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The global embedded system market is primarily driven by factors such
as increasing application of embedded systems in the automobile
industry, increasing demand for embedded systems with multi-core
technologies and embedded graphics. Moreover, increasing demand for
smarter and power efficient electronic devices has positively
impacted the growth global embedded systems market. Widespread
application of these systems in various application areas such as
automotive, space, aeronautics, rail, electronic payment solutions,
and mobile communication among others is set to bolster the growth of
the global market. In addition, automation in energy metering with
the advent of smart meters that enable two-way communication, is also
a major propeller for industry growth. Considering these positive
factors, the demand for embedded systems is set to rise during the
forecast period from 2015 – 2021.
Based on functionality, the global market can be segmented into four
segments, namely stand alone, real time, networked and mobile. Real
time embedded systems garnered the maximum revenue in 2014. The key
growth driver for real-time embedded systems is their deployment in a
diverse range of applications including automotive, consumer
electronics, industrial automation and household appliances among
others.
Embedded system market, by microcontrollers is classified as small
scale, medium scale and large scale embedded systems. Medium scale
segment was used extensively among all mentioned applications,
accounting for a substantial share of the overall market in 2014. The
microcontrollers used in medium scale embedded systems help to reduce
size, cost and power consumption of the systems and most of the
advanced embedded systems are based on medium scale.
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By types, the embedded system market has been classified as embedded
hardware and embedded software. Embedded hardware held a substantial
share of the global market in 2014. The key growth driver for
embedded hardware segment is the increasing demand for advanced
features and improved functionality of embedded systems.
The global embedded system market by applications is divided into
seven segments, namely: automotive, telecommunication, healthcare,
industrial, consumer electronics, aerospace and defense, and others
(including government, office automation, and retail). The automotive
segment was the largest contributor in the embedded system market in
2014 and is expected to retain its position throughout the forecast
period. The extensive usage of embedded systems in various
applications in automobiles ranging from wiper controls to complex
anti lock systems, infotainment systems, engine control unit, and
car-area-network (CAN) among others is fuelling the growth of this
application area.
Embedded system market has been bifurcated geographically into four
regions: North America, Europe, Asia Pacific and Rest of the World.
North America occupied the largest share of the market in 2014.
Increasing demand for superior quality embedded software is the main
factor which boosting the growth of this market in North America.
Additionally, large deployments of smart meters and smart grids have
also been positively impacting the market. Asia Pacific acquired the
second largest share of the market globally in terms of revenue in
2014. Countries such as China, Taiwan, and South Korea are adept at
embedded system production, and are also key markets for consumer
electronics and automotives.
Some of the major players in the market are: Atmel Corporation
(U.S.), Freescale Semiconductor, Inc. (U.S.), HCL Technologies, Ltd.
(India), Intel Corporation (U.S.), Infosys, Ltd. (India), Infineon
Technologies AG (Germany), Microsoft Corporation (U.S.), NXP
Semiconductors (Netherlands), Renesas Electronics Corporation
(Japan), and Texas Instruments, Inc. (U.S.) among others.
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