Embedded System Market Scope And Analysis

  • Report Code : TIPTE100000905
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 227
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Embedded Systems Market Analysis, Trends, and Scope 2023 to 2030

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Embedded Systems Market Report Scope

Report Attribute Details
Market size in 2022 US$ 104.31 Billion
Market Size by 2030 US$ 159.44 Billion
Global CAGR (2022 - 2030) 5.4%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Component
  • Hardware
  • Software
By Functionality
  • Real-Time Embedded Systems
  • Standalone Embedded Systems
  • Networked Embedded Systems
  • Mobile Embedded Systems
By Application
  • Automotive
  • Telecommunication
  • Healthcare
  • Industrial
  • Consumer Electronics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Infineon Technologies AG
  • Intel Corp
  • NXP Semiconductors NV
  • Qualcomm Inc
  • Renesas Electronics Corp
  • STMicroelectronics NV
  • Texas Instruments Inc
  • Microchip Technology Inc
  • Advantech Co Ltd
  • Recent Developments: 

    Inorganic and organic strategies are highly adopted by the embedded systems market players. A few recent key market developments are listed below: 

    • In July 2023, Microchip Technology Inc. launched a new research and development (R&D) facility in Hyderabad and announced a US$ 300 million investment over the next five years to grow its activities in India.
    • In May 2023, Renesas unveiled three new MCU groups designed for applications involving motor control. Devices from the RX and RA families are among the more than 35 new products that Renesas launched. With several MCU and MPU families, analog and power solutions, sensors, communications equipment, signal conditioners, and other devices, the new MCUs expanded the leading motor control range in the market.
    • In September 2022, Marvell introduced its LiquidSecurity 2 (LS2) hardware security module (HSM) adapter, which is intended for general use and payment processing. LS2 is based on the company's technologies and is used in top-tier hyperscale clouds. The new Marvell HSM adapter provides high-performance cryptographic acceleration and processing, as well as hardware-secured storage of up to one million AES, RSA, and ECC encryption keys and 45 partitions for multi-tenant use cases.
    • In September 2022, Intel launched the 12th Generation Intel Core processor family, which includes the all-new 12th Generation Intel Core H-series mobile CPUs, led by the Intel Core i9-12900HK, the fastest mobile processor ever developed. The 12th Generation Intel Core family would feature 60 processors and over 500 designs.