About Embedded Computing
An embedded computing system is a combination of software and hardware aimed to perform specific functions in electronic equipment. Some of the major features of the embedded computing system are low energy consumption, high speed, reliability, adaptability, reusability, and others. Further, it includes the serial communication part, storage, timers, and system application circuits. Embedded computing market is growing owing to increasing digitization in healthcare & industrial automation with the integration of artificial intelligence and the internet of things (IoT).
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.0% |
Embedded computing market is fragmented owing to the number of players present in the market. Some of the market leaders are IBM, Intel Corporation, Microchip Technology, Inc. and others. Market leaders are focusing on escalating embedded computing services in healthcare, automotive, defense and other industries. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Embedded Computing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atmel Corporation (United States), Microchip Technology, Inc. (United States), Intel Corporation (United States), Renesas Electronics Corporation (Japan), Fujitsu Limited (Japan), Arm Holdings Plc. (United Kingdom), International Business Machines Corporation (United States), Microsoft Corporation (United States), Qualcomm Incorporated (United States), Texas Instruments Incorporated (United States) and SSI Embedded Systems Programming, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Embedded Systems Design, Inc. (United States), Blaupunkt Embedded Systems GmbH (Germany), Savoir-faire Linux (Canada), Linux Tech Inc. (United States) and Infineon Technologies AG (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Embedded Computing market by Type (Hardware, Software and Others) and Region.
On the basis of geography, the market of Embedded Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Hardware, the sub-segment i.e. Microprocessor will boost the Embedded Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Embedded Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development in the Internet of Things (IoT) and Emphasizing On Automation of Processes among Numerous Industries
Market Growth Drivers:
The emergence of Artificial Intelligence in Embedded Computing and Increasing Applications of Embedded Computing In Smart Appliances
Challenges:
Complexity Involved in the Design and Process Configuration of Embedded Computing
Restraints:
Security Concern Regarding Embedded Computing and High Initial Investment Associate to Embedded Computing
Opportunities:
Technological Advancement in Embedded Computing Solutions and Increasing Demand from the Automotive, Healthcare, and Defense Sector
Market Leaders and their expansionary development strategies
In October 2023, Qualcomm teams up with Bosch to integrate Snapdragon processors into automotive systems for advanced driver-assistance features.
In November 2023, Microchip PolarFire FPGA SoC A low-power FPGA with integrated Arm CPU, targeting wearables, medical devices, and industrial automation.
Key Target Audience
Embedded Systems Component Manufacturers, Original Device Manufacturers (ODMs), Original Equipment Manufacturers (OEMs) Of Embedded Systems, Assembly, Testing, And Packaging Vendors, Operating System and Middleware Developers, Distributors and Traders, Research Organizations, Organizations, Forums, Alliances, and Associations Related To Embedded Systems and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.