Computer Engineering Market Value Projected to Expand by 2028

Computer engineering market is anticipated to grow at a significant CAGR of 4.0% during the forecast period. The computer engineering is a combination of computer science and electronic engineering that enables the development of hardware and software for the computer. The engineers associated with the computer mainly involve hardware and software aspects in order to design a microprocessor, microcontrollers, personal computers, and supercomputers.

The rising production and manufacturing of electronic systems for various applications including- industrial, communication, automotive and medicinal sectors are creating lucrative opportunities for computer engineering. The information and telecommunication (ICT) and manufacturing of semiconductors expand the values of computer engineering to implement innovative design and enhance the capacity, efficiency, and productivity of the product. This in result subjected to drive the growth of the global computer engineering market with a steady rate during the forecast period.

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The global computer engineering market is segmented on the basis of product functionality, application, and region segment. Based on the product functionality the market is segmented into- personal computers, server computer hardware, supercomputers, built-in computers, mobile computer hardware, and microelectronic components. Based on the application, the market is further bifurcated into- automotive, communication systems, industrial, medicine, and consumer computer equipment. The market is majorly driven by automotive and consumer computer equipment segments and is expected to witness the largest share during the forecast period. The consumer electronics and automotive manufacturing companies are gradually implementing the ATE to improve the performance, speed, and capability of products and enhance the operation by maintaining its economic value. This dynamic will surge the demand for computer engineering which significantly works to improve manufacturing, development, designing, and testing of products and is expected to drive the growth of the global computer engineering market.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028

Segment Covered- 

  • By Product Functionality
  • By Application

Competitive Landscape- Advantest Corp., Advint, ARM Holdings, Astronics Corp., Averna Technologies, and others.

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Computer Engineering Market Report Segment

By Product Functionality 

  • Personal Computers
  • Server Computer Hardware
  • Supercomputers
  • Built-in Computers
  • Mobile Computer Hardware
  • Microelectronic Components

By Application

  • Automotive
  • Communication System
  • Industrial
  • Medicine
  • Consumer Computer Equipment

Computer Engineering Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

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