For those who are unfamiliar, embedded computing system is considered as a streamlined combination of embedded hardware and software with elements such as interfaces, input/output devices, display, memory and others. It is functionally implemented to perform specific and dedicated functions in electronic devices. As favourable technological aspects, we have speed, accuracy, adaptability, and reliability, reusability, size, etc. within homes and offices, BFSI, security, automobile, defense, and healthcare, to name a few.
According to Research and Markets, the global embedded computing market is
expected to attain a market size of $244.6 billion by 2022.
The firm has also reveals that, in 2015, the North America region dominated the global embedded computing
market. Asia-Pacific is expected to register a highest CAGR of 10.20% during
the forecast period (2016-2022).
Emerging markets (in Asia, Europe, Middle East, Latina America) with growing buying power are
at the core of tremendous excitements and perspectives.
The Communication end user segment and energy segment expected to dominate
the embedded computing market worldwide experiencing a CAGR of 5.5% during 2016
- 2022.
Among key
vendors, we have: