Embedded Systems Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Embedded Systems Market Size By 2025?
In recent times, the market size of embedded systems has experienced significant growth. Projections anticipate a surge from $110.89 billion in 2024 to $121.55 billion in 2025, leading to a compound annual growth rate (CAGR) of 9.6%. Establishing standards and certifications has contributed to the growth during the historic period by enhancing the reliability and safety of embedded systems. Additionally, the increased focus on cybersecurity has resulted in the evolution of secure embedded systems to defend against potential threats. The expansion of global manufacturing competencies has made the production of embedded systems more cost-effective. This growth is also fueled by rising consumer demand and energy efficiency.

How Big Is the Embedded Systems Market Size Expected to Grow by 2029?
Anticipation surrounds the embedded systems market, predicted to witness robust expansion in the coming years. The market is projected to surge to $173.8 billion by 2029, spearheaded by a compound annual growth rate (CAGR) of 9.4%. This anticipated surge for the forecast period is linked to several factors such as the need for systems with real-time data processing capabilities, the drop in prices for embedded system components, an increased demand for customized embedded solutions, expansion of these systems in emerging nations, and their application in sustainable energy solutions like solar, wind, etc. The forecast period is also expected to see the rise of various trends like the utilization of state-of-the-art embedded systems for military purposes, enhanced incorporation with cloud platforms, the development of Industry 4.0, an extension in telematics services, and the employment of blockchain technology.

View the full report here:
https://www.thebusinessresearchcompany.com/report/embedded-systems-global-market-report

Which Key Market Drivers Powering Embedded Systems Market Expansion and Growth?
The growing emphasis on energy efficiency and sustainability is projected to fuel the expansion of the embedded systems market. These terms refer to the practice of accomplishing the same tasks with less energy, reducing energy wastage, and adopting tactics and technologies which satisfy present needs without jeopardizing the capacity of future generations to satisfy their own needs. The necessity for energy efficiency and sustainability is heightened due to rising anxiety about environmental deterioration, resource exhaustion, and climate change. Embedded systems aid in energy efficiency and sustainability by enhancing energy usage, incorporating renewable energy sources, and promoting intelligent grid technologies. For instance, the International Energy Agency (IEA), a France-based intergovernmental body, reported in May 2023, that global energy investment escalated to $1,740 billion in 2023 from $1,617 billion in 2022. In 2023, approximately $2.8 trillion will be invested in energy. More than $1.7 trillion is earmarked for clean energy endeavors, including renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvements, end-use renewables, and electrification. Thus, the growing emphasis on energy efficiency and sustainability is pushing the advancement of the embedded systems market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16048&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Embedded Systems Market?
Leading businesses in the embedded systems market are innovating security measures to safeguard embedded devices and systems against cyber vulnerabilities. These security solutions fortify embedded systems and devices from cyber threats through various tactics such as encryption, authentication, and safe boot methods. For instance, in July 2023, Kaspersky - a prominent cybersecurity and anti-virus software corporation based in Russia, introduced Kaspersky Embedded Systems Security. This system provides advanced security for Linux-based embedded devices that are customized according to their distinct security requirements. The system employs a multi-tiered defense mechanism, application controls, and integrity monitoring, which ensures adherence to safety norms and protection against emerging threats.

What Are the Emerging Segments in the Embedded Systems Market?
The embedded systems market covered in this report is segmented -

1) By Component: Hardware, Software, Services
2) By Function: Real-Time, Standalone, Mobile, Networked
3) By System Size: Small Size, Medium Size, Large Size
4) By End-Use Industry: Automotive, Consumer Electronics, Aerospace And Defense, Healthcare, Telecommunication, Industrial, Other End-Use Industries

Subsegments:
1) By Hardware: Microcontrollers (MCUs), Microprocessors (MPUs), Digital Signal Processors (DSPs), Application-Specific Integrated Circuits (ASICs), Field-Programmable Gate Arrays (FPGAs), Sensors, Power Management ICs
2) By Software: Real-Time Operating Systems (RTOS), Embedded Software Development Tools, Middleware, Firmware
3) By Services: Design And Development Services, Consulting Services, Maintenance And Support Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16048&type=smp

Who Are the Global Leaders in the Embedded Systems Market?
Major companies operating in the embedded systems market are Samsung Electronics, Sony Semiconductor Solutions Corporation, Siemens AG, Intel Corporation, Qualcomm Technologies Inc., Honeywell International Inc., Broadcom Inc., Nvidia Corporation, Advanced Micro Devices Inc., Texas Instruments, STMicroelectronics, Infineon Technologies AG, NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, ON Semiconductor, Microchip Technology Inc., Marvell, Vishay Intertechnology Inc., Arm Limited, Silicon Labs, Nordic Semiconductor, Lattice Semiconductor, Raspberry Pi Foundation, Arduino

Which are the Top Profitable Regional Markets for the Embedded Systems Industry?
North America was the largest region in the embedded systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the embedded systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16048

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.