Despite a set of challenges related to the global economy meltdown and budget constraints, the market is experiencing a dramatic shift towards powerful and streamlined solutions.
Several hundred companies are fueling this market and most are fairly
small in revenue and highly specialized, focusing on specific application segments
with unique product requirements.
Specific application markets include: Communications, Industrial, Medical,
Military/Aerospace and transportation, security, surveillance,
point-of-sale/kiosk applications, etc.
Research and Markets revealed that, total revenue was nearly $7 billion in 2015; and
the MEC industry is projected to grow at 5.5 percent through 2020 to
approximately $9.1 billion.
The new 28- and 32-nm silicon
for microprocessors, graphics, DSPs and high integration I/O IV chip packs
provide a lot of processing power while greatly reducing power consumption.
These devices are changing the landscape of the embedded
board market, according to Research and Markets.