Embedded Systems Market

Embedded Systems Market



Growth Factors of Embedded Systems Market

The embedded systems market size was valued at USD 94.77 billion in 2022, and the market is now projected to grow from USD 100.04 billion in 2023 to USD 161.86 billion by 2030, exhibiting a CAGR of 7.1% during the forecast period of 2023-2030.

The COVID-19 pandemic has significantly affected the embedded systems market growth. The pandemic has disrupted the manufacturing of embedded components and affected organizations that are utilizing these products. The lockdown and trade restrictions during the pandemic had decreased demand for semiconductor products. However, the healthcare sector has amplified demand for embedded hardware components in ventilators and advanced medical equipment, which positively affected the market expansion. Hence, the pandemic has overall hindered

The embedded systems market share globally has increased because of escalating demand for electric and hybrid vehicles. The rising popularity of these vehicles is fueling the demand for embedded solutions. These systems are an essential part in EVs that can manage tasks, such as motor control, battery regulation, and performance monitoring, and deliver driver information. The growing classiness of these vehicles intensified the complexity of the required embedded solutions.

The trend is increasing the need for seamless connectivity to increase demand for wireless embedded solutions. The objective behind developing wireless embedded software solutions is to ensure the unspoiled transmission and reception of information. They are favorable where physical connections are unfeasible. It is making them necessary for Internet of Things (IoT) peripheral devices and interconnected systems.

Comprehensive Analysis of Embedded Systems Market

The embedded systems market and information & communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a complete regional assessment considering the dominant supply and demand forces that impact the information & communication technology industry. These segmentations are methodically segregated by types of component, type, and application. The component includes hardware and software. The type is such as standalone embedded systems, real-time embedded systems, network embedded systems, and mobile embedded systems. The applications involve medical equipment, consumer electronics, industrial automation, aerospace & defense technologies, automotive systems, telecommunications, smart devices, and others.

The North American region is conducive to the global embedded systems market, leading to a recall of USD 39.06 billion because of the growing focus on cutting-edge technologies and integration of embedded solutions in diverse sectors fueling the demand for the product.

The top players in the market play a vital role in the information & communication technology industry assuring industrial prospectus growth and setting market values. These players include Renesas Electronics (Japan), STMicroelectronics N.V. (Switzerland), Infineon Technologies (Germany), Texas Instruments Inc. (U.S.), Qualcomm Incorporated (U.S.), Microchip Technology Inc. (U.S.), Analog Devices Inc. (U.S.), NXP Semiconductors (Netherlands), Intel Corporation (U.S.), and Advanced Micro Devices, Inc. (U.S.), these market players present a level-playing competitive landscape.

In October 2023, Renesas Electronics Corporation announced partnership with EdgeCortix. The aim of this partnership is to accelerate the development of AI/ML technologies and to help clients compile their AI code effortlessly.

Segmentation Table

Global Embedded Systems Market Scope

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate CAGR of 7.1% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Component

Hardware

Software

By Type

Standalone Embedded Systems

Real-Time Embedded Systems

Network Embedded Systems

Mobile Embedded Systems

By Application

Consumer Electronics

Medical Equipment

Industrial Automation

Automotive Systems

Aerospace & Defense Technologies

Telecommunications

Smart Devices

Others

By Region

North America (By Component, By Type, By Application, and By Country)
  • U.S. (By Type)
  • Canada (By Type)
  • Mexico (By Type)
South America (By Component, By Type, By Application, and By Country)
  • Brazil (By Type)
  • Argentina (By Type)
  • Rest of South America
Europe (By Component, By Type, By Application, and By Country)
  • U.K. (By Type)
  • Germany (By Type)
  • France (By Type)
  • Italy (By Type)
  • Spain (By Type)
  • Russia (By Type)
  • Benelux (By Type)
  • Nordics (By Type)
  • Rest of Europe
Middle East & Africa (By Component, By Type, By Application, and By Country)
  • Turkey (By Type)
  • Israel (By Type)
  • GCC (By Type)
  • North Africa (By Type)
  • South Africa (By Type)
  • Rest of Middle East & Africa
Asia Pacific (By Component, By Type, By Application, and By Country)
  • China (By Type)
  • Japan (By Type)
  • India (By Type)
  • South Korea (By Type)
  • ASEAN (By Type)
  • Oceania (By Type)
  • Rest of Asia Pacific


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Embedded Systems Key Players Market Share/Ranking, 2022
5. Global Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Hardware
5.2.2. Software
5.3. By Type (USD)
5.3.1. Standalone Embedded Systems
5.3.2. Real-Time Embedded Systems
5.3.3. Network Embedded Systems
5.3.4. Mobile Embedded Systems
5.4. By Application (USD)
5.4.1. Consumer Electronics
5.4.2. Medical Equipment
5.4.3. Industrial Automation
5.4.4. Automotive Systems
5.4.5. Aerospace & Defense Technologies
5.4.6. Telecommunications
5.4.7. Smart Devices
5.4.8. Others
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Hardware
6.2.2. Software
6.3. By Type (USD)
6.3.1. Standalone Embedded Systems
6.3.2. Real-Time Embedded Systems
6.3.3. Network Embedded Systems
6.3.4. Mobile Embedded Systems
6.4. By Application (USD)
6.4.1. Consumer Electronics
6.4.2. Medical Equipment
6.4.3. Industrial Automation
6.4.4. Automotive Systems
6.4.5. Aerospace & Defense Technologies
6.4.6. Telecommunications
6.4.7. Smart Devices
6.4.8. Others
6.5. By Country (USD)
6.5.1. United States
6.5.1.1. By Type
6.5.2. Canada
6.5.2.1. By Type
6.5.3. Mexico
6.5.3.1. By Type
7. South America Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Hardware
7.2.2. Software
7.3. By Type (USD)
7.3.1. Standalone Embedded Systems
7.3.2. Real-Time Embedded Systems
7.3.3. Network Embedded Systems
7.3.4. Mobile Embedded Systems
7.4. By Application (USD)
7.4.1. Consumer Electronics
7.4.2. Medical Equipment
7.4.3. Industrial Automation
7.4.4. Automotive Systems
7.4.5. Aerospace & Defense Technologies
7.4.6. Telecommunications
7.4.7. Smart Devices
7.4.8. Others
7.5. By Country (USD)
7.5.1. Brazil
7.5.1.1. By Type
7.5.2. Argentina
7.5.2.1. By Type
7.5.3. Rest of South America
8. Europe Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Hardware
8.2.2. Software
8.3. By Type (USD)
8.3.1. Standalone Embedded Systems
8.3.2. Real-Time Embedded Systems
8.3.3. Network Embedded Systems
8.3.4. Mobile Embedded Systems
8.4. By Application (USD)
8.4.1. Consumer Electronics
8.4.2. Medical Equipment
8.4.3. Industrial Automation
8.4.4. Automotive Systems
8.4.5. Aerospace & Defense Technologies
8.4.6. Telecommunications
8.4.7. Smart Devices
8.4.8. Others
8.5. By Country (USD)
8.5.1. United Kingdom
8.5.1.1. By Type
8.5.2. Germany
8.5.2.1. By Type
8.5.3. France
8.5.3.1. By Type
8.5.4. Italy
8.5.4.1. By Type
8.5.5. Spain
8.5.5.1. By Type
8.5.6. Russia
8.5.6.1. By Type
8.5.7. Benelux
8.5.7.1. By Type
8.5.8. Nordics
8.5.8.1. By Type
8.5.9. Rest of Europe
9. Middle East & Africa Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Hardware
9.2.2. Software
9.3. By Type (USD)
9.3.1. Standalone Embedded Systems
9.3.2. Real-Time Embedded Systems
9.3.3. Network Embedded Systems
9.3.4. Mobile Embedded Systems
9.4. By Application (USD)
9.4.1. Consumer Electronics
9.4.2. Medical Equipment
9.4.3. Industrial Automation
9.4.4. Automotive Systems
9.4.5. Aerospace & Defense Technologies
9.4.6. Telecommunications
9.4.7. Smart Devices
9.4.8. Others
9.5. By Country (USD)
9.5.1. Turkey
9.5.1.1. By Type
9.5.2. Israel
9.5.2.1. By Type
9.5.3. GCC
9.5.3.1. By Type
9.5.4. North Africa
9.5.4.1. By Type
9.5.5. South Africa
9.5.5.1. By Type
9.5.6. Rest of MEA
10. Asia Pacific Embedded Systems Market Size Estimates and Forecasts, By Segments, 2017-2030
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Hardware
10.2.2. Software
10.3. By Type (USD)
10.3.1. Standalone Embedded Systems
10.3.2. Real-Time Embedded Systems
10.3.3. Network Embedded Systems
10.3.4. Mobile Embedded Systems
10.4. By Application (USD)
10.4.1. Consumer Electronics
10.4.2. Medical Equipment
10.4.3. Industrial Automation
10.4.4. Automotive Systems
10.4.5. Aerospace & Defense Technologies
10.4.6. Telecommunications
10.4.7. Smart Devices
10.4.8. Others
10.5. By Country (USD)
10.5.1. China
10.5.1.1. By Type
10.5.2. India
10.5.2.1. By Type
10.5.3. Japan
10.5.3.1. By Type
10.5.4. South Korea
10.5.4.1. By Type
10.5.5. ASEAN
10.5.5.1. By Type
10.5.6. Oceania
10.5.6.1. By Type
10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Renesas Electronics
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. STMicroelectronics N.V.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Infineon Technologies
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Texas Instruments Inc.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Qualcomm Incorporated
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. NXP Semiconductors
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Microchip Technology Inc.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Analog Devices Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Intel Corporation
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Advanced Micro Devices, Inc.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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