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    1. Commercial Aerospace

    Slow and steady growth expected for embedded software development tools market

    June 23, 2010
    NATICK, Mass., 23 2010. VDC Research analysts estimate that the market value for software development tools in 2009 was more than $290 million, about 10 percent less than 2008.
    Posted by John McHaleNATICK, Mass., 23 2010. VDC Research analysts estimate that the market value for software development tools in 2009 was more than $290 million, about 10 percent less than 2008. However, VDC analysts say they expect the embedded software development tools market will recover and grow cautiously in 2010 with incrementally higher growth rates through 2012. They provide this anlaysis in their latest report analyzing the markets for embedded software and system engineering solutions – "Embedded Software & Tools Market Intelligence Service, 2010 - Track 1: Embedded Software Engineering Market Technologies, Volume 2: Embedded Software Development Tools.""The widespread effects of the global economy were felt across geographies, vertical markets, and competitors in 2009, but VDC is optimistic about a steady, albeit slow, market recovery," says Steve Balacco, director of VDC Research's Embedded Software and Tools Practice. "Growth drivers throughout our 2012 forecast period include increasing complexity of embedded systems and devices and the growing need for more sophisticated software tools to support the development of multicore-based devices and systems."The new report is available for purchase. The full report provide detailed market definitions, estimates, forecasts, segmentations, and competitive share data across a variety of major embedded software technologies; in-depth, table-driven statistics of embedded system engineering requirements, preferences and trends across a variety of market segments; and insight into the specific embedded developer communities' current and future products, programming and management methods, tool needs, related spending plans, and other requirements, VDC officials say..A complimentary executive brief with high-level findings is also available for download at http://www.vdcresearch.com/_Documents/tracks/t1v2brief-2627.pdf.

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