Embedded Software Market Size By Operating System (General Purpose Operating System (GPOS) {Windows, Linux, Android}, Real Time Operating System (RTOS) {VxWorks, QNX, FreeRTOS, ARM Mbed}), By Function (Standalone System, Real Time System, Network System, Mobile System), By Application (Automotive, Consumer Electronics, Manufacturing, Healthcare, Military & Defense, IT & Telecom), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Jul 2021  |  Report ID: GMI478  |  Authors: Preeti Wadhwani, Shubhangi Yadav

Report Format: PDF   |   Pages: 255   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Embedded Software Market size surpassed USD 13.5 billion in 2020 and is estimated to grow at 7% CAGR from 2021 to 2027. Increasing research & development initiatives by automotive OEMs toward ADAS and self-driving cars are expected to spur the industry growth.
 

Embedded Software Market

Get more details on this report - Request Free Sample PDF
 

The automotive industry is witnessing high demand for various advanced safety systems such as electronic stability control, autonomous emergency braking, adaptive cruise control, and park assistance systems. These systems are extensively integrated with high-end sensors, microcontrollers, and electronic control units (ECUs), which require a robust embedded software platform to manage all the input/output (I/O) peripherals. Increasing requirements for safety & comfort features in vehicles have led market players to focus on developing high-end automotive software and electronic systems.
 

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. The decline in consumer electronics and automotive production in the early 2020 heavily impacted the market revenue.
 

However, the demand for advanced point-of-care medical devices witnessed a drastic increase during the pandemic. Also, the increasing government initiatives to support medical device manufacturers to boost the production activities during pandemic are also propelling the market statistics. For instance, in June 2020, the Government of India announced a funding of USD 133.5 million to medical device manufacturers in the country in order to procure over 50,000 ventilators.
 

Growing uptake of General Purpose Operating System (GPOS) in consumer electronics devices to fuel market growth

The GPOS segment held around 50% of the embedded software market share in 2020 and is poised to expand at 6% CAGR through 2027. Several features offered by the general purpose operating system such as multiple task handling, high security, high synchronization, and lower latency are driving the demand. High customization and user-friendly interface offered by major GPOSs, such as Android, Linux, and Windows, are further augmenting their adoption in consumer electronics.
 

In the GPOS market, the Android OS is projected to observe a high growth rate of over 7% through 2027 due to the rising penetration of consumer electronics devices such as smartphones, tablets, and wearable electronics based on Android OS. According to the Mobile Economy 2021 report, the number of active smartphone connections is set to surpass six billion mark by 2022. The Android OS offers several advantages over other iOS and RTOS such as open-source platform, customizable user interface (UI), and large application-base of over three million Android Apps. The high-end features coupled with the growing number of active user-base are likely to drive the market growth.
 

Increasing adoption of standalone systems in the industrial sector to accelerate embedded software market opportunities

UK Embedded Software Market Size, By Function

Get more details on this report - Request Free Sample PDF
 

The standalone system demand captured more than 35% of the embedded software market share in 2020 and is predicted to see 5% CAGR through 2027. Increasing requirement of application-specific standalone systems, such as human-machine interface (HMI), programmable logic controllers (PLCs), and IoT gateways, in the industrial sector is spurring the market growth. These application-specific hardware systems are equipped with embedded software that offers standalone functionality. The standalone functionality in embedded software helps hardware to achieve higher execution rate, improve efficiency, and optimize the productivity.   
 

Favorable government initiatives supporting industrial automation and robotics in the manufacturing sector are fueling the adoption of standalone systems. For instance, in September 2020, the Government of UK announced to fund USD 353 million under its Manufacturing Made Smarter program. Through this funding, the government will help local manufacturers to modernize their manufacturing facilities by increasing the adoption of automation and robotics systems.
 

Increasing acceptance in telecommunication base stations to promote embedded software market

China Embedded Market Size, By Application

Get more details on this report - Request Free Sample PDF
 

The IT & telecom application is forecast to register above 7% CAGR till 2027 driven by the rising adoption of embedded software in telecommunication base station equipment such as servers, routers, modems, and communication modules. The embedded software helps to efficiently manage and run this base station equipment for 24/7 operations without downtime and also helps in process control operations.
 

The increasing deployment of new 5G base stations across economies in Asia Pacific, such as China, South Korea, and Japan, is enhancing the embedded software market growth. According to May 2021 press release by Global Times, China deployed over 819,000 new 5G base stations in the country by Q1 2021. The increasing deployment of 5G base stations in the country will augment the industry statistics. 
 

Increasing investments by the U.S. government for the development of militarized drones will foster the North America market expansion

North America Embedded Software Market Size, By Region

Get more details on this report - Request Free Sample PDF
 

The North America embedded software market size held over 45% market revenue share in 2020 and is anticipated to see 8% growth during 2021 to 2027. Rising spending by U.S. federal government on the development of militarized drones to strengthen its military and defense forces is boosting the regional market share. In May 2021, U.S. Congress announced the budget allocation of USD 7.5 billion to the Department of Defense (DoD). This budget will be utilized for research & development activities for unmanned aerial vehicles, combat-drones, and unmanned surveillance systems. Increasing investments of the U.S. federal government in its defense budget will further add opportunities to the market growth.   
 

Focus on new product launches to stay competitive in the market

Key players operating in the embedded software market are Qualcomm, National Instruments, HCL Technologies, Intel Corporation, IBM, VIA Technologies, Inc., Microsoft Corporation, among others. The companies are highly focusing on new product launches and innovations for embedded software to stay competitive in the industry.
 

This embedded software market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

Market, By Operating Systems

  • General Purpose Operating System (GPOS)
    • Windows
    • Linux
    • Android
    • Others
  • Real-Time Operating System (RTOS)
    • VxWorks
    • QNX
    • FreeRTOS
    • ARM Mbed
    • Others RTOS
  • Others

Market, By Function

  • Standalone system
  • Real-time system
  • Network system
  • Mobile system

Market, By Application

  • Automotive
  • Consumer electronics
  • Manufacturing
  • Healthcare
  • Military & defense
  • IT & Telecom
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • GCC
    • South Africa

 

Frequently Asked Questions (FAQ) :

The global market share of embedded software was valued at over USD 13.5 billion in 2020 and is poised to expand at a 7% CAGR up to 2027.
The GPOS operating system segment held around 50% of the embedded software market share in 2020 and will witness a 6% CAGR through 2027.
The standalone system function segment accounted for 35% of the market revenue share in 2020 and will grow at a 5% CAGR through 2027 with increasing deployment in human-machine interface (HMI), programmable logic controllers (PLCs), and IoT gateways.
Increasing demand for autonomous vehicles is impelling automobile manufacturers to install complex embedded systems in their vehicles, establishing the automotive sector as a lucrative revenue pocket.
The industry size from the IT & telecom application segment will record a 7% CAGR through 2027 owing to higher adoption in telecommunication base station equipment, including servers, routers, modems, and communication modules.
North America was responsible for over 45% of the embedded software industry revenue share in 2020 and is poised to see 8% growth up to 2027.

Premium Report Details

  • Published Date: Jul 2021
  • Pages: 255
  • Tables: 335
  • Charts / Figures: 34
  • Companies covered: 27
  • Countries covered: 18

Get a report that explains COVID-19 impact on this market

Buy Now

Need a Discount? Get in touch with us for special pricing

Request Discount

 Connect with our sales team

Chat with us
We use cookies to enhance user experience. (Privacy Policy) X