing interconnectivity of devices and the increasing complexity of tasks that these devices can perform req
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MCHP
News
- Microchip Technology Incorporated (NASDAQ: MCHP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Microchip Technology (NASDAQ:MCHP) Is Due To Pay A Dividend Of $0.455 [Yahoo! Finance]Yahoo! Finance
- Bearish: Analysts Just Cut Their Microchip Technology Incorporated (NASDAQ:MCHP) Revenue and EPS estimates [Yahoo! Finance]Yahoo! Finance
- Stocks Retreat on Higher Bond Yields and Tariff Angst [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today [Yahoo! Finance]Yahoo! Finance
MCHP
Earnings
- 2/6/25 - Miss
MCHP
Sec Filings
- 2/6/25 - Form 10-Q
- 2/6/25 - Form 8-K
- 2/5/25 - Form SCHEDULE
- MCHP's page on the SEC website