Global Embedded Systems Market, By Hardware (Microcontrollers, Application-Specific Integrated Circuits (ASIC), Power Management Integrated Circuits (PMIC), Microprocessors, Field-Programmable Gate Arrays (FPGA), Digital Signal Processors (DSP), Memories), Software (Operating Systems, Middleware), System Size (Small-Scale Embedded Systems, Medium-Scale Embedded Systems, Large-Scale Embedded Systems), Functionality (Real-Time Embedded Systems, Standalone Embedded Systems), Application (Automotive, Communication, consumer electronics, Energy, Industrial, Healthcare, Aerospace and Defence), Type (AI-Based Embedded Systems, Non-AI Based Embedded Systems) - Industry Trends and Forecast to 2030.
Embedded Systems Market Analysis and Size
The global embedded systems market is segmented based on hardware, software, system size, functionality, application, and type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core influencing areas and the difference in your target markets.
Data Bridge Market Research analyzes that the global embedded systems market, which was USD 97.56 billion in 2022, would rocket up to USD 157.85 billion by 2030, and is expected to undergo a CAGR of 6.2% during the forecast period. The microcontrollers segment is expected to dominate the hardware segment of the market as microcontrollers are highly cost-effective compared to other hardware options. They integrate a microprocessor, memory, and input/output peripherals on a single chip, reducing the overall system cost. This makes microcontrollers an ideal choice for cost-sensitive applications.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Embedded Systems Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Hardware (Microcontrollers, Application-Specific Integrated Circuits (ASIC), Power Management Integrated Circuits (PMIC), Microprocessors, Field-Programmable Gate Arrays (FPGA), Digital Signal Processors (DSP), Memories), Software (Operating Systems, Middleware), System Size (Small-Scale Embedded Systems, Medium-Scale Embedded Systems, Large-Scale Embedded Systems), Functionality (Real-Time Embedded Systems, Standalone Embedded Systems), Application (Automotive, Communication, Consumer Electronics, Energy, Industrial, Healthcare, Aerospace and Defence), Type (AI-Based Embedded Systems, Non-AI Based Embedded Systems)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Intel Corporation (U.S.), Texas Instruments Incorporated (U.S.), NXP Semiconductors N.V. (Netherlands), Renesas Electronics Corporation (Japan), STMicroelectronics N.V. (Switzerland), Microchip Technology Inc. (U.S.), Infineon Technologies AG (Germany), Cypress Semiconductor Corporation (U.S.), Analog Devices, Inc. (U.S.), ARM Holdings (United Kingdom), Qualcomm Incorporated (U.S.), MediaTek Inc. (Taiwan), Atmel Corporation (U.S.), Marvell Technology Group Ltd. (Bermuda), and Silicon Laboratories Inc. (U.S.) among others
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Market Opportunities
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Market Definition
Embedded systems are specialized computer systems designed to perform specific tasks or functions within larger systems or products. These systems are typically integrated into various devices, equipment, or machinery to provide control, monitoring, or automation capabilities. The global embedded systems market refers to the industry segment that deals with the design, development, production, and deployment of embedded systems.
Global Embedded Systems Market Dynamics
Drivers
- Increasing demand for smart and interconnected devices
The rise of IoT and the need for interconnected devices is driving the demand for embedded systems in various industries, including consumer electronics, automotive, and healthcare.
- Technological advancements
Advancements in embedded system technologies, such as high-performance microprocessors, low-power designs, and miniaturization, are fueling the growth of the market.
Opportunity
- Internet of Things (IoT) adoption
The widespread adoption of IoT presents significant opportunities for embedded systems. The integration of embedded systems with IoT devices and platforms can enable new applications and services in areas such as smart homes, smart cities, and industrial IoT.
Restraint/Challenge
- Complexity in design and development
Developing embedded systems involves complex hardware and software design processes, requiring expertise in multiple domains. This complexity poses challenges in terms of time-to-market, product quality, and system reliability.
The global embedded systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on this market, contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In August 2019, STMicroelectronics and Tieto announced a partnership to develop advanced IoT solutions for industrial and automotive applications
- In February 2020, Renesas Electronics announced the acquisition of IDT to expand its product portfolio and strengthen its position in the embedded system market
Global Embedded Systems Market Scope
The global embedded systems market is segmented into six notable segments based on hardware, software, system size, functionality, application, and type. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Hardware
- Microcontrollers
- Application-Specific Integrated Circuits (ASIC)
- Power Management Integrated Circuits (PMIC)
- Microprocessors
- Field-Programmable Gate Arrays (FPGA)
- Digital Signal Processors (DSP)
- Memories
Software
- Operating Systems
- Middleware
System Size
- Small-Scale Embedded Systems
- Medium-Scale Embedded Systems
- Large-Scale Embedded Systems
Functionality
- Real-Time Embedded Systems
- Standalone Embedded Systems
Application
- Automotive
- Communication
- Consumer Electronics
- Energy
- Industrial
- Healthcare
- Aerospace and Defence
Type
- AI-Based Embedded Systems
- Non-AI Based Embedded Systems
Global Embedded Systems Market Regional Analysis/Insights
The global embedded systems market is analyzed and market size insights and trends are provided by country, hardware, software, system size, functionality, application, and type as referenced above.
The countries covered in this market report are the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa.
North America is expected to dominate the global embedded systems market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for connected and smart devices and various manufacturing companies in this region. In addition, the increase in the adoption of IoT technology will propel the market's growth rate in this region.
Asia-Pacific, on the other hand, is projected to exhibit the highest growth rate during the forecast period of 2023 to 2030 due to the growing number of applications in various industries, including transportation, energy, healthcare, and others in this region.
The country section of the report also provides individual market-impacting factors and domestic regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, Porter’s five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure Growth Installed Base and New Technology Penetration
The global embedded systems market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Global Embedded systems market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the market. The data is available for the historic period 2015-2020.
Competitive Landscape and Global Embedded Systems Market Share Analysis
The global embedded systems market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the global embedded systems market are:
- Intel Corporation (U.S.)
- Texas Instruments Incorporated (U.S.)
- NXP Semiconductors N.V. (Netherlands)
- Renesas Electronics Corporation (Japan)
- STMicroelectronics N.V. (Switzerland)
- Microchip Technology Inc. (U.S.)
- Infineon Technologies AG (Germany)
- Cypress Semiconductor Corporation (U.S.)
- Analog Devices, Inc. (U.S.)
- ARM Holdings (United Kingdom)
- Qualcomm Incorporated (U.S.)
- MediaTek Inc. (Taiwan)
- Atmel Corporation (U.S.)
- Marvell Technology Group Ltd. (Bermuda)
- Silicon Laboratories Inc. (U.S.)
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