
An embedded system is a combination of software and hardware which together facilitate the accurate functioning of a target device. The significant characteristics of an embedded system are speed, power, size, accuracy, reliability and adaptability. Embedded systems can be defined as application-specific, special purpose systems and they are designed typically for meeting real time constraints. These systems are used across a diverse range of application areas which include automotive, space, aeronautics, rail, electronic payment solutions, and mobile communication among others. The global embedded system market has been segmented on the basis of functionality, microcontroller, applications and geography. A cross sectional study of the global embedded system market broadly across four geographical segments has also been covered under the scope of the study.