Embedded Graphical User Interface (GUI) Development Software Market Research Report Information by Component (Software, and Services), Organization Size (SMEs, and Large Enterprises), Industry Vertical (Healthcare & Medical, Industrial, Automotive, Consumer electronics, BFSI, and Others) and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) – Industry Forecast Till 2032
The Embedded Graphical User Interface (GUI) Development Software Market was valued at USD 194.9 million in 2023. The Embedded Graphical User Interface (GUI) Development Software market is expected to increase from USD 239.8 million in 2024 to USD 1,643.2 million by 2032, with a compound yearly growth rate (CAGR) of 27.2% during the forecast period (2023-2032).
Embedded GUI development software tools allow R&D teams and UI designers to swiftly and collaboratively create rich animated user interfaces for resource-constrained embedded devices. The tools let you create intuitive, clean, seamless, and eye-catching interfaces more quickly. The software tools are utilized in a variety of industries, including medical, automotive, industrial, smart home and IoT, and wearable technology.
Rapid changes in consumer demographics, such as shifting lifestyle patterns and tastes, are expected to boost product demand, propelling the wearables and personal devices segments' market growth. Furthermore, growing consumer spending on personal care products is likely to boost demand for wearable devices. Smartwatches are popular with swimmers, cyclists, runners, and gym goers since they track calories burned, hourly activity, and stationary time. As a result, fast expansion in the wearables and personal devices industries is fueling market demand for embedded GUI development software.
Market Segment insightsThe market has been divided into two segments based on component: software and services.
The market is divided into two segments based on organization size: SMEs and large organizations.
Regional insightsIn 2023, North America dominated the market with a 37.8% share, followed by Europe and Asia Pacific with 27.3% and 25.4%, respectively.
North America is predicted to be the largest market for Embedded GUI development software over the forecast period. The embedded GUI development software market in North America is expanding due to rising demand for user-friendly and interactive embedded systems.
The Asia-Pacific region is expected to provide lucrative opportunities for the market, while the growing number of technology start-ups, new opportunities in smart office and remote working environments, and rapid technological advancements in GUI design software tools are expected to limit the embedded GUI development software market's growth.
The embedded GUI development software market in Europe is expanding, fueled by the exponential growth of the Internet of Things (IoT), which is driving demand for embedded GUI development tools, as well as rising customer expectations such as new types of connectivity, longer battery life, and data-driven features.
Key Market Players Altia Inc., MicroEJ, Tara Systems GmbH, IBIS Solutions APS, Embien Technologies India Pvt. Ltd., Amulet Technologies, STMicroelectronics, Crank AMETEK Rightware, and The Qt Company are among the market's key players.