Embedded systems market to grow at 6.27% a year

VDC indicates that North American and European COTS (commercial, off the shelf) merchant board, system, OS and SW development tools shipments comprised over $2.3 billion in 2003, with a projected Compound Annual Growth Rate (CAGR) of 6.

VDC indicates that North American and European COTS (commercial, off the shelf) merchant board, system, OS and SW development tools shipments comprised over $2.3 billion in 2003, with a projected Compound Annual Growth Rate (CAGR) of 6.27% over the period 2003-2008. Shipments of COTS merchant computer boards to these markets were over US$ 670 million in 2003 This is expected to grow to US$ 835 million in 2008. Shipments of COTS integrated systems/subsystems accounted for just over US$ 1.6 billion in revenues in 2003, and are projected to grow to almost US$ 2.2 billion in 2008. Shipments of embedded OSs/RTOSs and software development tools, combined, comprised over US$ 120 million in shipments to the COTS market in 2003. This is expected to increase to over US$ 217 million in 2008.

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