The global embedded processor market is anticipated to exhibit significant CAGR of 7.4% during the forecast period (2021-2027). The ongoing rapid development in the processor technologies are anticipated to bring double digit growth to the global embedded processor market. For instance in August 2021, PragmatIC Semiconductor in Cambridge had developed the iconic 6502 processor as a plastic chip on a low cost flexible substrate. The company has developed PlasticARM, with purely plastic 6502 processor in just two weeks as no silicon was involved. In the same month, IBM Corp. has unveiled AI processor chip to enable financiers to deal with fraud.
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Samsung Electronics has launched the Exynos W920, a wearable processor. The new processor integrates an LTE modem and is the first in the industry to be built with an advanced 5-nanometer (nm) extreme ultra-violet (EUV) process node, offering powerful yet efficient performance demanded by next-generation wearable devices. With the Exynos W920, future wearables will be able to run applications with visually appealing user interfaces and more responsive user experiences while keeping user connected on the go with fast LTE. The growing market for consumer electronics and wearable across the globe, mainly in emerging economies is likely to drive the rowth of the global embedded processor market.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Component
o By End-User Industry
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Analog Devices Inc., Broadcom Corp., Infineon Technologies AG, Intel Corp., NXP Semiconductors N.V., Texas Instruments Inc., and so on.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Embedded Processor Market Report Segment
By Type
- Microprocessor
- Micro-Controller
- Digital Signal Processor
- Embedded FPGA
- Others
By Application
- Batteries
- Surveillance
- Communication
- Infrastructure
- Digital Signage
- Others
By End-User
- Consumer Electronics
- Automotive & Transportation
- Industrial
- Healthcare
- IT & Telecom
- Aerospace & Defense
- Others
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
