The global embedded systems market size was USD 91.43 Billion in 2022 and is expected to register a revenue CAGR of 6.4% during the forecast period. The steady market revenue growth can be attributed to rapid technological advancements in the robotics and automation sectors, a proliferation of the Internet of Things (IoT) devices across various industries, including smart homes, healthcare, and automotive, and increasing use of embedded systems technology in healthcare facilities.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Embedded Systems market include:
Intel Corporation, Renesas Electronics, Texas Instruments Inc., NXP Semiconductors, Qualcomm Incorporated, Cypress Semiconductors, Infineon Technologies, Analog Devices Inc., Microchip Technology Inc., STMicroelectronics N.V., Microsoft Corporation, Atmel Corporation, HCL Technologies, Ltd., Infosys, Ltd. Freescale Semiconductor, Inc., Philips, Motorola, LG Electronics, VOLVO, Robert Bosch. Others
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Embedded Systems market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Embedded Systems Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Embedded Systems Market Segmentation:
-
Component Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- ASIC & ASSP
- Microcontroller
- Microprocessor
- Power Management Integrated Circuit (PMIC)
- Field Programmable Gate Array (FPGA)
- Digital Signal Processor (DSP)
- Memory
- Software
- Operating System
- Middleware
- Hardware
-
Functionality Outlook (Revenue, USD Billion; 2019-2032)
- Standalone Embedded Systems
- Real-Time Embedded Systems
- Networked Embedded Systems
- Mobile Embedded Systems
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Automotive
- Consumer Electronics
- Manufacturing
- Retail
- Media & Entertainment
- Aerospace and Defense
- Telecom
- Others
Embedded Systems Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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