Embedded System is a way of working, organizing or performing one or many tasks according to a fixed set of rules, program or plan. In other words, an arrangement in which all units assemble and work together according to a program or plan. An embedded system is a system that has software embedded into hardware, which makes a system dedicated for applications or a specific part of an application or product or part of a larger system.
Global embedded systems market
Embedded systems have been a very important industry through the past decade, and the applications for embedded systems are only increasing as time passes. The automotive industry has especially taken advantage of the various implementation benefits that embedded systems have to offer, not only transforming the automotive industry, but also creating new lines of development as well as employment. It is one of the strongest multi-core industries in the world at the moment and finds a great deal of acceptance and appreciation in many industry verticals, such as embedded graphics systems in consumer electronics.
The global embedded systems market is expected to reach US$233.19 by the end of 2021, after expanding at a CAGR of 6.4% within a forecast period from 2015 to 2021. Several factors are credited to the industry phenomenal growth rate, and the answers to the following questions can help ascertain the market’s future.
Increasing adoption of wearable embedded devices across numerous applications such as fitness, medical, safety and security are likely to drive embedded product development company trends. These devices provide high-performance features for next generation applications for smart wearable devices. It allows manufacturers to develop sophisticated devices with high power efficiency, fast performance, and high productivity. Rising consumer demand for electronic devices such as tablets, the smartphone as well as computers is projected to offer high potential to embedded software market size.
Product Engineering Solution includes everything about the product development such as product feasibility study,designing,development and maintenance.
In offshore software development, another country’s third party is involved due to the high cost demand of the same country service providers. In the current scenario, various countries are making the use of offshore software development services such as India, Japan and China.
Where Does the Scope for Modern Embedded Systems Lie?
Healthcare, defense, aerospace, and telecommunications are where the bulk of the opportunities reign in the global embedded systems market. The use of embedded systems has brought about a constant state of evolution for these industry verticals over the past decade and is likely to continue doing so over the immediate future. One of the key drivers acting on the global embedded systems market currently is the rapidly increasing demand for smart electronics and smart devices in nearly all core industry verticals. A growing number of people are now aware of the advantages that they can gain through the use of mobile devices in the workplace while performing regular or specialized tasks that would otherwise require stationary workstations of desktop PCs.
What is the Scope of Embedded Systems in Automation?
More and more things are being found in common between embedded systems and automation as of late. This was highlighted quite well in the recent annual Embedded World Trade Fair, which was held at Nuremberg in Germany. The global embedded systems market is currently an extremely fragmented one in terms of applications fields and developers, but the incoming wave of demand for embedded systems in automation is expected to consolidate the bulk of the market into very common goals. Implementations of time sensitive networking based on IEEE standards is just one of the examples set in the trade fair as to how embedded systems can evolve over the coming years. Meanwhile, developers are also calling for an open source industry in order to further consolidate the multi-faceted global embedded systems market.
