Embedded Computing Market by Technology, Solutions, Application, Price, Demand Analysis and Growth Opportunities to 2027 | Advantech Co., Ltd., Arms Holdings, Fujitsu, IBM Corporation, Intel Corporation

Embedded computing market on a global scenario was valued at US$ 32.1 Bn in 2018 and is expected to grow at a CAGR of 8.7% during the forecast period 2019 - 2027, to reach US$ 67.3 Bn by 2027.

The growing adoption of IoT application in diverse industries is one of the crucial factors influencing the embedded computing market. Additionally, the increased need for superior performance, secure connectivity, lower cost, power efficiency, and faster time to market are other significant factors bolstering market growth. Smaller and energy-efficient semiconductors are now available in the market owing to advancements in the design of semiconductor. It has further enabled design engineers to enhance security and system intelligence across a wide range of products. Embedded systems are well-matched to fulfill the demand for such products.

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Leading companies profiled in the report include Advantech Co., Ltd., Arms Holdings, Fujitsu, IBM Corporation, Intel Corporation, Microchip Technology Inc., STMicroelectronics, Qualcomm Technologies, Inc., Renesas Electronics Corporation, and Texas Instruments Incorporated

The embedded computing market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. The Asia Pacific is projected to be the fastest-growing region in the global embedded computing market. Also, the Asia Pacific, followed by North America, holds the highest market share in the embedded computing market in 2018.

The report segments the global embedded computing market as follows:

Global Embedded Computing Market - By Component

Microprocessor
Microcontroller
ASIC
Digital Signal Processor
FPGA
Memory
Other Hardware
Software
Global Embedded Computing Market - By Industry Verticals

Automotive
Industrial
Consumer Electronics
Transport
Government & Enterprise
Communication
Others

The application of an embedded system in vehicles has witnessed a high growth in the past two decades owing to demand better features. Also, the emergence of autonomous cars is a key factor expected to influence the demand for embedded systems in the automotive sector. In February 2019, STMicroelectronics collaborated with Virscient to allow quicker delivery of connected-car systems with ST's Telemaco3P automotive application processors. ST's Telemaco3P integrates Dual-Arm Cortex-A7 processors with an independent Arm Cortex-M3 subsystem, an embedded hardware security module, as well as a set of connectivity interfaces.

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