EMBEDDED COMPUTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The global embedded computing market has been witnessing steady growth over the past few years driven by the increasing demand for efficient and powerful computing systems across various industry verticals. Embedded computers are specialized systems designed to perform dedicated functions and are incorporated into larger mechanical and electronic systems or products. They primarily consist of microprocessors or microcontrollers along with other components required for specific applications. The widespread proliferation of IoT devices has significantly boosted the adoption of embedded systems for functions like data processing, control, and monitoring. Moreover, the rising need for miniaturization and power-efficient systems is augmenting the deployment of embedded computing in areas such as automotive, industrial automation, healthcare, and consumer electronics. With the ongoing technological advancements, the market is projected to grow substantially in the coming years.

Market Dynamics:

The global embedded computing market is primarily driven by the rising demand for enhanced processing power and connectivity across industries. The increasing penetration of IoT-based devices and systems is broadening the scope of applications for embedded systems. Furthermore, the growing emphasis on development of autonomous and connected vehicles is propelling the deployment of advanced onboard embedded computing modules. However, high initial development costs associated with embedded systems design and deployment may hinder the market growth to some extent. On the other hand, emerging opportunities in areas such as AI, machine learning, and edge computing are likely to create new avenues for embedded computing in the forthcoming years. Ongoing innovations to strengthen processor capabilities along with reduction in chipsets sizes and power consumption will further augment the market expansion.

Key Features of the Study:

- This report provides in-depth analysis of the global embedded computing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global embedded computing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Advanced Micro Devices (AMD), Inc., Advantech Co., Ltd., Avalue Technology Inc., Curtiss-Wright Corporation, Dell Technologies Inc., Emerson Electric Co., Fujitsu Limited, General Electric Company, Hewlett Packard Enterprise Company, Honeywell International Inc., Intel Corporation, Kontron S&T AG, Mitsubishi Electric Corporation, Rockwell Automation, Inc., and Texas Instruments Incorporated

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The global embedded computing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global embedded computing market

Detailed Segmentation:

• By Component
• • Hardware
  • Software
  • Services
• By Processor Type
• • 8-Bit
  • 16-Bit
  • 32-Bit
  • 64-Bit
• By Application
• • Industrial Automation
  • Automotive
  • Healthcare
  • Aerospace & Defense
  • Consumer Electronics
  • Others
• By Region
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Key Players Insights
• • Advanced Micro Devices (AMD), Inc.
  • Advantech Co., Ltd.
  • Avalue Technology Inc.
  • Curtiss-Wright Corporation
  • Dell Technologies Inc.
  • Emerson Electric Co.
  • Fujitsu Limited
  • General Electric Company
  • Hewlett Packard Enterprise Company
  • Honeywell International Inc.
  • Intel Corporation
  • Kontron S&T AG
  • Mitsubishi Electric Corporation
  • Rockwell Automation, Inc.
  • Texas Instruments Incorporated