Significant Demand for Embedded System Market in the Coming Years


Posted July 13, 2020 by ctom7000

What are the upcoming trends in the embedded systems market?
 
The embedded system market is projected to grow from USD 86.5 billion in 2020 to USD 116.2 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025.

Key factors fuelling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electro mobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearable’s, and rise in the use of multicore processors in military applications.

Download Free PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=98154672

The microcontrollers segment accounted for the largest share of the embedded system market in 2019

In 2019, the microcontrollers segment accounted for the largest share of the embedded system hardware market. The growth of this segment can be attributed to the increased use of microcontrollers in implantable medical devices, automobile engine control systems, microwave ovens, washers and dryers, security systems, office machines, remote controls, power tools, appliances, and toys. The demand for microcontrollers is continuously increasing owing to automation in different industries, adoption of IoT in a number of verticals, rise in the global demand for secured applications, and increase in demand for low energy consumption devices.

The middleware segment accounted for a large share of the embedded system market in 2019

Among software, the middleware segment accounted for a large share of the embedded system market in 2019. Middleware are of two types, namely, general-purpose and market-specific. General-purpose middleware can be used in networking protocols below the application layer and above the device driver layer of open system interconnection (OSI) models or even virtual machines (VM) such as Java virtual machine (JVM). The growing requirement of application-specific embedded systems that have low power consumption and offer high interoperability is likely to fuel the growth of the market for middleware used in embedded systems.

The real-time embedded systems segment accounted for a large share of the embedded system market in 2019

The real-time embedded systems segment accounted for a large share of the embedded system market in 2019. Real-time embedded systems are used in applications that require a high responsiveness rate. Network embedded systems are kind of real-time embedded systems that use LAN, WAN, or the Internet to access the resources and perform given tasks. They can have either wired or wireless connections. The growing incorporation of IoT in various devices, smart environments, and platforms is one of the factors driving the demand for real-time embedded systems. Moreover, ongoing advancements in sensors and actuators used for industrial automation, energy distribution, transportation, telecommunication networks, and healthcare applications are also driving the demand for real-time embedded systems globally.

The medium-scale embedded systems segment accounted for the largest share of the embedded system market in 2019

The medium-scale embedded systems segment accounted for the largest share of the embedded system market in 2019. Medium-scale embedded systems are used for packet processing in network switches and routers and data processing in ultrasonic sensors. These systems form a major part of network and communication applications owing to their excellent power handling capacities. The increasing requirement of fast processing of embedded systems and efficient power consumption are key factors leading to the growing demand for 16-bit and 32-bit microcontrollers. Based on the number of threads and memory requirements, embedded devices commonly use either 16-bit microcontroller or 32-bit microcontroller architectures or a combination of both. These factors are leading to an increased global demand for medium-scale embedded systems.

Among industries, the communication segment accounted for the largest share of the embedded system market in 2019

The communication segment accounted for the largest share of the embedded system market in 2019. Embedded systems are used in routers, Ethernet devices, wireless infrastructures, and protocol converters for high-speed data transfer to support the expanding communication infrastructures. Embedded hardware such as FPGA and ASIC are being used in various network and telecom applications. Telecom providers often integrate hard IP for interfaces such as peripheral component interconnect (PCI) Express, 100G Ethernet, and DDR3/4 for high-speed data transfer using embedded hardware such as FPGA. Moreover, technologies such as eASIC, which are cost-effective and meet power targets, are increasingly used in radio access network (RAN) equipment.

APAC accounted for the largest share of the embedded system market in 2019

APAC accounted for the largest share of the embedded system market in 2019. The growing per capita income and ongoing large-scale industrialization and urbanization are factors driving the growth of the embedded systems market in this region. In addition, the availability of low-cost electronic products in APAC is expected to contribute to an increased demand for microprocessors and microcontrollers in the region. The rising use of autonomous robots and embedded vision systems is also projected to lead to an increased demand for embedded system hardware such as microprocessors and controllers for use in industrial applications in APAC.

Request Free Sample Pages:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=98154672

Key Market Players

Intel (US), STMicroelectronics (Switzerland), Renesas (Japan), Microchip (US), NXP Semiconductors (Netherlands), Texas Instruments (US), Qualcomm (US), Cypress Semiconductors (US), Infineon Technologies (Germany), and Analog Devices (US).
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Tom
Country United States
Categories Semiconductors , Technology
Tags embedded system market
Last Updated July 13, 2020