The Latest Embedded Systems Industry Statistics Explained
The global embedded systems market is expected to reach USD 116.2 billion by 2025
This statistic indicates the projected value of the global embedded systems market by the year 2025, estimated to reach USD 116.2 billion. Embedded systems refer to specialized computing systems designed to perform specific functions within larger systems or devices, such as consumer electronics, automotive systems, healthcare devices, and industrial machinery. The growth in the embedded systems market is driven by factors such as the increasing adoption of Internet of Things (IoT) technologies, advancements in connectivity and communication technologies, and the demand for more efficient and intelligent devices across various industry sectors. The projected market value reflects the continued expansion and integration of embedded systems into a wide range of applications, highlighting the significance and potential growth opportunities in this technological sector.
The embedded systems market in the Asia Pacific region is expected to exhibit the highest CAGR of more than 7% from 2019 to 2025.
The statistic indicates that the market for embedded systems in the Asia Pacific region is projected to experience a Compound Annual Growth Rate (CAGR) of over 7% from 2019 to 2025. This implies that the demand and adoption of embedded systems, which are specialized computing systems designed for specific tasks or functions within larger systems, are expected to grow significantly in the region over the specified timeframe. The high CAGR suggests a favorable market environment driven by factors such as technological advancements, increasing investments in industries like automotive, healthcare, and consumer electronics, and the rising trend of automation. This growth forecast signifies opportunities for companies operating in the embedded systems industry in the Asia Pacific region to expand their market presence and capitalize on the increasing demand for such technologies.
Automotive embedded systems are projected to reach a market size of around USD 60.5 billion by 2027
This statistic indicates that the market size of automotive embedded systems is expected to grow significantly over the next several years, reaching approximately $60.5 billion by the year 2027. Automotive embedded systems refer to electronic systems integrated into vehicles to control various functions such as engine management, infotainment systems, safety features, and diagnostics. The projected growth in this market suggests a rising demand for advanced technologies in the automotive industry, likely driven by factors such as the increasing adoption of electric vehicles, autonomous driving technologies, and connectivity features. This growth projection signals potential opportunities for companies operating in the automotive and technology sectors to innovate and capitalize on the evolving trends within the industry.
In 2020, 8-bit architecture dominated the embedded systems market and held over 30% of the revenue share
The statistic indicates that in the year 2020, the 8-bit architecture was the predominant technology used in embedded systems, accounting for over 30% of the total revenue generated in the market. Embedded systems are specialized computer systems designed to perform specific tasks within larger systems or devices. The dominance of 8-bit architecture suggests that a significant portion of these embedded systems were utilizing processors capable of handling data in 8-bit chunks at a time. This statistic implies that manufacturers and developers heavily relied on 8-bit technology for various applications, highlighting its popularity and efficiency in meeting the demands of the embedded systems market during that time.
The market size of embedded software is expected to grow at a CAGR of 7% between 2021 to 2026.
This statistic indicates that the market size of embedded software, which refers to software that is embedded within devices or systems to perform specific functions, is projected to experience a Compound Annual Growth Rate (CAGR) of 7% over the period from 2021 to 2026. This forecast suggests that the demand for embedded software is expected to increase steadily over the next five years, driven by factors such as the proliferation of smart devices, the Internet of Things (IoT), and advancements in technology. The CAGR of 7% signifies a relatively healthy growth rate, highlighting the expanding opportunities and market potential for companies operating in the embedded software industry during the specified time frame.
The real-time operating systems sector in the embedded systems market is projected to grow at a significant CAGR of over 8% from 2021 to 2027.
The statistic states that the real-time operating systems sector within the embedded systems market is expected to experience a substantial compound annual growth rate (CAGR) of over 8% during the period from 2021 to 2027. This projection suggests a strong upward trend for real-time operating systems, indicating an increasing demand for this technology within embedded systems. The growth in this sector is likely attributed to the rising adoption of real-time operating systems across various industries for applications requiring precise and time-sensitive operations, such as automotive, industrial automation, and consumer electronics. The forecasted CAGR of over 8% signifies a promising outlook for real-time operating systems, highlighting opportunities for market expansion and innovation within the embedded systems industry over the specified timeframe.
The automotive sector holds a 24.3% share in the embedded systems market in 2020.
The statistic indicates that in 2020, the automotive sector accounted for 24.3% of the total embedded systems market. This means that nearly a quarter of all embedded systems sold during that year were utilized within the automotive industry for various applications such as vehicle control systems, infotainment systems, driver assistance technologies, and more. This high share highlights the significant role of embedded systems in advancing automotive technology and enhancing functionalities within vehicles. Additionally, it underscores the importance of the automotive sector as a major driver of growth and innovation within the embedded systems market in 2020.
Europe embedded systems market is expected to reach USD 35.5 billion by 2025.
The statistic ‘Europe embedded systems market is expected to reach USD 35.5 billion by 2025’ indicates the projected total value of embedded systems market in Europe by the year 2025. Embedded systems refer to specialized computing systems designed to perform specific functions within larger systems, such as electronic devices or machinery. The growth forecast suggests an increasing demand for embedded systems across various industries in Europe, driven by factors like technological advancements, industrial automation, and the Internet of Things. This projection can provide valuable insights for businesses, policymakers, and investors looking to capitalize on the evolving landscape of embedded systems technology in the European market.
In 2018, the microprocessor sector contributed more than 55% to the overall embedded systems market.
In 2018, the microprocessor sector’s contribution to the embedded systems market exceeded 55%, indicating that a significant portion of the market is driven by microprocessor technology. This statistic suggests that microprocessors play a crucial role in powering embedded systems, which are computer systems designed for specific applications within larger systems. The prominence of microprocessors in this sector highlights their importance in enabling various industries to implement advanced and specialized technologies. Additionally, the statistic implies that the microprocessor sector likely holds a significant influence on the overall growth and innovation within the embedded systems market in 2018.
The consumer electronics sector accounted for a large chunk – 50% share, of the global AI in embedded IoT devices market in 2019.
This statistic indicates that the consumer electronics sector held a significant position within the global market for Artificial Intelligence (AI) in embedded Internet of Things (IoT) devices in 2019. Specifically, it held a substantial 50% share, highlighting the sector’s strong presence and influence within this particular market segment. This suggests that consumer electronics companies were major players in incorporating AI technology into IoT devices, emphasizing their commitment to innovation and technological advancement. The statistic also implies that the consumer electronics sector likely had a significant impact on the growth and development of AI in embedded IoT devices during that year, showcasing the sector’s importance in shaping the market landscape.
North America holds the largest market share for embedded systems due to substantial investments in advanced technologies.
The statistic highlights that North America leads in market share for embedded systems, primarily due to significant investments in advanced technologies. This suggests that companies and organizations in North America are heavily focused on developing and implementing sophisticated embedded systems across various industries. The region’s commitment to innovation and cutting-edge solutions likely contributes to its dominance in this market segment, as companies prioritize investing in advanced technologies to stay competitive and meet the evolving needs of their customers. This statistic underscores the region’s leadership in driving technological advancements and shaping the future of embedded systems on a global scale.
The industrial automation sector of embedded systems is expected to reach $41.5 billion by 2027.
The statistic indicates that the industrial automation sector of embedded systems is projected to grow significantly, reaching a market value of $41.5 billion by the year 2027. This growth is likely driven by advancements in technology, increased automation trends in various industries, and the rising demand for smart and connected devices in manufacturing processes. The expanding adoption of embedded systems in industrial settings for tasks such as monitoring, control, and optimization is expected to fuel market expansion. This projection suggests a prosperous future for the industrial automation sector, with opportunities for companies to capitalize on the growing demand for embedded systems in various industrial applications.
The military & defense sector is predicted to grow at over 6% CAGR during 2021 to 2027.
The statement suggests that the military and defense sector is expected to experience substantial growth over the period from 2021 to 2027, with a Compound Annual Growth Rate (CAGR) exceeding 6%. This growth rate indicates a steady and consistent increase in the sector’s performance and market size over the stated timeframe. Factors such as increasing defense budgets, geopolitical tensions, technological advancements, and a rising focus on national security are likely driving this growth projection. The prediction of over 6% CAGR signifies a positive outlook for the military and defense industry, indicating potential opportunities for growth, investment, and development within the sector in the coming years.
China is projected to witness considerable growth in the embedded systems market with a CAGR of 6.5% by 2025.
The statistic indicates that China is expected to experience significant expansion in the embedded systems market over the forecast period until 2025, with a projected Compound Annual Growth Rate (CAGR) of 6.5%. This growth rate suggests a steady and consistent increase in the adoption and utilization of embedded systems technology within various industries in China. This trend may be driven by factors such as increasing demand for connected devices, Internet of Things (IoT) applications, automation, and advancements in technology. The anticipated growth signifies potential opportunities for businesses operating in the embedded systems industry to target the Chinese market and leverage this upward trajectory for their products and services.
The overall embedded systems market size will be further expanded due to wide application in electric vehicles, with its market expected to surpass USD 141 billion by 2026.
This statistic suggests that the overall market size for embedded systems is projected to experience significant growth, primarily driven by the increasing use of embedded systems in electric vehicles. With a forecasted market value exceeding USD 141 billion by 2026, this indicates a substantial expansion in the demand and deployment of embedded systems within the automotive industry. The integration of embedded systems facilitates various functionalities in electric vehicles, such as monitoring, control, and communication, contributing to enhanced performance and efficiency. As the electric vehicle market continues to grow, the demand for embedded systems is expected to rise correspondingly, leading to a substantial market opportunity and economic impact in the coming years.
India’s embedded systems market is estimated to expand at a compound annual growth rate (CAGR) of 16.7% from 2021 to 2027.
The statistic stating that India’s embedded systems market is projected to grow at a compound annual growth rate (CAGR) of 16.7% from 2021 to 2027 implies that the market is expected to experience a steady and significant increase in revenue and size over the specified period. The CAGR represents the average annual growth rate of the market during this timeframe, indicating the sustained trajectory of expansion. This promising growth forecast suggests a positive outlook for the embedded systems industry in India, reflecting increasing demand, technological advancements, and potential opportunities for investment and innovation within this sector.
By 2027, the market size of embedded systems in healthcare will reach USD 43.4 billion, growing at a CAGR of 8.2%.
This statistic indicates that the market size of embedded systems in the healthcare industry is forecasted to reach USD 43.4 billion by the year 2027. This growth projection is based on a compound annual growth rate (CAGR) of 8.2%, suggesting a steady and significant increase in market value over the specified time period. Embedded systems are increasingly utilized in various healthcare applications such as medical devices, patient monitoring systems, and telehealth solutions. The projected market growth reflects the escalating demand for innovative technology solutions in the healthcare sector to enhance patient care, optimize processes, and improve overall efficiency.
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