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Asia Pacific Embedded Software Market Report 2020-2025: Evolution Opportunities, Regional Trend and Growth Revenue

Author : Ronak Bora | Published Date : 2020-09-07 

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.

Embedded Software Market growth is stimulated by increase in the demand for smart & connected IoT devices in the healthcare industry. The medical industry has, of late, emerged as the fastest growing adopter of IoT-enabled embedded OS devices. Using real-time monitoring, these devices could help save lives in times of medical emergency like heart failure, high diabetes, asthma attacks, etc.

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Moreover, these devices can also collect and transfer health parameters like blood pressure, oxygen, blood sugar levels, weight and ECGs to the cloud and later share them with authorized personnel like doctors and insurance firms to take necessary steps. The development of advanced IoT-based medical devices like wearable fitness trackers would also help supplement growth of embedded software market from the medical industry.

Particularly in the medical sector, the Android OS has emerged as a vital force to reckon with. The software, although having gained prominence with its implementation in smartphones, has recently garnered immense traction in medical applications. With features like refined and modern GUI (Graphical User Interface), touch framework, advanced networking and communication offering, computational flexibility, and more, Android has emerged as a desired OS for medical device functioning.

Moreover, by leveraging embedded Android, manufacturers can develop highly connected, modern medical applications with greater ease. For instance, in 2019, a study in JMIR Medical Informatics stated that a new Android & Windows-based application was developed recently that could allow physicians to predict short-term risks associated with adverse outcomes and suggest necessary treatment options for patients with chronic obstructive pulmonary disease (COPD). Such trends of advancements are anticipated to further supplement embedded software market growth over 2019-2025.

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 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.

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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.

Table of Contents (ToC) of the report:

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Scope

1.1.2    Definitions

1.1.3    Methodology and forecast parameters

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

1.3    Abbreviations

Chapter 2     Executive Summary

2.1    Embedded software industry 3600 synopsis, 2014 – 2025

2.2    Business trends

2.3    Regional trends

2.4    Operating system trends

2.4.1    GPOS trends    Linux trends

2.4.2    RTOS trends

2.5    Function trends

2.6    Application trend

Chapter 3     Embedded Software Industry Insights

3.1    Introduction

3.2    Industry segmentation

3.3    Industry landscape, 2014-2025

3.4    Industry ecosystem analysis

3.5    Embedded software architecture analysis

3.6    Embedded software evolution

3.7    Embedded software standards

3.7.1    DO-178B

3.7.2    MISRA C

3.7.3    GENIVI

3.7.4    OSEK/VDX

3.8    Technology & innovation landscape    Virtual and augmented reality    Artificial Intelligence and machine learning    Internet of Things (IoT)

3.9    Industry impact forces    Growth drivers    Advancement in latest technologies of IoT, AI, and machine     learning    Increasing demand for embedded OS in the automotive sector    Rising significance and penetration of electric vehicles    Surge in demand for embedded software in consumer electronics    Industry pitfalls and challenges    Lack of skilled professionals    Safety & security issues of embedded OS

3.10    Porter’s Analysis

3.11    PESTEL Analysis

3.12    Growth potential analysis

 Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/embedded-software-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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