Scope of the Study
Embedded software is the computer software which is written to control the machines or devices. Unlike application software, that can be installed on a variety of computer systems and can be modified to provide different levels of functionality, embedded software cannot run on other devices. This software is created for the particular device that it runs on, with processing and memory restrictions tied directly to that device’s specifications. It is designed for electronics of cars, telephones, modems, robots, appliances, toys, security systems, pacemakers, televisions and set-top boxes, and digital watches.
The market study is being classified, by Application (Automotive, Consumer Electronics, Manufacturing, Retail, Media & Entertainment, Military & Defence and IT & Telecom) and major geographies with country level break-up.
Microsoft (United States), IBM (United States), Intel Corporation (United States), STMicroelectronics (Switzerland), Altera (United States), Infineon (Germany), Advantech (Taiwan), ENEA (Sweden), Green Hills Software (United States), Renesas Electronics Corporation (Japan), Texas Instruments (United States) and NXP Semiconductors (Netherlands) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Embedded Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Embedded Software market by Type, Application and Region.
On the basis of geography, the market of Embedded Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing usage of IoT enabled devices
- Increasing demand of electric and hybrid vehicles
- Rising demand of embedded OS in automotive sector
- Increasing demand for embedded software in consumer electronics
- Security issues associated with the embedded OS
- Advent and development of 5G embedded devices
- Technological Advancements are Boosting the Market
- Lack of skilled professionals
Market Leaders and their expansionary development strategies
In September 2019, Microsoft acquires Movere to help customers unlock cloud innovation with seamless migration tools.
On April 2020, Blackberry has launched QNX Black Channel Communications Technology. It is a new software solution that OEMs and embedded software developers can use to ensure safe data communication exchanges.
Key Target AudienceEmbedded systems developers, Government associations, Research organisations, Software vendors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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