- Opportunity and Forecast, 2016-2025
Embedded system is a blend of hardware and software that performs specific functions within a larger system which, also consists of embedded modules that are used as wireless devices to establish connection providing uninterrupted communication. It is usually used in consumer, industrial, cooking, commercial, medical, automotive, and military applications, along with telecommunication systems such as telephone switches, routers, and network bridges. These systems provide flexibility, efficiency, and accuracy in various computerized applications with features included alike sensing and controlling.
The global embedded system market is driven by technological advancements, rise in installation of smart grid systems, and upsurge in demand from end - use industries. Security concerns regarding data theft is a constraint to the growth of the industry. Moreover, reduction in cost of hardware and increase in demand by healthcare and medical sector are anticipated to create new opportunities in the industry.
The global embedded system market is segmented based on product, application, and geography. On the basis of product, the market is bifurcated into software and hardware. Further, the application segment is classified into automotive, consumer electronics, industrial, healthcare, telecommunication, and military & aerospace. On the basis of geography, the market is classified into North America, Asia-Pacific, Europe, and LAMEA.
Key manufacturers operating in the market are Infineon Technologies, Samsung, Freescale Semiconductor, Atmel Corporation, Texas Instruments, STMicroelectronics, and Microchip. These market players have adopted strategies to govern the industry by the implementation of new product launches, joint ventures, collaborations, expansion, mergers & acquisitions, and partnerships.
Please Select Format
Need More Information
Why Progressive Markets
The market research services provided by Progressive Market Research (PMR) are restricted to publications, which may also include insignificant market data. The services are for the internal use of customers only and they do not have any rights to utilize this data for general publications or/and disclosure to third parties. As data is gathered through research activities such as online surveys and interviews of industry experts, it may have variations and fluctuation due to constantly changing market conditions. Thus, Progressive Market Research holds no responsibility of misleading or false information gathered from these sources.
Progressive Market Research understands and resp
Recently Viewed Reports
Baby drinks includes infant formulas and vegetables & fruit juices suitable for consumption by children up to three years of age. Infant formulas consist of vitamins & minerals, carbohydrates, proteins, ... Read More >>