According to the research report titled ‘North America Embedded Software Market Forecast 2027 By Function, By Operating System, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America embedded software market is expected to surpass a valuation of USD 10 billion in 2027.

Increasing R&D activities to improve ADAS and other autonomous driving technologies coupled with focus towards integrating high security & efficiency while processing data from cameras and sensors are the key factors driving the expansion of the North American embedded software market.

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Based on the operating system, Free RTOS is estimated to register an 8.5% CAGR through the forecast timeline, primarily attributed to the rising demand for AI-powered smart devices and cloud computing open-source software in industrial automation.

Meanwhile, the Android GPOS segment is expected to record an 8.5% CAGR as well through 2021-2027, ascribed to increasing adoption of the Android operating system among consumer electronic devices, the open-source nature of Android OS’s User Interface (UI), as well a high application base of over 3 million Android apps.

Moving on to the application segment, North America embedded software industry size from the military and defense segment is anticipated to record significant through 2027, owing to the increasing government investments in the creation of unmanned aerial vehicles, surveillance systems, advanced armed drones, and R&D activities.

Meanwhile, the consumer electronics application segment is expected to expand at 9% CAGR through 2027, on account of the high demand for advanced technologies in smartphones, smartwatches, laptops, and smart TVs.

Geographically, the U.S. market is projected to witness 8.5% CAGR through the forecast timeline, due to the increasing government investments to develop new military systems, growing demand for high-end security systems, as well as emphasis on improving the security infrastructure such as communication, surveillance, cybersecurity, etc.

The major players operating in North America embedded software market are 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, HCL Technologies Limited, Green Hills Software, GlobalLogic, Enea AB, Emerson Electric Co., Elektrobit Automotive GmbH, Artesyn, Advantech Co. Ltd., and Accenture plc.