The global embedded hypervisor technology market is expected to grow at USD 4.49 Billion by the end of year 2030 with 6.65% CAGR during forecast period 2020-2030. The market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Also provides a detailed analysis of global embedded hypervisor software market size, regional and country-level market size, segmentation market growth, market share
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.) are some of the prominent players at the forefront of competition in the Global Embedded Hypervisor Software Market and are profiled in MRFR Analysis.
Embedded Hypervisor Software Market - Overview
The Global Embedded Hypervisor Software Market is growing with the rapid pace; mainly due to the embryonic industrial automation. According to a recent study report published by the Market Research Future, The global market of Embedded Hypervisor Software is booming and expected to gain prominence over the forecast period. The global Embedded Hypervisor Software market is projected to accrual to USD 2,887.21 million by the end of year 2023, at a staggering CAGR of 6.46 % between 2017 and 2023.
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The Global Embedded Hypervisor Software Market is predominantly driven by the industrial automation sector since industrial application needs real time operating system. Rapid adoption of industrial automation across the globe and the growing usage of Hypervisor in transportation sector is fostering the market growth up to a large extent. Increasing concerns about cyber-attacks are leading to increasing number of embedded hypervisor installations as it provides an ideal way to maintain security. Moreover, the use of hypervisor in emerging application areas such as automotive and medical are propelling the market growth majorly.
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.
Virtualization is fast becoming a key enabling technology for embedded designs, offering the potential opportunity to consolidate multi-processor designs into a single processor multi-core design, legacy and proprietary embedded software migration and separation for performance and safety critical applications.
Hypervisor selection can be a tricky problem, especially when considering the design needs of an "embedded" virtualized platform. The challenge that is unique in the embedded space is how to maintain the deterministic behaviour that characterizes an embedded application while hosting rich applications that may not demand a time sensitive response from the system. But the non-response-time-sensitive applications could be running alongside the response sensitive embedded applications and thus consume some of the processor, memory and other platform resources. Therefore, having virtualization software that recognizes this need in embedded platforms is critical for the successful implementation of virtualization technology in embedded designs.
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Embedded Hypervisor Software Market - Competitive Analysis
Characterized by the presence of several major well-established players, the global Market of Embedded Hypervisor Software appears to be highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. Players operating in the global Embedded Hypervisor Software markets are focusing upon optimized situational awareness for customers and ensure their mission success. Well established players increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period.
In January, 2017, OpenSynergy announced that it is developing the industry's first software hypervisor for the ARM technology (a computing and connectivity company) To address increasing software complexity in devices such as autonomous vehicles and industrial control systems, this approach allows for the isolation of safety-critical functions from those that require less stringent control. In addition, it enables the consolidation of applications onto fewer electronic control units (ECUs) to both manage complexity and reduce cost.
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.
Embedded Hypervisor Software Market - Segmentation
The Embedded Hypervisor Software Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Component: Comprises Software and Services.
Segmentation by Application: Comprises Aerospace, Defence, Aerospace, IT/Telecommunications, Industrial, Automotive, Transportation and other.
Segmentation by Technology: Comprises Desktop Virtualization, Desktop Virtualization. Server Virtualization, Data Centre Virtualization among others.
Segmentation by Tools: Comprises Compile, Design, Debug Virtual Platforms among others.
Embedded Hypervisor Software Market - Regional Analysis
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 owing to the adoption of advent technologies and increasing threat of cyber-attacks. 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.
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