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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 u2013 2027, to account to US$ 67.29 Bn by 2027.
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Embedded Computing Market to 2027 Publication Month: Aug 2019 | No. of Pages: 150
Embedded Computing Market Overview The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. Embedded computing market on a global scenario was valued at US$ 32.1 Bn in 2018 and is expected to grow at a CAGR of 8.7% during the forecast period 2019 – 2027, to reach US$ 67.3 Bn by 2027. The growing adoption of IoT application in diverse industries is one of the crucial factors influencing the embedded computing market. Additionally, the increased need for superior performance, secure connectivity, lower cost, power efficiency, and faster time to market are other significant factors bolstering market growth.
Embedded Computing Market Embedded systems are used in wide-ranging applications, which differs from low to high-cost consumer electronics to medical devices, industrial equipment to weapon control systems, entertainment devices and aerospace systems to academic equipment, among others. The automotive industry is expected to be a key 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. Read More at : https://www.theinsightpartners.com/reports/embedded-computing-market
Key Benefits • • This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities. • • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way. • • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided. • Get PDF Sample Copy @ Click Here
Embedded Computing Application The application of an embedded system in vehicles has witnessed a high growth in the past two decades owing to demand better features. Also, the emergence of autonomous cars is a key factor expected to influence the demand for embedded systems in the automotive sector. In February 2019, STMicroelectronics collaborated with Virscient to allow quicker delivery of connected-car systems with ST’s Telemaco3P automotive application processors. ST’s Telemaco3P integrates Dual-Arm Cortex-A7 processors with an independent Arm Cortex-M3 subsystem, an embedded hardware security module, as well as a set of connectivity interfaces. The embedded computing market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. The Asia Pacific is projected to be the fastest-growing region in the global embedded computing market. Also, the Asia Pacific, followed by North America, holds the highest market share in the embedded computing market in 2018.
Key Players In Industry • Advantech Co., Ltd. • ARM Holdings PLC • Fujitsu Limited • International Business Machines Corporation • Intel Corporation • Microchip Technology Incorporated • Qualcomm Incorporated • Renesas Electronics Corporation • STMicroelectronics N.V. • Texas Instruments Incorporated • Enquiry For Discount @ Click Here
Embedded Computing Market By Geography • North America, Europe, Asia-Pacific, LAMEA
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