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North American Embedded Software Market revenue to cross $10 Bn by 2027

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North American Embedded Software Market size is predicted to reach USD 10 billion by 2027, according to a latest forecast report by Graphical Research.

The market growth is due to rising demand for high-security systems to prohibit reverse engineering or data analysis in a variety of military applications, such as surveillance & reconnaissance UAVs, computing, communication, cybersecurity, military vehicle electronics, and others. The market is further driven by the rising data-carrying capacity of telecom devices from converged networks in the defense & military sector. Furthermore, increasing government investments and funding activities for the development of new military systems are fueling the market growth. For instance, in April 2021, the U.S. government proposed the allocation of USD 715 billion to the Department of Defense under the fiscal budget of 2021 - 2022 for the improvement of the security infrastructure.

The FreeRTOS segment is expected to grow at a CAGR of 8.5% during the forecast period credited to the rising demand for AI-enabled smart devices and cloud computing open-source software in industrial automation. FreeRTOS provides several benefits including high configuration, different methods for multiple tasks, software timers, and tickless idle mode. These characteristics allow its integration in low-power applications such as microcontrollers, microprocessors, and others. Several enterprises are extensively engaged in strategic alliances & collaborations to incorporate high-end embedded software applications in their solutions. For instance, in June 2021, Amazon Web Services and XMOS partnered to jointly develop symmetric multiprocessing FreeRTOS solutions. The company aims to aid electronic manufacturers to implement their solutions to improve the performance of complicated embedded software systems.

Browse detailed statistical insights from the report, “North America Embedded Software Market Forecast 2027 By Function (Standalone System, Real Time System, Network System, Mobile System), By Operating System (General Purpose Operating System (GPOS) {Windows, Linux, Android}, Real Time Operating System (RTOS) {VxWorks, QNX, FreeRTOS, ARM Mbed}), By Application (Automotive, Consumer Electronics, Manufacturing, Healthcare, Military & Defense, IT & Telecom), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @

https://www.graphicalresearch.com/industry-insights/1986/north-america-embedded-software-market

Canada embedded software industry is poised to observe over 4% growth rate during the projected period attributed to rising government initiatives to promote the adoption of smart connectivity technologies such as 5G, AI, and the Internet of Things (IoT). For instance, in August 2021, the Canadian government announced a USD 1.13 billion investment in partnership with Telestat. It aims to deliver high-speed internet and a 5G connection to about 40,000 households in rural & remote locations across Canada, thereby promoting the adoption of IoT smart devices in the region. Such investments and the rising IoT adoption will create growth opportunities for the market.

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

North America 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

North America Market, By Function

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

North America Market, By Application

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

The above information has been provided for the following countries:

  • North America
    • U.S.
    • Canada