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Research and Markets has announced the addition of the "Global Embedded Computer Market 2015-2019" report to their offering.
The global embedded computer market is expected to grow at a CAGR of 14.56% during the period 2015-2019.
The significantly increasing customer base of telecom service providers, brought about by rising penetration in developing regions, will lead to a surge in demand for embedded computers. Growing internet usage has led service providers to provide higher bandwidth and high-speed internet access by integrating the fast processing embedded systems in their back-end systems and networks.
According to the report, the growing number of applications in transportation, energy, telecom, and medical technology sectors is expected to drive the market growth. Moreover, the vendors foresee an increase in the number of application for embedded computers, especially in rapidly growing sectors such as defense. Such factors will likely generate compel vendors to enhance their product portfolio in order to cater to the growing demand.
Further, the report states that since general-purpose computers are exceedingly used for various applications, this has resulted in shrinking the target market for embedded computers, which in turn has intensified the market competition.
