The embedded system market size is expected to reach USD 116.2 billion by 2025 from USD 86.5 billion in 2020, at an annual growth rate of 6.1% during the forecast period.
Automotive industry segment is expected to grow at highest growth rate in coming years. Key factors fueling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric & hybrid vehicles vehicles.
At the same time we can see a demand for advanced point-of-care medical devices witnessed a drastic increase during the pandemic that is competing for engineering resources. As a result, resource management and establishing secure safety management processes has never been more important.
This predictions will create a large demand for embedded software and systems engineers.
