Embedded Software Market by Programming Languages, Operating System, Function, Application, and Region


Embedded Software Market size was valued at USD 14.45 Bn. in 2021 and the total Embedded Software revenue is expected to grow at 7.0% from 2022 to 2029, reaching nearly USD 24.83 Bn.

Embedded-Software-Market

Embedded Software Market research report offers a comprehensive analysis of the market outlook for 2022–2029, including the fastest-growing countries, industries, market sizes and shares, and growth requirements. A comprehensive overview of market size, share, trends, and industry features are provided in the Global Embedded Software Market Report with regard to all geographical regions. The report outlines the market's size, share, growth prospects, obstacles, stage of development, and the leading players' most recent growth strategies (sales value and volume, company profiles, and competitors). Defining distinct industry prospects, manufacturing cost structure, gross margin, the study of price trends, upstream and downstream analysis using SWOT and Porter's Five Forces analysis, and more.

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Embedded Software Market Key players:

• Microsoft Corporation
• IBM
• Infineon Technologies India Private Ltd
• Intel
• Mitsubishi Electric
• Xilinx
• Johnson Matthey
• LG CNS
• National Instruments
• Segger Microcontroller Systems
• NXP Semiconductors
• Radisys
• ENEA
• Green Hills Software
• Advantech
• Microchip
• STMicroelectronics
• Express Logic

The market size, segment size (mostly covering geography and segmentation), competitive environment, current situation, and development trends are the key topics of the report. A comprehensive examination of the supply chain and costs is also provided in the study. The product's performance will be further improved through technological innovation and progress, increasing its use in downstream applications. Studies on consumer behavior and market dynamics (drivers, restrictions, opportunities) also offer crucial information for comprehending the Embedded Software market.

Embedded Software Market size was valued at USD 14.45 Bn. in 2021 and the total Embedded Software revenue is expected to grow at 7.0% from 2022 to 2029, reaching nearly USD 24.83 Bn.

Increased demand for ADAS in Electric and hybrid vehicles driving the market growth.

Embedded systems are playing an essential part in the automobile industry's modernization. These technologies are utilized in ADAS technology, which is included in electric and hybrid vehicles/ automobiles. The growth of these vehicles resulted in the growth of the embedded system market. Additionally, these electric cars increase the need for electronic components, increasing the demand for embedded software Market Analysis. The increased awareness among the wider population about the deteriorating status of the environment has increased demand for hybrid and electric vehicles which has contributed to the development of the embedded system industry. According to a Bloomberg New Energy Finance report, electric car sales were 41 million in 2020, due to increasing demand for electronic components such as integrated hardware and software used in electric vehicles.

The vulnerability of embedded systems to cyber-attacks and security breaches is a key restraining factor for market growth.

The security of embedded devices is one of the primary concerns that restrict the growth of the embedded system industry. Memory, for example, is an embedded device that carries data that might be vital to armed forces, banks, data centers, and healthcare institutions. As a result, it is vital to protect such devices against cyber-attacks and security breaches. Some of the elements that make embedded systems vulnerable to assaults include irregular security upgrades, extended device lifecycles, remote deployment, and attack replication. As a result, the vulnerability of embedded systems to cyber-attacks and security breaches is expected to restrict the market growth.

 

Embedded Software Market Segmentation:

By Operating System, the General Purpose Operating System (GPOS) segment dominated the market with a 40% market share in 2021 and is expected to maintain its dominance at the end of the forecast period. A General Purpose Operating System (GPOS) is an essential element of any mobile device, server, or computer system that is in charge of executing all apps in an installation. GPOS platforms include Linux, Windows, and Mac OS. The demand is being driven by several characteristics provided by general-purpose operating systems, such as multiple task management, high security, high synchronization, and decreased latency. Major GPOSs, including Android, Linux, and Windows, are increasing their use in consumer electronics due to their high customization and user-friendly interface.

The Android OS segment in the GPOS market is expected to increase because of the increasing adoption of consumer electronics devices based on Android OS, such as smartphones, tablets, and wearable electronics. The number of active smartphone connections is expected to rise to 6 billion by 2022, according to the Mobile Economy 2021 study. The open-source platform, flexible user interface (UI), and massive application base of over three million Android Apps provide the Android OS various benefits over competing iOS and RTOS. High-end features, along with an increasing number of active users, are expected to increase the market growth.

The Real-Time Operating System segment is expected to grow substantially during the forecast period as it’s utilized in a wide range of industrial operations, including process control, avionics, and nuclear power plants. The majority of real-time operating systems operate on embedded systems, which are made up of bits of hardware that act as controllers for specific tasks within mechanical or electrical systems. RTOS is crucial for mechanical or electrical systems that require real-time operation since systems cannot run securely without Real-Time Operating System.

The global Embedded Software market report offers important data on the condition of the sector and is a useful resource for businesses and people who are interested in the market. Marketing channels and industry trends are examined in Embedded Software.Finally, the viability of new investment initiatives is evaluated, and general study findings are presented.

Regional Analysis:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • The MEA

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Key points of Embedded Software market report:

  • Pre-COVID and Post-COVID analysis with figures and numbers.
  • Major market trends latest growth opportunities and region-wise dynamics.
  • Key company comparisons and pricing analysis, features of different products, and their use.
  • Latest mergers and acquisitions, partnerships, expansion plans, and new product development of the market.
  • Companies import export data and market share for each key players.

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Published in

Technology , Business

Published on

Nov 25, 2022

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