Embedded System Global Market Information:
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.
With the Internet of Things (IoT) evolving continuously and smart
devices becoming a commercial success, the conditions are presently
highly favorable for the growth of the global embedded systems market
Widely regarded as the Progenitor of IoT, Embedded Systems will
continue to Find Uses in Smart Devices
Experts in the electronics industry often remark that embedded
systems were the precursor to IoT. However, the IoT industry has
evolved so rapidly that it now directly influences the way embedded
systems are designed and implemented. From smart wearables to
military equipment to software applications, embedded systems are
increasingly being used in every new application that impacts our
lives.
With the prices of hardware components such as microcontrollers,
microprocessors, and FPGA chips having dipped in recent years,
companies now find it more cost-effective to purchase a generic chip
and create their own code for it. This is the approach now being
followed by numerous companies producing smart electronics, smart
devices, and other sophisticated electronics that are a part of the
IoT ecosystem.
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Real-time Embedded Systems on Brink of Exploding on to the Scene
with their Cutting-Edge Advantages
On the basis of functionality, the global embedded systems market
features various types of embedded systems such as real-time,
networked, stand alone, and mobile. The future clearly belongs to
real-time embedded systems because of the sheer advantages they bring
to various applications. These types of embedded systems, for
instance, can operate in extremely constrained environments where
restrictions exist on both computing power and computer memory.
It’s hardly surprising then, that the demand for real-time embedded
systems is soaring from the education, government, military, medical
and electronics sector.
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