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Market Research Reports : Transparency Market Research published new market report "Embedded SystemMarket -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018", the market was valued at USD 121 billion in 2011, which is expected to reach USD 194.27 billion by 2018, growing at a CAGR of 6.8% from 2012 to 2018.Increasing demand for smart devices such as smart electricity and water meters is a significant driving force for the market. Smart meters facilitate monitoring and management of energy consumption and ensure two-way communication with the utility. The usage of multicore processors in embedded systems in order to facilitate low power consumption and higher efficiency is also a major growth driver.
Browse the full report at http://www.transparencymarketresearch.com/embedded-system.html