Hardware Holds 51.5%, but the Embedded System Market’s Software Side Is Accelerating
Your smartwatch, your car’s driver-assistance features, the robot arm on a factory floor and the heart monitor in a hospital room all run on embedded systems. Most people never see them, but the global embedded system market, valued at USD 112.3 billion in 2024, is projected to reach USD 169.1 billion by 2030. That is a 7.1% CAGR from 2025 to 2030, with an estimated USD 128.2 billion in...
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