DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the " World Embedded Computing Market - Opportunities and Forecast, 2015 - 2022 " report to their offering.
A new report by titled, "World Embedded Computing Market" projects that the world embedded computing market is likely to generate revenue of $236.5 billion by 2022, with an estimated CAGR of 6.2% from 2016 to 2022.
In the year 2015, North America was the highest revenue-generating region owing to the high adoption of technology, higher standards of living, and presence of dominant market players. Asia-Pacific was the second largest market, in terms of revenue generation, and is expected to obtain a dominant position during the forecast period. Major factors that boost the demand of embedded computing systems in Asia-Pacific region include increasing adoption of technology, declining prices of consumer electronics, and improving living in countries such India and China. In addition, evolution in Internet of things and increasing demand for connected devices are projected to drive the market growth worldwide.
Within the hardware segment, the microprocessors dominated the market in 2015, with around 63% market share, owing to high performance, innovations, and continuous improvement in a variety of end user-applications such as tablets, energy management systems, automation of processes, mobile devices, and others. Among the key end users, the communications segment led the market followed by consumer electronics segment, both collectively accounting for around 64% of the market revenue in 2015. The dominance of these sectors is due to the increasing penetration of smartphones, wearable devices, gaming consoles and Internet, particularly in the developing regions.
Chapter: 1 INTRODUCTION
Chapter: 2 Executive Summary
Chapter: 3 MARKET OVERVIEW
Chapter: 4 WORLD EMBEDDED COMPUTING MARKET, BY TYPE
Chapter: 5 WORLD EMBEDDED COMPUTING MARKET, BY END USER
Chapter: 6 WORLD EMBEDDED COMPUTING MARKET, BY GEOGRAPHY
Chapter: 7 COMPANY PROFILE
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