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), Embedded Software Market size surpassed USD 13.5 billion in 2020 and is estimated to grow at 7.9% CAGR from 2021 to 2028.
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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.
Regional Analysis
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.
Key Players of Embedded Software Market:
- 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 and More
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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.
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
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