#embedded technology size

Embedded Technology Market Size

The global embedded systems market has been segmented based on type, microcontroller performance, functionality, application, and region.

Based on type, the market has been segmented into hardware and software. Among these, the hardware segment accounted for the larger market share due to increasing utilization of mobile phones, laptops and other electronic devices which are being used by consumers and industries for reducing manual work. These systems contain microcontrollers which act as a brain for the system that controls device functionality by processing the data with the help of software integrated within the hardware. The software segment is expected to be the fastest-growing segment due to various advancements in the undelaying technologies and increasing investments by the companies to facilitate the same.

Based on microcontroller performance, the market has been segmented as small-scale, medium-scale and large-scale embedded systems. The small-scale embedded systems are expected to be the fastest-growing segment during the forecast period, due to its application in various consumer electronics including washing machines, ovens, automatic door locks, keyboard controllers and others. The small-scale are the systems consist of the 8-16 bit microcontroller which performs the task at a small scale.

Based on functionality, the market has been segmented as a stand-alone embedded system, real-time embedded systems, mobile embedded systems, and networked embedded systems. The real-time embedded systems led the largest market share in 2018 due to their ability to respond during critical situations. These systems play a crucial role in the medical, military, and other industries. The real-time embedded systems are used in patient monitoring systems, robots, traffic control systems, computer games, and others

The reliable regional insights offered on the global embedded system market by MRFR aid investors identify potential revenue pockets across the globe. Embedded system market is likely to be at the forefront in the global market. Continuous upgradations of technologies and hefty investment made by regional players are expected to prompt the expansion of embedded market in North America. In Europe, the presence of reputed embedded system developers are expected to cause significant rise in the regional market valuation. The upscaling demand for effective management solutions by the IT sector can also prompt Europe embedded system market growth. In APAC, rapid urbanization and industrial revolutions are primary cause for the expansion of the embedded system market. The surge in smart appliances ownership and the expansion of consumer electronics industry can spur APAC embedded system market.

MRFR’s skilled analysts studied certain reputed players of the embedded system market. They are; Intel Corporation (US), Atmel Corporation (US), Infineon Technologies AG (Germany), Texas Instruments (US), Microsoft Corporation (US), NXP Semiconductors N.V. (Netherlands), Renesas Electronics Corporation (Japan), Samsung Electronics Corporation (South Korea), Kontron AG (Germany), Analog Devices Inc.(US), ARM Limited (UK), Advantech Co., Ltd. (Taiwan), Microchip Technology Inc. (US), Fujitsu Limited (Japan), STMicroelectronics (Switzerland), and Xilinx, Inc. (US). These companies were identified by their origin and mainstream products. Key players are coming up with more effective innovations. High investment in R&D and affordable product portfolio are providing thrust to the expansion of the worldwide market of global embedded system market. Other effective plans adopted by embedded system marketers are mergers and acquisitions, collaborations, and other type of deals are also likely to cushion the growth of the global embedded system market.

Key Players

The prominent players in the software embedded systems market Atmel Corporation (US), Intel Corporation (US), Texas Instruments (US), Infineon Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), Microsoft Corporation (US), Samsung Electronics Corporation (South Korea), Renesas Electronics Corporation (Japan), Analog Devices Inc.(US), Kontron AG (Germany), Advantech Co., Ltd. (Taiwan), ARM Limited (UK), Fujitsu Limited (Japan), Microchip Technology Inc. (US), Xilinx, Inc. (US), STMicroelectronics (Switzerland), among others.

More Information@

Embedded Technology Market Report- Global Forecast 2027 | MRFR

Embedded Technology Market categorizes by Platforms, Hardware, Software, Application, The main…

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