Impact of COVID-19 on the Embedded Systems Market
Embedded systems are a combination of software and hardware that are designed for a specific function within a device or a more extensive system. The systems can have a fixed functionality or can be programmable. The primary factor responsible for the growth of the market is the increasing adoption of smartphones, desktops, laptops, and other consumer electronics across the globe. Embedded system devices are widely adopted by the healthcare sector, which is also driving the growth of the market. The COVID-19 pandemic has had a neutral impact on the embedded systems market. The world is struggling due to the COVID-19 pandemic, which originated in China and has spread across the globe. This has severely impacted the electronics industry, as the halt in operational activities has resulted in the disruption of production and supply chains of consumer electronic products. The COVID-19 pandemic is expected to have a significant impact on the electronics value chain as well as companies across the globe. The lockdowns imposed to curb the spread of COVID-19 have temporarily halted the manufacturing of electronic products.
On the flip side, the adoption of embedded medical devices during the COVID-19 pandemic is expected to sustain the growth of the market. Governments of various countries are realizing the need for better healthcare infrastructure, as the world is fighting against the pandemic. Handheld and portable medical devices, such as vital signs monitoring systems, make widespread use of embedded systems. Also, handheld self-examination devices help users to perform guided tests at home, which helps doctors in identifying COVID-19-infected patients. Moreover, it is essential to monitor the patients recovered from coronavirus. Embedded connected devices help in devising regular checkups at home and also help in sharing the reports with the respective doctors.
Worldwide Smartphone Users between 2016 and 2021