New York, USA, June 23, 2023 (GLOBE NEWSWIRE) -- According to the research report published by Market Research Future (MRFR), “Embedded Hypervisor Software Market By Component (Software, Service), By Technology (Desktop Virtualization), By Tools (Compile, Design), By Application (Aerospace, Defense) - Forecast 2030. The market for embedded hypervisor software is anticipated to reach USD 4.49 billion by the end of 2030, expanding at a 6.65% CAGR over the forecast period of 2020–2030.
Embedded Hypervisor Software Market Synopsis:
A sort of virtual machine that can accommodate the needs of embedded devices is called an embedded hypervisor. The real-time component of embedded systems is essential for completing specified tasks in a specific amount of time, whereas the non-real-time component aids in processing real-time data, managing it, and configuring it. A hypervisor that has been programmed using a processor or computer is known as an embedded hypervisor.
The market for embedded hypervisor software is very cutthroat. A competitive landscape is made up of numerous well-known domestic brands, established worldwide brands, and fresh competitors.
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Market Competitive Landscape:
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.)
- Red Hat, Inc (U.S.)
The major competitors are constantly looking to expand their market share through a variety of strategic mergers and acquisitions, innovation, rising R&D spending, and a cost-effective product range. The existence of numerous significant players makes the market for embedded hypervisor software extremely competitive. For instance, Pike OS, a product of SYSGO AG, successfully grabs the automobile market in July 2015. The company is providing safety and security features through the use of PikeOS hypervisor in the automotive industry.
Scope of the Report - Embedded Hypervisor Software Market:
| Report Metrics | Details |
| Market Size by 2030 | USD 4.49 Billion |
| CAGR during 2020-2030 | 6.65% |
| Base Year | 2019 |
| Forecast | 2020-2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Market Drivers | Increasing the adoption of BPO services in the IT & telecommunications sector |
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The industry is anticipated to pick up steam as a result of innovations and advances in virtualization technologies. Vehicle-to-vehicle and vehicle-to-environment real-time communication is made possible via hypervisor technology. The employment of a greater number of ECUs and various network interfaces is complicating how a vehicle operates.
The electronic systems of a vehicle can communicate with each other securely and reliably thanks to the usage of gateways and other electronic devices. A hypervisor improves network transmission while preserving network functioning.
The industrial automation market is expanding, as industrial applications require real-time operating systems, there are growing concerns about cyberattacks, industrial automation is being adopted quickly around the world, and the use of embedded hypervisors in the transportation industry is expanding. However, the market for embedded hypervisor software is being restricted by issues including costly infrastructure and maintenance costs, high power and memory use, and high-power consumption.
Because using hypervisor technology in cars raises production costs, the technology is primarily used in expensive cars. Over the projection term, this is anticipated to fuel the luxury vehicle segment's growth. The absence of a reliable data network causes information transfer to lag and ADAS failure. A further delay in relaying information about the path, a traffic bottleneck, and impediments is caused by ADAS failure. By allowing real-time information sharing, the hypervisor technology aids in reducing accidents.
As the popularity of electric vehicles rises, the market for embedded hypervisors in the automotive sector is expanding quickly. As advanced driver assistance systems (ADAS) are more often used and rely on sensors such
The market for embedded hypervisors is further boosted by the increasing use of V2I and V2V features.
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Embedded Hypervisor Software Market Segmentation
On the basis of component, technology, tools, application, and region, the market can be segmented.
The market can be divided into software and services based on component. The market can be segmented into various software categories, including android, linux, and windows.
By Technology, the market is segmented into Desktop and Virtualization.
By Tools, the market is segmented into Compile and Design.
By Application, the embedded hypervisors market is segmented into Aerospace and Defense.
Regional Insights:
The global embedded hypervisor market is dived into four major geographies, namely America, Europe, Asia-Pacific and Middle East & Africa. In 2017, the market for embedded hypervisor technology was worth USD 1,825.60 million. With USD 629.89 million, North America held the biggest market share in 2016. Due to its quick technical advancement and abundance of sectors, Asia presents a significant growth opportunity for embedded hypervisor technology. Due to rising technological demand and investments by various manufacturers in the region, Asian countries are expected to see the highest CAGR of 7.88% over the projection period of 2017–2023.
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The requirement for layered-based security in crucial components and systems is expanding in the aerospace and defence sector. Embedded hypervisor demand is also influenced by real-time operating systems. Support for safety, security, and virtualization is necessary for many real-time applications. Governments have also increased spending on defence and security due to rising geopolitical tensions between neighbouring nations like India, China, and Pakistan as well as ongoing hostilities in places like the Middle East and Africa and Russia and Ukraine.
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