Embedded Systems: Technologies and Markets
The worldwide market for embedded technology was estimated to be worth $142.8 billion in 2013. The market is expected to grow at a projected compound annual growth rate (CAGR) of 5.4% over the next five years to total $152.4 billion by 2014 and $198.5 billion by 2019.
- An overview of the global markets for embedded systems and related technologies and applications.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on embedded systems hardware including:
- Processor IP (Intellectual Property): Key players include ARM and MIPS
- MPU/MCU: Microcontrollers and microprocessors
- DSP: Digital signal processors
- ASIC: Application-specific integrated circuit
- FPGA: Field processing gate arrays
- Embedded boards.
- Information on embedded systems software including:
- Operating systems: Key players include Windows CE, Vxworks
- Software development and testing tools: This includes development tools such as Eclipse
- Middleware: Perhaps less important but still significant—this includes things such as TCP/IP (Transmissoin Control Protocol/Internet Protocol) stack
- Open-source software and tools: This includes Linux and Android.
- Details pertaining to the specific drivers, trends, and challenges for different segments of the market.
- Comprehensive profiles of major players in the field of embedded systems.
REPORT SCOPE AND ORGANIZATION
The report is divided into two parts: embedded software and embedded hardware. For each segment of the hardware and software market, we have provided:
- Definitions and further segmentation.
- Overall market.
- Geographic data.
- Revenue by end-application.
- Business models.
- Growth forecast and market trends.
- Key players and market share.
The report also includes a high-level discussion on embedded hardware design.
The report does not consider chips developed for a specialized market such as set-top boxes. It also excludes IP and electronic design automation (EDA) tools used for the development of hardware.
This report will provide:
- Understanding of the embedded devices architecture and the roles played by different hardware components.
- Understanding of the different market segments and factors driving their growth.
- Knowledge of business models used in different market segments.
- Market potential for each segment and projection for the next five years.
Anand Joshi has more than 19 years of experience in the consumer electronics industry as well as the embedded and semiconductor industries. As an industry executive, he has often been involved in developing market strategies, market projections and modeling. He brings his extensive industry expertise and knowledge to the development of this report. Anand has authored prior versions of this report.
The worldwide market for embedded technology was $101.6 billion in 2009, and was $113 billion in 2010. The market will exhibit steady growth at a compound annual growth rate (CAGR) of 7% over the next 5 years and BCC expects the market to reach $158.6 billion by 2015.
- The global market for embedded systems is expected to increase from $92.0 billion in 2008 to an estimated $112.5 billion by the end of 2013, a compound annual growth rate (CAGR) of 4.1%.
- Embedded hardware was worth $89.8 billion in 2008 and is expected to grow at a CAGR of 4.1% to reach $109.6 billion in 2013
- Embedded software generated $2.2 billion in 2008. This should increase to $2.9 billion in 2013, for a CAGR of 5.6%.
The world market for embedded software will grow from about $1.6 billion in 2004 to $3.5 billion by 2009, at an average annual growth rate (AAGR) of 16%.
Embedded hardware growth will be at the aggregate rate of 14.2% to reach $78.7 billion in 2009, while embedded board revenues will increase by an aggregate rate of 10%.
Embedded components are being propelled by three factors (1) ASPs are higher than stand-alone chips, (2) their unit sales are cannibalizing the consumption volume of stand-alone MPUs, ASIC, FPGA and DSP; (3) and, the growth of system-on-a-chip components.
Embedded systems market is expected to grow at an average annual growth rate (AAGR) of 13% over the period, rising from $32 billion in 1998 to nearly $67 billion in 2004.
Software for embedded applications, which includes realtime operating systems and portable operating systems, will see the second highest growth, with an AAGR of over 16% through the period. Market heavyweights Microsoft and Sun have entered the embedded systems marketplace, their Windows CE and Java offerings, respectively.
Embedded processors, the largest segment in terms of revenue, will grow at 11.2% on average per year.
The market will be led, in terms of growth, by embedded memory products, which will rise at an AAGR of 17.7%.