Embedded Processor Market to Reach $36.38 Bn, Globally, by 2026 at 6.6% CAGR: Allied Market Research

- Surge in space constraints in semiconductor wafers, rise in demand for smart consumer electronics, and usage of embedded processors in the automotive market drive the growth of the global embedded processor market

PORTLAND, Oregon, Nov. 4, 2019 /PRNewswire/ -- Allied Market Research published a report, titled, "Embedded Processor Market by Type (Microprocessor, Microcontrollers, Digital Signal Processor, eFPGA, and Others), and Application (Consumer Electronics, Automotive, Industrial, Healthcare, IT & Telecom, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2026." According to the report, the global embedded processor industry garnered $21.42 billion in 2018, and is estimated to generate $36.38 billion by 2026, growing at a CAGR of 6.6% from 2019 to 2026.

Prime determinants of growth

Surge in space constraints in semiconductor wafers, rise in demand for smart consumer electronics, and usage of embedded processors in the automotive market drive the growth of the global embedded processor market. However, issues related to operation in harsh environments hinder the market growth. On the other hand, rise in prominence of IoT and increase in usage in embedded processors in the biomedical field create new opportunities in the industry.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6132

The microprocessor segment to maintain its dominance during the forecast period

Based on type, the microprocessor segment held more than one-fourth of the total market share of the global embedded processor market in 2018, and is expected to maintain its dominance during the forecast period. This is due to surge in usage of microprocessors in different industries. Moreover, the embedded FPGA is estimated to grow at the highest CAGR of 8.7% from 2019 to 2026, owing to advent of embedded system in networking and data centers along with implementation at wireless base stations and other applications.

The consumer electronics segment to dominate in terms of revenue by 2026

Based on application, the consumer electronics segment accounted for the highest market share in the global embedded processor market, holding nearly one-fourth of the total market share in 2018, and will continue to dominate in terms of revenue throughout the forecast period. This is attributed to increase in initiatives by government in terms of funding for digitalization and innovation in smart technologies in consumer electronics industry. Contrarily, the healthcare segment is expected to grow at the fastest CAGR of 10.0% from 2019 to 2026, owing to surge in usage of advanced technologies in medical devices such as wireless communication, sensors, ECG electrocardiogram, body area network (BAN) for heart rate monitoring, pulse rate tracking, and measuring of temperature, oxygen, and blood pressure.

Asia-Pacific to maintain its highest share by 2026, North America to follow

Based on region, Asia-Pacific contributed the largest market share in 2018, accounting for more than two-fifths of the global embedded processor market, and will maintain its highest share throughout the forecast period. Moreover, this region is expected to maintain the highest growth rate, with a CAGR of 8.3% from 2019 to 2026. This is due to the access to high-end advanced technologies, rise in demand for smart electronics, and growth of manufacturing industries. On the other hand, North America contributed the second highest market share in 2018.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/6132

Market players holding the largest pie

• NXP Semiconductors
• Broadcom Corporation
• STMicroelectronics
• Intel Corporation
• Infineon Technologies AG
• Analog Devices Inc.
• Renesas Electronics
• Microchip Technology Inc.
• Texas Instruments
• ON Semiconductor

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Studies:
Embedded FPGA Market Expected to Reach $8,981 Million, Globally, by 2024

Embedded SIM Market Expected to Reach $6,886.2 Million by 2025

Embedded Multimedia Card (eMMC) Market to Hit $32,321.9 Million, Globally, by 2022

Embedded Die Packaging Technology Market to Reach $68 Million, Globally, by 2023

Embedded Display Market - Opportunities and Forecasts, 2019-2026

Embedded Controllers Market - Global Opportunity Analysis and Industry Forecast, 2019-2026

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Follow Us on LinkedIn and Twitter 

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg