Embedded Computing Market
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<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Research Report | <strong>Embedded</strong><br />
<strong>Computing</strong> <strong>Market</strong> – Forecast,<br />
Share and Size 2015 - 2022<br />
Opportunity Analysis and Industry Forecast, 2016-2023<br />
Global Opportunity Analysis and<br />
Industry Forecast,<br />
2015-2022
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Introduction<br />
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong> report, published by Allied <strong>Market</strong> Research, forecasts<br />
that the global market is expected to garner $236.5 billion by 2022, registering a CAGR<br />
of 6.2% during the forecast period 2016 to 2022.<br />
In the year 2015, North America was the highest revenue-generating region owing to<br />
the high adoption of technology, higher standards of living, and presence of dominant<br />
market players.<br />
Asia-Pacific was the second largest market, in terms of revenue generation, and is<br />
expected to obtain a dominant position during the forecast period.<br />
Major factors that boost the demand of embedded computing systems in Asia-Pacific<br />
region include increasing adoption of technology, declining prices of consumer<br />
electronics, and improving living in countries such India and China.
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Overview<br />
<strong>Embedded</strong> computing market is expected to garner $236.5 billion by 2022, registering<br />
a CAGR of 6.2% during the forecast period 2016 to 2022.<br />
The embedded computing system is a combination of hardware and software which<br />
are designed to perform a specific dedicated function in an electronic device or<br />
machine.<br />
The hardware and software are two distinguished parts of any embedded computing<br />
system that are activated by a set of commands called program to perform an<br />
operation as a lone system.<br />
Microcontrollers (MCUs) or microprocessors (MPUs) or other custom designed chips<br />
along with supporting software in ROM (Read Only Memory) are the basic<br />
components used to run an embedded computing system.
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong> by end users<br />
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<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Segment Overview<br />
<strong>Embedded</strong> computing market is segmented based on type into Hardware and<br />
Software.<br />
The software is further segmented as Microprocessors, Microcontrollers, Digital Signal<br />
Processors, and others (ASCI & FPGA).<br />
As per end user, embedded computing market is segmented as automotive, industrial,<br />
healthcare, energy, communication, consumer electronics and others (banking,<br />
transport, government, robotics, defense).<br />
As per geography, the market is studied across major regions including North America,<br />
Europe, Asia-Pacific, and LAMEA.
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Key Trends<br />
Healthcare organizations collaborate diverse systems to monitor and improve patient<br />
care.<br />
These organizations are focused toward utilizing enhanced networking solutions that<br />
help in reducing reconfiguration time for medical systems.<br />
For example, CustMed is a network-enabled platform that reduces the reconfiguration<br />
and customization time for medical systems.<br />
The embedded computing system is used for data reading with the help of devices<br />
such as sensors and nodes, ultrasounds, ECG, fitness equipment, X-ray & computed<br />
tomography (CT) scan, magnetic resonance imaging (MRI), remote patient monitoring,<br />
and other devices.
Top Factors Impacting<br />
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong>
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Top Factors Impacting<br />
Increasing use of embedded computing system in consumer electronics:<br />
<strong>Embedded</strong> computing is an integral part of consumer electronics. Variety of electronic<br />
devices such as mobile phones, laptops, personal computers, gaming consoles, and<br />
others depend on embedded computing technology.<br />
Usage of embedded computing in Artificial Intelligence (AI):<br />
The adoption of artificial intelligence is growing at a significant rate in end-user<br />
verticals due to the increasing demand for solving complex problems.<br />
Emerging economies:<br />
Changing dynamics in the developing countries has provided immense opportunities<br />
for the key players operating in the embedded computing market.
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Key Findings<br />
Major driving forces for the growth of embedded computing market are increasing<br />
penetration of consumer electronics, rising uptake of artificial intelligence, growing<br />
automation of processes, and rising technological advancements.<br />
Microprocessors dominated the embedded computing market in 2015; however, the<br />
microcontrollers segment is expected to grow at a fastest CAGR during the forecast<br />
period.<br />
North America dominated the market in 2015, and LAMEA is expected to register the<br />
fastest growth over the forecast period.
<strong>Embedded</strong> <strong>Computing</strong> <strong>Market</strong><br />
Contact Allied <strong>Market</strong> Research<br />
About Allied <strong>Market</strong> Research:<br />
Allied <strong>Market</strong> Research (AMR) is a full-service market research and business-consulting<br />
wing of Allied Analytics LLP based in Portland, Oregon. Allied <strong>Market</strong> Research<br />
provides global enterprises as well as medium and small businesses with unmatched<br />
quality of "<strong>Market</strong> Research Reports" and "Business Intelligence Solutions". AMR has a<br />
targeted view to provide business insights and consulting to assist its clients to make<br />
strategic business decisions and achieve sustainable growth in their respective market<br />
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