The latest report on Embedded Systems Market by Infinium Global Research gives complete coverage of the Embedded Systems Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Embedded Systems such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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The Embedded System has Numerous Applications across Various Fields Such as Digital Electronics, Telecommunications, Computing Network, Smart Cards, Satellite Systems
The Embedded system is integrated the programmable real-time operating system with the combination of both hardware and software. The embedded system is a single or multiprocessing system designed to perform specific operations. Microcontrollers or digital signal processors (DSP), field-programmable gate arrays (FPGA), application-specific integrated circuits (ASIC) and gate arrays are the important components in the embedded system. Ninety-eight percent of all microprocessors are manufactured as components of embedded systems. Embedded system offers various advantages including Small size with the faster operations, Easy to manage, low cost, fewer resource requirements, low power consumption, and many others.
The embedded system has numerous applications across various fields such as digital electronics, telecommunications, computing network, smart cards, satellite systems, military defense, research systems, and so on. Nowadays, various consumer devices depend on embedded communication and networking infrastructure. Embedded system is vastly used in the numerous consumer electronics applications including Personal computers, mobile tablets and smartphones, web-enabled TVs, and many others. The rapidly growing consumer electronics industry across the world drives the growth of embedded system market.
The rising adoption of embedded systems in the automotive industries is likely to escalate the growth of embedded system market worldwide. Nowadays, electronics systems are largely replacing the various mechanical systems in the automotive sector. The major electronics systems used in the automotive industry are embedded systems including Anti-lock Braking System, Satellite Radio, Navigation Systems, Drive by Wire and many other. In addition, rising consumer’s interest in wearable devices and smart Appliances are anticipated to boost the growth of embedded system market.
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Embedded Systems Play a Significant Role in Smart Homes
In addition, embedded systems play a significant role in smart homes. Various smart homes application uses the embedded system as they required real-time monitoring and control of home appliances. However, the Security related concern of an embedded system may hamper the growth of the embedded system market. Moreover, the rising adoption of embed systems in smart homes, smart cities, healthcare equipment, and military applications is projected to create several opportunities in the embedded system market in the upcoming years.
Regionally, North America holds the maximum share in the embedded system market followed by Asia Pacific region. The growing use of IoT in various industries in North America region drives the market of embedded system in this region. Furthermore, the presence of leading players in the embedded system market across the North America region including Intel Corporation and Texas Instruments contributes to the growth of the embedded system market. In addition, the trending smart home applications, developing industrial and healthcare infrastructure in the Asia Pacific region are likely to boost the growth of embedded system market in this region.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Embedded Systems.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.