Press release
Embedded Software Market to Witness Huge Growth by Leading Players: Qualcomm, National Instruments, HCL Technologies, Intel Corporation, IBM
Embedded Software Market
Embedded Software Market research report helps in gathering and analysing useful insights such as global market size, forecast and Compound Annual Growth Rate (CAGR) of a particular industry. It also helps in determining the market status, future prospects, growth opportunity, main challenges about the market for any industry. Embedded Software Market research report also provides complete analysis of the industry, current market trend, overview of the established market players, competitor analysis, for effective decision-making capabilities of the debutant and established entrepreneurs. It helps in streamlining the plan of action, before any new product launch and formulating respective marketing strategies.
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Embedded Software Market Key Players:
Qualcomm
National Instruments
HCL Technologies
Intel Corporation
IBM
VIA Technologies, Inc.
Microsoft Corporation
Infineon
Fujitsu Limited
Marvell
On Semiconductor
Broadcom
Silicon Laboratories
Advanced Micro Devices
Maxim Integrated
Nuvoton
Toshiba
In December 2019, NXP Semiconductors acquired Wi-Fi and Bluetooth connectivity businesses of Marvell for USD 1.8 billion. The all-cash buyout deal was made to provide complete, scalable processing, as well as improved connectivity solutions to its customers in different end markets.
In November 2019, Renesas introduced its new 32-bit RA series Arm Cortex M microcontrollers, thereby extending the 32-bit MCU range, which includes the RX series and Renesas Synergy Platform. The RA MCU have been designed to improve the performance, HMI, security, and connectivity of IoT devices used in metering, healthcare, and home-related applications.
Embedded Software Market size surpassed USD 13.5 billion in 2020 and is estimated to grow at 7.9% CAGR from 2021 to 2028.
Embedded software is written on computer chips and included in hardware systems. Once embedded and implemented into hardware, the software cannot be changed by users. This software is widely developed for special hardware that uses real-time OS like Windows CE, Lynx OS, Fusion RTOS, and Others.
An increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications are some of the factors that have supported long-term expansion for Embedded Software Market.
The COVID-19 pandemic impacted the embedded software market growth in the first half of the 2020. In early 2020, various regulatory bodies and governments imposed stringent lockdowns across the globe, which resulted into shutdown of several industries including consumer electronics, industrial, automotive, among others.
Asia Pacific is the leading embedded system market, globally. The growing per capita income and ongoing large-scale industrialization and urbanization are factors driving the growth of the embedded system market in the Asia Pacific (APAC) region.
Embedded Software Market: Table of Contents
Embedded Software Market is segmented into hardware, software, system size, application and region.
On the basis of Hardware
Application-specific Integrated Circuits (ASIC)
Microcontrollers
Microprocessors
Power Management Integrated Circuits (PMIC)
Field Programmable Gate Arrays (FPGA)
Digital Signal Processors (DSP)
Memories
On the basis of Software
Operating Systems
Middleware
By Functionality
Real-time Embedded Systems
Standalone Embedded Systems
On the basis of System Size
Small-scale Embedded Systems
Medium-scale Embedded Systems
Large-scale Embedded Systems
On the basis of Application
Automotive
Consumer Electronics
Industrial
Aerospace and Defense
Energy
Healthcare
Communication
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Embedded Software Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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