The Embedded Software Market was worth USD 9.88 billion in 2014 and is expected to reach approximately USD 18.41 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.16% during the forecast period.
Rising interest from consumer electronics and automotive sector is estimate to boost (RTOS) real time operating system market development over the conjecture time span. This software, some portion of the embedded system market, is essentially adopted in developing telematics products and furthermore helps in giving in-vehicle infotainment to automotive. It renders users with various in-auto highlights, for example, route, stimulation, external communications and in addition web-based services. It renders assistance to vehicle security by monitoring systems, for example, airbag, tire inflation and antilock braking systems (ABS). Increasing implementation of wearable embedded devices over various applications, for example, safety and security, medical, fitness and security is probably going to drive embedded software market patterns.
Embedded Software Market - Competitive Insights
The leading players in the market are Microsoft Corporation, IBM, Infineon Technologies India Private Ltd, Intel, Mitsubishi Electric, Xilinx, Johnson Matthey, LG CNS, National Instruments, Segger Microcontroller Systems, NXP Semiconductors and Radisys.
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Embedded Software Market - Industry updates:
Microsoft Corp. announced plans to further expand its significant and growing investment in cloud computing in Europe by delivering the intelligent Microsoft Cloud from two new datacenter regions in Norway: one in the greater Stavanger region and the other in Oslo. The Microsoft Cloud, comprising Microsoft Azure, Office 365 and Dynamics 365, will offer enterprise-grade reliability and performance with data residency from new datacenter locations. Initial availability of Azure is planned for late 2019 with Office 365 and Dynamics 365 to follow. Microsoft has deep expertise protecting data, championing privacy, and empowering customers around the globe to meet extensive security and privacy requirements with Microsoft's Trusted Cloud principles and the broadest set of compliance certifications and attestations in the industry.
IBM announced that it has entered into a new infrastructure outsourcing agreement with KMD that aims to stay ahead of technological developments within IT infrastructure including cloud, automation, machine learning, security and to help enterprise client transform in the digital era. It will strengthen KMD's significant experience with business-critical software solutions, data security and handling large volumes of data for highly regulated industries, thus underlining the company's ambitions to expand its footprint in the financial sector of the Nordics region.
Embedded Software Market - Application Outlook and Trend Analysis
In 2015 the automotive segment was esteemed at USD 1.24 billion and is foreseen to witness considerable development prospects over the conjecture time frame. Rising requirement for in-vehicle infotainment systems is anticipated to boost embedded software market development, over the estimate time frame. Besides it gives extensive variety of highlights, for example, internet based services, entertainment, navigation, safety & security and wellbeing and security.
Embedded Software Market - Regional Outlook and Trend Analysis
United States embedded software market of the overall industry represented more than 68% of the territorial business in 2015. It is foreseen to proceed with its predominance throughout the following years attributable to existence of vast number of ventures over the locale. Europe embedded software market measure was over USD 3 billion in 2015, with consistent development desire throughout the following couple of years. Asia Pacific, empowered by China, India and Japan implanted programming market, is conjecture to develop tremendously. This is fundamentally because of popularity over various application zones and the presence of vast number of creation plants.
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List of Tables
Table: Global Embedded Software Market, By Application, 2014-2023($Million)
Table: Automotive Market, By Region, 2014-2023($Million)
Table: Healthcare Market, By Region, 2014-2023($Million)
Table: Consumer Electronics Market, By Region, 2014-2023($Million)
Table: Military & Defense Market, By Region, 2014-2023($Million)
Table: Industrial Market, By Region, 2014-2023($Million)
Table: Telecommunication Market, By Region, 2014-2023($Million)
Table: Other Applications Market, By Region, 2014-2023($Million)
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List of Figures
Figure: Global Embedded Software Market Share, By Application, 2014 & 2023
Figure: Global Embedded Software Market, By Programming Language, 2014 & 2023 ($Million)
Figure: Global Embedded Software Market, By Region, 2014 & 2023 ($Million)
Figure: Advantech: Net Revenues, 2014-2016 ($Million)
Figure: Advantech: Net Revenue Share, By Segment, 2016
Figure: Advantech: Net Revenue Share, By Geography, 2016
Figure: Altera: Net Revenues, 2014-2016 ($Million)
Figure: Altera: Net Revenue Share, By Segment, 2016
Figure: Altera: Net Revenue Share, By Geography, 2016
Figure: ENEA: Net Revenues, 2014-2016 ($Million)
Figure: ENEA: Net Revenue Share, By Segment, 2016
Figure: ENEA: Net Revenue Share, By Geography, 2016
…
Browse complete report with TOC: https://www.crystalmarketresearch.com/report/embedded-software-market .
Table of Contents -
1.Introduction
2.Executive Summary
3.Market Overview
4.Embedded Software Market, By Application
5.Embedded Software Market, By Programming Language
6.Embedded Software Market, By Region
7.Company Profiles
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Continued…
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