November 15, 2019 by Market-NewsFlash
Global Embedded Technology Market Information, by Platforms (Mobile, Web, Cloud, On-Premise), by Hardware (Processor IP, MCU/MPU, ASIC, FPGA), by Software (Operating Systems, Testing software), by Application (Automotive, Consumer Electronics, Aerospace) — Forecast 2016–2027
The global embedded technology market is likely to register a striking CAGR during the forecast period (2017–2027) owing to the augmenting demand from the automotive industry, asserts Market Research Future (MRFR). Embedded technology is referred to as a computer system which involves a set of specific software and hardware in order to perform a certain set of tasks. Embedded technology is an application specific system which serves in several industries. Embedded system generally works as a processing core of a large system to perform a specific task. It includes a microprocessor or a microcontroller. Such systems can be customized and designed based on the needs.
Global Embedded Technology Market — Segments
The MRFR analysis is segmented into five key dynamics:-
By Platforms : Mobile, Web, On-Cloud and On-Premise.
By Hardware : Processor IP, Microcontrollers & Microprocessors (MCU/MPU), Digital signal processors, Application-specific integrated circuit (ASIC), and Field processing gate arrays (FPGA) among others.
By Software : Operating Systems, Testing software, Open Source Software, and Software Development among others.
By Applications : Automotive, Consumer Electronics, Aerospace & Defence, Telecommunication, and Healthcare among others.
By Regions : North America, Europe, APAC and the Rest-of-the-World.
Global Embedded Technology Market — Regional Analysis
The Asia Pacific region is dominating the global embedded technology market due to the growing consumer electronics market. Burgeoning sectors such as automotive, and telecommunication, especially in China and India are the key driving forces accounting for the market growth in the region. Also, players located in China and Japan are investing heavily in the development of efficient technologies which in turn, substantiates the market growth in the APAC.
Global Embedded Technology Market — Competitive Landscape
Characterized by the presence of numerous large and small players, the global market of embedded technology appears to be highly competitive. Well-established players incorporate collaboration, acquisition, partnership, technology launch, and expansion in order to gain a competitive advantage over the other market players. These players strive to provide a combined open source and industry-leading solutions irrespective of the deployment of the technology on- cloud, and on-premises.
Some of the eminent players leading the global embedded technology market are Renesas Electronics Corporation (Japan), Texas Instruments (US), STMicroelectronics (Switzerland), Microsoft Corporation (US), Samsung (South Korea), Infineon Technologies AG (Germany), NXP Semiconductors (Netherlands), Renesas Electronics Corporation (Japan), Atmel Corporation (US), and Infosys Ltd. (India).
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