The global computer engineering market is anticipated to expand at a CAGR of 6.4%during the forecast period, between 2021 and 2028. The computer engineering is a division of engineering that incorporates a number of fields, such as electronics engineering and computer sciencethat are necessaryto develop computer software and hardware. This engineering field not merely focuses on how a computer system works but also how they amalgamate into other industries. Computer engineers are concernedwith many software and hardwarefeatures of computing, such as designing of microprocessors, personal computers, individual microcontrollers, circuit design, and supercomputers.
Common tasks of the computer engineersinclude designing mixed signal circuit boards and operating systems, designing ofVLSI chips and analog sensors,and writing firmware and software used for rooted microcontrollers. They are also suitablefor tasks such as robotics research, which are dependentgreatly on usage of digital systems to monitor and control electrical systems akin to sensors, communications, and motors.
The report on computer engineering market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Global Computer Engineering Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018 & 2019 |
Forecast Period |
2021–2028 |
Segmentation |
Applications (Communication Systems, Industrial, Automotive, Consumer Computer Equipment, and Medicines), Product Types (Server Computer Hardware, Supercomputers, Microelectronic Components, Personal Computers, Built-in Computers, and Mobile Computer Hardware) |
Regional Scope |
Asia Pacific, North America, Europe, Latin America, and Middle East & Africa |
Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
In the terms of applications, thecomputer engineeringmarket can be segmented into communication systems, industrial, automotives, consumer computer equipment, and medicines. The automotives segment is projected to hold a significant market share owing to its safety and security systems, body electronics, and infotainment. Moreover, growing demand for services; for instance, electronic manufacturing services and automated test apparatus is driving the segment growth.Additionally, in China, the demand for EVs and charging stations has led to the high demand for the microcontrollers, spurring the growth of the segment.
On the basis of product types, the market can be segregated into server computer hardware, supercomputers, microelectronic components, personal computers, built-in computers, and mobile computer hardware. Themobile computer hardware segment to dominate the global market due tothe growing use of smartphones and tablets, which has recognized to the availability ofinexpensive phones,development and innovation of new equipment, therefore have led to the robust growth in the market segment globally.
Based on regions, the global computer engineering market can be fragmented into North America, Europe, Asia Pacific, Latin America, and theMiddle East & Africa.The market inAsia Pacific is expected to grow at a substantial rate during the forecast period owing to the existence of numerous semiconductor manufacturing companies in the region. Furthermore, rising phone subscriptions in the region have boosted the growth in the market in the region.
North America is estimated to account for a major market share due to presence of major IT companies in the US and Canada.
Key players in the global computer engineeringmarket includeXilinx, Inc., Averna Technologies, Inc., Teradyne, Inc., Synopsys, Inc., STMicroelectronics N.V., SolidCAM Ltd., Nvidia Corporation, and Intel Corporation. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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