"The Asia-Pacific embedded systems market size is projected to reach $81 billion in 2023 from $46 billion in 2014, while it is predicted to be $15 billion in India from $5 billion," said UBM India Group Head Apporba Kumar at a conference on electronics and embedded systems here.
Noting that the Indian embedded systems community was on a growth path with a focus on creating an ecosystem, he said the industry, academia and the government were promoting 'Made in India' products across verticals such as automotive, defence, telecom and medical for global markets.
"The game-plan is to establish aBrand India' and make our country a go-to destination for global majors to manufacture electronic products in India," said Kumar.
Embedded engineers and designers from across the country and the world over are participating in the three-day conference-cum-expo in which 100 embedded firms are showcasing their innovative solutions and products.
"The whole society is dependent on embedded software and looks to embedded systems for solutions to the problems of our time, including environment protection, energy production and delivery, transportation, and healthcare," said Digital Networking Director Rob Oshana.
With the Moore's Law marching into its fifth decade, even hardware design is becoming more like software development.
Largest chip maker Intel's co-founder Gordon Moore predicted in 1965 that the number of transistors per square inch on integrated circuits would double every year and continue into the foreseeable future.
"There is no doubt in my mind that the golden time of embedded systems programming is now," reiterated Oshana.
UBM India is an arm of UBM Asia, a leading organiser of technology conferences and exhibitions in China India and Malaysia to provide industry platforms for buyers and sellers the world over.
