Embedded Systems Market Analysis research and trends report for 2022 - 2028
Description In manufacturing, these embedded systems work as a programmable operating system that performs several tasks including adjusting temperature, driving, motors, networking equipment, and controlling assemble line speed. These systems are also used to monitor, control, and assist the operation of equipment, machinery, and plants. The industry players are continuously innovating new products to meet the growing demand for industrial automation, thereby gaining a competitive edge in the embedded system market . Furthermore, major market leaders are also implementing various business strategies to expand their businesses with the aid of industrial automation that provides high market opportunities for embedded systems. The global embedded systems market is expected to reach approximately USD 114 billion in 2028, growing at a CAGR of slightly above 4.0% between 2022 and 2028. An Embedded system is a device that consists of computer software and hardware. These systems ...