Embedded System Market size to exceed USD 258 billion by the next seven years
Request for a sample of this research report @
Embedded system is a combination of computer software and hardware specifically designed or programmed to execute a particular function. It plays an important role in almost every electronic device. An MP3 player, cell phone, control menu on TV systems, are a few examples of day to day applications of this system.
It is found wide acceptance in every sector including automobiles, Industrial machines, cameras, medical equipment, airplanes, household appliances, toys, vending machines, and many more. It is a key enabler of a smart device. The advent of semiconductor technology has led to declining costs of microprocessors together with reduced manufacturing costs have contributed to widen the horizon of advanced microcontrollers’ applications.
Consumer electronics is one of the key end-use sectors for this market. Proliferation of smart devices like smart phones, LED TVs, electronic and home appliances is likely to open new avenues for the market. At present, the consumer electronics sector is witnessing significant growth owing to technology trends like mobility, miniaturization and digitalization. Furthermore, growing demand for smart living with smart devices like advanced gaming consoles, portable devices like video players, sophisticated digital cameras, and home appliances including dishwashers, refrigerators, dryers, washing machines, air conditioners, and electric cookers is anticipated to fuel the market growth.
North America embedded system market size is projected to be worth 84 billion at a growing CAGR of 5.7% in the near future. Europe is anticipated to pick up the pace during the projected period and surpass USD 62 billion over the predicted time frame. Asia Pacific market is likely to register USD 81 billion by 2023 owing to the largely available skillful professionals in software development.
Key participants of the moderately competitive market include Renesas Electronics, Freescale Semiconductor, Microchip, Infineon Technologies, Atmel Corporation, Samsung, STMicroelectronics and Texas Instruments.
Browse key industry insights spread across 110 pages with 32 market data tables & 31 figures & charts from the report, “Embedded System Market Size By Application (Automotive, Industrial, Consumer Electronics, Telecommunication, Healthcare, Military & Aerospace), By Product (Software, Hardware) Industry Outlook Report, Regional Analysis, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
Following are the projected key trends:
• Designing Secure Systems on Focus
• Emergence of M2M Communication drives Demand for Embedded M2M Solutions
• Smart devices and vehicles open up the application avenues
• Growing Role of Electronic Control and Signaling in Railway Networks creates prospects
• Advancement in Medical and Healthcare Boosts Market Opportunities
Read our Insightful Blog @
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105,
Ocean View Delaware 19970 United States
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Embedded System Market size to exceed USD 258 billion by the next seven years here
News-ID: 386622 • Views: 344
More Releases from Global Market Insights, Inc.
Robotic Prosthesis Market Dynamics, Forecast, Analysis and Supply Demand 2019-20 …
Robotic prosthesis market size is expected to grow significantly from 2019 to 2025. Robotic prosthesis market is primarily driven by growing demand for prosthetic implants owing to due to rise in number of accidents, severe injuries, tumors as well as congenital anomalies. Growing investments in R&D to integrate intelligent mechatronics, advanced sensing and control for attaining higher order lost sensorimotor functions, have enabled introduction of advanced technology within the devices
Anal Fistula Surgical Treatment Market Growth, Opportunities, Industry Applicati …
Anal fistula surgical treatment size is expected to grow significantly from 2019 to 2025. The anal fistula surgical treatment market is projected to witness lucrative growth over the coming years due to the increasing prevalence of inflammatory bowel diseases. Inflammatory bowel disease (IBD) is a chronic inflammatory disorder of the gastrointestinal (GI) tract that includes both ulcerative colitis and crohn disease. Some of the symptoms of inflammatory bowel diseases are
Healthcare Fabrics Market Outlook 2019 - Growth Drivers, Opportunities and Forec …
Healthcare fabrics market size is expected to grow significantly from 2019 to 2025. The healthcare fabrics market is estimated to witness lucrative growth over the coming years owing to increasing consumer awareness regarding the usage of hygiene products along with the improved quality of healthcare fabrics. The fabrics play a vital role in the healthcare textile industry as they are used in various medical applications. With the changing lifestyle, personal
Veterinary Equipment and Disposables Market Growth, Opportunities, Industry Appl …
Veterinary Equipment and Disposables Market size is projected to experience significant growth from 2019 to 2025. The veterinary equipment and disposables market is estimated to witness considerable growth over the forth coming years. These equipments and disposables are intended for diagnosis, monitoring and treatment of various health conditions associated with animals. High growth is attributable to increasing prevalence of zoonotic diseases coupled with rising trend of pet adoption in both
More Releases for Embedded
Global Embedded Security Product Market Research Report
This report studies the global Embedded Security Product market status and forecast, categorizes the global Embedded Security Product market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. The major manufacturers covered in this report Infineon(Germany) STMicroelectronics (Switzerland) NXP (Netherlands) Gemalto (Netherlands) Microchip (US) Samsung (South Korea) Texas Instruments
The Merchant Embedded Computing Market: Advantech, Kontron, Abaco, Artesyn Embed …
MarketResearchReports.Biz adds “Global The Merchant Embedded Computing Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the The Merchant Embedded Computing market and the growth estimates for the forecasted period. This report studies the global The Merchant Embedded Computing market status and forecast, categorizes the global The Merchant Embedded Computing market size (value & volume) by manufacturers, type, application, and
Embedded Computing Market Is Thriving Worldwide
HTF MI recently introduced Global Embedded Computing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. At present, the market is developing its presence and some of the key players from the complete study are Advantech, Kontron, Abaco, Artesyn Embedded, Curtiss Wright Controls, ADLINK, DFI, MSC Technologies, Congatec AG, Portwell, Radisys, Avalue Technology, Mercury Systems, IEI, Data Modul, AAEON,
Embedded Analytics Market - Competition Intelligence
The Embedded Analytics Market Competition Intelligence report provide an in-depth insight pertaining to the latest strategic developments in this arena. The report offers comprehensive coverage on the recent initiatives by the top market participants including IBM, Infor (Birst, Inc.), Information Builders, Logi Analytics, Microsoft and Micro Strategy among others. The study facilitates in understanding the market trends by narrowing it down to company level. Also, the well-designed proprietary KBV Cardinal
Embedded System Market (Standalone Embedded Systems, Real Time Embedded Systems, …
Embedded systems is a field derived through a combined study of software and hardware. Both aspects come together to create a functional targeting device that possesses the advantages of adaptability, speed, accuracy, reliability, power, and smaller size. Embedded systems possess a wide array of utility in the fields of mobile communication, electronic payment solutions, railways, aeronautics, and automobiles. They can be designed for specific applications in each field and can
Distec now runs embedded DisplayPort
Effortless control of TFT displays with PrismaECO-eDP controller board and LVDS2eDP interface Distec - leading German specialist for TFT flat screens and system solutions for industrial and multimedia applications - presents the autonomous TFT controller board PrismaECO-eDP, the latest member of the proven Prisma family. "In modern TFT displays with full HD resolution, manufacturers are focusing more and more on embedded DisplayPort (eDP) as an input interface because compared to LVDS