Recently published research by Venture Development Corporation (VDC) indicates that embedded software design methodologies will continue to shift toward model-based approaches in order to address the growing complexity associated with embedded systems development. VDC expects that evolving industry-specific requirements will further augment the adoption of design automation technologies, such as dynamic system design tools. VDC defines the dynamic system design tools market to include proprietary language-based software and system modeling tools typically intended to automate the process of designing and simulating dynamic systems and control applications that often interact with complex physical phenomena.
Beyond the desire to generate reliable, compile-ready code from higher levels of abstraction across industries, the need for such solutions specifically tailored for requirements within safety-critical markets will continue to drive the adoption of model-based design methodologies. Furthermore, as the majority of revenue within the dynamic system design tool market is generated from the heavily regulated aerospace and automotive industries, VDC expects that tools offering efficient documentation and code generation that comply with the evolving industry standards will realize a competitive advantage going forward.
“Much of this industry’s growth will be fueled by the rate at which industry standards bodies, such as automotive’s AUTOSAR, alter or append their requirements,” says Chris Rommel, Research Associate of VDC’s Embedded Software Practice. “In addition, the evolution and emergence of standards within additional high-growth vertical markets, such as in the medical, telecom/datacom, and mobile phone industries, should provide added incentives for the adoption of dynamic system design tools in those industries where increasing project complexity alone is warranting further use of model-base design solutions.”
Within the Volume 6: Embedded Dynamic System Design Tools report, VDC explores these and other critical issues and offers several strategies for commercial dynamic system design tools suppliers to effectively compete in the embedded market.
Venture Development Corporation (VDC) is an independent technology market research and strategy consulting firm that specializes in a number of datacom/telecom, component, industrial, retail automation, RFID, AIDC, embedded, and defense markets. VDC has been operating since 1971, when graduates of the Harvard Business School and Massachusetts Institute of Technology founded the firm. Today, we employ a talented collection of analysts and consultants who offer a rare combination of expertise in the market research process; experience in technology product and program management; and formal training in engineering and marketing. VDC’s clients include thousands of the largest and fastest-growing technology suppliers in the world and the most successful investors participating in the markets we cover.