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Embedded Software Market Trends

  • Report ID: GMI478
  • Published Date: Dec 2024
  • Report Format: PDF

Embedded Software Market Trends

The embedded software industry is experiencing notable changes due to advancements in technology and evolving industry requirements. A key trend is the growing use of AI and ML in embedded systems. As these devices become more advanced, AI and ML algorithms are being directly integrated, allowing real-time data analysis and decision-making at the edge without relying on cloud computing. This development is particularly important in areas such as autonomous vehicles, industrial automation, and smart consumer devices, where AI-driven decisions improve functionality and efficiency.
 

The demand for low-power and energy-efficient embedded systems is increasing due to the need for sustainable technology and longer battery life in devices such as wearables, IoT sensors, and medical devices. Manufacturers are focusing on creating software that reduces energy use while maintaining performance, which is essential for battery-powered devices. This trend aligns with the growing emphasis on green technology and environmental sustainability, as industries work to lower their carbon footprint and energy consumption.
 

The embedded software market faces a major challenge due to a lack of skilled professionals. Developing embedded systems requires specialized knowledge in both hardware and software. Professionals in this field need to be proficient in real-time operating systems (RTOS), hardware-software integration, low-level programming languages like C/C++, and tools designed for embedded system development. Additionally, with advancements in technologies such as AI, IoT, and edge computing, the demand for engineers with diverse skills has grown significantly. However, the availability of qualified professionals has not kept up with this rising demand.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of embedded software reached USD 20.7 billion in 2024 and is set to grow at a 9.6% CAGR from 2025 to 2034, driven by the expansion of IoT applications.

The RTOS segment accounted for approximately 45.5% of the market share in 2024, owing to its ability to meet strict timing requirements, unlike general-purpose operating systems.

The North America market accounted for 35% of the revenue share in 2024, supported by technological innovation, a strong industrial base, and a well-established ecosystem of developers and manufacturers.

The key players in the industry include Advantech, AMD, Analog Devices, ARM Ltd, Blackberry, Green Hills Software, HCL, IBM, Infineon, and Intel.

Embedded Software Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 27
  • Tables & Figures: 200
  • Countries covered: 19
  • Pages: 180
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