New York, March 30, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Embedded Hypervisor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software, Services), Technology (Desktop Virtualization, Server Virtualization, and Data Centre Virtualization), Enterprise Size (Small and Medium Enterprises, Large Enterprises), and Industry (BFSI, IT and Telecom, Aerospace and Defence, Automotive, Healthcare, Transportation, Others)”, the global embedded hypervisor market growth is driven by growing demand for safety & security systems of modules, increasing investment in IoT devices in the manufacturing sector, and increase in preference for real-time operating system in industrial automation sector, growing adoption of embedded hypervisor in vertical of industrial applications.
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| Report Coverage | Details |
| Market Size Value in | US$ 5.04 Billion in 2021 |
| Market Size Value by | US$ 7.82 Billion by 2028 |
| Growth rate | CAGR of 6.5% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
| No. of Pages | 216 |
| No. Tables | 115 |
| No. of Charts & Figures | 94 |
| Historical data available | Yes |
| Segments covered | Component, Technology, Enterprise Size, and Industry |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Embedded Hypervisor Market: Competitive Landscape and Key Developments
According to the embedded hypervisor market analysis, Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; VMware, Inc.; Wind River Systems, Inc.; NXP Semiconductors; Thales Group; Fent Innovative Software Solution; S.L.; Lynx Software Technologies; and Siemens AG are among the key players profiled in this report on the embedded hypervisor market. In addition to these players, several other key market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem.
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In January 2021, Citrix Systems, Inc. acquired Wrike, Inc. and worked on updating its unified digital workspace technology portfolio, which includes desktop and application virtualization tools and content collaboration software.
The rising cyber security threats and concerns in military systems and increasing several military departments looking for advanced technology to reduce cyber threats offer growth opportunities to the key players operating in the embedded hypervisor market. Moreover, in hostile network environments, to achieve complete security, the linked security system is integrated with desktop virtualization, server virtualization, and data center virtualization. The embedded hypervisor, has multiple layers of security; that ensures the module efficiencies, retaining security capabilities, and application availability; helping military applications run continuously. With the rising adoption of cloud-based software, small and medium enterprises are adopting embedded hypervisors due to data security, data backup, and system upgrades.
Furthermore, the market is growing due to the rising adoption of advanced technologies such as blockchain, hybrid architecture, artificial intelligence, and machine learning. There are many lucrative opportunities in the US due to the US's promotion of the Cross Border Privacy Rules (CBPR), which attracted several investors to invest in information technologies. Furthermore, in September 2020, the government of the US announced a US$1 billion investment in researching Industry 4.0 technologies. Thus, booming investment in advancing technology is bolstering the market growth. The surging adoption of industrial automation in China and India has attracted many Foreign Direct investments (FDIs) to invest more in this region. The government's initiatives and favorable policies in developing the automotive sector further are supporting the embedded hypervisor market growth.
In addition, the demand for embedded hypervisors in the automotive industry is rapidly increasing due to a growing preference for electric vehicles, thereby fueling market growth. An advanced driver assistance system (ADAS) is a robust system that uses sensors in vehicles, such as cameras and radars. The embedded hypervisor market is expected to benefit from the increased adoption of V2I and V2V features during the forecast period.
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Increase in Preference for Real-Time Operating System in Industrial Automation Sector Drives Embedded Hypervisor Market Growth:
Integrating, the real-time operating system (RTOS) in industrial automation enhances the process of scheduling, memory management, and file management, allowing them to run as a single process. Thus, associated advantages and growing demand for RTOS in vertical industrial applications are fueling the demand for embedded hypervisors, which is driving the embedded hypervisor market growth.
Automation in manufacturing has been a constant factor leading to transformation in the factory floor operations, manufacturing employment, and the dynamics of the manufacturing sector. Current trends in the manufacturing industry, such as robotics, machine learning, and artificial intelligence, enabled the machines to match or even outpace humans in a range of activities, including the cognitive activities required at various levels of manufacturing.
Further, Industry 4.0 is another trend anticipated to fuel the manufacturing sector in the coming years. The advent of Industry 4.0 and the Industrial Internet of Things (IIoT) utilize the powers of collaborative robots and automated guided vehicles, thereby propelling productivity in the manufacturing sector. Manufacturing of consumer electronics, healthcare-related products, automobiles, and defense industries are a few of the prominent industry verticals that have been prolific in the RTOS into the manufacturing assembly lines. Thus, these growth prospects in industrial automation are driving the adoption of RTOS, which is further expected to drive embedded hypervisor market share over the forecast period.
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Embedded Hypervisor Market: Technology Overview
According to the IoT security market analysis, technology, the market is segmented into desktop virtualization, server virtualization, and data center virtualization. The desktop virtualization segment contributed the largest embedded hypervisor market share to the revenue of the overall market in 2020. Desktop virtualization is an essential component of digital workspaces, dependent on application virtualization. IT administrators use desktop virtualization software to centralize security control over users’ access to data and applications. Therefore, the growth of the market is increasing as desktop virtualization offers significant advantages over physical desktop machines, such as security, remote work, and resource management.
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