Embedded Software Market by Company Profile, Product Specifications, Capacity, Production Value and Forecast 2022
Market Scenario: Embedded software is the special programming done on a chip in an embedded device to control its functions. The global market for embedded software will be driven by the steady growth of consumer electronic devices and the increased investments in the automation technologies adopted by the manufacturing sector. The market is also driven by the increasing demand for multimedia products and portable computing devices such as laptops. The rise in machine to machine (M2M) communication is leading to a parallel growth in demand of machine to machine embedded software. The Internet of Things (IoT) is an important driver, as all connected things contain embedded software. Increased adoption of embedded software in semiconductor industry is also driving the growth of this market. Increasing demand for smart electricity meters is anticipated to boost the embedded software market over the forecast period. The requirement for smart meters is expected to grow with the introducti...