Press release
Embedded AI Computing Platforms Market: Rising Digitization In Industrial Automation, Healthcare
Embedded AI computing platforms is a combination of embedded artificial intelligence software embedded with applications that are designed and developed to perform explicit dedicated functions in an electronic machine or device. The embedded AI computing supports to automate the business process and tasks to provide business and users with actionable results via advanced analytics, it also supports business in decision making process and improve overall customer experience. Microprocessors (MPUs), microcontrollers (MCUs), or other custom designed integrated chips along with supporting software in Read Only Memory are essential for working of embedded computing systems.Obtain Report Details @ https://www.transparencymarketresearch.com/embedded-ai-computing-platforms-market.html
These systems have diverse features such as low power consumption, accuracy, high speed, reusability, adaptability, size, and reliability. Some of the other component elements in an Embedded AI computing platforms also include input/output devices, interfaces memory, display and others. In general, it includes power supply, storage, system application circuits, timers, and serial communication parts. Embedded AI computing platforms are mainly used to monitor, control, or perform a particular function of an electronic system by implementing a fixed set of rules, commands, programs or plans. Such functions include data processing, reading inputs, generating & transmitting data, display output and others.
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Embedded AI computing Platforms are extensively used in a variety of applications including office automation, home applications, security, automobile, banking and financial institutes, healthcare, defense, personal and other sectors. The market for Embedded AI computing platforms is driven by rising adoption of consumer electronics along with increasing adoption of artificial intelligence. Other factors that are impacting the global Embedded AI computing platforms market include rising digitization in industrial automation, healthcare and increasing demand in defense, automobile and other sectors. Globally, the applications of embedded AI computing platforms are rising due to potential growth of emerging economies as well as evolution in Internet of Things (IoT) technology.
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The Embedded AI computing platforms market has been segmented on the basis of component, industry vertical, end user, and region. Based on component, the market is segmented as hardware and software. Hardware segment is further sub segmented into microprocessor, microcontroller, digital signal processors, and others. Industry vertical segmentation includes automotive, retail, healthcare, IT & telecom, energy & utilities, and consumer electronics. Consumer electronics sector is estimated to experience healthy growth due to increasing adoption of smart and advanced technology oriented products, thus driving the market. On the basis of end user, the market is segmented into large enterprises, and small & medium size enterprises (SME’s).
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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