Embedded computing system is a combination of embedded hardware and software, designed to perform a specific dedicated function in an electronic device or a machine. It can work as an independent system or a part of a larger system. The hardware and software are two distinguished parts of any embedded computing system, which are activated by a set of commands called program to perform an operation as lone system. "Embedded" denotes the fact that hardware and software are inseparable parts of the system. For embedded computing, microcontrollers (MCUs) or microprocessors (MPUs) or custom designed chips are used to run the system along with supporting software in ROM (Read Only Memory). They have strong characteristics of high speed, low power consumption, accuracy, adaptability, reliability, reusability, size and others. Elements in any embedded computing system include interfaces, input/output devices, display, memory and others. In general, it encompasses storage, timers, power supply, system application circuits & serial communication port.
Embedded computing systems are used to control, monitor or perform a specific function of an electronic equipment by fixed set of program, plan or rules. They perform functions such as reading the sensor inputs, processing that data, display required output, generating & transmitting commands and transforming the data into information. Embedded computing systems are vastly used in a variety of applications across sectors such as home and office, BFSI, security, automobile, defense, healthcare and other sectors. The market for embedded computing is driven by the growing adoption of technologically advanced consumer electronics and the increasing uptake of artificial intelligence across various industries. Other factors impacting the global embedded computing market include growing digitization in healthcare, industrial automation and increasing demand in sectors such as automobile, and defense among others. Further, the demand for embedded computing is increasing worldwide on account of potential growth in emerging economies as well as evolution in Internet of Things (IoT). However, the hardware of an embedded system has limitations of its own including limited life-span, memory capacity and others.
The market for embedded computing is segmented on the basis of its types, end users and geography. The types include hardware and software segment. The hardware segment further includes microprocessor, microcontroller, digital signal processor, and others (ASIC, & FPGA) sub-segment. The end users for embedded computing market include automotive, industrial, healthcare, energy, communications, consumer electronics and others (BFSI, defense and transportation).
EMBEDDED COMPUTING MARKET SEGMENTATION:
BY END USER
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