Global Embedded products Market 2023-2027

Global Embedded Products Market 2023-2027

Technavio has been monitoring the embedded products market and is forecast to grow by $86.08 bn during 2022-2027, accelerating at a CAGR of 6.3% during the forecast period. Our report on the embedded products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for smart appliances, demand for advanced driver assistance system (ADAS) in electric and hybrid vehicles, and the growing popularity of IoT and M2M technologies.

Technavio's embedded products market is segmented as below:

By ApplicationConsumer electronicsAutomotiveIndustrialAerospace and defenseOthersBy ProductHardwareSoftwareBy GeographyNorth AmericaAPACEuropeSouth AmericaMiddle East and AfricaThis study identifies the rise in the development of 5G-based embedded devices as one of the prime reasons driving the embedded products market growth during the next few years. Also, rising awareness in IIoT and industrial automation and the growing adoption of multicore technology in embedded products will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the embedded products market covers the following areas:Embedded products market sizingEmbedded products market forecastEmbedded products market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading embedded products market vendors that include Advantech Co. Ltd., AMETEK Inc., ARBOR Technology Corp., ASUSTeK Computer Inc., Axiomtek Co. Ltd., congatec GmbH, Curtiss Wright Corp., Digi International Inc., EUROTECH Spa, Fujitsu Ltd., Intel Corp., Kontron AG, NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Radisys Corp., SMART Global Holdings Inc., Super Micro Computer Inc., TechNexion Ltd., Texas Instruments Inc., and Toradex AG. Also, the embedded products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.