Embedded Software Market - Trends Forecast Till 2028

Embedded Software Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-ESM-1008

Format:  

Number of Pages: 360

Domain: IT & Telecom

Embedded Software Market – Trends Forecast Till 2028

Embedded Software Market size surpassed USD 13.5 billion in 2020 and is estimated to grow at 7.9% CAGR from 2021 to 2028.

Embedded software is written on computer chips and included in hardware systems. Once embedded and implemented into hardware, the software cannot be changed by users. This software is widely developed for special hardware that uses real-time OS like Windows CE, Lynx OS, Fusion RTOS, and Others.

An increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications are some of the factors that have supported long-term expansion for Embedded Software Market.

The COVID-19 pandemic impacted the embedded software market growth in the first half of the 2020. In early 2020, various regulatory bodies and governments imposed stringent lockdowns across the globe, which resulted into shutdown of several industries including consumer electronics, industrial, automotive, among others.

Embedded Software Market Research Report

Asia Pacific is the leading embedded system market, globally. The growing per capita income and ongoing large-scale industrialization and urbanization are factors driving the growth of the embedded system market in the Asia Pacific (APAC) region.

Embedded Software Market is segmented into hardware, software, system size, application and region.

On the basis of Hardware

  • Application-specific Integrated Circuits (ASIC)
  • Microcontrollers
  • Microprocessors
  • Power Management Integrated Circuits (PMIC)
  • Field Programmable Gate Arrays (FPGA)
  • Digital Signal Processors (DSP)
  • Memories

On the basis of Software  

  • Operating Systems
  • Middleware
  • By Functionality
  • Real-time Embedded Systems
  • Standalone Embedded Systems

On the basis of System Size

  • Small-scale Embedded Systems
  • Medium-scale Embedded Systems
  • Large-scale Embedded Systems

On the basis of Application

  • Automotive
  • Consumer Electronics
  • Industrial
  • Aerospace and Defense
  • Energy
  • Healthcare
  • Communication

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Embedded Software Market Primary Respondent

 

Key Players

  • Qualcomm
  • National Instruments
  • HCL Technologies
  • Intel Corporation
  • IBM
  • VIA Technologies, Inc.
  • Microsoft Corporation
  • Infineon
  • Fujitsu Limited
  • Marvell
  • On Semiconductor
  • Broadcom
  • Silicon Laboratories
  • Advanced Micro Devices
  • Maxim Integrated
  • Nuvoton
  • Toshiba

Recent Developments

  • In December 2019, NXP Semiconductors acquired Wi-Fi and Bluetooth connectivity businesses of Marvell for USD 1.8 billion. The all-cash buyout deal was made to provide complete, scalable processing, as well as improved connectivity solutions to its customers in different end markets.
  • In November 2019, Renesas introduced its new 32-bit RA series Arm Cortex M microcontrollers, thereby extending the 32-bit MCU range, which includes the RX series and Renesas Synergy Platform. The RA MCU have been designed to improve the performance, HMI, security, and connectivity of IoT devices used in metering, healthcare, and home-related applications.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Embedded Software Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 7.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

hardware, software, system size, application and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Qualcomm, National Instruments, HCL Technologies, Intel Corporation, IBM, VIA Technologies, Inc., Microsoft Corporation, Infineon, Fujitsu Limited, Marvell, On Semiconductor, Broadcom, Silicon Laboratories, Advanced Micro Devices, Maxim Integrated, Nuvoton, and Toshiba

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