Press release
Embedded Software Market key players are: Advantech, Microsoft, Altera, ENEA, IBM, Infineon, Intel, Xilinx
Global Market Insights, Inc.
Embedded Software market was valued at over USD 10 billion in 2015 and is expected to grow at 7% till 2023. Increasing demand from sectors such as automobiles, consumer electronics, healthcare, telecommunication will boost the embedded software market share from 2016 to 2023.
The software is a part of embedded system being deployed in-vehicle infotainment services. It helps in providing enhanced monitoring system for safety measures used in automotive such as airbag, tire inflation, and antilock braking systems. It offers various features including entertainment, navigation, internet based services and external communications. Computer programming offers data communication with security measures such as remote keyless access and anti-theft systems. This leads to spur in real time operating system market in automotive sector.
Computer programming technology has ability to communicate with another device automatically which is concerned as high risk factor as it reduces the privacy. Minor failures in processors may pose a threat to an individual using the device which may hinder the industry growth.
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Top Key Players: -
Industry participants include Advantech, Altera, ENEA, Express Logic and Green Hills Software.
Other prominent industry partners are IBM, Infineon, Intel, Xilinx, Johnson Matthey, LG CNS, Mentor Graphics, Microsoft, Mitsubishi Electric, National Instruments, NXP Semiconductors, RadiSys, and Segger Microcontroller Systems.
Regional Segmentations: -
Europe embedded software market was valued at over USD 3 billion in 2015 and may witness a steady growth rate. Players in embedded software market include Altera, Express Logic, ENEA, Green Hills Software and, Advantech. Industry participants majorly focus on continuous innovations to provide customers with advanced and safe technology.
Partial Chapter of the Table of Content
Chapter 1 Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.2. Data sources
Chapter 2 Executive Summary
2.1. Embedded software industry 3600 synopsis, 2012 - 2023
2.1.1. Business trends
2.1.2. Application trends
2.1.3. Regional trends
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
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Rising adoption of electric vehicles and hybrid electric vehicles will lead to increase in embedded software market share. It makes use of highly developed applications in the vehicles thereby offering high speed data sharing with a proximity car, interoperability, software integration, and high performance. High compatibility of computer programming with internet protocol enables end user to control device remotely. These advanced features will enhance the embedded software market over the forecast timeline.
Automotive segment was valued over USD 1 billion in 2015 and is expected to grow by 8% CAGR during the forecast period. This can be attributed to rising demand from in-vehicle applications.
Increasing demand for smart wearables allows manufacturers to develop devices which will offer fast performance, high power efficiency, and high productivity. In addition, elevating consumer demand for smart devices such as smart phone, computers and tablets is expected to boost the embedded software market growth.
Technological advancements are projected to decrease the power consumption rate thereby reducing negative impact on natural resources. It saves energy by keeping hardware in sleep mode when not in use and identifies complex processes to allocate power supply accordingly. Saving energy will thereby enhance the growth rate for embedded software market from 2016 to 2023.
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
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