According to the research report titled ‘Asia Pacific Embedded Software Market Forecast 2027 By Operating System, By Function, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Asia Pacific embedded software market is expected to be worth USD 5.5 billion by 2027.

Growing demand for real-time and predictive analysis and maintenance systems in production units, surging usage of IoT & other high-end technologies to create smart production environments, platforms, and connected devices, and increasing popularity of automation and robotics in product assembly lines are the key factors driving the expansion of the Asia Pacific embedded software market.

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Embedded software can also be used in different telecom base station devices, such as routers, modems, servers, and other communication modules since it helps devices perform efficiently, improves process control operations, and reduces the overall downtime, thereby facilitating the business scenario.

Based on the operating system, the Linux GPOS is expected to register a 6% CAGR through 2027, owing to the rising demand for cloud-based platforms and the ability to create large-scale embedded devices and coding languages.

By function type, the standalone system segment is projected to observe a 5% CAGR through 2027, on account of rising demand for application-specific standalone systems and independent hardware devices improving execution rate, productivity, & efficiency.

From the geographical perspective, South Korea embedded software market size is estimated to record a 4.5% CAGR through 2027, ascribed to several plans and initiatives launched by the government to promote the use of electric cars and autonomous vehicles among consumers as well as surging production of EV batteries.

The major companies in Asia Pacific embedded software market are Accenture plc, Advantech Co., Ltd., Artesyn, Elektrobit Automotive GmbH, Emerson Electric Co., Xilinx, Inc., VIA Technologies Inc., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics, Siemens AG, Segger Microcontroller, Renesas Electronics Corporation, NI (National Instruments Corporation), Mitsubishi Electric Corporation, Microsoft Corporation, Microchip Technology Inc., LG CNS, L&T Technology Services, Intel Corporation, International Business Machines Corporation (IBM), HCL Technologies, Green Hills Software, GlobalLogic, and Enea AB.