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Global intelligent systems market: 16% CAGR between 2012-2016

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Global Intelligent Systems Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-05 20:04:03
The Global Intelligent Systems market is to grow at a CAGR of 16.07 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid development of ecosystems. The Global Intelligent Systems market has also been witnessing the increasing demand from emerging economies. However, the high ASPs of intelligent systems could pose a challenge to the growth of this market.

Telecom service providers are looking to increase their customer base and penetration to achieve higher revenue. The Telecom sector is one of the key customer segments in the Global Intelligent Systems market as telecom firms extensively use intelligent systems to improve bandwidth and facilitate faster internet access. Moreover, in many countries, investments in the Telecom sector have grown tremendously, in line with developments in high-speed internet technologies.

Over the years, the significant increase in the penetration of PCs, mobile phones, consumer electronics devices, and embedded systems across the world has led to considerable opportunities for the adoption of intelligent systems, thus becoming the major driver in the Global Intelligent Systems Market. Some of the potential areas of application for intelligent systems include building and structure (as a part of intelligent cities), smart appliances, home networks, point of sale (POS), kiosks, healthcare, transportation and logistics, network infrastructure, and security through sensors and video surveillance. All these applications are expected to increase the growth prospects of the market during the forecast period.

The key vendors dominating this market space are Texas Instruments Inc., Freescale Semiconductors Inc., Infineon Technologies Inc., and Intel Corp. The other vendors mentioned in the report are Apple Inc., Atmel Corp., Broadcom Corp., Cavium Inc., Fujitsu Ltd., IBM Corp., Marvell Technology Group Ltd., MediaTek Inc., Microchip Technology Inc., NetLogic Microsystems Inc., NXP Semiconductors N.V., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., ST-Ericsson, and Toshiba Corp.

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