Embedded Software and Industry Trends
                     Embedded Software and Industry Trends
Satya K Vivek
Writes for Embedded engineering from Gadgeon 
and Embedded software development.
The market of embedded systems is rapidly growing over the world. A 
study by Global Market Insights reveals that the global market revenue for 
embedded software is likely to reach $21.5 billion by 2027. The key 
players in the industry are striking deals to come up with enhanced IoT 
solutions with efficient and enhanced embedded software. So, it’s time to 
have a look at the top trends that are dominating the market.
Development of electric and autonomous vehicles
Electric cars and self-driving vehicles are witnessing strong demand. 
Developing these cars involves embedded tools, and this trend is on the 
rise. Electric cars will be the future of the automotive industry across the 
globe. Besides, the deployment of AI tools in the automotive industry has 
further strengthened this trend.  Developing electric cars also call for 
better leverage of embedded software. With better connectivity at the 
electronic touchpoints, the trends of embedded software are going 
strong.
Development of healthcare equipment
The evolving healthcare sector around the globe has witnessed a 
consistent integration of embedded software. Besides, during the 
pandemic, the healthcare industry has undergone a revolution with 
embedded medical equipment enhancing treatment procedures. Besides 
ventilators, embedded software is necessary for several other advanced 
medical equipment. Even after the pandemic, this equipment will 
continue to be in the trend. There is no other reason why embedded 
software trends are dominating the healthcare industry.
Rising trend of industrial automation
The embedded software industry all over the world has been booming 
with the demand for such technology in industrial automation. As the 
world transcends to Industry 4.0, digital automation trends are on the 
rise. Besides, in different countries, industries are using embedded 
software during their digital transformation journey. Even in the coming 
years, embedded tools will continue to strengthen the delivery of better, 
more efficient, and competitive products in different industries. Various 
hardware equipment also needs embedded technology to operate 
efficiently.  Software is also needed in electronic devices and automotive 
components to access data and control the same.
Development of special-purpose hardware
Embedded tools are also finding an increasing deployment in the 
development of special-purpose software. Interestingly, standalone 
systems would be delivering a high volume of revenue by 2027. Currently, 
MCUs (microcontroller units) and FPGAs (field-programmable gate arrays) 
are in high demand across the world.
In 2020, the mobile system segment contributed 15% of the market share 
of embedded software. Embedded systems have become part of all 
mobile devices. This has enabled businesses to handle operations 
remotely.  Let’s have a look at the application spectrum for a better view. 
In 2020, the 
consumer electronic segment accounted for 20% of the share. By 2027, 
this share is likely to account for an 8% CAGR. With the rising use of 
electronic devices like smart TVs, laptops, and smartphones, this trend is 
likely to dominate the next few years. Besides, you have smartwatches 
based on different operating systems like Linux and Android.
We have discussed the scope of deploying embedded software in 
different industries including manufacturing, automotive, mobile devices, 
and other sectors. Regardless of the industry, the demand for embedded 
software has been increasing significantly. These trends will continue to 
dominate the respective sectors in the coming years.
About Gadgeon
Gadgeon is known for its expertise in Industrial IoT and engineering 
excellence. We connect devices, operations, and processes to create 
business value, and revolutionize enterprises with the power of data. As 
an end-to-end technology services company, we successfully enabled the 
digital journey of customers with critical digital services ranging from 
embedded systems, cloud app development, mobile app development, 
data & analytics, application modernization, emerging technology based 
solutions, and testing & test automation across the industries such as 
connected factory, telecom & datacom, digital healthcare, CSPs, and 
home & building automation.
Thank you for time in reading this article!