Definitely for the next few years, but who knows - RISC-V is catching up scarily fast from what I can tell
Wins in SOCs are things like Google's Titan M2 in Pixel 6, or inside various Seagate storage ASICs-- or NVIDIA's stated intent to replace the Falcon controller CPU in all of their products with RISC-V.
Yes, it's just a few percent of the embedded processor market, and all the current microcontroller use is very low end right now.
Of course, if NVIDIA ever does actually acquire ARM, that might change architectures again.