TechNavio, the independent tech-focused global research firm, has published its latest report on the Global Embedded Processor Market, which is posting a CAGR of 5.7 percent from 2013-2018.
The report indicates that growth in this field, while modest, will continue over the projected period because of high demand for embedded processors from the automotive, consumer electronics, network infrastructure, and mobile device industries.
Additionally, high-growth in the defense and military sector is also expected to have a significant impact on the growth of the market in the next few years.
“The emergence of multi-core processors reduces power dissipation and increases performance. Multi-core processors are especially suited for symmetric multiprocessing, which is increasingly popular in military applications,” says Faisal Ghaus, Vice President of TechNavio.
“Processors from leading vendors such as Freescale Semiconductor Inc. and Intel Corp. are bringing x86 and power architecture multi-core designs with long life cycle support to the Military sector. Increased interest in reconfigurable computing is also leading to the growth of embedded processors in military systems.”
In addition to the military applications in this market, the increasing popularity of M2M technology is also expected to fuel growth in the market during the forecast period, as M2M technology requires embedded processors for its core operations.
To determine these market scenarios over the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.
We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.