Embedded Software Market size surpassed USD 13.5 billion in 2020 and is estimated to grow at 7.9% CAGR from 2021 to 2028.
Embedded software is written on computer chips and included in hardware systems. Once embedded and implemented into hardware, the software cannot be changed by users. This software is widely developed for special hardware that uses real-time OS like Windows CE, Lynx OS, Fusion RTOS, and Others.
An increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications are some of the factors that have supported long-term expansion for Embedded Software Market.
The COVID-19 pandemic impacted the embedded software market growth in the first half of the 2020. In early 2020, various regulatory bodies and governments imposed stringent lockdowns across the globe, which resulted into shutdown of several industries including consumer electronics, industrial, automotive, among others.
Asia Pacific is the leading embedded system market, globally. The growing per capita income and ongoing large-scale industrialization and urbanization are factors driving the growth of the embedded system market in the Asia Pacific (APAC) region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 7.9% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
hardware, software, system size, application and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Qualcomm, National Instruments, HCL Technologies, Intel Corporation, IBM, VIA Technologies, Inc., Microsoft Corporation, Infineon, Fujitsu Limited, Marvell, On Semiconductor, Broadcom, Silicon Laboratories, Advanced Micro Devices, Maxim Integrated, Nuvoton, and Toshiba |
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Available Customization |
In addition to the market data for Embedded Software Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Embedded Software Market is segmented into hardware, software, system size, application and region.
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