Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/478 Embedded Software Market size was valued at USD 10.46 billion in 2015 and is anticipated to grow at over 7% CAGR from 2016 to 2023. Rising demand from automotive and consumer electronics sector is forecast to propel (RTOS) real time operating system market growth over the forecast timeframe.

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Fuel Cell Market size worth $25.5bn by 2024
Embedded Software Market size estimated to reach USD
18.61 billion by 2023: Global Market Insights Inc.

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 Automotive sector accounted for nearly 12% of the embedded software market share in
2015 and it is predicted to grow at 8.3% CAGR from 2016 to 2023.
 Swift adoption of tablets, PCs and smartphones is likely to justify growth in the consumer
electronics segment. The application is estimated to account for more than 22% of the
overall industry share by 2023, growing at 7.7% CAGR from 2016 to 2023.
 Direct access to API (application program interface) as well as short run-time offered is
responsible for continued dominance in the C programming language segment, which
was valued at USD 6.34 billion in 2015. It is expected to grow at 6.9% CAGR from 2016
to 2023.
Key Insights from Embedded Software Market:

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 U.S. embedded software market share represented majority of the North American
revenue in 2015. Existence of large number of industries is likely to augment regional
growth.
 Key industry participants are Altera, Infineon, IBM, Johnson Matthey, Intel, LG CNS,
Mentor Graphics, Xilinx, Advantech, Express Logic, Green Hills Software, ENEA, and
Microsoft.
Continued…

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U.S. Embedded Software Market Size, By Application, 2012-2023 (USD Billion)

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Browse Full Market Research Report On Embedded Software Market @
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 Application Analysis
Automotive sector was valued at USD 1.24 billion in 2015 and is expected to witness substantial growth
prospects over the forecast period. The segment is predicted to grow over 8% CAGR from 2016 to
2023. Rising demand for in-vehicle infotainment systems is predicted to justify embedded software
market growth, over the forecast period. Furthermore it provides wide range of features such as
entertainment, navigation, internet based services, external communications and safety & security.
 Regional Analysis
U.S. embedded software market share accounted for over 68% of the regional industry in 2015. It is
anticipated to continue its dominance over the next seven years owing to presence of large number of
industries across the region. Europe embedded software market size was over USD 3 billion in 2015,
with steady growth expectation over the next few years.
 Competitive Market Share
Industry participants include Advantech, Altera, ENEA, Express Logic and Green Hills Software.Other
prominent industry partners are IBM, Infineon, Intel, Xilinx, Johnson Matthey, LG CNS, Mentor
Graphics, Microsoft, Mitsubishi Electric, National Instruments, NXP Semiconductors, RadiSys, and
Segger Microcontroller Systems
360° Analysis

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