The "Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global embedded system market is projected to grow from USD 86.5 Billion in 2020 to USD 116.2 Billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025.
Key factors fueling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications.
Among hardware, the FPGA segment of the market is projected to grow at the highest CAGR from 2020 to 2025.
The field-programmable gate arrays (FPGA) segment of the embedded system market is projected to grow at the highest CAGR from 2020 to 2025. The growth of this segment can be attributed to the simple design cycles of FGPA and their ability to reconfigure systems based on the requirements of applications. Moreover, FPGA support parallel computing, which makes them suitable for the rapid prototyping of various digital devices. Various advancements in the telecommunication industry, such as the advent of 5G technology, are expected to drive the growth of the market for FPGA-based embedded hardware globally.
The middleware segment of the embedded system market is projected to grow at a high CAGR during the forecast period.
Among software, the middleware segment of the market is projected to grow at a high CAGR from 2020 to 2025. Middleware is an alternative to the embedded operating systems (OS) and can either be incorporated in the OS or integrated with device drivers and OS. Middleware helps in reducing the complexity of applications by centralizing software architecture, usually present in application layers. Moreover, it offers connectivity, intercommunication feature, portability, security, and flexibility, which embedded OS fail to offer in distributed and heterogeneous architectures.
The medium-scale embedded systems segment accounted for the largest share of the market in 2019.
The medium-scale embedded systems segment accounted for the largest size of the embedded system market in 2019. Medium-scale embedded systems are used for packet processing in network switches and routers and data processing in ultrasonic sensors. These systems form a major part of network and communication applications owing to their excellent power handling capacities. The increasing requirement of fast processing of embedded systems and efficient power consumption are key factors leading to the growing demand for 16-bit and 32-bit microcontrollers. Based on the number of threads and memory requirements, embedded devices commonly use either 16-bit microcontroller or 32-bit microcontroller architectures or a combination of both.
Based on functionality, the real-time embedded systems segment of the market is projected to grow at a high CAGR from 2020 to 2025.
The real-time embedded systems segment of the embedded system market is projected to grow at a high CAGR from 2020 to 2025. Real-time embedded systems are dedicated to perform given functions within a specified time frame. Since there is an increasing focus on efficiency and power management in various applications, these embedded systems are increasingly being used in network systems, medical systems, process control systems, robot manufacturing systems, traffic control systems, multimedia systems, etc. Moreover, the rising demand for real-time data and its analysis, along with the requirement of advanced communication infrastructure for technologies such as 5G and artificial intelligence (AI), is expected to lead to demand for real-time embedded systems globally.
Market Dynamics
Drivers
- Increase In Number Of Research And Development Activities Related To Embedded Systems
- Surge In Demand For Adas In Ev And Hybrid Vehicles
- Increase In Demand For Portable Devices Equipped With Embedded Systems
- Rise In Demand For Multicore Processors In Military Applications
Restraints
- Vulnerability Of Embedded Systems To Cyber Threats And Security Breaches
- Short Product Lifecycle And High Production Costs Associated With Development Of Embedded Systems
Opportunities
- Advent Of 5G And Development Of 5G-Based Embedded Devices
- Rapid Adoption Of Embedded Systems In Smart Homes
- Increase In Demand For Iot-Based Embedded Systems
- Innovations In Advanced Packaging Systems Used For Semiconductor Products
Challenges
- Design Complexities Of Embedded Products Used In Different Applications
- High Energy Consumption Of Compact Embedded Systems
- Value Chain Analysis
Company Profiles
- Intel
- Renesas
- Stmicroelectronics
- Nxp Semiconductors
- Texas Instruments
- Microchip
- Cypress Semiconductor
- Qualcomm
- Analog Devices
- Infineon
- Fujitsu Limited
- Marvell
- Samsung Electronics
- On Semiconductor
- Broadcom
- Silicon Laboratories
- Advanced Micro Devices
- Maxim Integrated
- Nuvoton
- Toshiba
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200327005303/en/
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