Embedded Computing Market is estimated to account US$ 32.09 Bn in 2018 and is expected to grow at a CAGR of 8.7% during the forecast period 2018 – 2027, to account to US$ 67.29 Bn by 2027.
The growing adoption of IoT application in diverse industries is one of the crucial factors influencing the embedded computing market. Additionally, the increased need for superior performance, secure connectivity, lower cost, power efficiency, and faster time to market are other significant factors bolstering market growth. Smaller and energy-efficient semiconductors are now available in the market owing to advancements in the design of semiconductor. It has further enabled design engineers to enhance security and system intelligence across a wide range of products. Embedded systems are well-matched to fulfill the demand for such products.
Top Dominating Key Players:
The embedded computing market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. The Asia Pacific is projected to be the fastest-growing region in the global embedded computing market. Also, the Asia Pacific, followed by North America, holds the highest market share in the embedded computing market in 2018.
The Asia-Pacific market for embedded systems and solutions is also largely driven by factors such as growing internet of things (IoT), substantial growth in consumer electronics demand, rising connected cars market, and growing usage of robotics. Ever-increasing consumer electronics industry in the Asia Pacific is expected to provide a promising growth to the region in the embedded systems market during the forecast period. Embedded systems are installed in consumer electronics products such as digital cameras, high definition televisions, set-top boxes, and DVDs. The region accounts for the major consumer electronics share in the global market, with China being the biggest country.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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The Insight partners,
Phone: +1-646-491-9876
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The growing adoption of IoT application in diverse industries is one of the crucial factors influencing the embedded computing market. Additionally, the increased need for superior performance, secure connectivity, lower cost, power efficiency, and faster time to market are other significant factors bolstering market growth. Smaller and energy-efficient semiconductors are now available in the market owing to advancements in the design of semiconductor. It has further enabled design engineers to enhance security and system intelligence across a wide range of products. Embedded systems are well-matched to fulfill the demand for such products.
- Advantech Co., Ltd.
- ARM Holdings PLC
- Fujitsu Limited
- International Business Machines Corporation
- Intel Corporation
- Microchip Technology Incorporated
- Qualcomm Incorporated
- Renesas Electronics Corporation
- STMicroelectronics N.V.
- Texas Instruments Incorporated
The embedded computing market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. The Asia Pacific is projected to be the fastest-growing region in the global embedded computing market. Also, the Asia Pacific, followed by North America, holds the highest market share in the embedded computing market in 2018.
The Asia-Pacific market for embedded systems and solutions is also largely driven by factors such as growing internet of things (IoT), substantial growth in consumer electronics demand, rising connected cars market, and growing usage of robotics. Ever-increasing consumer electronics industry in the Asia Pacific is expected to provide a promising growth to the region in the embedded systems market during the forecast period. Embedded systems are installed in consumer electronics products such as digital cameras, high definition televisions, set-top boxes, and DVDs. The region accounts for the major consumer electronics share in the global market, with China being the biggest country.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
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