Rising need for automation, connected devices, microprocessor advancements, IoT usage, smart homes and buildings, and medical devices is boosting the embedded systems market. Furthermore, the proliferation of new technologies and innovations and the rise in demand for electric and hybrid vehicles are driving the embedded systems market. The adoption of the Internet of Things (IoT) fuels the demand for embedded systems that gather and send data from linked devices to cloud-based applications. This information can then be analyzed and used to make decisions.
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The Innovative Key Players are:
- Infineon Technologies AG
- Intel Corp
- NXP Semiconductors NV
- Qualcomm Inc
- Renesas Electronics Corp
- STMicroelectronics NV
- Texas Instruments Inc
- Microchip Technology Inc
- Advantech Co Ltd