Embedded Processor Market | Market Share, Outlook, Future Growth and Opportunities by 2025

(SUPER MARKET RESEARCH via Comtex)

According to the latest report by IMARC Group, titled Embedded Processor Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global embedded processor market size grew at a CAGR of around 6% during 2014-2019 expected to continue its moderate growth during the next five years.

An embedded processor refers to a type of microprocessor that is programmed into a system to simultaneously control its electrical and mechanical functions. It comprises various discrete chips that are embedded in one system while also consisting of dedicated computing cores, memory and programmable input/output peripherals. It is characterized by a simple design and compact size that has limited computational power and minimal power requirements. It is specially designed to cater to the requirements of an embedded system. These systems find extensive applications in numerous consumer electronics, household appliances and telecommunication systems.

Global Embedded Processor Market Trends:

The market is primarily driven by the increasing sales of consumer electronics across the globe. This can be attributed to the improving living standards of the masses, inflating disposable income levels and the rising penetration rate of high-speed internet connection. Since embedded processors form an indispensable component of these electronics, this is providing a thrust to the market growth. There has also been a significant increase in automation and rapid digitization across numerous industrial processes. Several industries are widely utilizing embedded processor-based systems to facilitate smooth operation and enhance the overall performance of industrial equipment, which is catalyzing the market growth. The market is further driven by their escalating demand from the automotive sector. Manufacturers are now replacing mechanical systems in automobiles with electronic systems due to the enhanced convenience offered by them. They are employing embedded systems for automating numerous functions of the vehicles, including wiper, airbags and anti-lock brake controls. These systems are additionally being employed in the healthcare sector for analyzing data obtained from X-rays, nodes, sensors, ultrasounds and computed tomography (CT) scans. Moreover, these processors are now being integrated with embedded graphics and multiple advanced technologies, including artificial intelligence (AI) and the Internet of Things (IoT).

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Embedded Processor Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corporation, Microchip Technology Inc, NXP Semiconductors N.V., ON Semiconductor Corporation, Renesas Electronics Corporation, STMicroelectronics N.V. and Texas Instruments Incorporated.

The report has segmented the market on the basis on region, type, number of bits and application.

Breakup by Type:

  • Microprocessor
  • Microcontroller
  • Digital Signal Processor
  • Embedded Field Programmable Gate Array (FPGA)
  • Others

Breakup by Number of Bits:

  • 16 Bit
  • 32 Bit
  • 64 Bit
  • Others

Breakup by Application:

  • Automotive/Transportation
  • Industrial Automation
  • Information and Communication Technology
  • Healthcare
  • Utilities
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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