Global $4.77 Bn Embedded Processors Market - Forecasts from 2018 to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Global Embedded Processors Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The global embedded processors market is anticipated to grow a CAGR of 3.24% during the forecast period to reach a total market size of US$4.776 billion by 2023, increasing from US$3.994 billion in 2017.
Embedded Processors are a type of microprocessors used in an embedded system. These processors are usually smaller and consume lesser power and are designed to handle multiple processes in real time. Technological advancements have led to the development of, ultra-low power microprocessors with higher efficiency, with integrated Wi-Fi and internet capabilities.
This has led to a surging demand for these processors across various industry sectors and in turm augmenting the embedded processor market growth globally. Growth consumer electronics market is expected to increase the demand embedded processor in the forecast period. Increasing focus of automobile manufacturers on the electrification and automation of vehicles is also expected to boost the demand for these processors over the forecast period.
Major industry players profiled as part of the report are NXP Semiconductors, Cavium Networks, Intel Corporation, Applied Micro Circuits Corporation, Marvell Technology Group, and Texas Instruments among others.
By TypeGeneral Purpose Processors Application Specific Processors Digital Signal Processors Application Specific Integrated Circuit Application Specific Instruction Set Processor
By Industry VerticalConsumer Electronics Healthcare Manufacturing Automotive Others
Companies MentionedNXP Semiconductors Cavium Networks Intel Corporation Marvell Technology Group Texas Instruments Applied Micro Circuits Corporation Analog Devices Atmel Corporation Broadcom, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/xb8mvm/global_4_77_bn?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005788/en/
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Related Topics:Processing Units
INDUSTRY KEYWORD: TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 08/08/2018 04:18 PM/DISC: 08/08/2018 04:18 PM