ID: MRFR/SEM/2735-CRR | August, 2017 | Region: Scandinavia | 100 pages | Cooked Research Reports
Global Embedded Hypervisor Software Market, By Component (Software, Service), By Technology (Desktop Virtualization), By Tools (Compile, Design), By Application (Aerospace, Defense) - Forecast 2023
Market Synopsis of Global Embedded Hypervisor Software Market:
An embedded hypervisor is a type of virtual machine, which can support the necessities of embedded systems. Embedded systems consist of two components, one of which, real-time component is critical to performing specific tasks in a particular period of time while non-real time component, helps process real time information, manage and configure data. An embedded hypervisor is a hypervisor that is programmed through a processor or a computer.
The global embedded hypervisor software market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The embedded hypervisor software market is highly competitive due to the presence of several large vendors.
For instance, In July, 2015, Pike OS a product of SYSGO AG captures the automotive market. Through the usage of PikeOS hypervisor in the automotive industry the company is delivering safety and security functions.
The factors contributing to the growth of the embedded hypervisor market are growth in the industrial automation sector since industrial application needs real time operating system, increasing concerns about cyber-attacks, rapid adoption of industrial automation across the globe and the growing usage of hypervisor in transportation sector. However, factors such as high power consumption and memory consumption, high infrastructure and maintenance cost are hindering the growth of the embedded hypervisor software market.
The market can be bifurcated on the basis of component, technology, tools, application and region. On the basis of component the market can be segmented into software and services. Out of the software, the market can be divided into android, linux and windows among others.
The global embedded hypervisor technology market is expected to grow at USD 2,887.21 million by the end of year 2023 with 6.46% CAGR during forecast period 2017-2023.
The key players in the global embedded hypervisor software market include- Oracle Corporation (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Mentor Graphics Corporation (U.S.), Blackberry (Canada), SYSGO AG (Germany), Sierraware LLC (U.S.), Citrix Systems, Inc (U.S.) and Red Hat, Inc (U.S.) among others.
Global Embedded Hypervisor Technology Market Structure
The global embedded hypervisor market is dived into four major geographies, namely America, Europe, Asia-Pacific and Middle East & Africa. The embedded hypervisor technology market was valued at USD 1,825.60 million in the year 2017. North America accounted for the largest market share with USD 629.89 million in 2016. The Asian region offers a huge growth potential for embedded hypervisor technology due to rapid technological development and existence of a large number of industries. Asian countries are slated to register the highest CAGR of 7.88% over the forecast period, 2017-2023, owing to increase demand in technology and investments by various manufacturers in the region.
Global Embedded Hypervisor Market, By Region