Embedded Software Market to cross USD 19 billion by 2024 - PowerPoint PPT Presentation

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Embedded Software Market to cross USD 19 billion by 2024


Request Sample of Report @ The embedded software market is driven by a surge in the adoption of IoT-enabled devices that helped the enterprises to offer enhanced connectivity & technological solutions and handle large-scale data used in complex architectures such as aircraft, drones, and autonomous cars. An increase in the demand for smart and connected devices in the automotive & healthcare industry is projected have a positive impact on the market. The healthcare industry is one of the fastest industries to adopt IoT-enabled embedded OS into medical devices, helping the medical personnel to improve the quality and effectiveness of services offered to their patients. – PowerPoint PPT presentation

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Title: Embedded Software Market to cross USD 19 billion by 2024

Embedded Software Market Explores New Growth
Opportunities from 2018 to 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Embedded Software Market
  • Global Embedded Software Market was estimated at
    over USD 11 billion in 2017, and is set to reach
    USD 19 billion by 2024 according to a new
    research report by Global Market Insights, Inc.
    The embedded software market growth is attributed
    to the increasing adoption of smart devices in
    the consumer electronics and healthcare sector.
    The deployment of IoT technologies in smart and
    connected devices has enabled the end user to
    establish cross-device connectivity and implement
    smart features in operating systems. The use of
    IoT-enabled OS assists the user to control the
    home appliances remotely through
  • The increase in demand for open-source Linux
    software and open-source RTOS software is
    expected to offer lucrative growth to the
    embedded software market. As per GMI analysis,
    the worldwide shipment of open-source real-time
    operating systems has increased by 8.5 in 2017
    as compared to 2016. The use of real-time systems
    enables the user to develop functional firmware
    in highly compressed timescales.

  • The RTOS segment in embedded software market is
    projected to register a CAGR of more than 11 due
    to a surge in the demand for special-purpose
    hardware using real-time systems such as ThreadX,
    Windows CE, Fusion RTOS, LynxOS, and VxWorks.
    The RTOS-enabled software uses a round-robin
    scheduling process that reduces the hog in the
    CPU and performs an error-free process in
    real-time. Such systems offer mission-critical
    and safety-critical applications to various
    industry verticals such as military, healthcare,
    manufacturing, and the automotive sector.
  • The standalone system held a market share of more
    than 73 in 2017. The growth in this segment is
    attributed to an increase in the demand for the
    traditional system by a majority of end users
    present in the embedded software market. Such
    systems can function autonomously without any
    help from the host computer as it encompasses its
    own OS software, user-created files, and virtual
    memory space. Further, the system can share the
    information with other systems on the network
    even if it is detached from the network. Digital
    cameras, video games consoles, mp3 players, and
    temperature measurement systems are some of the
    major applications of standalone systems.

China Embedded Software Market Share, By
Application, 2017


Browse Full Market Research Report On Embedded
Software Market_at_ https//bit.ly/1UFnqXh
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  • The real-time system in embedded software market
    is projected to register the highest growth with
    a CAGR of more than 12 during the forecast
    period. The growth in this segment is attributed
    to error-free task management and the use of
    preemptive kernel method in the system. The
    real-time system is classified into two types,
    soft and hard. The soft RTS offers less accuracy
    and strictness on time while hard RTS delivers
    the exact output at the required time.
  • The manufacturing sector held more than 23
    embedded software market share in 2017 due to the
    evolution of Industry 4.0 manufacturing with
    seamless IoT connection. A surge in the demand
    for IoT-enabled OS allows the manufacturers to
    remotely monitor the products statistics and
    automate the device-to-analytics data flow. The
    adoption of RTOS software facilitates the
    enterprises to monitor the changes in the
    production on a real-time basis, increasing the
    operational excellence in the manufacturing
    sector. In July 2016, Advantech launched 7
    WebOP-2070T TFT that supports WVGA operator panel
    with web access/HMI software. This strategic move
    helped the company improve the manufacturing
    efficiency and decrease its labor cost.

  • The Asia Pacific embedded software market is
    expected to record a CAGR of more than 10 over
    the forecast period. In July 2018, Chinese chip
    manufacturer, Chengdu Haiguang IC Design Co., has
    started the development of the x86 processors
    named Dhyana that includes their operating
    system. This strategic move helped the Chinese
    manufacturers to reduce their dependence on the
    operating systems of the U.S. A surge in
    disposable incomes of developing countries
    including India, Japan, and South Korea will also
    augment the embedded software market.
  • The key players operating in the embedded
    software market are ENEA, Green Hills Software,
    IBM, Intel, Microsoft, Advantech, Microchip,
    Mitsubishi, STMicroelectronics, Express Logic, LG
    CNS, Mentor Graphics, National Instruments,
    Segger, Texas, Renesas, HCL, Qualcomm, Toshiba,
    Via, Dexcel, Graphene, and Qualitat systems.

Industry Coverage

Table OF Content
Chapter 1. Methodology Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Scope 1.1.5. Definition 1.1.6.
Methodology and forecast parameters 1.2. Data
Sources 1.2.1. Primary 1.2.2. Secondary
Paid sources Public
sources Chapter 2. Executive Summary 2.1.
Embedded software industry 360ยบ synopsis, 2013 -
2024 2.1.1. Region trends 2.1.2. Operating system
trends 2.1.3. Function trends 2.1.4. Application
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