Global Merchant Embedded Computing Market Size By Type (ARM, PowerPC, X86), By Application (Defense And Aerospace, Communications), By Geographic Scope And Forecast
Published on: 2024-08-10 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Merchant Embedded Computing Market Size By Type (ARM, PowerPC, X86), By Application (Defense And Aerospace, Communications), By Geographic Scope And Forecast
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
Based on Geography, the Global Merchant Embedded Computing Market is organized into North America, Europe, Asia Pacific, and the Rest of the world. Rising per capita income and ongoing large-scale industrialization and urbanization are propelling the Asia Pacific embedded system market forward. In addition, the availability of low-cost electronic products in APAC is expected to increase regional demand for microprocessors and microcontrollers. The increased use of autonomous robots and embedded vision systems in APAC is expected to drive up demand for embedded system hardware such as microprocessors and controllers for industrial applications, thereby it will increase the demand for the 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
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
KEY COMPANIES PROFILED | Advantech, Kontron, Abaco, Artesyn Embedded, Curtiss Wright Controls, ADLINK, DFI, MSC Technologies, Congatec AG, and Portwell. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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