Semiconductors & Electronics Industry Embedded System Market Analysis Report, 2020

Your Catalyst To a Lucrative Business
Embedded System Market Analysis, Size, Share, Growth and
Forecast to 2020 | Hexa Research
“The requirement for smart meters is expected to
grow significantly over the forecast period, on the
basis of energy efficiency policies, thus giving
impulsion to the Embedded System Market growth.”
Global Embedded System Market is projected to be valued at USD 214.39 billion by 2020, as per a new
research report by HexaResearch. Rising demand from end-use industries such as automotive and healthcare
coupled with emergence of Internet of Things is expected to drive the demand.
Innovation in wireless technology, wireless communications, digital proces sing technologies, and software
along with embedded systems that efficiently drive the electronic contents within a vehicle have increased
significantly in automotive industry. It assists safety systems on the highest priority by monitoring systems
such as antilock braking systems, tire inflation, airbag systems, and others such as remote keyless entry and
antitheft systems. Security concerns related to these systems is likely to pose challenge to the industry
participants.
Embedded hardware generated maximum revenue, valued USD 131.68 billion in 2014. It is expected to
witness significant gains, with estimate of USD 199.56 billion at a CAGR of 6.2% from 2014 to 2020.
Technological advancement in emerging countries such as Russia, Taiwan, Brazil, India and China is spurring
the demand growth during the forecast period. Embedded software was valued at USD 8.64 billion in 2013,
and is expected to reach USD 14.84 billion by 2020, growing at an estimated CAGR of over 8.1% over the next
few years.
Browse Details of Report @ https://www.hexaresearch.com/research-report/embedded-system-industry
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