The global market is expected to grow at a CAGR of 7.2% during the forecast period.

PRESS RELEASE

Published June 2, 2023

The Embedded Computing market size accounted for $41.5 billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033, according to the study initiated by Evolve Business Intelligence. The Embedded Computing market refers to the industry that focuses on the development, production, and implementation of embedded systems. Embedded systems are computer systems designed to perform specific tasks within larger systems or devices. They are usually integrated into a larger product or device and are dedicated to a specific function or set of functions.

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Main highlights:

  • The market size of Embedded Computing was valued at $41.5 billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033.
  • North America dominated the market in 2022
  • Asia Pacific Projected to Grow Fastest at Highest CAGR from 2023 to 2033

Evolve Business Intelligence recently released a new market research report on the Embedded Computing market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, competitors’ market share analysis, market value and volume, SWOT analysis, benchmarking of the product, recent developments of key players and potential opportunities. Furthermore, the market has been assessed on the basis of four indicators in the market dynamics chapter, including drivers, restraints, key trends, and challenges.

In terms of COVID 19 Impact, the Embedded Computing Market Report also includes the following data points:

  • Impact of COVID19 on Embedded Computing Market Size
  • End user/industry/application trends and preferences
  • Government policies/regulatory framework
  • Key player strategy for addressing negative impact/post-COVID strategies
  • Opportunities in the Embedded Computing market

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Key players

Some of the major Embedded Computing players that hold high market shares include Arm Holdings Plc., Fujitsu Limited., Intel Corporation, and IBM Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with the market leaders.

The key players profiled in the report are:

  • Arm Holdings Plc.
  • Fujitsu Limited
  • Intel company
  • IBM company
  • Microchip Technology, Inc.
  • Microsoft Corporation
  • Qualcomm Incorporated
  • Renesas Electronics Corporation
  • STMicroelectronics
  • Texas Instruments Incorporated

Segmental analysis

Market Segment by Application, with a focus on market share, consumption trends, and the growth rate of the Embedded Computing market:

  • Communications
  • Industrial
  • Consumer electronics
  • Automotive sector
  • Health care

Market Segment By End User with focus on market share, consumption trend and Embedded Computing market growth rate:

  • Communications
  • Industrial
  • Consumer electronics
  • Automotive sector
  • Health care
Parameters Details
Market size (2022) $41.5 billion
CAGR (from 2023 to 2033) 7.2%
Market segmentation Application, end user
Country covered United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East and Africa, and South America

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Geographic coverage of integrated processing:

  • North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic countries
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Egypt
    • South Africa
    • Rest of the MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Reasons to buy this report:

  • Detailed analysis of the impact of market drivers, restraints and opportunities
  • Competitive intelligence provides an understanding of the ecosystem
  • Detailed analysis of the Total Addressable Market (TAM) of your products
  • Investment pockets and new business opportunities
  • Analysis of the gap between supply and demand
  • Strategic planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting firm that provides innovative solutions to a company’s pain points. Our market research reports include useful data for micro, small, medium and large enterprises. We provide solutions ranging from mere data collection to business consultancy.

Evolve Business Intelligence is built on the foundation of technological advancement that provides highly accurate data through our data analysis and forecasting tool modeled by the artificial intelligence EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments from Fortunes Global 2000 companies.

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This press release has been prepared with the intention of providing accurate market information that will enable our readers to make informed strategic investment decisions. If you encounter any problems with this content, please do not hesitate to contact us on [email protected]

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