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Worldwide Embedded Computing Ecosystem Market is Projected to Reach USD 83.86 Billion by 2025 | Ozone Market Reports
Ozone Market Reports
The different segment of Embedded Computing Ecosystem market are component, organization size, end-users and region.
Market segmented by Component
Hardware
Software
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Hardware segment is further sub segmented into microprocessor, microcontroller, digital signal processors and others. For instance, emerging opportunities for Embedded Computing Ecosystem in the manufacturing industry and high growth in various industries such as manufacturing, oil gas and mining in Asia-Pacific region are expected to boost the growth of the overall market over the forecast period. Therefore, boosting the growth of the hardware segment of the embedded computing ecosystem market.
Market segmented by End-user
Healthcare
Retail
Manufacturing
Transportation & Logistics
Consumer Electronics
Automotive
Energy & Utilities
Others
Consumer electronics sector is estimated to experience healthy growth due to increasing adoption of smart and advanced technology-oriented products, thus driving the market. Also, early adoption of such solutions has driven the market in the consumer electronics industry.
Market segmented by region
North America
Europe
Asia-Pacific
Rest of the World
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North America has dominated the Embedded Computing Ecosystem market and has generated USD XX million market value in 2017 and is estimated to reach USD XX million market by 2025 with growing XX% CAGR. The reasons attributed due to the high concentration of Embedded Computing Ecosystem providers in this region.
APAC is expected to grow at the fastest growth rate over the forecast period, due to the presence of large number of colocation data centers that are supporting the growth of the Embedded Computing Ecosystem market in this region.
The major market players of the global Embedded Computing Ecosystem market are:
Atmel Corporation, Intel Corporation, Microsoft Corporation, Fujitsu Limited, ARM Holdings plc. IBM Corporation, Renesas Electronics Corporation, Qualcomm Incorporated, and Texas Instruments Incorporated and others.
These companies using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, merger & acquisition is the key strategy adopted by the companies in the market.
The factors contributing to the growth of the Embedded Computing Ecosystem market include IoT is the primary growth engine for embedded computing systems globally, evolution of power efficient, affordable sensors, LPWANS and expanded wireless broadband connectivity and cloud computing and cloud computing platforms.
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