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The LAMEA Embedded Computing Market Size is estimated to witness a market growth of 9.1% CAGR during the forecast period.
The uses of embedded computing systems fall under a wide range of asset class. The favorable technological aspects such as speed, accuracy, adaptability, reliability, reusability, size, etc. make it a very hand technology within homes and offices, BFSI, security, automobile, defense, healthcare and many other notably market sectors. Industries are focusing on cutting cost, bring in breakthroughs in different verticals, and also remain profitable; therefore, are increasingly adopting artificial intelligence into various levels of operations. The consumers with pressing demands for better lifestyle seek technologically advanced products, and consumer electronics is among the main stream segment where there is a pressing demand for highly sophisticated electronic items.
Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria are the regions addressed in the report. Brazil, as a dominant market, was the leading revenue generating region during the year 2015 and Argentina, as a potent market followed Brazil. However, as an emerging market is anticipated to grow at a fastest CAGR of 10.3% during the period of forecast. In 2015, the Brazil dominated the LAMEA automotive embedded computing market. South Africa on the other hand is expected to register a highest CAGR of 11% during the forecast period (2016-2022). In LAMEA embedded computing market, Microprocessors would generate the maximum revenue for the hardware segment in 2016, however, the microcontrollers are expected experience highest CAGR during the forecast period (2016-2022).
Companies profiled in the report include Atmel Corporation, Microchip Technology Inc., Intel Corporation, Renesas Electronics Corporation, Fujitsu Limited, IBM Corporation, Microsoft Corporation and QUALCOMM Incorporated.