An embedded computing system is an arrangement of different hardware and software, which are intended to execute a precise dedicated function in an electronic machine or device. These hardware and software are stimulated by an array of commands known as a program to execute operation as a lone system. Microprocessors or microcontrollers or other custom-designed chips together with supporting software in Read-Only Memory (ROM) are the basic components used in an embedded computing system. The functions of the embedded computing system include reading inputs, display out, data processing, and generating & transmitting data, among others.
The growing demand for consumer electronics across the globe, coupled with the rising adoption of artificial intelligence is the key factor bolstering the embedded computing system market. Also, other factors, including, growing industrial automation & digitalization in diverse industries such as healthcare, defense, automotive, and others, are propelling the embedded computing market growth. Further, the emergence of the Internet of things is expected to drive the embedded computing market demand, particularly in developing economies. However, limited memory-capacity and life-span may act as restraining factors to the embedded computing market growth.
The "Global Embedded Computing Market Analysis to 2027" is a specialized and in-depth study of the embedded computing industry with a special focus on the global market trend analysis. The report aims to provide an overview of embedded computing market with detailed market segmentation by type, industry vertical, and geography. The global embedded computing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading embedded computing market players and offers key trends and opportunities in the market.
The global embedded computing market is segmented on the basis of type and industry vertical. Based on the type, the market is bifurcated into hardware and software. The hardware segment of embedded computing market is further classified into microprocessor, microcontroller, ASIC, digital signal processor, FPGA, and others. The industry vertical segment is segmented into automotive, industrial, energy, transport, BFSI, government, communications, robotics, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global embedded computing market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The embedded computing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the embedded computing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the embedded computing market in these regions.
The reports cover key developments in the embedded computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from embedded computing market are anticipated to lucrative growth opportunities in the future with the rising demand for Embedded computing in the global market. Below mentioned is the list of few companies engaged in the embedded computing market.
The report also includes the profiles of key embedded computing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advantech Co., Ltd.
- AMR Electrical Services Ltd
- IBM Corporation
- Intel Corporation
- Microchip Technology Inc.
- Microsoft Corporation
- Qualcomm Technologies, Inc.
- Renesas Electronics Corporation
- Texas Instruments Incorporated
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.