Report Highlights
- 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%.
INTRODUCTION
STUDY GOALS AND OBJECTIVES
This market research report focuses on embedded technology, including both embedded hardware and embedded software. The report forecasts the market for embedded technology through 2013 by considering macroeconomic factors and dynamics of the markets for various end products. It also provides measurement and analysis of major market segments, and highlights major players and emerging trends affecting the market.
REASONS FOR UNDERTAKING THE STUDY
The ease of developing and marketing embedded devices is increasing with the advancement of technology and communication. Embedded devices are now starting to dominate nearly every aspect of human life. Many new devices are being introduced into the global market every day with innovative end application. From cell phones to digital TVs to mp3 players to refrigerators to washers, we are constantly using embedded devices for different purposes, blissfully unaware of the underlying technology.
Embedded hardware and software make these embedded devices work. The success of the embedded devices is defined by the quality of the device’s design and development, and its use of the proper underlying hardware that meets cost constraints. This study analyzes key components of embedded devices, underlying business models and the drivers for each. It projects the overall market size and that of major market segments.
EMBEDDED TECHNOLOGY MARKET SEGMENTATION
Historically, the term embedded systems was used to describe any non-PC-related system, but in time, the definition has grown to include any system that is dedicated to a particular functionality. We have segmented the embedded market into hardware and software. The hardware segment consists of Processor IP, MPU/MCU, DSP, ASIC, FPGA, and embedded boards. The software segment consists of OS, software development and testing tools, middleware, and Linux-based OS and tools.
SCOPE OF REPORT
The report is divided into two parts: embedded software and embedded hardware. For each segment of the hardware and software market, we have provided:
- Definition 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 the embedded hardware design.
- Understanding of the embedded devices architecture and the roles played by different hardware components.
- Understanding of the market segment and factors driving its growth.
- Knowledge of business models used in different market segments.
- Market potential for each segment and projection for the next 5 years.
- Embedded industry insiders looking to enhance their business knowledge by understanding more about the market trends, including executives, managers, marketing, and salespeople.
- Product marketing and management people who want to understand the intricacies of the embedded market and position their products accordingly.
- Business and venture executives in the technology industry looking to invest in embedded hardware companies.
- Finance and investment professionals looking to make investment decisions for embedded hardware market companies.
METHODOLOGY
Market data and information for this report was conducted through numerous channels. We looked at the publically available information from various companies and the industry association data. These include SEC filings by public companies, presentations in various conferences, and articles and reports published by company insiders.
We also conducted interviews with company executives and other industry experts to gather the key data and to understand their market insights. The companies selected for this purposes fell into several categories, including hardware suppliers, device manufacturers, and engineering services companies.
- Annual revenue of the overall industry throughout the period of last 5 years; we used this data to determine trends and correlation between the overall industry and each segment.
- External factors such as the economy and growth projections by key institutions, including the IMF.
- Key drivers for each the market segment, such as the emergence of digital TV and consumer devices.
- Geographical trends impacting the technology, such as the rise of Asia as a major consumer base.
- New innovations and threats incurred to the existing technology.
- Examine BCC’s complete catalog of market research reports and place direct orders
- Subscribe to any of BCC’s many industry newsletters
- Read announcements of recently published reports and newly launched newsletters
- Register for BCC’s well-known conferences
- Request additional information on any BCC product
- Take advantage of special offers
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
Report Highlights
-
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.
Report Highlights
-
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%.
Related Reports
Recent Reports
Industrial IoT (IIoT): Global Markets
The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.
Smart Home Technologies: Global Markets
The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.
Global AI Camera Market
This report provides an understanding of the artificial intelligence (AI) camera market and the driving factors behind its adoption. It identifies the potential areas of growth and obstacles related to AI cameras, as well as to highlights the areas that require improvement within the AI camera industry. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region.
Medical Kiosks: Global Market and Forecasts
This report provides an outlook of the global medical kiosks market. It highlights the current and future market potential for global medical kiosks and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market, emerging technologies, future analysis and impact of wars on the market. The report covers market projections through 2028 and an analysis of company product portfolios of the key market players.
Global Spatial Computing Market
This report provides an overview of the global spatial computing market size analysis and a detailed analysis of the market player’s products and strategies. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. Revenue forecasts for this period are segmented based on component, technology, industry, and geography.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
Flame Retardant Chemicals: Technologies and Global Markets
The global consumption of flame retardant chemicals is estimated to grow from 6.0 billion pounds in 2022 to 7.5 billion pounds in 2027, at a compound annual growth rate (CAGR) of 4.4% for the period of 2022-2027.
Biorefinery Products: Global Markets
The global market for biorefinery products is estimated to increase from $624.7 billion in 2022 to $920.0 billion by 2027, at a compound annual growth rate (CAGR) of 8.0% from 2022 through 2027.
Electric Vehicle Charging: Infrastructure and Global Markets
The global market for wired electric vehicle charging infrastructure is estimated to grow from $24.1 billion in 2022 to $81.1 billion in 2027, at a compound annual growth rate (CAGR) of 27.4% for the period of 2022-2027.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More