Global Merchant Embedded Computing Market Size By Type (ARM, PowerPC, X86), By Application (Defense And Aerospace, Communications), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Merchant Embedded Computing Market Size And Forecast
Merchant Embedded Computing Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.
An increase in the number of embedded system-related research and development activities, and an increase in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric and hybrid vehicles are key factors driving the growth of this market. One of the driver embedded systems is critical to the redesign of the automotive industry. These systems are employed in ADAS technology, which is found in electric and hybrid vehicles. The growing public awareness of the environment’s depletion has resulted in an increase in demand for electric and hybrid vehicles, propelling the Merchant Embedded Computing Market forward.
Global Merchant Embedded Computing Market Definition
An embedded system is a computer hardware system with a microprocessor that is designed to perform a specific function, either as an independent system or as part of a larger system. Embedded computing systems are critical to the operation of electronic devices and systems in a variety of industries. They are made up of computer hardware and software components that work together to perform a specific task within a larger mechanical or electrical system. General-purpose embedded systems are simple to manage. These devices require less maintenance because the materials used to make them are inexpensive and long-lasting.
Global Merchant Embedded Computing Market Overview
The security of embedded devices is one of the major factors impeding the growth of the Merchant Embedded Computing Market. Memory and other embedded devices contain data that could be critical to military forces, banks, data centers, and healthcare facilities. As a result, protecting such devices from cyber threats and security breaches is critical. As a result, the embedded systems’ vulnerability to cyber threats and security breaches is projected to limit the market growth.
The manufacturing of embedded devices based on 5G architecture is expected to grow in the future. Because of the integration of 5G in their architecture, embedded devices used in smart camera surveillance systems of vehicles provide fast response rates. Furthermore, because it enables fast image processing, 5G technology is expected to assist in addressing the challenges associated with industrial automation and smart farming. As a result, embedded devices that support 5G infrastructure are expected to drive the growth of the Merchant Embedded Computing Market and are expected to drive the market even further.
Global Merchant Embedded Computing Market Segmentation Analysis
The Global Merchant Embedded Computing Market is segmented based on Type, Application, and Geography.
Merchant Embedded Computing Market, By Type
• ARM• PowerPC• X86• Others
Based on Type, the market is segmented into ARM, PowerPC, X86, and others. ARM is a processor architecture that was created for mobile and embedded devices. Because of the presence of simple-to-use software and hardware accelerators, it provides low-cost, high-performance solutions to its users. ARM processors are used in a variety of applications such as smartphones, tablets, wearables (such as smartwatches), and so on and increasing the market growth of the Merchant Embedded Computing Market globally.
Merchant Embedded Computing Market, By Application
• Defense and Aerospace• Communications• Medical• Automotive and Transport• Automation and Control• Others
Based on the Application, the market is segmented into Defense and Aerospace, Communications, Medical, Automotive and Transport, Automations and Control, and others. Merchant Embedded Computing is used in a wide range of medical applications, including healthcare information systems, patient monitoring, laboratory equipment, and diagnostic imaging. It aids in the detection of diseases and disorders at an early stage. Furthermore, it aids doctors in making precise diagnoses and providing patients with accurate treatment, which is driving the market growth and increasing the Merchant Embedded Computing Market globally.
Merchant Embedded Computing Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Okay, so when we look at the Global Merchant Embedded Computing Market, we can break it down by where it's happening geographicallywe're talking North America, Europe, big things happening in Asia Pacific, and then, well, the Rest of the World. What's really interesting is that Asia Pacific is booming, largely because people have more money to spend and there's a ton of industrialization and urbanization going on. Plus, you can get electronics there pretty cheap, which means everyone wants more microprocessors and microcontrollers. And with all those autonomous robots and embedded vision systems popping up, particularly in industries, the need for embedded system hardware like those microprocessors and controllers is going through the roof, which, in turn, is really fueling the demand for the whole Merchant Embedded Computing Market.
Key Players
The “Global Merchant Embedded Computing Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Advantech, Kontron, Abaco, Artesyn Embedded, Curtiss Wright Controls, ADLINK, DFI, MSC Technologies, Congatec AG, and Portwell.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
• In Feb 2022, Advantech, a global leader in intelligent systems for a variety of vertical markets, announce the release of AIIS-3411. This revolutionary all-in-one machine vision IPC is powered by a 10th-generation processor.
• In Jan 2021, through its wholly-owned subsidiary Kontron Technologies GmbH, S&T AG acquired 100 percent of Linz-based HC Solutions GmbH. The S&T Group’s software engineering competencies and resources will be expanded
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