Press release
Computer Engineering Market Outlook 2021-2024 | Xilinx, Averna Technologies, Teradyne, Synopsys, STMicroelectronics, SolidCAM Ltd., Nvidia Corporation
Computer Engineering Market
Embarking on a barrage of technological advancements such as memory blocks, fast IO, and large gate array-based FPGAs, the profitability quotient of the overall business space is indeed undergoing a turnaround of sorts. In this regard, the emergence of hyper scale data center, primarily based on densely packaged servers, is claimed to bring a disruptive trend in the overall computer engineering market outlook.
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Server computers are projected to drive substantial growth over the forecast period owing to globally increasing number of data centers as a result of rising demand for online services and cloud storage. Rise in data center numbers will be accentuated by transition from on-premise and small facilities run internally to hyperscale data centers operated by large service providers or colocation. Several innovative and sustainable server solutions are being developed by data center manufacturers, hence adding to market share.
Unsurprisingly, the end-use landscape of computer engineering market is claimed to be versatile and humongous, given the fact that IoT has practically encompassed every object under its canopy. As per reliable estimates- economic impact of the Internet of Things is expected to reach almost USD 3 trillion to USD 11 trillion by 2025. This, in extension would prompt computer engineering industry players to come up with innovative high-end products that simultaneously deliver quick operation as well as holistic intelligence. The automotive sector, undeniably, evolved as a pivotal application domain for the overall business space, given the increasing deployment of infotainment, safety and security systems, smart sensors, and body electronics in connected car systems.
The far-reaching growth prospects of computer engineering market from automotive applications is quite vivid from the instances of slew of automakers tapping the driverless vehicle space. A recent instance of the same- software maker NVIDIA and automotive supplier Continental, reportedly, have declared their collaboration in a bid to develop absolutely groundbreaking AI self-driving vehicle systems. The partnership would amalgamate NVIDIA’s computer processing units and AI software features with Continental’s sensor technology to develop the AI technology for electrifying the self-driving cars.
Given that the competitive spectrum of computer engineering industry is moderately fragmented, leading manufacturers have been vying with one another to secure their presence in the strategic landscape. On this ground, computer engineering market has been witnessing a slew of mergers and acquisitions over the recent years, where organizations work conjointly on improvising their product portfolios.
On a global scale, the computer engineering market consists of companies such as Synopsys, Inc., Intel Corporation, Xilinx, Inc., Cadence Design Systems, Inc., NVIDIA Corporation, National Instruments Corporation, STMicroelectronics N.V., Advantest Corporation and Lattice Semiconductor Corporation. These firms are focusing on making massive investments in research and development and new product launches, among others.
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Partial Chapter of the Table of Content
Charts & Figures
FIG. 1 Computer engineering industry hardware share, 2016
FIG. 2 Industry segmentation
FIG. 3 Global computer engineering market, 2013 - 2024 (USD Billion)
FIG. 4 Worldwide electronic manufacturing labor statistics, by country
FIG. 5 Industry ecosystem analysis
FIG. 6 Mobile phone users by country (Million Users)
FIG. 7 Total U.S electric vehicle sales, 2011 – 2016, unit shipments
FIG. 8 Growth potential analysis
FIG. 9 Porter’s analysis
FIG. 10 PESTEL analysis
FIG. 11 Computer engineering industry share, by product functionality, 2016 & 2024
FIG. 12 Computer engineering industry share, by application, 2016 & 2024
FIG. 13 Computer engineering market share by region, 2016 & 2024
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