Dallas, Texas (PRWEB) May 30, 2014
The Consumer Electronics segment has been a major end-user of embedded software over the past few years. In addition, the rapid technological advancements in embedded software have enhanced the functionality of consumer electronics devices. Some examples of consumer electronic devices that adopt embedded software are MP3 players, digital cameras, personal navigation devices, and other electronic gadgets. The deployment of embedded software in these consumer electronics devices has increased the functionality and flexibility of these devices and reduced the overall cost of production. This trend is expected to have a medium-term impact on the growth of the Global Embedded Software market during the forecast period.
Embedded software is computer programming written on computer chips that is applied in real-time systems like teller machines, missiles, and airplanes. Moreover, it is software which is combined or stored in computer hardware or a peripheral device. This software is usually developed for special-purpose hardware that uses real-time operating systems such as LynxOS, VxWorks, Linux (with patched kernel), ThreadX, Windows CE, Fusion RTOS, and Integrity. Once embedded and implemented into hardware, the software cannot be altered by a user.
Analysts forecast the Global Embedded Software market will grow at a CAGR of 8.79 percent over the period 2013-2018. According to the report, one of the main drivers in this market is the increasing demand for smartphones and tablets. Embedded software is used in the development of microcontrollers and ICs. It provides users with additional entertainment and communication features that are now the major buying criteria for consumers.
The Global Embedded Software market can be divided into six segments based on end-user into Communication, Consumers, Industrial, Automotive, Computing Devices, and Others. The report discusses the overall revenue generated from the sale of embedded software solutions to these sectors.
Global Embedded Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Embedded Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Further, the report states that one of the major challenges confronting this market is the issues related to data security and privacy. As a large volume of data is digitized and enterprises have to deal with very confidential data, data security and privacy issues are a challenge for the vendors in the Global Embedded Software market.
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The research report recognizes the following companies as the key players in Global Embedded Software Market: Enea AB, GreenHills Software Inc., Intel Corp., Microsoft Corp., Advantech Co. Ltd., Emersion Network Power Inc. , IBM Corp., Microchip Technology Inc., Mitsubishi Electric Corp., National Instruments Corp., NEC Corp., Radisys Corp., STMicroelectronics, Toshiba Corp.,Via Technologies Inc.
Key Market Driver
- Increasing Demand for Smartphones and Tablets
Key Market Challenge
- Issues with Data Security and Data Privacy
Key Market Trend
- Increasing Demand in Consumer Electronics Segment.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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