According to the latest report by IMARC Group, titled “Embedded Computer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” Offers a comprehensive analysis of the industry, which comprises insights on embedded computer market share.

The global embedded computer market reached a value of US$ 39.4 Billion in 2021. An embedded computer is a microprocessor-based device that is controlled by a real-time operating system (RTOS) and is placed within a larger machine or equipment. It consists of both hardware and software tools that are designed to perform highly specific functions. The computer receives electronic data through sensors, which is computed by the microprocessor, passing the information further to the mechanical components that perform the necessary function. For instance, in an anti-lock braking system (ABS), the speed sensor alerts the embedded computer to regulate the speed of deceleration and prevent skidding of the vehicles. Embedded computers are also commonly used in digital phones, automobiles, utilities, industrial automation, and medical equipment.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Embedded Computer Market Trends:

Increasing digitization, along with automation across industries, is one of the key factors creating a positive outlook for the market. Embedded computers aid in improving the performance of industrial equipment, securing connectivity and minimizing the overall costs. In the healthcare sector, embedded computing systems are used for reading different formats of data obtained from sensors, nodes, ultrasounds, X-rays, and computed tomography (CT) scans. They enable accurate analysis of the information and facilitate remote monitoring of the patient. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and artificial intelligence (AI), are acting as another growth-inducing factors. IoT devices require embedded computers that use ultra-low-power (ULP) processors to transmit data over a network, solve complex problems and improve machine-to-machine (M2M) communications. Other factors, including the increasing utilization of consumer electronics and significant improvements in the wireless communications infrastructure, are anticipated to drive the market further. Looking forward, IMARC Group expects the market to reach US$ 63.4 Billion by 2027, exhibiting a CAGR of 8.38% during 2022-2027. 

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Global Embedded Computer Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Advantech Co. Ltd., Arm Limited, Fujitsu Limited (Furukawa Group), Intel Corporation, International Business Corporation, Microchip Technology Inc., Microsoft Corporation, Qualcomm Inc., Renesas Electronics Corporation and Texas Instruments Incorporated.

The report has segmented the market on the basis region, component type and end use industry.

Breakup by Component Type:

Software

Hardware

Microprocessors

Microcontrollers

Digital Signal Processors

Others

Hardware component currently dominates the market.

Breakup by End Use Industry:

Automotive/Transportation

Industrial Automation

Information and Communication Technology

Healthcare

Utilities

Others

Embedded computers are widely utilized in information and communication technologyas they help transmit data between the processor and peripheral devices.

Breakup by Region:

North America

Asia Pacific

Europe

Latin America

Middle East and Africa

North America holds the majority of the global embedded computer market share due to continuous technological advancements in the region.

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Key highlights of the report:

Market Performance (2016-2021)

Market Outlook (2022- 2027)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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