The Complete PDF Guide To Embedded Computing Market

Embedded Computing Market is expected to reach US$ 67.29 Billion by 2027

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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.

Embedded systems are used in wide-ranging applications, which differs from low to high-cost consumer electronics to medical devices, industrial equipment to weapon control systems, entertainment devices and aerospace systems to academic equipment, among others. The automotive industry is expected to be a key driver for the embedded computing market. At present, a modern vehicle contains between 25 or 100 electronic control units (ECUs). These systems are generally portioned based on domains, namely real-time body controls and infotainment controls. The real-time body controls include a different category such as chassis control, body control, powertrain control, and active safety control. The second category, the infotainment controls, includes navigation, information management, computing, external communication, and entertainment. Embedded computing in modern vehicles is segmented into different domains, mainly differentiated by the criticality of the function executed. In general, each ECU integrates a processing element (single or multi-core processor), memory subsystems (including volatile and non-volatile), optional dedicated accelerators like cryptographic or image processing engines, power supply elements, and the interfaces to the different sensors, actuators, and network. Specific combinations are chosen depending on the requirements for each application.

A huge number of players are operating in the embedded computing market, which is segmented based on their products. The market players are focused on establishing strong relationships with their customers. Also, the players significantly invest in their R&D to stay competitive to pursue lucrative market opportunities by reducing the development costs of their customers. Some of the major players 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, among others.

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
Others

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

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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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