TMCnet News
Research and Markets: Global Embedded Software Market to Grow at a CAGR of 9.36% Over the Period 2014-2019Research and Markets (http://www.researchandmarkets.com/research/vk95pc/global_embedded) has announced the addition of the "Global Embedded Software Market 2015-2019" report to their offering. Traditionally, embedded systems consume a lot of energy. However, with technological advancements, current embedded software enables systems to identify critical and idle processes, and allocate power accordingly. This reduces energy consumption, making the embedded system energy efficient, and this is expected to contribute to the growth of the market. According to the report, the high demand for this software in the automotive sector is a major market driver. It is used to develop telematics products and offer in-vehicle infotainment systems. These systems provide features such as entertainment, navigation, external communications, safety and security, and Internet-based services. They alsoprovide end-users with important safety features to avoid accidents. As safety is one of the major criteria guiding buyers, the automotive industry plays a significant role in the growth of the market. The market will be affected by some serious challenges during the forecast period, such as the safety and security issues associated with the use of this software. Key Topics Covered
Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/vk95pc/global_embedded. View source version on businesswire.com: http://www.businesswire.com/news/home/20150528006412/en/ |
