Global Embedded Processor Market to Grow at 6.3% During 2024-2032, Spurred by Increasing Sales of Consumer Electronics

November 06, 2020 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled "Embedded Processor Market Report by Type (Microprocessor, Microcontroller, Digital Signal Processor, Embedded Field Programmable Gate Array (FPGA), and Others), Number of Bits (16 Bit, 32 Bit, 64 Bit, and Others), Application (Automotive/Transportation, Industrial Automation, Information and Communication Technology, Healthcare, Utilities, and Others), and Region 2024-2032," the global embedded processor market reached a value of US$ 19.9 Billion in 2023. An embedded processor refers to a type of microprocessor that is programmed into a system to simultaneously control its electrical and mechanical functions. It comprises various discrete chips that are embedded in one system while also consisting of dedicated computing cores, memory and programmable input/output peripherals. It is characterized by a simple design and compact size that has limited computational power and minimal power requirements. It is specially designed to cater to the requirements of an embedded system. These systems find extensive applications in numerous consumer electronics, household appliances and telecommunication systems.

Global Embedded Processor Market Trends:

The market is primarily driven by the increasing sales of consumer electronics across the globe. This can be attributed to the improving living standards of the masses, inflating disposable income levels and the rising penetration rate of high-speed internet connection. Since embedded processors form an indispensable component of these electronics, this is providing a thrust to the market growth. There has also been a significant increase in automation and rapid digitization across numerous industrial processes. Several industries are widely utilizing embedded processor-based systems to facilitate smooth operation and enhance the overall performance of industrial equipment, which is catalyzing the market growth. The market is further driven by their escalating demand from the automotive sector. Manufacturers are now replacing mechanical systems in automobiles with electronic systems due to the enhanced convenience offered by them. They are employing embedded systems for automating numerous functions of the vehicles, including wiper, airbags and anti-lock brake controls. These systems are additionally being employed in the healthcare sector for analyzing data obtained from X-rays, nodes, sensors, ultrasounds and computed tomography (CT) scans. Moreover, these processors are now being integrated with embedded graphics and multiple advanced technologies, including artificial intelligence (AI) and the Internet of Things (IoT). These variants are expected to offer enhanced efficiency with improved internet capabilities, thereby creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 6.3% during 2024-2032.

Market Summary:

  • On the basis of the type, the market has been divided into microprocessor, microcontroller, digital signal processor, embedded field programmable gate array (FPGA) and others.
  • Based on the basis of the number of bits, the market has been classified into 16 bit, 32 bit, 64 bit and others.
  • On the basis of the application, the market has been categorized into automotive/transportation, industrial automation, information and communication technology, healthcare, utilities and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Analog Devices, Inc., Broadcom Inc., Infineon Technologies AG, Intel Corporation, Microchip Technology Inc., NXP Semiconductors N.V., ON Semiconductor Corporation, Renesas Electronics Corporation, STMicroelectronics N.V., and Texas Instruments Incorporated.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Number of Bits, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corporation, Microchip Technology Inc, NXP Semiconductors N.V., ON Semiconductor Corporation, Renesas Electronics Corporation, STMicroelectronics N.V. and Texas Instruments Incorporated
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Embedded Processor Market to Grow at 6.3% During 2024-2032, Spurred by Increasing Sales of Consumer Electronics
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More