- The key vendors in the global embedded processor market 2015-2019 are Cavium, Freescale Semiconductor, Intel, Marvell Technology Group and Texas Instruments.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global embedded processor market 2015-2019. Growing demand for 32-bit processors is one of the key trends being observed in the market. The market share of 32-bit processors is likely to grow due to increased applications in the consumer electronics sector. 32-bit and 64-bit processors are integrated in consumer electronics to enhance the performance of an operating system.
The global embedded processor market is expected to grow at a CAGR of 3.89% during 2014-2019.
Embedded processors are widely used in mobile devices, navigational assistants, and household appliances such as microwaves and washing machines. M2M technology has increased the adoption of connected devices, which has led to growth in shipments of embedded processors. This has prompted telecom service providers to invest in high-capacity and high-performance network infrastructure, thereby creating demand for high-performance embedded processors.
“The integration of embedded processors in consumer electronics is growing rapidly due to the popularity of smartphones, ultra-high definition (UHD) TVs, advanced gaming equipment, hi-tech cameras, and fitness devices,” says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in 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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
