1、TMCRITICALEMBEDDED SYSTEMSwww.VITA.com2024 State of the VITA Technology IndustryJuly 2024Disclaimer:The views expressed here are solely those of the author in his private capacity and do not in any way represent the views of VITA.1 State of the VITA Technology IndustryJuly 2024Copyright 2024 VITA.Al

2、l rights reserved.Permission for reuse is granted with attribution.VME,Critical Embedded Systems,VPX,OpenVPX,VPX REDI,VXS,FMC,FMC+,XMC,XMC+,VNX,VNX+,and Reliability Community logos are trademarks or registered trademarks of VITA.Other names and brands may be claimed as the property of others.State o

3、f the VITA Technology IndustryJuly 2024by:Ray Alderman,Chairman of the Board,VITAContentsIntroduction .1Economic Conditions .1Technology.4Military.8Mergers and Acquisitions 10Summary .11This report provides the reader with updates on the state of the VITA Technology industry in particular and of the

4、 board and system industry in general,from the perspective of Ray Alderman,the Chairman of the Board of VITA.VITA is the trade association dedicated to fostering American National Standards Institute(ANSI)accredited,open system architectures in critical embedded system applications.The complete seri

5、es of reports can be found at Market Reports.(www.VITA.com/VITA_Technology_Industry)IntroductionEconomic conditions are still rattling around and the companies with weak business models are failing.That includes the electric vehicle(EV)market.Artificial Intelligence(AI)has displaced all the other te

6、chnologies in the news.We are seeing AI taking over segments in the entertainment industry and spreading across many military platforms.High interest rates and slow GDP growth has put a damper on M&A activity.And there are some new doomsday scenarios you need to know about.Economic ConditionsThe glo