PUBLISHER: TechNavio | PRODUCT CODE: 1684951
PUBLISHER: TechNavio | PRODUCT CODE: 1684951
The embedded software market is forecasted to grow by USD 10075.3 million during 2024-2029, accelerating at a CAGR of 9.8% during the forecast period. The report on the embedded software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high adoption of embedded software in semiconductor industry, growing popularity of IOT and M2M technologies, and high adoption of smart home and smart grid technology.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8.5% |
CAGR | 9.8% |
Incremental Value | $10075.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's embedded software market is segmented as below:
By Product
By End-user
By Component
By Geographical Landscape
This study identifies the emergence of embedded software in in-vehicle infotainment as one of the prime reasons driving the embedded software market growth during the next few years. Also, growing adoption of multi-core technology in embedded software and growing usage of embedded software in wearable technology will lead to sizable demand in the market.
The report on the embedded software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading embedded software market vendors that include Advantech Co. Ltd., BlackBerry Ltd., Emerson Electric Co., Enea AB, Green Hills Software LLC, Intel Corp., International Business Machines Corp., Lantronix Inc., Microchip Technology Inc., Microsoft Corp., Mitsubishi Electric Corp., National Instruments Corp., NEC Corp., NXP Semiconductors NV, Reliance Industries Ltd., STMicroelectronics NV, Texas Instruments Inc., and Toshiba Corp.. Also, the embedded software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: