Market Research Report
Embedded Software and Tools - Global Market Outlook (2019 -2027)
|Embedded Software and Tools - Global Market Outlook (2019 -2027)|
Published: September 1, 2020
Stratistics Market Research Consulting
Content info: 150+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Embedded Software and Tools Market is growing at a CAGR of 7.4% during 2019 to 2027. Growing usage of embedded software and tools in wearable technology, electronic design automation (EDA), and increasing adoption of multi-core technology in embedded software are the major factors propelling the market growth. However, privacy & data security issues, increasing costs are hampering the market growth.
Embedded software and tools are computer software, which is written to control machines or devices that are not typically thought of as computers. They are typically specialized for particular hardware that runs and has time & memory constraints. Embedded software is written on computer chips and integrated into hardware systems. Once embedded and implemented into hardware, the software cannot be altered by users. This software is usually developed for special hardware that uses real time OS such as Lynx OS, Windows CE, Fusion RTOS, and Others.
Based on the tool, the real-time operating system (RTOS) segment is going to have a lucrative growth during the forecast period due to the increase in the adoption of RTOSs in vehicles. The RTOS helps vehicle manufacturers to address safety issues associated with autonomous driving.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the presence of nations such as China, India and Japan, where the nations are focused on the development of advanced ICT goods, coupled with the presence of a significant ICT infrastructure in the nations. Moreover, an RTOS provides the rigorous resource management and scheduling required to meet the demands of applications- with multitasking, threads, priority-driven preemptive scheduling, and fast context-switching.
Some of the key players profiled in the Embedded Software and Tools Market include Express Logic, Inc, Green Hills Software, Intel Corporation, Emerson Electric, Enea AB, Mouser Electronics, Inc, Mentor Graphics, Microsoft Corporation, Advantech Co., Ltd, Texas Instruments Incorporated, Infosys Limited, Cadence Design Systems, Inc., Intel Corporation, Xilinx, and Siemens Industry Software Inc.
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