Embedded Computing Market is expected to grow at a Prime CAGR of 8.7% during 2018-2027

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. The region accounts for the major consumer electronics share in the global market, with China being the biggest country. Customer demand for advanced products along with emerging economies in the region is anticipated to offer a sound growth to the Asia Pacific. This factor is escalating the growth of the revenue size of embedded computing market in the Asia Pacific region. This as a result has positively impacted embedded computing market.

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The Prominent/Emerging Players in the Embedded Computing Market Research include:
- Advantech Co., Ltd.
- Arms Holdings
- Fujitsu
- IBM Corporation
- Intel Corporation
- Microchip Technology Inc.
- STMicroelectronics
- Qualcomm Technologies, Inc.
- Renesas Electronics Corporation
- Texas Instruments Incorporated

The embedded computing market by component is segmented into microprocessors, microcontrollers, application-specific integrated circuits (ASICs), digital signal processors, field programmable gate arrays (FPGAs), memory, software, and others. The growing consumption of consumer electronics, alongside the demand for higher performance and greater functionalities, is driving the global microcontroller market. The increasing focus on the implementation of energy-efficient devices in both process and discrete industries is expected to create a significant demand for microcontrollers during the forecast period. These factors resulted in the steady growth of embedded computing market.

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

Global Embedded Computing Market - By Industry Vertical
- Automotive
- Industrial
- Consumer Electronics
- Transport
- Government & Enterprise
- Communication

Global Embedded Computing Market - By Geography
- North America
- Europe
- Asia Pacific (APAC)
- Middle EAST & Africa (MEA)
- South America

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Key Elements that the report acknowledges:

- Market size and growth rate during forecast period.
- Key factors driving the Embedded Computing Market.
- Key market trends cracking up the growth of the Embedded Computing Market.
- Challenges to market growth.
- Key vendors of Embedded Computing Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Embedded Computing Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.

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This release was published on openPR.