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Embedded Computing Market Size Outlook, Supportive Judgments | Atmel Corporation, Microchip Technology, Intel Corporation
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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.
By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.
For embedded computing, microcontrollers (MCUs) or microprocessors (MPUs) or custom designed chips are used to run the system along with supporting software in ROM (Read Only Memory). They have strong characteristics of high speed, low power consumption, accuracy, adaptability, reliability, reusability, size and others. Elements in any embedded computing system include interfaces, input/output devices, display, memory and others. In general, it encompasses storage, timers, power supply, system application circuits & serial communication port.
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Embedded computing systems are used to control, monitor or perform a specific function of an electronic equipment by fixed set of program, plan or rules. They perform functions such as reading the sensor inputs, processing that data, display required output, generating & transmitting commands and transforming the data into information. Embedded computing systems are vastly used in a variety of applications across sectors such as home and office, BFSI, security, automobile, defense, healthcare and other sectors. The market for embedded computing is driven by the growing adoption of technologically advanced consumer electronics and the increasing uptake of artificial intelligence across various industries. Other factors impacting the global embedded computing market include growing digitization in healthcare, industrial automation and increasing demand in sectors such as automobile, and defense among others. Further, the demand for embedded computing is increasing worldwide on account of potential growth in emerging economies as well as evolution in Internet of Things (IoT). However, the hardware of an embedded system has limitations of its own including limited life-span, memory capacity and others.
The market for embedded computing is segmented on the basis of its types, end users and geography. The types include hardware and software segment. The hardware segment further includes microprocessor, microcontroller, digital signal processor, and others (ASIC, & FPGA) sub-segment. The end users for embedded computing market include automotive, industrial, healthcare, energy, communications, consumer electronics and others (BFSI, defense and transportation).
KEY BENEFITS:
This report provides an in-depth knowledge of the world embedded computing market to elucidate opportunities in the market.
Current trends and future estimations have been outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold.
A quantitative analysis of the current market trends and forecast from 2016 to 2022 has been provided to highlight the financial competency of the market.
Porter's Five Forces analysis of the industry illustrates the potency of buyers and suppliers operating in the market.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.
KEY PLAYERS
Atmel Corporation
Microchip Technology Inc.
Intel Corporation
Renesas Electronics Corporation
Fujitsu Limited
ARM Holdings plc.
International Business Machines Corporation
Microsoft Corporation
QUALCOMM Incorporated
Texas Instruments Incorporated
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EMBEDDED COMPUTING MARKET SEGMENTATION:
BY TYPE
Hardware
Microprocessor
Microcontroller
Digital Signal Processor
Others (ASIC & FPGA)
Software
BY END USER
Automotive
Industrial
Healthcare
Energy
Communications
Consumers Electronics
Others (Banking, Transport, Government, Robotics, Defense)
BY GEOGRAPHY
North America
United State
Canada
Mexico
Europe
United Kingdom
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Singapore
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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