The rising cybersecurity concerns in the global embedded systems market bring operating systems like Android and Linux into the limelight owing to their extensive usage in development of embedded systems. As these operating systems are large and complex, an intruder could easily violate the security, taking control of the entire system even if minor flaws are compromised.
One of the plausible methods of ensuring the security of these systems is the usage of a hypervisor on the basis of a secure microkernel, guaranteeing segregation between the different components of system software. The hypervisor offers a higher privilege level and the integrity of the system stays intact even though the guest operating system is compromised.
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Increasing sales of electric & hybrid vehicles in emerging economies in order to control emission rates are also fostering the demand for embedded systems across the globe. According to estimates, embedded systems market is expected to cross USD 160 billion by the year 2026.Application of embedded systems in healthcare sector is also stimulating the industry outlook. Embedded systems are used in healthcare in several imaging systems such as MRI and CT scan.
It is also used to monitor vital signs and to amplify the sound in electronic stethoscopes. Additionally, the components enable clinicians and doctors to monitor the health of the patient remotely which further allows for quick decision-making via telemedicine. Rising adoption of embedded systems in biomedical sensors such as pacemakers, CPAP machines and glucose monitors are facilitating the business expansion.
Also, the multicore processors utilized in embedded systems not only run at low temperatures but also enhances the system performance. A growing demand for robust computing functionality in complex military systems are fueling the market growth.
As per component type, the field programmable gate array (FPGA) segment is presumed to expand substantially during the study period. Various industries are shifting to automation solutions in assembly, manufacturing and supply chain processes. Increasing development in industrial infrastructure along with favorable government initiatives which promote the use of automated machinery are augmenting the demand for FPGAs across the globe, which in turn is favoring embedded systems market outlook.
Estimates suggest that network embedded systems market segment held 5% of the global share in the year 2019 and is expected to register continuous growth during the forecast period. These systems are connected to the internet, WAN and LAN in order to access resources and they can be either wireless or wired. Moreover, these systems offer control and accede through the web browser.
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Considering the geographical landscape, estimates claim that Europe embedded systems market will witness a growth rate of 5% during the period of 2020-2026. Increasing number of intensive care residents have impelled the demand for telemedicine in Germany. This factor along with rising adoption of advanced technologies in vehicles are facilitating the business scenario in Europe.
The prominent manufacturers, developers and suppliers of embedded systems are Microsoft Corp., NXP Semiconductors, Texas Instrument and Atmel Corporation, among many others. These market participants are concentrating on mergers and acquisitions in order to increase their current partner network and to aim for new product launches.
Major Key Points from Table of Content:
Chapter 5. Embedded Systems Market, By Function
5.1. Key trends in market, by function
5.2. Standalone system
5.2.1. Market estimates and forecast, 2015 - 2026
5.3. Real-time system
5.3.1. Market estimates and forecast, 2015 - 2026
5.4. Network system
5.4.1. Market estimates and forecast, 2015 – 2026
5.5. Mobile system
5.5.1. Market estimates and forecast, 2015 - 2026
Chapter 6. Embedded Systems Market, By Application
6.1. Key trends in market, by application
6.2.1. Market estimates and forecast, 2015 - 2026
6.3. Consumer electronics
6.3.1. Market estimates and forecast, 2015 - 2026
6.4.1. Market estimates and forecast, 2015 – 2026
6.5.1. Market estimates and forecast, 2015 - 2026
6.6. Media & Entertainment
6.6.1. Market estimates and forecast, 2015 - 2026
6.7. IT & Telecom
6.7.1. Market estimates and forecast, 2015 – 2026
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