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The embedded computing market has witnessed strong growth, escalating from $39.74 billion in 2023 to $43.37 billion in 2024, with a CAGR of 9.1%. This growth is fueled by the evolution of microprocessor technology, expansion of consumer electronics, IoT proliferation, and increased demand for portable devices. Looking ahead, the market is expected to continue its robust growth, reaching $59.25 billion in 2028, with a CAGR of 8.1%. Factors driving this growth include the expansion of edge computing, adoption in medical devices, embedded security solutions, and the growth of autonomous vehicles. Noteworthy trends encompass the proliferation of edge computing, energy-efficient embedded devices, embedded vision systems, and open-source embedded software, catering to diverse application needs across industries.

The embedded computing market is rapidly expanding, buoyed by the escalating adoption of consumer electronics. Embedded systems integration enables electronic devices to deliver innovative functionalities, seamless communication, superior performance, and enhanced efficiency. With growth rates in consumer electronics like computers and TV sets outpacing smartphones, the demand for embedded computing solutions is on an upward trajectory. This trend underscores embedded computing’s pivotal role in meeting evolving consumer electronics needs.

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What Are The Key Trends That Influence Embedded Computing Market Share Analysis?

Product innovation is driving the embedded computing market, with major companies focusing on developing innovative products to maintain their market positions. For instance, in January 2022, Neousys Technology, based in Taiwan, launched the Nuvo-9000 series and Nuvo-9531 series of fanless embedded computers. These solutions are designed for industrial edge computing, vision inspection, and automation systems. Powered by Intel’s 12th generation Core i processors with a 16-core/24-thread configuration, these processors offer enhanced performance compared to previous generations.

Which Market Players Are Driving Growth In The Embedded Computing Market?

Major companies operating in the embedded computing market report are Microsoft Corporation, Dell Inc., Intel Corporation, The International Business Machines Corporation, Qualcomm Technologies Inc., Fujitsu Limited, Advanced Micro Devices Inc., Texas Instruments Inc., MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, Microchip Technology Inc., Super Micro Computer Inc.​, Arm Holdings plc, Nuvoton Technology Corporation, DataArt, N-iX, Axiomtek Co. Ltd., Yalantis, Congatec AG​, Vates, CHI Software, Solw’IT SA, Softeq, ITRex Group, Interelectronix e.K., Smart Embedded Computing Inc.

How Is The Global Embedded Computing Market Segmented?

The embedded computing market covered in this report is segmented –

1) By Type: Hardware, Software
2) By Function: Real-Time, Standalone, Mobile, Networked
3) By End User: Automotive, Industrial, Healthcare, Retail, Consumer And Smart Home, Other End Users

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The Embedded Computing Global Market Report 2024 provides an overview of the embedded computingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The embedded computing market forecast analyzes embedded computing market size, embedded computing market share, leading competitor and their market positions.

The Table Of Content For The Embedded Computing Market Include

1. Embedded Computing Market Executive Summary
2. Embedded Computing Market Segments
3. Embedded Computing Market Size And Template Market Growth Rate
4.  Key Embedded Computing Market Trends
5. Major Embedded Computing Market Drivers
……
25. Key Mergers And Acquisitions In The Embedded Computing Market
26. Top Embedded Computing Companies
27. Embedded Computing Market Opportunities And Strategies
28. Embedded Computing Market, Conclusions And Recommendations
29. Appendix

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