PUBLISHER: Market Research Future | PRODUCT CODE: 1578141
PUBLISHER: Market Research Future | PRODUCT CODE: 1578141
Global Embedded Graphical User Interface (GUI) Development Software Market Research Report Information by Component (Software, and Services), Organization Size (SMEs, and Large Enterprises), Industry Vertical (Healthcare & Medical, Industrial, Automotive, Consumer electronics, BFSI, and Others) and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Forecast Till 2032
In 2023, the market size of embedded graphic user interface (GUI) development software was estimated to be USD 194.9 million. During the forecast period (2023-2022), the Embedded Graphical User Interface (GUI) Development Software market industry is anticipated to experience a compound annual growth rate (CAGR) of 27.2%, increasing from USD 239.8 Million in 2024 to USD 1,643.2 Million by 2032.
Embedded GUI development software tools facilitate the rapid and collaborative creation of animated user interfaces for embedded devices with limited resources by R&D teams and UI designers. The tools facilitate the rapid development of interfaces that are intuitive, clear, smooth, and visually appealing. The software tools are employed in a variety of industries, including medical, automotive, industrial, smart home & IoT, and wearables.
The industry growth of the wearables and personal devices segment is expected to be driven by the rapid changes in consumer demographics, such as altering lifestyle patterns and preferences, which are likely to improve product demand. Additionally, the demand for wearable devices is anticipated to be stimulated by the increasing expenditure of consumers on personal care products. Smartwatches are a popular choice among swimmers, cyclists, runners, and gym visitors due to their ability to monitor stationary time, hourly activity, and calories expended. Consequently, the market demand for Embedded GUI Development Software is being driven by the rapid growth of the wearables and personal devices segments.
Market segment insights
The market has been segmented into software and services based on the component.
The market has been segmented into SMEs and large enterprises based on the scale of the organization.
Regional Perspectives
In 2023, North America dominated the market with a 37.8% share, while Europe and Asia Pacific followed with 27.3% and 25.4% shares, respectively.
The greatest market for Embedded GUI development software is anticipated to be North America during the forecast period. The market for embedded GUI development software in North America is expanding as a result of the growing demand for interactive and user-friendly embedded systems.
Embedded GUI Development Software market growth is anticipated to be restricted by the increasing number of technology start-ups, new opportunities in smart office and remote working environments, and rapid technological advancements in GUI design software tools. However, the Asia-Pacific region is anticipated to offer lucrative opportunities.
The embedded GUI development software market in Europe is expanding, with the demand for embedded GUI development tools being driven by the exponential growth of the Internet of Things (IoT). Additionally, the region's growing customer expectations, including new types of connectivity, longer battery life, and data-driven features, are contributing to the market's growth.
The key players in the market
Altia Inc., MicroEJ, Tara Systems GmbH, IBIS Solutions APS, Embien Technologies India Pvt. Ltd., Amulet Technologies, STMicroelectronics, Crank AMETEK Rightware, and The Qt Company are among the leading companies in the Embedded Graphical User Interface (GUI) Development Software market.