Embedded Computing Market by Type (Hardware and Software) and End User (Communications, Industrial, and Consumer Electronics, Automotive, Healthcare, Energy and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.
An embedded computing system is a combination of embedded hardware and software, designed to perform a specific dedicated function in an electronic device or a machine. It can work as an independent system or a part of a larger system. The hardware and software are two distinguished parts of any embedded computing system, which are activated by a set of commands called program to perform an operation as lone system. Embedded denotes the fact that it is inseparable part of the system. For embedded computing, microcontrollers (MCUs) or microprocessors (MPUs) or custom-designed chips are used to run the system along with supporting software in Read Only Memory (ROM). It has characteristics of high speed, low power consumption, accuracy, adaptability, reliability, reusability, and size. Elements in any embedded computing include interfaces, input/output, display, and memory. In general, it encompasses storage, timers, power supply, system application circuits, and serial communication ports.
The market for embedded computing has been driven by increase in use of consumer electronics and rise in adoption of artificial intelligence in variety of applications across the globe. Other factors that affect the global embedded computing market include technological advancements in healthcare, industrial and increase in demand for automation process in automobile defense & smart home appliances. The demand for embedded computing is increasing across the globe on account of potential growth in emerging economies as well as evolution in Internet of Things (IoT), which is expected to provide the lucrative growth opportunities for the market. However, the configuration and features of embedded systems are difficult to design and incur additional costs for additional features. In addition, the hardware of embedded systems have limitations of its own, including limited life span and memory capacity, which can hamper the market growth.
The embedded computing industry is segmented on the basis of type, end users, and region. On this of type, it is divided into hardware and software. On the basis of hardware It is further divided into, microcontroller, microprocessor, digital signal processer and others Depending on end user, it is classified into communications, industrial, consumer electronics, automotive, healthcare, energy, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the global embedded computing market includes Arm Holdings Plc., Fujitsu Limited, Intel Corporation, IBM Corporation, Microchip Technology, Inc., Microsoft Corporation, Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics, and Texas Instruments Incorporated. These major players have adopted various key development strategies such as business expansion, and new product launches, which help to drive the growth of the market.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the embedded computing market along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the embedded computing market size is provided.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the embedded computing market.
The quantitative analysis of the embedded computing market from 2020 to 2030 is provided to determine the embedded computing market potential.
MARKET SEGMENTS
By Type
Hardware
Microprocessor
Microcontroller
Digital Signal Processor
Others
Software
By End User
Communications
Industrial
Consumer Electronics
Automotive
Healthcare
Energy
Others
By Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Singapore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Arm Holdings Plc.
Fujitsu Limited
Intel Corporation
IBM Corporation
Microchip Technology, Inc.
Microsoft Corporation
Qualcomm Incorporated
Renesas Electronics Corporation
STMicroelectronics
Texas Instruments Incorporated
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