Growing Demand for Smart Devices Drives the Global Market for Embedded Systems, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Embedded Systems markets. Global market for Embedded Systems is projected to reach US$222 billion by 2018, primarily driven by spiraling sales of smart devices, falling costs of microprocessors and development of multicore processors for Embedded Systems.

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Embedded Systems: A Global Strategic Business Report

San Jose, California (PRWEB) March 25, 2013

Follow us on LinkedIn – Defined as a system architecture within a larger system designed to independently execute specific control functions, embedded systems comprise of both hardware and software components integrated onto a single platform. Embedded systems are used virtually in every electronic device and equipment ranging from telephones, smartphones, toys, robots, cars, aircrafts, audio-video equipment, security systems, medical equipment, military/defense weapons to industrial/manufacturing equipment. Embedded systems are key enablers of smart devices, which represent one of the most important technological marvels of the 21st century. Integrating an embedded microprocessor system into any product makes it smart giving it the ability to communicate and connect to multiple devices and networks. Embedded systems provide devices the ability to indigenously process data and perform “pervasive computing”. Manufacturers are now investing resources into integrating embedded microprocessors into their product solutions to impart superior performance features that are vital in creating an enriching, satisfying and fulfilling user experience. These systems help sharpen the competitive edge of manufacturers by helping them position their products on the platform of cutting edge product and service innovation.

Developments in multicore processor technologies are expected to generate opportunities for growth by helping take design of embedded systems to higher levels of functionality. Advantages offered by multicore processors in embedded systems include cost-savings and performance improvements that come from a unified and shared computing environment. Also, use of multicore microprocessors in embedded systems allows developers to pack more number of functionalities and control functions, which help expand application possibilities. The market will also be driven by the rise of M2M communication. As a technology designed to allow data from one machine to be transmitted to another machine, M2M communications is growing in popularity in a wide range of industries from automotive, telecommunications to transportation. This provides opportunities for embedded system developers to develop embedded modules that instantly add intelligent cellular communication capabilities to devices like mobile phones, routers and other cellular equipment.

The continuing evolution of low cost pervasive computing and “Internet of Things (IoT)” is poised to spur growth in the market. Defined as the interconnection of all devices and equipment via the Internet, “Internet of Connected Things” directly drives demand for embedded devices. Embedded devices are critical for enabling communication and for providing data via user interfaces. With the number and type of devices connected to IP networks increasing at unprecedented rates, embedded systems are poised to benefit.

The growing number of exploits against embedded systems is bringing the issue of security into the spotlight. These security issues are growing to worrisome proportions largely because of the interconnected ecosystem created by the growth in networking. Types of attacks on embedded systems include cloning, theft-of-service, spoofing, feature unlocking, unauthorized access to sensitive information stored and malicious modification of software codes within an embedded system. Developers are focusing on integrating embedded security solutions to enhance the reliability of embedded systems. Tamper-resistant embedded system designs are forecast to grow in popularity in the coming years.

As stated by the new market research report on Embedded Systems, the US represents the largest market worldwide. Consumer electronics is the largest as well as the fastest growing end-use market with a projected CAGR of 9.1% over the analysis period. In the automobile industry, growth is led by the “Smart Automobile” trend. As intelligent cars roll off the assembly line engineered with numerous smart features, embedded automotive systems will witness strong demand across major functional areas, such as, chassis, drive-train, body and telematics.

Major players in the market include Altera Corporation, ARM Limited, Infineon Technologies AG, Intel Corporation, Kontron AG, Mentor Graphics Corporation, Microsoft Corporation, QNX Software Systems Ltd., Renesas Electronics Corporation, VIA Technologies Inc., and Zilog Inc., among others.

The research report titled “Embedded Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Netherlands, Sweden, and Rest of Europe), Asia-Pacific and Rest of World. The global market is also analyzed by end-use sectors including Computing, Telecommunications and Consumer Electronics, among others.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Embedded_Systems_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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