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Embedded Software Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-08-21 

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.

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.

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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.

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.

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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 5     Embedded Software Market, By Operating System

5.1    Key trends, by operating system

5.2    General Purpose Operating System (GPOS)

5.2.1    GPOS market revenue

5.2.2    Windows    Windows market revenue

5.2.3    Linux    Linux market revenue    Linux market revenue, by distribution

5.2.4    Android    Android market revenue

5.2.5    Others    Others market revenue

5.3    Real-Time Operating System (RTOS)

5.3.1    RTOS market revenue

5.3.2    VxWorks    VxWorks market revenue

5.3.3    QNX    QNX market revenue

5.3.4    FreeRTOS    FreeRTOS market revenue

5.3.5    ARM Mbed    ARM Mbed market revenue

5.3.6    Others RTOS    Others RTOS market revenue

5.4    Others

5.4.1    Others market revenue

Chapter 6    Embedded Software Market, By Function

6.1    Key trends, by function

6.2    Standalone system

6.2.1    Standalone embedded system market revenue

6.3    Real-time system

6.3.1    Real-time embedded system market revenue

6.4    Network system

6.4.1    Network system market revenue

6.5    Mobile system

6.5.1    Mobile system market revenue

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.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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