Global Computer Engineering Market Growth (Status and Outlook) 2024-2030
The Computer Engineering market was valued at USD 160.11 Billion in 2023, with a growing trend due to the increasing demand for computer hardware and software engineering services
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Introduction
Computer Engineering is a discipline that integrates several fields of computer science and electronics engineering required to develop computer hardware and software.
Engineers usually have training in electronic engineering (or electrical engineering), software design, and hardware-software integration instead of only software engineering or electronic engineering. Computer engineers are involved in many hardware and software aspects of computing, from the design of individual microcontrollers, microprocessors, personal computers, and supercomputers to circuit design. This field of engineering not only focuses on how computer systems themselves work, but also how they integrate into the larger picture.
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Market Insights
According to the Publishers latest study, the global Computer Engineering market size was valued at US$ 1601140 million in 2023. With growing demand in downstream market, the Computer Engineering is forecast to a readjusted size of US$ 2128280 million by 2030 with a CAGR of 4.1% during review period.
Key Features:
The report on Computer Engineering market reflects various aspects and provide valuable insights into the industry.
Trends:
Shift Towards Specialization and Interdisciplinary Approaches: Computer engineering is evolving from a standalone discipline to a more interdisciplinary field, with professionals increasingly specializing in areas such as cybersecurity, artificial intelligence, internet of things (IoT), and cloud computing.
Growing Emphasis on Sustainable and Energy-Efficient Computing: There is a rising focus on developing computer systems and components that are more energy-efficient and environmentally sustainable, driven by concerns about climate change and the need for greener technologies.
Adoption of Agile and DevOps Methodologies: The computer engineering industry is embracing agile development and DevOps practices, which prioritize collaboration, continuous integration, and rapid deployment to enhance the efficiency and responsiveness of software and hardware development.
Increased Demand for Skilled Professionals in Emerging Technologies: As new technologies like quantum computing, neuromorphic engineering, and advanced robotics continue to evolve, the demand for specialized computer engineering talent in these areas is growing rapidly.
Convergence of Hardware and Software Disciplines: The traditional boundaries between hardware and software engineering are blurring, with computer engineers increasingly required to possess a deep understanding of both domains to address the complex challenges of modern computing systems.
Drivers:
Rapid Technological Advancements: The rapid pace of technological innovation, particularly in areas such as artificial intelligence, internet of things, and cloud computing, is fueling the demand for highly skilled computer engineers.
Increasing Adoption of Automation and Digitalization: The widespread adoption of automation and digitalization across industries, including manufacturing, healthcare, and finance, is creating a strong demand for computer engineering expertise to design, implement, and maintain advanced computing systems.
Growing Emphasis on Cybersecurity: The escalating threat of cyber attacks and the need to protect critical infrastructure and sensitive data have led to a surge in the demand for computer engineers specializing in cybersecurity.
Expansion of the Global Electronics and Semiconductor Industries: The continuous growth and evolution of the electronics and semiconductor industries, which are heavily reliant on computer engineering expertise, are driving the overall market expansion.
Rising Investments in Research and Development: Government and private sector investments in research and development related to emerging computing technologies, such as quantum computing and neuromorphic engineering, are contributing to the growth of the computer engineering market.
Opportunities:
Emerging Markets and Developing Economies: Developing regions, such as Asia-Pacific and Latin America, offer significant growth potential as these economies continue to invest in technology infrastructure and digital transformation.
Interdisciplinary Collaboration: The convergence of computer engineering with other disciplines, such as biomedical engineering, materials science, and renewable energy, creates opportunities for computer engineers to contribute to the development of innovative solutions.
Sustainability and Energy-Efficient Computing: The increasing focus on sustainable and energy-efficient computing presents opportunities for computer engineers to develop new technologies and systems that reduce the environmental impact of computing.
Expanding Applications of Emerging Technologies: The growing applications of emerging technologies, such as quantum computing, neuromorphic engineering, and advanced robotics, offer unique opportunities for computer engineers to contribute to cutting-edge developments.
Lifelong Learning and Skill Development: The rapid pace of technological change requires computer engineers to continuously upskill and adapt, creating opportunities for educational institutions, training providers, and professional development programs.
Threats:
Intense Competition and Talent Mobility: The competitive landscape in the computer engineering field is fierce, with companies vying for the best talent, leading to high employee turnover and mobility.
Rapid Obsolescence of Technologies: The fast-paced nature of technological advancements can quickly render certain computer engineering skills and knowledge obsolete, requiring continuous learning and adaptation.
Regulatory and Compliance Challenges: Evolving regulations, particularly in areas like data privacy, cybersecurity, and environmental sustainability, can create additional compliance challenges for computer engineering organizations.
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Manmayi Raval
Research Consultant
Market Size and Growth: The research report provide an overview of the current size and growth of the Computer Engineering market. It may include historical data, market segmentation by Type (e.g., Personal Computer, Supercomputers), and regional breakdowns.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Computer Engineering market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Computer Engineering market. It includes factors influencing customer ' purchasing decisions, preferences for Computer Engineering product.
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Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Computer Engineering market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Computer Engineering market. The report also evaluates the effectiveness of these policies in driving market growth.
Market Forecasts and Future Outlook: The global computer engineering market is expected to continue its robust growth trajectory in the coming years, driven by the rapid advancements in technology, the increasing adoption of automation and digitalization across industries, and the growing emphasis on cybersecurity and sustainable computing.
Market Segmentation:
Computer Engineering market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Personal Computer
Supercomputers
Mobile Computer Hardware
Server Computer Hardware
Built-in Computer
Microelectronic Components
Others
Segmentation by application
Automotive
Communication System
Industrial
Medicine
Consumer Computer Equipmet
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Advantest Corporation
Advint (Advanced Integration)
Ansys
ARM Holdings
Astronics Corporation
Autodesk
Averna Technologies
Cadence Design Systems
Marvell
Cobham
Cypressmiconductor Corporation
Dassault Systemes
Future Technology Devices International (FTDI Chip)
Infineon Technologies
Intel Corporation
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Computer Engineering Market Size 2019-2030
2.1.2 Computer Engineering Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Computer Engineering Segment by Type
2.2.1 Personal Computer
2.2.2 Supercomputers
2.2.3 Mobile Computer Hardware
2.2.4 Server Computer Hardware
2.2.5 Built-in Computer
2.2.6 Microelectronic Components
2.2.7 Others
2.3 Computer Engineering Market Size by Type
2.3.1 Computer Engineering Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Computer Engineering Market Size Market Share by Type (2019-2024)
2.4 Computer Engineering Segment by Application
2.4.1 Automotive
2.4.2 Commnication System
2.4.3 Industrial
2.4.4 Medicine
2.4.5 Consumer Computer Equipmet
2.4.6 Others
2.5 Computer Engineering Market Size by Application
2.5.1 Computer Engineering Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Computer Engineering Market Size Market Share by Application (2019-2024)
3 Computer Engineering Market Size by Player
3.1 Computer Engineering Market Size Market Share by Players
3.1.1 Global Computer Engineering Revenue by Players (2019-2024)
3.1.2 Global Computer Engineering Revenue Market Share by Players (2019-2024)
3.2 Global Computer Engineering Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Computer Engineering by Regions
4.1 Computer Engineering Market Size by Regions (2019-2024)
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