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The Global Embedded Computing Ecosystem Market

  • May 2014
  • -
  • Frost & Sullivan
  • -
  • 153 pages

Summary

Table of Contents

M2M Communication/Internet of Things are Foundational to Growth; Big Data is a Critical Component

This research service covers the state of the global embedded computing ecosystem market, examining the drivers and restraints for growth, technology, and market trends. The study includes a discussion on the following topics: Internet of things, M2M communication, and microprocessor hardware/software. Market growth is forecasted for the following regions: North America and Latin America; Europe, the Middle East, and Africa; and Asia-Pacific. In addition, an in-depth analysis of the competitive situation, including vendors' market shares in the embedded systems market is provided. The forecast period is from 2014 to 2019, with 2013 as the base year.

Executive Summary
-The embedded computing ecosystem market is rapidly gaining prominence as technology moves into the post-personal computer (PC) phase. The concept of Internet of Things (IoT) and advances in machine-to-machine (M2M) communication fundamentally drive the rapid growth of the embedded computing ecosystem. By 2020, Frost & Sullivan anticipates there will be more than billion connected devices generating data at unprecedented levels.
-The computational power of cloud-based platforms (coupled with the convergence of mobile computing) will be critical in terms of filtering, analyzing, storing, and accessing Big Data effectively, allowing enterprises to make critical business decisions in real time.
-The increasing use of multi-core processors in embedded systems, the growing adoption of Internet protocol version 6 (IPv6), and the sheer diversity of wireless networking options available to engineers and developers are further catalysts for rapid growth.
-IoT, which is powered by embedded sensors, provides businesses with a clear edge by enhancing labor productivity and collaboration, greater efficiency, better market agility, and transformative customer experiences.
-Linux and other open source platforms such as Android dominate market share for embedded computing ecosystems as these platforms are widely favored by developers over proprietary software.
-Major multinational companies such as Google, IBM, Cisco Systems, General Electric (GE), Oracle, and Intel Corporation have recognized the commercial potential of IoT and have invested billions of dollars in research and development (R&D), in addition to creating specific divisions within their organizations dedicated to this industry.
-Challenges include security and data privacy concerns; ensuring interoperability between disparate devices and back-end systems; inability to handle the sheer volume, velocity, and variety of data generated by M2M communication; and inadequate bandwidth and wireless network infrastructure.
-Overall, the embedded computing ecosystem market is estimated to be worth more than $ billion in 2013 and is expected to grow to more than $ billion over the forecast period. North America and Latin America (NALA) is the largest segment within the embedded computing ecosystem space, even as the Europe, the Middle East, and Africa (EMEA) segment and certain countries in emerging markets contend with macroeconomic restraints.

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