Press release
Embedded System Market 2022, Development, Market Trends, Key Driven Factors, Segmentation and Forecast to 2029
The Global Embedded System Market is forecast to reach above USD 103.02 billion by 2029 by rising at a compound annual growth rate (CAGR) of 5% throughout the forecast period from 2022 To 2029Embedded System Market Overview
A rise in the number of research and development initiatives focused on embedded systems, a rise in the demand for advanced driver assistance systems (ADAS) and electromobility solutions for electric and hybrid vehicles, a rise in the demand for portable devices like wearables, and a rise in the use of multicore processors in military applications are some of the major drivers of this market's expansion.
The global Embedded System market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In December 2019, NXP Semiconductors acquired Wi-Fi and Bluetooth connectivity businesses of Marvell for USD 1.8 billion. The all-cash buyout deal was made to provide complete, scalable processing, as well as improved connectivity solutions to its customers in different end markets.
In November 2019, Renesas introduced its new 32-bit RA series Arm Cortex M microcontrollers, thereby extending the 32-bit MCU range, which includes the RX series and Renesas Synergy Platform. The RA MCU have been designed to improve the performance, HMI, security, and connectivity of IoT devices used in metering, healthcare, and home-related applications.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Embedded System market manufacturers. The revenue created from the sales of Embedded System Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Intel, Renesas, STMicroelectronics, NXP Semiconductors, Texas Instruments, Microchip, Cypress Semiconductor, Qualcomm, Analog Devices, Infineon and Others.
The Embedded System Market has been segmented as below:
Global Embedded System Market by Hardware, 2020-2029, (USD Million)
Application-Specific Integrated Circuits (ASIC)
Microcontrollers
Microprocessors
Power Management Integrated Circuits (PMIC)
Field Programmable Gate Arrays (FPGA)
Digital Signal Processors (DSP)
Memories
Global Embedded System Market by Software Industry, 2020-2029, (USD Million)
Operating Systems
Middleware
By Functionality
Real-Time Embedded Systems
Standalone Embedded Systems
Global Embedded System Market by Application Industry, 2020-2029, (USD Million)
Automotive
Consumer Electronics
Industrial
Aerospace And Defense
Energy
Healthcare
Communication
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Embedded System Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Embedded System market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Embedded System Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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