Embedded computing system is a combination of embedded hardware and software, designed to perform a specific dedicated function in an electronic device or a machine. It can work as an independent system or a part of a larger system. The hardware and software are two distinguished parts of any embedded computing system, which are activated by a set of commands called program to perform an operation as lone system. “Embedded” denotes the fact that hardware and software are inseparable parts of the system.
For embedded computing, microcontrollers (MCUs) or microprocessors (MPUs) or custom designed chips are used to run the system along with supporting software in ROM (Read Only Memory). They have strong characteristics of high speed, low power consumption, accuracy, adaptability, reliability, reusability, size and others. Elements in any embedded computing system include interfaces, input/output devices, display, memory and others. In general, it encompasses storage, timers, power supply, system application circuits & serial communication port.
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Embedded computing systems are used to control, monitor or perform a specific function of an electronic equipment by fixed set of program, plan or rules. They perform functions such as reading the sensor inputs, processing that data, display required output, generating & transmitting commands and transforming the data into information. Embedded computing systems are vastly used in a variety of applications across sectors such as home and office, BFSI, security, automobile, defense, healthcare and other sectors.
The market for embedded computing is driven by the growing adoption of technologically advanced consumer electronics and the increasing uptake of artificial intelligence across various industries. Other factors impacting the global embedded computing market include growing digitization in healthcare, industrial automation and increasing demand in sectors such as automobile, and defense among others. Further, the demand for embedded computing is increasing worldwide on account of potential growth in emerging economies as well as evolution in Internet of Things (IoT). However, the hardware of an embedded system has limitations of its own including limited life-span, memory capacity and others.
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The market for embedded computing is segmented on the basis of its types, end users and geography. The types include hardware and software segment. The hardware segment further includes microprocessor, microcontroller, digital signal processor, and others (ASIC, & FPGA) sub-segment. The end users for embedded computing market include automotive, industrial, healthcare, energy, communications, consumer electronics and others (BFSI, defense and transportation).
This report provides an in-depth knowledge of the world embedded computing market to elucidate opportunities in the market.
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According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).KEY PLAYERS
Microchip Technology Inc.
Renesas Electronics Corporation
ARM Holdings plc.
International Business Machines Corporation
Texas Instruments Incorporated
EMBEDDED COMPUTING MARKET SEGMENTATION:
Digital Signal Processor
Others (ASIC & FPGA)
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Others (Banking, Transport, Government, Robotics, Defense)
Rest of Europe
Rest of Asia-Pacific
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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
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This market report shows the projected market size for the Multi-Cloud Management Market at the end of the forecast period. The report also examines the historical and current market sizes.
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