Embedded Computing: The Backbone of Connected World
The global 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.
Geographically, Asia-Pacific holds the largest embedded computing market share, owing to rapid technological developments, and numerous investments in the APAC countries. 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.
Download To Get Sample Copy Here
Top Key Players: Advantech Co., Ltd.,Arms Holdings,Fujitsu,IBM Corporation,Intel Corporation,Microchip Technology Inc.,STMicroelectronics,Qualcomm Technologies, Inc.,Renesas Electronics Corporation,Texas Instruments Incorporated
Automotive Industry is Expected to be the Prime Driver for the Embedded Computing Market
At present, a modern vehicle contains between 25 or 100 electronic control units (ECUs). These systems are generally portioned based on domains, namely real-time body controls and infotainment controls. The real-time body controls include a different category such as chassis control, body control, powertrain control, and active safety control. The second category, the infotainment controls, includes navigation, information management, computing, external communication, and entertainment.
GLOBAL EMBEDDED COMPUTING MARKET SEGMENTATION
Global Embedded Computing Market – By Component
Microprocessors
Microcontrollers
Application-Specific Integrated Circuits (ASICs)
Digital Signal Processors
Field Programmable Gate Arrays (FPGAS)
Memory
Software
Others
Global Embedded Computing Market – By Industry Vertical
Automotive
Industrial
Consumer Electronics
Transport
Government & Enterprise
Communication
Others
Source: The Insight Partners