Embedded Software Market Size by Key Players: IBM, Infineon, Intel, Xilinx, Johnson, LG CNS, Microsoft, Mitsubishi, NXP, RadiSys

The dynamic world today, driven by ‘smart’ technologies, demand for precise and real time operations in every aspect, without any delays. The demand for real time operating systems across various industries such as Automotive, Consumer Electronics, Healthcare, Military & Defense, Telecommunication, etc. is creating a huge scope for the Real time operating systems or the Embedded software market. As per Global Market Insights, Inc., “the global embedded software or the real-time operating system (RTOS) market worth USD 10.46 billion in 2015, is forecast to surpass a revenue of USD 18.60 billion by 2023.”

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/478

It is estimated that by the end of 2022, nearly all the cars will be connected to the cloud. This will lead to automotive sector contributing towards a significant share of the embedded software market. The RTOS enables the car with features like internet based services, navigation, data communication systems such as keyless entry, infotainment, etc. Moreover, it also looks after the security aspects of the vehicle by monitoring airbags, tire inflation, and ABS (antilock braking systems). In addition to this, the rising trend of electric and hybrid electric vehicles will also boost the RTOS market size in the automotive sector. RTOS application in the automotive sector is estimated to grow at a CAGR of 8% over 2016-2023.

The growing trend of wearable smart devices will also proliferate the embedded software market growth. Wearable devices encompass a bunch of sectors such as healthcare, security, etc. and will therefore bring immense opportunities on the board for the RTOS market players. All these sectors strive for product efficiency as well as optimum resource utilization, needing a simple system to deal with the complexities, thereby boosting the RTOS industry share. Growth in the consumer electronics industry owing to the surging demand for electronics devices like Tablets, Smartphones, laptops, etc. will further accelerate the embedded software market size. Embedded software application in the consumer electronics industry is estimated to surpass USD 4 billion by 2023.

The RTOS system is programmed by using five popular languages such as C, Assembly, C++, Java, .NET. Out of these programming languages, C accounted for the major share in the previous years and is expected to continue dominating the market over the coming period. C enables direct access to the API (application program interface) and has a comparatively quick run-time, which make this language popular over the others. Embedded software implementation through C language is anticipated to register a CAGR over 2016-2023.

Browse Full Report @ https://bit.ly/1UFnqXh

The global market for embedded software is quite promising. The US market accounted for over 68% of the overall industry share in 2015, and is likely to dominate the industry over the coming years. A large industry base across this region makes it a lucrative ground for RTOS market. The Asia Pacific embedded software market, primarily led by India and China, is projected to grow at a CAGR of 8.5% over the coming seven years.

The growing IoT industry which itself has limitless potentials, will bring immense growth opportunities for the RTOS/embedded software market players. The RTOS will reduce the complexities which the developers face while designing the various IoT products. The industry will witness various mergers & acquisitions and strategic collaboration to improve their product range and quality. For instance, a recent collaboration was the acquisition of Micrium RTOS by Silicon Labs to bet on IoT landscape. Some of the key market players holding a significant share in this business space are Altera, IBM, Infineon, Johnson Matthey, LG CNS, Intel, Xilinx, Mentor Graphics, Express Logic, Advantech, ENEA, Green Hills Software, and Microsoft. The envision of a smart connected world will be well accompanied by the embedded software market growth over the coming timeframe.

Partial Chapter of the Table of Content

Chapter 3 Embedded Software Industry Insights

3.1. Industry segmentation

3.2. Industry Size and forecast, 2012 - 2023

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.4. Industry Impact forces

3.4.1. Growth drivers

3.4.1.1. Efficient power optimization & high cost savings

3.4.1.2. Increasing demand from automotive industry

3.4.1.3. Rising adoption of smart devices

3.4.2. Industry pitfalls & challenges

3.4.2.1. Safety and security issues

3.5. Growth potential analysis

3.6. Porter's analysis

3.7. Competitive landscape, 2015

3.7.1. Strategy overview

3.8. PESTEL analysis

3.9. Embedded system market size, 2012 - 2023

3.10. Embedded operating system market share, 2015

3.10.1 Commercially-licensed RTOS

3.10.2 Open source RTOS

3.10.3 Open source Linux

3.10.4 Commercial Linux

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.