Press release
Embedded Software Market 2018 Global Key Players: Intel, Microsoft, Microchip Technology, Mitsubishi Electric, STMicroelectronics, Green Hills Software, IBM, Emerson Network Power
Embedded Software Global Market - Overview
Embedded software is the special programming on a chip in an embedded device to control its functions. Growing demand for consumer electronic devices and high investment in R&D by the core companies is playing very important role in the growth of embedded software market. Technological advancement and industrialization is also one of the major important factor driving the market growth. Also, high demand for multimedia products and computing devices such as laptop and computer are also helping the market to grow. Growing concept of machine to machine communication, growing market of smart cities, IoT and high development in telecommunication is also one of the major factor behind the growth of embedded software market. IoT is an important driver which is creating huge demand for portable semiconductor equipment’s, sensors and other micro devices which is in return driving the market of embedded software. Increasing adoption f cloud computing and high development in energy and power industry is anticipated to boost the market of embedded software.
Also, high integration of technologies with the current manufacturing infrastructure is also expected to drive the market during the forecast period.
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Segments:
The Global Embedded software market has been segmented on the basis of programming languages and applications. Programming language consists of C, C++, Assembly Language, Java, .Net and others. The applications can be segmented as Consumer Electronics, Healthcare, Automotive and Radio & Satellite Devices among others.
Key Players
The prominent players in the market of Embedded Software Market are – Enea Software AB ( Sweden), Green Hills Software (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Microsoft Corporation(U.S.), Advantech Industrial Computing India Pvt. Ltd (Taiwan), Emerson Network Power(U.S.), Microchip Technology Inc. (U.S.), Mitsubishi Electric Corporation(Japan) and STMicroelectronics(Switzerland) among others.
Market Research Analysis:
Market Research Future Analysis shows that the low level programming languages such as C or assembly languages are being extensively used by the programmers of embedded software to cope up with the constraints of performance and cost. The C language has a quick run time as compared to other languages such as java which facilitates its use in embedded software. C language supports easy access to input and output and facilitates the use of embedded software by the management. C combines the functionality of assembly languages and features of high level languages such as java and .net which makes it suitable for embedded software. The embedded software developed in C language are easy to understand, maintain and change according to the needs of the hardware. The object oriented languages such as C++ are not widely used as compared to the traditional C programming language.
Geographically, North America is expected to grow with the existence of large number of industries for consumer electronic goods and automobile manufacturers in the region. The region also has major vendors for embedded software such as IBM Corporation, Intel Corporation among others. Europe region is spending tremendously on commercial embedded software solutions such as operating systems, development tools, modeling and testing tools among others. Asia pacific region is expected to grow with existence of large number of fabrication plants in the nations such as India and China.
Industry News
December, 2017, MATRIXX Software today announced the availability of MATRIXX Digital Commerce on the Google Cloud Platform. A comprehensive solution, MATRIXX Digital Commerce is a single platform that brings together traditionally separate functions including: product lifecycle management, customer engagement, service delivery and monetization. By offering this innovative cloud-deployment capability, MATRIXX Software now makes it possible for Communications Service Providers (CSPs) to leverage the benefits of Google Cloud for rapid digital transformation. MATRIXX Software chose Google Cloud because of its unique ability to provide telco-grade scalability and performance with network-grade application and security support, embedded analytics, and a level of price performance that provides a new benchmark of economics for telco transformation and operations.
December, 2017, Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Dibotics, a pioneer and leader in real-time 3D LiDAR processing, today announced their collaboration to develop an automotive-grade embedded solution for LiDAR processing used in advanced driver assistance systems (ADAS) and automated driving applications. The jointly-developed solution will enable system manufacturers to develop real-time 3D mapping systems with high level functional safety (FuSa) and low-power consumption. LiDAR processing today requires an efficient processing platform and advanced embedded software. By combining Renesas’ high-performance image processing, low-power automotive R-Car system-on-chip (SoC) with Dibotics’ 3D simultaneous localization and mapping (SLAM) technology, the companies deliver a SLAM on Chip.
December, 2017, ANSYS has launched a collaboration with Innovation Works, the Pittsburgh region’s top investor in seed-stage technology companies, to provide free, high-end simulation software to startups. With the collaboration, ANSYS puts the speed and power of their simulation software suite into the hands of startups who otherwise could not afford the sophisticated software but who greatly need its capabilities and flexibility to bring new products to life. The collaboration with Innovation Works combines with other new programs and products ANSYS has rolled out in recent months aimed at assisting startups. It also honors the company’s roots: ANSYS received very early funding from Innovation Works’ predecessor organization, the Ben Franklin Technology Partner of Southwestern PA, at the company’s inception.
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Intended Audience
• Software providers
• System integrators
• IT service providers
• Automobile manufacturers
• Third party suppliers
• Hardware manufacturer
• End users
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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