Computer Engineering Market: Outlook, Opportunity and Demand Analysis, Forecast By 2024

Computer engineering market penetration is aptly bringing a revolutionary transformation across myriad end-use domains lately, with pioneering connectivity technologies unlocking potentials in the IoT value chain. Contemplating on the lucrative opportunities of IoT, numerous data center companies are integrating FPGAs (Field Programmable Gate Arrays) in their operational facilities to outsource computationally intensive workloads. These devices, once reconfigured after manufacturing, are extensively deployed across sectors like automotive, aerospace, military, and industrial sectors. Perhaps driven by the fact that the application horizon of these cutting-edge technologies is practically expanding day by day, it is undeniable that industry demand is on a robust incline. This presumption is validated which claims global industry to have pegged a mammoth valuation of USD 1800 billion in 2016.

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The increasing usage of semiconductors in electronic products and the growing penetration of smartphones will augment the demand for efficient computing capabilities from the IT and computer sectors. Semiconductors are widely utilized in electronic devices such as tablets, PCs, smartphones, and other smart devices.

These devices further require a network connected through IoT to establish robust communication and perform their functions. In order to test, design, develop and integrate all these components, enhanced demand for computer engineering and its services will positively influence the industry growth in the upcoming years.

The server computers segment in the computer engineering market is expected to witness significant expansion in the upcoming years. Increased usage of cloud storage and online services has fueled up the number of data centers globally. Reportedly, in 2016, there were more than 3 million data centers in the U.S., which is expected to rise due to massive demand for data and cloud storage services and the migration of on-premises and small data centers to hyperscale data centers.

The high requirement of power to handle such data storage facilities has encouraged the data center manufacturers to develop and deploy energy-efficient server solutions to reduce the power consumption of these centers.

The high adoption of the miniaturization trend by several component manufacturers has allowed them to offer flexible mounting options and facilities of integrating multiple functionalities into a single component to the consumers. This evolving trend has enabled the integration of semiconductors in healthcare devices such as surgical devices and fitness products.

The surging demand for smart fitness products is influencing several semiconductor manufacturers to invest in extensive R&D to develop products compatible with healthcare products.

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The Asia Pacific computer engineering market share was estimated at over 50% of the global market in 2016, owing to the flourishing semiconductor sector in the region. Growing emphasis by several governments to uplift competitiveness in the electronics manufacturing industry and bring foreign investments to the sector will positively impact the sector in the region.

The competitive spectrum of computer engineering market is moderately fragmented, leading manufacturers have been vying with one another to secure their presence in the strategic landscape. On this ground, market has been witnessing a slew of mergers and acquisitions over the recent years, where organizations work conjointly on improvising their product portfolios. Say for instance, Infineon Technologies, apparently, had announced the acquisition of Wolfspeed in a deal of USD 850 million, with an aim to exploit the latter’s extensive offering in compound semiconductor systems including the likes of Sic (silicon carbide), GaN-on-Si (gallium nitride on silicon) and GaN-on-SiC (gallium nitride on silicon carbide).

Major Key Points from Table of Content:

Chapter 4    Computer Engineering Market, By Product Functionality

4.1    Computer engineering market share, by product functionality, 2016 & 2024

4.2    Personal computer

4.2.1    Market estimates, by region, 2013 - 2016

4.2.2    Market forecast, by region, 2017 - 2024

4.3    Server computer hardware

4.3.1    Market estimates, by region, 2013 - 2016

4.3.2    Market forecast, by region, 2017 - 2024

4.4    Supercomputers

4.4.1    Market estimates, by region, 2013 - 2016

4.4.2    Market forecast, by region, 2017 - 2024

4.5    Built-in computer

4.5.1    Market estimates, by region, 2013 - 2016

4.5.2    Market forecast, by region, 2017 - 2024

4.6    Mobile computer hardware

4.6.1    Market estimates, by region, 2013 - 2016

4.6.2    Market forecast, by region, 2017 - 2024

4.7    Microelectronic components

4.7.1    Market estimates, by region, 2013 - 2016

4.7.2    Market forecast, by region, 2017 - 2024

Chapter 5    Computer Engineering Market, By Application

5.1    Computer engineering market share, by application, 2016 & 2024

5.2    Automotive

5.2.1    Market estimates, by region, 2013 - 2016

5.2.2    Market forecast, by region, 2017 – 2024

5.3    Communication system

5.3.1    Market estimates, by region, 2013 - 2016

5.3.2    Market forecast, by region, 2017 - 2024

5.4    Industrial

5.4.1    Market estimates, by region, 2013 - 2016

5.4.2    Market forecast, by region, 2017 - 2024

5.5    Medicine

5.5.1    Market estimates, by region, 2013 - 2016

5.5.2    Market forecast, by region, 2017 - 2024

5.6    Consumer computer equipment

5.6.1    Market estimates, by region, 2013 - 2016

5.6.2    Market forecast, by region, 2017 - 2024

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