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Computer Engineering Market Analysis on Top Key Players - National Instruments Corporation, Intel Corporation, Nvidia Corporation

The Computer Engineering market is relatively large, as the demand of Computer Engineering is increasing in the whole world. And the global output of Computer Engineering remained a relatively high growth during the last few years; the Computer Engineering market is up to a double-digit growth, mainly due to the fast development of Ongoing industry.

 

Selbyville, DE -- (SBWIRE) -- 02/14/2019 -- The global computer engineering market is projected to amass substantial gains owing to the rapid digitization of the healthcare industry along with the growing demand for smart devices in the automotive sector. The adoption of IT in healthcare systems has grown considerably over the last few years, primarily driven by new inventions and advancements in the field, thereby propelling computer engineering market.

Key vendors in the computer engineering market comprise Averna Technologies, Inc., Advantest Corporation, Cadence Design Systems, Inc., Marvin Test Solutions, Inc., Lattice Semiconductor Corporation, National Instruments Corporation, Intel Corporation, Nvidia Corporation, SolidCAM Ltd., STMicroelectronics N.V., Synopsys, Inc., Teradyne, Inc., and Xilinx, Inc. among others. Manufacturers in the industry are looking to spread their presence and business to emerging regions and adopting strategies such as mergers and acquisitions (M&A). For instance, Infineon Technologies in July 2016, acquired Wolfspeed for USD 850 million to strengthen their offerings in the compound semiconductor systems.

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The computer engineering market growth is being driven by its use in automotive and consumer computer equipment. A significant increase in the number of connected devices is being witnessed owing to the rapid growth of consumer electronics in emerging economies and the burgeoning demand for smartphones and tablets. Major vendors are emphasizing on improving designing, development/manufacturing and testing solutions as key differentiators for the market expansion. The implementation of ATE in several automotive and consumer electronics manufacturing companies is helping in enhancing the product performance capability, the speed of operation, reducing the cost of the devices.

Rapid industrialization and urbanization has led to the improvement of economic conditions. Certain growing economies in Asia Pacific such as India, Thailand, and South Korea have exhibited a rapid shift in their economy and an overall GDP growth. For instance, India and China noted a GDP growth of over 7% in 2015. This has resulted in the betterment of living conditions and an increase in the disposable income per household, leading to an increase in the expenditure on luxury goods and high-quality technology. Declining costs of service plans and rapid increase in the volume of cheaply manufactured smartphones & tablets are the major factors driving the uptake of computer engineering market across Asia Pacific.

Robust economic growth, increasing government funding in technology projects, and increasing political stability is expected to drive the computer engineering market. Growing production of electronic systems for applications such as automotive, industrial, medicine and communications is creating opportunities for the industry. With rapidly expanding technology sector, regional manufacturing of semiconductors is taking pace. Increasing government and corporate spending on information & telecommunication technology (ICT) infrastructure is expected to bode well for the industry. This will encourage the semiconductor manufacturers to implement newer technologies such as electronic design automation to increase productivity and efficiency, thus propelling the market growth.

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The automotive industry, particularly the electric vehicles segment, is anticipating a lucrative future, and so is the demand for smart devices. As a result, several manufacturers have upped their innovation efforts to provide customers with unique in-car features. For example, BYTON's EVs offer high-speed connectivity, the industry's first shared screen display, and a full-dash screen that offers unmatched digital experience. Manufacturers like BYTON that combine digital technology with automotive designs will continue to drive the computer engineering market growth in the coming years.

Several data center companies are implementing FPGAs in the facilities to offload and accelerate specific services such as computationally intensive workloads which is driving the computer engineering market. These devices, when reconfigured for different tasks after manufacturing, are being used in telecom gear, industrial systems, automotive, and military and aerospace applications. With ongoing technological advancements, modern FPGAs with large gate arrays, memory blocks, and fast IO, which are suitable for a wide range of tasks have seen a rise in the demand. The industry is observing the emergence of hyper-scale data centers, which are based on densely packaged servers. This shrinking form of data centers is driving the need to deploy FPGAs on a large scale in such facilities, thereby providing an impetus to the market.

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