ENEA AB, Green Hills Software, Inc. and IBM Corp. are three key vendors highlighted in the new Technavio report
London, 22 May 2015 – Technavio has published a new report on the global embedded software market, which is expected to grow at a CAGR of nearly 9% from 2015-2019.
Embedded software market segmentation including programming language and end-users
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different industries such as industrial automation, consumer electronics, computing devices, automotive, healthcare and telecommunication.
Additionally, analysts have segmented market projections by key geography and also by programming language including C, C++, Assembly, Java, MATLAB and .NET.
“Thanks to some significant technological advances, embedded software enables systems to identify critical and idle processes and allocate power accordingly. It helps reduce energy consumption and makes the embedded system more energy-efficient. This is expected to contribute to the growth of the market in the coming years,” says Faisal Ghaus, Vice President of Technavio.
Embedded software: Market scope and calculation of market size
This report covers the present scenario and growth prospects for global embedded software market from 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of embedded software and solutions.
Industry analysis includes:
Key Vendors:
- A123 System LLC
- Amperex Technology Ltd. (ATL)
- Blue Energy Co. Ltd.
- Johnson Controls Inc.
- Johnson Matthey
- LG Chem Ltd.
- Panasonic Corp.
- SAFT
- Toshiba Corp.
Market Growth Drivers:
- High Demand from Automotive Sector
- Increased Adoption of Smart Devices
Market Challenges:
- Security Concerns
- Uncertain Delivery Time
Market Trends:
- Introduction of Energy-efficient Systems
- Growing Number of M&A
View the global embedded software market report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
