Design, system and product engineers developing Embedded products will witness more challenges in 2018. The Global Embedded Technology Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of Embedded Technology is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2027, beating its previous growth records in terms of value with a noticeable CAGR during the anticipated period.
The growing demand for embedded technology in consumer electronics market and factors such as cost effectiveness and customization, is further driving growth of the global Embedded Technology Market.
Key Market Players like Texas Instruments, Renesas Electronics Corporation, STMicroelectronics, Samsung, STMicroelectronics, Microsoft Corporation, Infineon Technologies AG, Renesas Electronics Corporation, NXP Semiconductors, Atmel Corporation is set to rule this Embedded Technology space.
Not only will the chip industry be more vulnerable and critical, but most of the related technologies also groom with new disruptions.
Six hot trends waiting at the technology junction of Embedded System Industry in 2018:
Advances in processor technology will continue to push IoT applications, though all embedded applications will benefit from higher performance, lower power requirements, and increased connectivity.
Steady increase in EV adoption with associated infrastructure. This will be partly fuelled by the continuing worldwide expansion of the electric vehicle market, expected to increase by a compound annual growth rate of 21% over the next decade1.
The growing number of global initiatives to tackle environmental pollution and the wider availability of low cost Li-ON batteries will also add momentum to expansion of EV infrastructure.
AI is moving quickly from research to production because it can address such a wide range of applications, including object identification—a critical aspect for applications like automotive advanced driver assistance systems (ADAS). DNN is also being used to improve handwriting recognition, noise cancellation, and much more.
AI – a mix of real and gimmicky AI products being announced. Some will be devices that move the field forward; others merely a marketing ploy.2018 should see advances in AI for crunching the vast amount of user data that is being collected also for analysing and acting upon user behaviour and habits.
Storage technologies like Resistive RAM (ReRAM), Conductive Bridging RAM, and MRAM to hit the Embedded system shores. This means microprocessors and system-on-chip (SoC) solutions can utilize non-flash NVM technologies that offer advantages such as speed and unlimited write lifetimes. Texas Instruments’ MSP430 microprocessor family already has FRAM versions that proffer considerable advancement in flash-based solutions. Also, NVM Express (NVMe) is showing up on more motherboards that support M.2 and U.2. SATA and SAS offer many benefits, but performance is driving adoption of NVMe.
Bluetooth 5 and Bluetooth Mesh are separate technologies but both have been recently approved by the Bluetooth SIG. Expect to see a rapid increase in the number of Bluetooth 5 devices over the next year. Advantages are meshing ability, increased data rate or range and an increase in advertising capacity. The addition of meshing in particular is interesting in relation to the impact this could have on Thread and ZigBee. For end users, this should remove one of the bigger flaws in Bluetooth; its limited range.
The global augmented reality and virtual reality market is expected to reach USD 151.30 Billion by 2022 at a CAGR of 70.41% during the forecast period. Virtual-reality systems with higher resolution will challenge available display and processor technology. Wireless or mobile solutions will be taxed by weight and power concerns. Gaming will remain a major thrust for VR, but more applications will be emerge in 2018.More augmented reality releases following the Pokémon Go success and the hotly anticipated Harry Potter Go (releasing in 2018) as well as Apple wanting to further flex its muscles in the AR arena.Combination of AR and VR,now well known as mixed reality (MR) will be a pivotal market in 2018.Many people may have already used AR without being aware of it, such as when we use mobile devices for street‑level navigation or to play AR games such as Pokémon Go.