The Global Embedded Systems Market Expected to Grow +5% CAGR by 2024


An embedded system is a combination of software and hardware which together facilitate the accurate functioning of a target device. Embedded system market is expected to mark significant growth over 2019 to 2024 owing to increasing consumers spending on smart phones, providing high application- specified integrated circuit and high speed operating systems applications and technological advancement. 

A recent Advance Market Analytics market study is being classified by Type (Normal Phase HPLC and Reverse Phase HPLC), by Application (Automotive, Telecommunication, Healthcare, Industrial, Consumer Electronics and Military & Aerospace) and major geographies with country level break-up. According to this study, the Global Embedded Systems market is expected to see growth rate of 5.28% and may see market size of USD536.2 Million by 2024.

Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Embedded Systems market throughout the predicted period.

Intel Corporation (United States), Infineon Technologies AG (Germany), Renesas Electronics Corporation (Japan), Texas Instruments Incorporated (United States), Microchip Technology Incorporated (United States), STMicroelectronics N.V. (Switzerland), Qualcomm Technologies Incorporated (United States), Cypress Semiconductor Corporation (United States) and Analog Devices Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Broadcom Limited (United States), Fujitsu Limited (Japan), NXP Semiconductors N.V. (Netherlands) and Toshiba Corporation (Japan).

Read more about the AMA global and regional embedded systems market study