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Embedded System Market Analysis

  • Report ID: GMI117
  • Published Date: Jan 2023
  • Report Format: PDF

Embedded System Market Analysis

Embedded System Market Share, By Function 2022

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Embedded system market from mobile system segment is expected to reach over USD 35 billion by 2032. Smartphones, digital cameras, mp3 players, and personal digital assistants are some of the many mobile devices that rely on embedded systems. Mounting sales of smartphones worldwide would majorly duel the demand for compact and advanced embedded systems. According to the China Academy of Information and Communications (CAICT), in January 2022, China shipped around 32.7 million smartphones domestically, indicating a 29.6% increase year-on-year. Shortage of semiconductor chips and components due to high demand could however impact market growth to some extent.
 

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for embedded system was worth more than USD 140 billion in 2022 and is projected to witness over 6% CAGR from 2023-2032.

The manufacturing application segment is anticipated to hold over 10% share of the embedded system industry by 2032 driven by the growing use of automated solutions and robots.

Asia Pacific held a 25% share of the global embedded systems industry in 2022 driven by factors like rising per capita income, widespread industrialization, and urbanization.

Some of the leading players in the embedded system include Infineon Technologies, Analog Devices, Intel Corporation, NXP Semiconductors, On Semiconductor, Renesas, and Qualcomm.

Embedded System Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 31
  • Tables & Figures: 325
  • Countries covered: 16
  • Pages: 310
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