– Widespread application in vehicles improve performance of advance driver assistance system (ADAS), underpinned by need for virtualization tech in next-gen automotive systems
– Penetration of IoT devices in end-use industries in North America to propel revenue streams in embedded hypervisor market; application in military sector for secure communications to bolster expansion
ALBANY, N.Y., Feb. 8, 2022 /PRNewswire/ — Embedded hypervisors have played a key role in cementing data security across enterprises in the aerospace, defense, automotive, industrial, BFSI, IT & telecom, and healthcare industries. Rapidly increasing adoption of modern hypervisors to support industry initiatives pertaining to adoption of artificial intelligence methods for their products is opening lucrative avenues. The global valuation of the embedded hypervisor market is projected to rise at CAGR of 6.7% from 2021 to 2031, and reach US$ 4.8 Bn by 2031.
Penetration of IoT and cloud computing services is underpinning the revenue prospects in the sales of embedded hypervisors. Enterprises are looking for…
