Computer Engineering Market is predicted to reach USD 3849.15 billion at a CAGR of 5% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Computer Engineering Market”.

The Computer Engineering market is estimated to register a CAGR of 5% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Computer Engineering market— Advantest Corporation, Advint (Advanced Integration), Ansys, ARM Holdings, Astronics Corporation, Autodesk, Averna Technologies, and Cadence Design Systems.

Computer Engineering Market Highlights

The global Computer Engineering Market is accounted to register a CAGR of 5% during the forecast period and is estimated to reach USD 3849.15 billion by 2032.

The market for computer engineering is expanding at a compound annual growth rate (CAGR) due to the growing threat of cyberattacks. The increasing need for advanced cybersecurity measures has resulted from the persistent development of malicious strategies. Advances in computer engineering are necessary to address the increased risks in cloud services, IoT devices, and networked systems, strengthening security against unauthorized access and data breaches. In order to avoid disruptions and protect digital ecosystems, cybersecurity practices must be integrated into the development of secure hardware and software solutions, encryption technologies, and proactive threat detection.

Segment Analysis

The global Computer Engineering market has been segmented based on product type, application.

Based on Product type, the global Computer Engineering market has been segmented into personal computer, supercomputers, mobile computer hardware, server computer hardware, built-in computer, microelectronic components, others. The personal computer segment was expected to hold the largest market share in 2022. This is a result of both the widespread use of consumer electronics and the demand for personal computers.

Based on application, the global Computer Engineering market has been segmented into Automotive, Communication System, Industrial, Medicine, Consumer Computer Equipment, and Others. The Automotive segment was anticipated to hold the major market share in 2022. This is due to cars are becoming more and more dependent on complex electronic systems for connectivity, safety, and navigation.

Regional Analysis

The global Computer Engineering market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Computer Engineering market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Computer Engineering market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Computer Engineering market comprises of Middle East, Africa, and Latin America.

The largest market share for Computer Engineering was maintained by the North American regional sector. The emergence of biodiverse cultures and the growth of industrial automation are to blame for this. Growing concerns over greenhouse gas emissions and expanding battery technologies are anticipated to propel the North American regional market.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for Computer Engineering is driven by robust ecosystem that encourages research and innovation as well as the growing need for cutting-edge technological solutions. In addition, the European market for computer engineering with the biggest market share belonged to Germany, while the market with the fastest growth rate was the UK.

Additionally, the growth in the manufacturing sector and the expansion of renewable energy generation capacity can be attributed to the increased spending by the government. The growing automation of industrial equipment will most likely be the driving force behind industry demand. In addition, the computer engineering market in China accounted for the greatest portion of the Asia-Pacific market, while the market in India grew at the fastest rate.

Furthermore, the rest of the world's Computer Engineering market is divided into the Middle East, Africa, and Latin America. This growth is attributed to rising economic development, growing cyber threats, and adoption of the IoT.

Key Findings of the Study

• The global Computer Engineering market is expected to reach USD 3849.15 billion by 2032, at a CAGR of 5% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to rapid urbanization and increasing cyber security in countries like China and India leading to increased market


• Based on application, the automotive segment was attributed to holding the largest market in 2022, with an approximate market share of 33%.


• Advantest Corporation, Advint (Advanced Integration), Ansys, ARM Holdings, Astronics Corporation, Autodesk, Averna Technologies, Cadence Design Systems, Marvell, and Cobham.