Real-time Operating System Market size is projected to surpass USD 16 Billion by the end of 2036, expanding around 8% CAGR during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of real-time operating systems was USD 7 Billion. This growth in the RTOS market revenue is set to be influenced by growing demand for automotive which is further boosting the need for automotive electronics. Global automotive sales rose from close to 65 million vehicles in 2021 to approximately 66 million vehicles in 2022. Therefore, the deployment of real-time operating systems is growing. Reliable RTOS for automotive applications is now essential due to the growing number of features on vehicles being controlled by software. Advanced Driver Assistance Systems (ADAS) have demonstrated that immediate response to environmental events is critical for safety.
Furthermore, the government is launching strict regulations to ensure in safety of vehicles and drivers on account of the growing prevalence of accidents all across the world. Hence, this is also influencing automakers to adopt real-time operating systems which is expected to boost the real-time operating system market expansion.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~8% |
Base Year Market Size (2023) |
~ USD 7 Billion |
Forecast Year Market Size (2036) |
~ USD 16 Billion |
Regional Scope |
|
Type (Soft RTOS, Hard RTOS, Firm RTOS)
The soft RTOS segment in the real-time operating system market is expected to gather the highest revenue share of about 50% during the forecast period. A soft real-time RTOS can withstand delays in the operating system. This sort of RTOS assigns deadlines to specific tasks yet is tolerant of brief delays. Consequently, deadlines are handled elegantly by this kind of RTOS. Furthermore, the growing trend of smart homes is also projected to influence the segment growth. For instance, globally, by 2024, customers are expected to spend over USD 92 million annually on home automation. With more and more individuals looking to automate their homes and simplify their lives, smart home technology is growing in popularity. The advancement of smart home technology depends heavily on embedded systems programming, which gives gadgets the ability to interact with one another and carry out intricate tasks. Therefore, with the growing adoption of embedded systems in smart homes the deployment of soft RTOS is also expected to surge.
Application (Automotive, Consumer Electronics, Manufacturing, Healthcare, Military & Defense, IT & Telecom)
The IT & telecom segment in the real-time operating system market is projected to generate the highest revenue share of over 30% during the forecast period. Owing to their vital requirement for real-time responsiveness, RTOS is in high demand in telecom and IT applications. Reliable and fast data transfer with minimal latency is made possible by the use of RTOS in telecom equipment management. In the case of cellular base stations, for instance, RTOS is used extensively. Router and switch operating systems are essential to the reliable operation of networking equipment such as switches and routers. They perform duties such as data packet processing, security, and network management. In these industries, RTOS is especially crucial due to the growing demand for quick and continuous data services.
Our in-depth analysis of the global real-time operating system market includes the following segments:
Type |
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Enterprise Size |
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Application |
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North American Market Analysis
North American real-time operating system market is projected to hold 35% of the revenue share by 2036. This growth of the RTOS market is set to be influenced by the rising trend for autonomous vehicles. Approximately 1,300 self-driving cars, trucks, and other vehicles were being tested by 80 businesses in 36 states as of 2021. Moreover, the utilization of real-time operating systems in aerospace is also growing in this region. The aerospace industry's attempts to reduce cost and increase safety while reducing size, weight, and power (SWaP) consumption have benefited greatly in the last several years owing to RTOSs.
APAC Market Analysis
The real-time operating system market in Asia Pacific is also projected to have notable growth in the market over the forecast period. This growth of the RTOS market is set to be influenced by the growing urban population in this region which is boosting the growth in the automotive, and consumer electronics sectors hence further necessitating the adoption of real-time operating systems. Furthermore, the trend of telemedicine is also surging in this region on account of the growing geriatric population. Moreover, the deployment of RTOS in various healthcare devices is also high. Hence, all these factors are projected to dominate the real-time operating system market expansion in this region.
Author Credits: Abhishek Verma
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