
The embedded hypervisor software market is growing rapidly. Rapid technological advances in vehicle connectivity and interactive safety system and the spurring rise in the automotive sectors worldwide are major trends.
With the increasing demand for smart consumer electronic devices such as smartphones, tablets, televisions, and smartwatches, the market is projected to create a substantial market value in future years. According to Market Research Future (MRFR), the global embedded hypervisor software market is projected to grow at a phenomenal CAGR throughout the assessment period (2020-2027).
Industrial applications need real-time operating systems, increasing concerns about cyber-attacks. Rapid industrialization and industrial automation across the globe create a vast demand for embedded hypervisor solutions. Additionally, the growing usage of hypervisor solutions in the automotive and transportation sectors and the proliferation of IoT devices drive the growth of the market.
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Conversely, factors such as high power and memory consumption and maintenance costs associated with embedded hypervisor infrastructure hinder the market growth. Also, the lack of technical expertise is the major factor forecasted to impede the market's growth.
Nevertheless, increasing demand from the burgeoning end-use industries, such as medical devices, telecom, and automotive, would support the market growth during the assessment period.
Global Embedded Hypervisor Software Market - Segments
Component
- Software
- Services
Technology
- Desktop Virtualization
- Server Virtualization
- Data Center Virtualization
Tools
- Compile
- Design
- Debug Virtual Platforms
- Others
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Applications
- Aerospace
- IT/Telecommunications
- Industrial
- Automotive
- Transportation
- Others
Global Embedded Hypervisor Software Market - Regional Analysis
North America dominates the global embedded hypervisor software market. The largest market share attributes to increasing IT requirements and rising demand from the smart home segment. Besides, rapid technological advances in smart devices boost the region's embedded hypervisor software market share.
The strong presence of major technology providers and well-established research and development centers impacts the embedded hypervisor software market size. Moreover, high spending on personal devices and the technology environment and semiconductor boom are major embedded hypervisor software market trends.
Global Embedded Hypervisor Software Market - Competitive Analysis
Highly competitive, the embedded hypervisor software market appears fragmented due to the presence of several well-established players. Key strategies traced from recent developments of industry players include agreement & partnership, acquisitions, expansion, and product or technology launch. These players make substantial R&D investments to deliver reliable, leading-edge products & services and drive their expansion plans.
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Major Players:
Players leading the global embedded hypervisor software market include
- Microsoft Corporation (US)
- Oracle Corporation (US)
- IBM Corporation (US)
- Blackberry (Canada)
- Mentor Graphics Corporation (US)
- SYSGO AG (Germany)
- Citrix Systems, Inc (US)
- Sierraware LLC (US)
- Red Hat, Inc (US)
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