What Are The Key Benefits And Types Of Embedded Computing?

The global embedded computing market is estimated to account US$ 32.09 Bn in 2018 and is expected to grow at a CAGR of 8.7% during the forecast period 2018 – 2027, to account to US$ 67.29 Bn by 2027.

Geographically, Asia-Pacific holds the largest embedded computing market share, owing to rapid technological developments, and numerous investments in the APAC countries. The Asia-Pacific market for embedded systems and solutions is also largely driven by factors such as growing internet of things (IoT), substantial growth in consumer electronics demand, rising connected cars market, and growing usage of robotics. Ever-increasing consumer electronics industry in the Asia Pacific is expected to provide a promising growth to the region in the embedded systems market during the forecast period.

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Top Key Players: Advantech Co., Ltd.,Arms Holdings,Fujitsu,IBM Corporation,Intel Corporation,Microchip Technology Inc.,STMicroelectronics,Qualcomm Technologies, Inc.,Renesas Electronics Corporation,Texas Instruments Incorporated

Automotive Industry is Expected to be the Prime Driver for the Embedded Computing Market

At present, a modern vehicle contains between 25 or 100 electronic control units (ECUs). These systems are generally portioned based on domains, namely real-time body controls and infotainment controls. The real-time body controls include a different category such as chassis control, body control, powertrain control, and active safety control. The second category, the infotainment controls, includes navigation, information management, computing, external communication, and entertainment.

GLOBAL EMBEDDED COMPUTING MARKET SEGMENTATION

Global Embedded Computing Market – By Component

• Microprocessors
• Microcontrollers
• Application-Specific Integrated Circuits (ASICs)
• Digital Signal Processors
• Field Programmable Gate Arrays (FPGAS)
• Memory
• Software
• Others

Global Embedded Computing Market – By Industry Vertical

• Automotive
• Industrial
• Consumer Electronics
• Transport
• Government & Enterprise
• Communication
• Others

Source: The Insight Partners