Press release
Embedded Software Market Competitive Outlook | Intel Corporation,IBM Corporation,Advantech, Dexcel Electronics Designs, ENEA Software AB, Express Logic, Green Hills Software, HCL Technologies Limited
The Asia Pacific embedded software market is projected to exhibit a CAGR of over 10% during the forecast period. The market growth is attributed to factors such as increased adoption of Real-time Operating System (RTOS) software in embedded systems catering to business requirements of customers in various industry verticals such as manufacturing and aerospace. The advancements in the field of embedded systems and vehicular technologies have simplified the process of sending and receiving real-time information about vehicle systems. This will also lead to an increase in the adoption of embedded systems in the automobile sector.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467728/
The Embedded Software market is expected to surpass USD 20 billion by 2025. The major market drivers are a rise in the IoT adoption, increase in governments? support for digitalization, and advancements in artificial intelligence & machine learning technologies. The increase in the demand for embedded OS in the automotive sector for enhanced in-vehicle infotainment systems, such as navigation, adaptive cruise control, parking assistance, and airbag, is also supporting the market growth. The growing demand for electric & hybrid vehicles to reduce the carbon footprint is also contributing significantly to the embedded software market growth.
The Android OS market is expected to grow at the fastest CAGR of over 12% over the forecast period due to the availability of open-source code for embedded developers. Embedded-Android offers several advantages over proprietary embedded OS such as a stable kernel, no licensing fees, and a vast library of open source codes & device drivers. The android-embedded OS is playing a key role in controlling & managing IoT devices from smartphones and tablets. A large & growing community of Android developers is taking advantage of the open-source OS for providing diversified IoT solutions for applications such as smart city, transportation, and agriculture.
The embedded OS adoption in the automotive industry is driven by an increase in the demand for real-time systems to match the increasing complexities of ECUs and microcontrollers used in automobiles. The compactness of embedded devices helps in easy installation in small vehicle spaces and can be deployed for features such as altering octane levels in fuel, adjustment of suspension, security systems, and anti-lock braking systems. Hybrid & electric vehicles are using embedded software for increasing fuel efficiency and controlling emission. The increasing demand for autonomous & connected vehicles is also supporting the market growth. In January 2017, Arm Limited partnered with OpenSynergy to develop the industry?s first software hypervisor for ARM cortex R52 processor to address software issues in autonomous cars. This product development enabled the company to consolidate several safety critical functions in ECUs to reduce complexities and operational costs.
The VxWorks OS held the highest share of the embedded software market in 2018 due to the increase in the number of drones & autonomous systems. VxWorks powers a variety of unmanned & autonomous systems with a high level of safety and cost-effectiveness. It is used with diversified hardware components such as communication & network devices, testing & measuring devices, computer peripherals, automotive systems, and consumer products. The OS is also used by the spacecraft industry. Some of the examples are Deep Space Program Science Experiment, Mars Reconnaissance Orbiter, Phoenix Mars Lander, and Deep Impact space probes.
The standalone embedded system held the highest share of over 70% in the embedded software market in 2018. A standalone embedded system is simple and less complex and performs the execution of tasks on its own without depending on any other components. The embedded systems are commonly used in consumer electronics, automobiles, and process control industries to perform inter-communication between devices without the help of any host network. The increase in the demand for the consumer electronics industry is anticipated to augment the growth of the market. The rise in applications of smart wearables and smartphones is also projected to drive the growth of the embedded software market during the forecast period.
The surge in the demand for embedded software in consumer electronics is another factor driving market growth. Advancements in the technology have transformed the consumer electronics industry from standalone & single-functioned devices into converged, feature-rich, complex, upgradable, and network-connected devices. Consumer devices, such as personal computers, smart TVs, mobiles, tablets, smartphones, and enhanced home automation systems, depend on embedded communication and network systems that include Wi-Fi, cellular base stations, and backbone internet servers & routers. Consumer electronics companies are developing innovative & compact products in sync with the embedded software to gain a competitive advantage.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467728/
The companies operating in the embedded software market are enhancing their capabilities through strategic acquisitions. For instance, in November 2017, SEGGER acquired the assets of Somnium Technologies, a company based in the UK. The IP assets acquired by SEGGER included Somnuim's patent portfolio. The company's intention was to give Somnium customers an opportunity to give final orders for licenses of Somnium's DRT products as well as buy-outs of the technology to anybody. The electronics manufacturers are extending their support for embedded OS for the development of high-performance industrial equipment. For instance, in October 2017, Renasas Electronics enabled long-term support for embedded industrial Linux developers with the new RZ/G Linux platform. The new platform provides a Linux package with cloud-maintenance and development options that make it easy for embedded developers to leverage the OS for high-performance industrial equipment.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Embedded Software Industry Insights
Chapter 4. Competitive Landscape
Chapter 5. Embedded Software Market, By Operating System
Chapter 6. Embedded Software market, By Function
Chapter 7. Embedded Software market, By Application
Chapter 8. Embedded Software Market, By Region
Chapter 9. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/embedded-software-real-time-operating-system-rtos-market
Related Report:
Global Embedded Software Market Size, Status and Forecast 2019-2025
This report focuses on the global Embedded Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Embedded Software development in United States, Europe and China. Embedded software is a piece of software that is embedded in hardware or non-PC devices. It is written specifically for the particular hardware that it runs on and usually has processing and memory constraints because of the device's limited computing capabilities. Examples of embedded software include those found in dedicated GPS devices, factory robots, some calculators and even modern smartwatches.
https://www.marketstudyreport.com/reports/global-embedded-software-market-size-status-and-forecast-2019-2025
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Embedded Software Market Competitive Outlook | Intel Corporation,IBM Corporation,Advantech, Dexcel Electronics Designs, ENEA Software AB, Express Logic, Green Hills Software, HCL Technologies Limited here
News-ID: 1966537 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Embedded
PayNXT360 Expects the Belgium Embedded Finance Market to Reach US$1,039.7 millio …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 44.9% on annual basis to reach US$1,039.7 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.6% during 2022-2029. The embedded finance revenues in the country will increase from US$1,039.7 million in 2022 to reach US$3,530.7 million by 2029.
This report provides…
According to PayNXT360's Q4 2021 Embedded Finance Survey, the Embedded Finance I …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 42.5% on annual basis to reach US$4,700.8 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.2% during 2022-2029. The embedded finance revenues in the country will increase from US$4,700.8 million in 2022 to reach US$15,878.2 million by 2029.
This report provides…
The Denmark Embedded Finance Market is Expected to Record a Growth of 29.5% in 2 …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 29.5% on annual basis to reach US$659.3 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 18.0% during 2022-2029. The embedded finance revenues in the country will increase from US$659.3 million in 2022 to reach US$1,617.8 million by 2029.
This report provides…
Embedded Processor Market
The recent report published by Reports and Data comprises of an in-depth assessment of the Global Embedded Processor Market. It assesses the ever-changing market dynamics and overall development of the industry. The report is fabricated with thorough primary and secondary research and is updated with the latest and emerging market trends to offer the readers opportunities to capitalize on the current market environment. For a thorough analysis, the market has…
The Merchant Embedded Computing Market: Advantech, Kontron, Abaco, Artesyn Embed …
MarketResearchReports.Biz adds “Global The Merchant Embedded Computing Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the The Merchant Embedded Computing market and the growth estimates for the forecasted period.
This report studies the global The Merchant Embedded Computing market status and forecast, categorizes the global The Merchant Embedded Computing market size (value & volume) by manufacturers, type, application, and…
Embedded System Market (Standalone Embedded Systems, Real Time Embedded Systems, …
Embedded systems is a field derived through a combined study of software and hardware. Both aspects come together to create a functional targeting device that possesses the advantages of adaptability, speed, accuracy, reliability, power, and smaller size. Embedded systems possess a wide array of utility in the fields of mobile communication, electronic payment solutions, railways, aeronautics, and automobiles. They can be designed for specific applications in each field and can…
