About Embedded Software
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Embedded Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft (United States), IBM (United States), Intel Corporation (United States), STMicroelectronics (Switzerland), Altera (United States), Infineon (Germany), Advantech (Taiwan), ENEA (Sweden) and STMicroelectronics (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Green Hills Software (United States), Renesas Electronics Corporation (Japan), Texas Instruments (United States), NXP Semiconductors (Netherlands) and Bosch Software Innovations (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Embedded Software market by , Application (Automotive, Consumer Electronics, Manufacturing, Retail, Media & Entertainment, Military & Defence and IT & Telecom) 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). If we see Market by Complexity of system, the sub-segment i.e. Small scale will boost the Embedded Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Function, the sub-segment i.e. Standalone System will boost the Embedded Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating system, the sub-segment i.e. General Purpose Operating System will boost the Embedded Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand of embedded OS in automotive sector and Increasing demand for embedded software in consumer electronics
Market Growth Drivers:
Growing usage of IoT enabled devices and Increasing demand of electric and hybrid vehicles
Challenges:
Lack of skilled professionals
Restraints:
Security issues associated with the embedded OS
Opportunities:
Advent and development of 5G embedded devices and Technological Advancements are Boosting the Market
Market Leaders and their expansionary development strategies
In May 2023, Siemens and SAP Partner to Develop Industrial IoT Solutions for Connected Factories. This strategic partnership combines Siemens' industrial expertise with SAP's cloud-based software solutions to create a comprehensive platform for optimizing factory operations and driving digital transformation.
In August 2023, The Khronos Group Releases Vulkan 1.3 API for Real-Time Graphics Applications: The Vulkan 1.3 API update optimizes graphics performance and efficiency, making it well-suited for real-time rendering in embedded systems.
Key Target Audience
Embedded systems developers, Government associations, Research organisations, Software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.