What’s Driving the Computer Engineering Market Trends?
3 Computer Engineering Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.4 Technological and innovation landscape
3.4.1 Product landscape
184.108.40.206 Personal computer
220.127.116.11 Server computer hardware
18.104.22.168 Built-in computer
22.214.171.124 Mobile computer
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Robust economic growth, increasing government funding in technology projects, and increasing political stability is expected to drive the computer engineering market. Growing production of electronic systems for applications such as automotive, industrial, medicine and communications is creating opportunities for the industry. With rapidly expanding technology sector, regional manufacturing of semiconductors is taking pace.
Key Players are
• Cadence Design Systems
• Marvin Test Solutions
• National Instruments
Growth of IoT and rise in the usage of wearable technology such as smartwatches will likely push the microelectronic component demand in the computer engineering market. The technology is broadly being implemented for airbag systems in the automotive industry owing to the government regulations related to driving and growing fears for passenger safety. With automobiles, conventional & electrical, becoming more advanced and needing continuous connection to the internet, the demand for ICs will increase.
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This has resulted in the betterment of living conditions and an increase in the disposable income per household, leading to an increase in the expenditure on luxury goods and high-quality technology. Declining costs of service plans and rapid increase in the volume of cheaply manufactured smartphones & tablets are the major factors driving the uptake of computer engineering market across Asia Pacific.
Several data center companies are implementing FPGAs in the facilities to offload and accelerate specific services such as computationally intensive workloads which is driving the computer engineering market. These devices, when reconfigured for different tasks after manufacturing, are being used in telecom gear, industrial systems, automotive, and military and aerospace applications.
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Key vendors in the computer engineering market comprise Averna Technologies, Inc., Advantest Corporation, Cadence Design Systems, Inc., Marvin Test Solutions, Inc., Lattice Semiconductor Corporation, National Instruments Corporation, Intel Corporation, Nvidia Corporation, SolidCAM Ltd., STMicroelectronics N.V., Synopsys, Inc., Teradyne, Inc., and Xilinx, Inc. among others.
Vendors are facing intense rivalry and are required to invest heavily in R&D activities to sustain market growth. Companies in the computer engineering market are entering into several agreements and partnerships such as sales & supply agreements and plant manufacturing partnerships to provide service to their clients in an improved manner.
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