Embedded Computing Market Size, Share, Trend 2023 report covers, Top Companies, Share and Trends Analysis, Analysis of Business | Atmel Corporation, Microchip Technology Inc

Embedded computing system is a combination of embedded hardware and software, designed to perform a specific dedicated function in an electronic device or a machine. It can work as an independent system or a part of a larger system. The hardware and software are two distinguished parts of any embedded computing system, which are activated by a set of commands called program to perform an operation as lone system. "Embedded" denotes the fact that hardware and software are inseparable parts of the system. 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.

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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.

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

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.

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.

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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.

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)

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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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