Embedded Software Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44574
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The embedded software market has the potential to grow by USD 5.99 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.67%.

This embedded software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (RTOS, compilers, assemblers, debuggers, and others) and geography (North America, APAC, Europe, South America, and MEA). The embedded software market report also offers information on several market vendors, including Advantech Co. Ltd., Emerson Electric Co., Enea AB, Green Hills Software LLC, Intel Corp., International Business Machines Corp., Microsoft Corp., NXP Semiconductors NV, STMicroelectronics NV., and Texas Instruments Inc. among others.

What will the Embedded Software Market Size be in 2021?

Embedded-Software-Market-Market-Size-2020-2025

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Embedded Software Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The high adoption of embedded software in the semiconductor industry is notably driving the embedded software market growth, although factors such as data security and privacy issues may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the embedded software market industry get your FREE report sample now.

This embedded software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Embedded Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Advantech Co. Ltd.
  • Emerson Electric Co.
  • Enea AB
  • Green Hills Software LLC
  • Intel Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • NXP Semiconductors NV
  • STMicroelectronics NV.
  • Texas Instruments Inc.

 

The embedded software market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the embedded software market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Embedded Software Market?

Embedded-Software-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for embedded software market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising industrial automation in industries such as electrical and electronics, automotive, and telecommunications will facilitate the embedded software market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Embedded Software Market?

Embedded-Software-Market-Market-Share-by-End-2020-2025

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The embedded software market share growth by the RTOS segment will be significant during the forecast period. An RTOS automatically detects and identifies most of the bugs that could cause glitches in an electronic product. Significant investments are being made in the global RTOS market, with IoT and M2M communications gaining importance and mainstream adoption. This will drive the RTOS segment market growth during 2021-2025.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the embedded software market size.

 

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What are the Key Factors Covered in this Embedded Software Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive embedded software market growth during the next five years
  • Precise estimation of the embedded software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the embedded software market industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of embedded software market vendors

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Embedded Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 5.99 billion

Market structure

Fragmented

YoY growth (%)

6.75

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 37%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advantech Co. Ltd., Emerson Electric Co., Enea AB, Green Hills Software LLC, Intel Corp., International Business Machines Corp., Microsoft Corp., NXP Semiconductors NV, STMicroelectronics NV., and Texas Instruments Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The embedded software market growth will increase by $5.69 billion during 2019-2024.
The embedded software market is expected to grow at a CAGR of 6.31% during 2019-2024.
Technavio has segmented the embedded software market by end user (RTOS, Compilers, Assemblers, Debuggers, and Others) and geographic (North America, APAC, Europe, South America, and MEA).
Advantech Co. Ltd., Emerson Electric Co., Enea AB, Green Hills Software LLC, International Business Machines Corp., Intel Corp., Microsoft Corp., NXP Semiconductors NV, STMicroelectronics NV, Texas Instruments Inc. are a few of the key vendors in the embedded software market.
APAC will register the highest growth rate of 35.68% among the other regions. Therefore, the embedded software market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the embedded software market growth are:
  • High adoption of embedded software in semiconductor industry
  • Emergence of embedded software in in-vehicle infotainment
The embedded software market vendors should focus on grabbing business opportunities from the rtos segment as it accounted for the largest market share in the base year.
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