Research Report | Embedded Computing Market – Forecast, Share and Size 2015 - 2022

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