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2023 IoT Embedded Mobile Processors Interim Findings

by Dan Mandell and Chris Rommel,

August 2023

The ecosystem for embedded processors is evolving to support more sophisticated system functionality and industry applications propelled by the increasing workload demands of OEMs and solution providers. This report examines the merchant market for commercially available MPU/CPU, MCU, FPGA, and SoC devices used in IoT and embedded systems, as well as a dedicated analysis of the SoC market for mobile devices such as smartphones, tablets, and wearables.

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About Mitch

Mitch Solomon

President

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Mitch has spent years supporting senior leaders of operational and industrial technology companies as well as private equity investors that participate in the space.  He is an active member of the Technology and Innovation Council at Graham Partners, a leading industrial technology focused private equity firm, and serves on the advisory boards of OptConnect (a top IoT connectivity provider) and DecisionPoint (a rapidly growing operational technology systems integrator).  Mitch has worked closely with a wide range of industrial technology clients on a diverse array of growth opportunities and challenges including applications of AI, c-suite recruiting, strategic planning, new market identification and entry, product strategy, competitive positioning, revenue retention, value proposition identification and messaging, sales strategy and execution, and board presentations. Mitch holds a BA from Northwestern University and an MBA from The Tuck School of Business at Dartmouth College.