TechNavio recognizes the following companies as the key players in the Global Embedded Software Market: Intel Corp., Enea AB, Green Hills Software Inc., and Microsoft Corp.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”One of the major trends noticed in the Global Embedded Software market is the development of energy-efficient systems. Traditionally, embedded systems used to consume more energy than was actually required. However, as a result of technological advancements, current embedded software enables systems to identify critical and idle processes, and allocate power efficiently. This reduces the consumption of power, making the systems in which the software is embedded energy efficient. This is expected to contribute to the growth of the market.”
According to the report, the market has several growth drivers; the main driver being the increased demand for embedded software in the Automotive segment. Embedded software is used in the development of in-vehicle infotainment systems, in-car navigation, and telematics. It provides users with additional entertainment and communication features that are now major requirements for vehicle buyers.
Further, the report states that one major challenge confronting the market is the safety and security issues associated with the use of embedded software. There are higher chances of the embedded software to malfunction as opposed to application software.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Toshiba Corp., Advantech Co. Ltd., Emersion Network Power, Mitsubishi Electric Corp., National Instruments Corp., Microchip Technology Inc., NEC Corp., Radisys Corp., Renesas Electronics Corp., STMicroelectronics, and Via Technologies Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-embedded-software-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report-Global Embedded Software Market 2012-2016
