The report indicates that while the current Embedded Software market size is relatively small, there is a huge opportunity that remains untapped in this segment. It also highlights some of the challenges that the industry needs to overcome in order to effectively address this opportunity.
As the industry continues to look at new areas of interest where there is high propensity to innovate, embedded systems has emerged as a significant growth opportunity. Embedded Systems are now becoming more ubiquitous and pervasive and touching virtually all aspects of daily life. From mobile telephones to automobiles, and Industrial equipment to high end medical devices, embedded systems now form part of a wide range of devices. Embedded software now sits at the intersection of technology and the automotive, telecommunication, aerospace, energy, high technology, and the broader Industrial manufacturing sectors.