Embedded Computing Market 2018 Report: Growth Rate by Application, Manufacturers and Forecast - 2022

Embedded computing market is expected to garner $236.5 billion by 2022, registering a CAGR of 6.2% during the forecast period 2016 to 2022. The embedded computing system is a combination of hardware and software which are designed to perform a specific dedicated function in an electronic device or machine. The hardware and software are two distinguished parts of any embedded computing system that are activated by a set of commands called program to perform an operation as a lone system. Microcontrollers (MCUs) or microprocessors (MPUs) or other custom designed chips along with supporting software in ROM (Read Only Memory) are the basic components used to run an embedded computing system.

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They have strong characteristics of high speed, low power consumption, accuracy, adaptability, reusability, reliability, size, and others. In general, it encompasses storage, timers, power supply, system application circuits, and serial communication part. Embedded computing systems are used to control, monitor, or perform a specific function of an electronic equipment by executing a fixed set of commands, rules, plan, or programs, which include reading inputs, data processing, display output, generating & transmitting data and others.

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Key Findings of the embedded computing market:-

- Major driving forces for the growth of embedded computing market are increasing penetration of consumer electronics, rising uptake of artificial intelligence, growing automation of processes, and rising technological advancements.
- Microprocessors dominated the embedded computing market in 2015; however, the microcontrollers segment is expected to grow at a fastest CAGR during the forecast period.
- North America dominated the market in 2015, and LAMEA is expected to register the fastest growth over the forecast period.
- The report also features the competitive scenario of the globalembedded computing market. It provides a comprehensive analysis of the key growth strategies adopted by major players operating in the market. Product launch, strategic alliance, and collaboration have been observed as the prominent growth strategies adopted by the leading market players.

Companies profiled in the report include Atmel Corporation, Microchip Technology Inc., Intel Corporation, Renesas Electronics Corporation, Fujitsu Limited, ARM Holdings plc., IBM Corporation, Microsoft Corporation, QUALCOMM Incorporated, and Texas Instruments Incorporated.

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