South & Central America Embedded Systems Market Forecast to 2030 - Regional Analysis - by Component [Hardware (Sensor, Microcontroller, Processors and ASICS, Memory, and Others) and Software], Functionality (Real-Time Embedded Systems, Standalone Embedded Systems, Networked Embedded Systems, and Mobile Embedded Systems), and Application (Automotive, Telecommunication, Healthcare, Industrial, Consumer Electronics, and Others)
Integration of 5G Fuels South & Central America Embedded Systems Market
5G is expected to empower new business models and use cases in a wide range of embedded applications, especially in the telecommunication industry. The industry is engaged in deploying large amounts of networking infrastructure, such as virtual radio access networks (vRAN). The integration of 5G networks has a transformative impact on the embedded systems market as 5G provides higher data rates, massive device connectivity, and lower latency compared to previous generations of technology. It can open up possibilities for real-time applications, large-scale IoT deployments, autonomous systems, and ultra-high-definition video streaming. Growing investment and increasing adoption of 5G in various industries such as automotive, healthcare, consumer electronics, banks, and data centers are expected to create growth opportunities in the market. For instance, telecom operators across the globe are planning to invest US$ 380 billion in the deployment of 5G by 2025 to focus on new services for consumers and enterprises. 5G allows remote monitoring and controlling of embedded systems by facilitating tasks like remote diagnostics and maintenance. Moreover, the technology is used to create a new system-on-a-chip (SoC) platform that helps the user deal with plane traffic, payload control, user scheduling, and front-end processing. Increasing the power of SOC platforms deepens the combination of 5G and embedded systems. The integration of 5G and SOC will develop a 5G chip used in embedded processors. The 5G chip supports the user in automatically limiting the capacity of the wireless communication system and sending reasonable amounts of data through the system. These chips are widely adopted by industries such as consumer electronics, healthcare, IT & telecommunications, energy & utilities, and manufacturing.
5G offers low latency in crucial applications such as autonomous vehicles and real-time industrial automation. An embedded system can process and respond to data with minimal delay by enhancing its effectiveness. 5G-engineered embedded devices used in smart camera surveillance systems deliver fast response rates, which is anticipated to create opportunities in the market during the forecast period.
South & Central America Embedded Systems Market Overview
The growth of the South & Central America embedded system market is driven by increasing demand for comprehensive embedded systems. The expansion of the automotive industry in South & Central America is driving the demand for embedded systems. For instance, as per the Ministry of Trade of Colombia, the country ranks as the third-largest automobile assembler in South & Central America (after Brazil and Argentina) and the second-largest motorcycle producer in the region after Brazil. Columbia has eight vehicle assembly plants, with three in Sofasa, CCA, and Mazda, which represent 99% of country production and 32% of sales. Growing demand for light vehicles, trucks, buses, and motorcycles in the region increases the adoption of embedded systems among vehicle manufacturers. The embedded system helps in recording speed, distance, and driving in the truck. Moreover, the system also has safety features; it alerts drivers of dangers on the road reporting nearby incidents, vehicle issues, or any other inconvenience. This helps the driver take instant corrective action from the vehicle's ADAS features or built-in communications to service canters.
South & Central America Embedded Systems Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Embedded Systems Market Segmentation
The South & Central America embedded systems market is segmented based on component, functionality, application, and country.
Based on component, the South & Central America embedded systems market is bifurcated into hardware and software. The hardware segment held a larger South & Central America embedded systems market share in 2022. The hardware segment is further subsegmented into sensor, microcontroller, processors and ASICS, memory, and others.
In terms of functionality, the South & Central America embedded systems market is segmented into real-time embedded systems, standalone embedded systems, networked embedded systems, and mobile embedded systems. The mobile embedded systems segment held the largest South & Central America embedded systems market share in 2022.
By applications, the South & Central America embedded systems market is segmented into automotive, telecommunication, healthcare, industrial, consumer electronics, and others. The consumer electronics segment held the largest South & Central America embedded systems market share in 2022.
Based on country, the South & Central America embedded systems market is categorized into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America embedded systems market in 2022.
Advantech Co Ltd, Infineon Technologies AG, Intel Corp, Marvell Technology Inc, NXP Semiconductors NV, Qualcomm Inc, Renesas Electronics Corp, STMicroelectronics NV, and Texas Instruments Inc are some of the leading companies operating in the South & Central America embedded systems market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Embedded Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. South & Central America Embedded Systems Market - Key Industry Dynamics
5.1 South & Central America Embedded Systems Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Demand in Automotive Industry
5.2.2 Advancement in Internet of Things (IoT)
5.2.3 Increase in Adoption of Consumer Electronics
5.3 Market Restraints
5.3.1 Global Shortage of Semiconductor Chips
5.4 Market Opportunities
5.4.1 Integration of 5G
5.5 Future Trends
5.5.1 Development of AI-based Embedded System
5.6 Impact of Drivers and Restraints:
6. Embedded Systems Market - South & Central America Market Analysis
6.1 South & Central America Embedded Systems Market Revenue (US$ Billion), 2022 - 2030
6.2 South & Central America Embedded Systems Market Forecast and Analysis
7. South & Central America Embedded Systems Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: South & Central America Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.3 Processors and ASICs
7.1.3.1 Overview
7.1.3.2 Processors and ASICs: South & Central America Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.4 Memory
7.1.4.1 Overview
7.1.4.2 Memory: South & Central America Embedded Systems Market Revenue and Forecast to 2030 (US$ Billion)
7.1.5 Sensor
7.1.5.1 Overview
7.1.5.2 Sensor: South & Central America Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.1.6 Others
7.1.6.1 Overview
7.1.6.2 Others: South & Central America Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
7.2 Software
7.2.1 Overview
7.2.2 Software: South & Central America Embedded Systems Market, Revenue and Forecast to 2030 (US$ Billion)
8. South & Central America Embedded Systems Market Analysis - Functionality
8.1 Mobile Embedded System
8.1.1 Overview
8.1.2 Mobile Embedded System: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.2 Standalone Embedded System
8.2.1 Overview
8.2.2 Standalone Embedded System: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.3 Real Time Embedded System
8.3.1 Overview
8.3.2 Real Time Embedded System: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
8.4 Networked Embedded System
8.4.1 Overview
8.4.2 Networked Embedded System: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9. South & Central America Embedded Systems Market Analysis - Application
9.1 Consumer Electronics
9.1.1 Overview
9.1.2 Consumer Electronics: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive: South & Central America Embedded Systems Market, Revenue, and Forecast to 2030 (US$ Billion)
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.5 Telecommunication
9.5.1 Overview
9.5.2 Telecommunication : South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Embedded Systems Market Revenue, and Forecast to 2030 (US$ Billion)
10. South & Central America Embedded Systems Market - Country Analysis
10.1 South & Central America
10.1.1 South & Central America Embedded Systems Market Overview
10.1.2 South & Central America Embedded Systems Market Revenue and Forecasts and Analysis - By Country
10.1.2.1 South & Central America Embedded Systems Market Revenue and Forecasts and Analysis - By Country
10.1.2.2 Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.2.1 Brazil Embedded Systems Market Breakdown by Component
10.1.2.2.1.1 Brazil Embedded Systems Market Breakdown by Hardware
10.1.2.2.2 Brazil Embedded Systems Market Breakdown by Functionality
10.1.2.2.3 Brazil Embedded Systems Market Breakdown by Application
10.1.2.3 Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.3.1 Argentina Embedded Systems Market Breakdown by Component
10.1.2.3.1.1 Argentina Embedded Systems Market Breakdown by Hardware
10.1.2.3.2 Argentina Embedded Systems Market Breakdown by Functionality
10.1.2.3.3 Argentina Embedded Systems Market Breakdown by Application
10.1.2.4 Rest of South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
10.1.2.4.1 Rest of South & Central America Embedded Systems Market Breakdown by Component
10.1.2.4.1.1 Rest of South & Central America Embedded Systems Market Breakdown by Hardware
10.1.2.4.2 Rest of South & Central America Embedded Systems Market Breakdown by Functionality
10.1.2.4.3 Rest of South & Central America Embedded Systems Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Infineon Technologies AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Intel Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 NXP Semiconductors NV
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Qualcomm Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Renesas Electronics Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 STMicroelectronics NV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Texas Instruments Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Advantech Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Marvell Technology Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Word Index
List of Tables
Table 1. South & Central America Embedded Systems Market Segmentation
Table 2. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Table 3. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Component
Table 4. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Hardware
Table 5. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Functionality
Table 6. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion) - Application
Table 7. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Country
Table 8. Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 9. Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 10. Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 11. Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 12. Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 13. Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 14. Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 15. Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 16. Rest of South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Component
Table 17. Rest of South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Hardware
Table 18. Rest of South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Functionality
Table 19. Rest of South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn) - By Application
Table 20. List of Abbreviation
List of Figures
Figure 1. South & Central America Embedded Systems Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Embedded Systems Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Embedded Systems Market Revenue (US$ Billion), 2022 - 2030
Figure 5. South & Central America Embedded Systems Market Share (%) - Component, 2022 and 2030
Figure 6. Hardware: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 7. Processors and ASICs: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 8. Memory: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 9. Sensor: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 10. Others: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 11. Software: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 12. South & Central America Embedded Systems Market Share (%) Deployment, 2022 and 2030
Figure 13. Mobile Embedded System: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 14. Standalone Embedded System: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 15. Real Time Embedded System Market: South & Central America Embedded Systems Revenue and Forecasts to 2030 (US$ Billion)
Figure 16. Networked Embedded System: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 17. South & Central America Embedded Systems Market Share (%) Application, 2022 and 2030
Figure 18. Consumer Electronics: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 19. Automotive: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 20. Industrial : South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 21. Healthcare: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 22. Telecommunication: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 23. Others: South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 24. South & Central America Embedded Systems Market Revenue, by Key Countries, (2022)
Figure 26. Embedded Systems Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 27. Brazil Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 28. Argentina Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
Figure 29. South & Central America Embedded Systems Market Revenue and Forecasts to 2030 (US$ Bn)
1. Advantech Co Ltd
2. Infineon Technologies AG
3. Intel Corp
4. Marvell Technology Inc
5. NXP Semiconductors NV
6. Qualcomm Inc
7. Renesas Electronics Corp
8. STMicroelectronics NV
9. Texas Instruments Inc