System on Module Market Size and Overview
System on
a module (SOM) is a circuit that encompasses a
variety of functions on a single chip. It has applications in drones, industrial-human
machine interface, automation, deep learning, and ebook readers. The global
system on module market report by Market Research Future (MRFR) provides
approximate projections on revenue and growth for the forecast period (2022-2030)
using market drivers and hurdles. The COVID-19 pandemic and its impact on the
industry are explained in a comprehensive language.
System on
Module Market Competitive Analysis
Avnet,
Inc., Eurotech, Inc., Avalue Technology, EMAC, Inc., VIA Technologies, Inc.,
Connect Tech, Inc., Congatec AG, Toradex, Phytic, Kontron S&T AG, SECO
S.p.A, Axiomtek Co., Ltd, National Instruments Corporation, Microchip
Technology, Inc., TechNexion Ltd, Advantech Co., Ltd, and AAEON Technology,
Inc. are key players in the global system on module market.
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System on
Module Market Scope
The global
The global System on Module Market market is estimated to register a CAGR of
over 8.3% to reach USD 5,103.8 Million by
the end of 2030. Opportunities in automation and digital transformation of
factories can disrupt the market. Recently, the DeviceEdge Mini leverages the
power of the NVIDIA Jetson platform through a SOM chip. The chip can build AI
applications on a massive scale.
But complexities
in x86 processors can limit market growth.
System on
Module Market COVID-19 Impact
The
COVID-19 pandemic has had a neutral impact on the SOM market. The delay in
production of wireless and portable devices can hinder the market growth. But
the use of SOM in portable devices for detecting the presence of COVID-19 and
other diseases has bolstered the market prospects. Recently, researchers at
CSAIL have designed a wireless device capable of providing remote assistance to
patients. Demand for advanced robots can boost market value.
System on
Module Market Segmentation
On the
basis of type, the system on module (SoM) market is segmented into arm
architecture, X86 architecture, and power architecture.
The X86
architecture is dominating the market and the ARM architecture is the highest
growing sub-segment in the market. The ARM architecture growth is majorly
driven by its low complexity compared to x86 processors, accelerating the
adoption of ARM-based processors in various boards and modules. The demand for
ARM processors in SoM is continuously increasing owing to their single cycle
computing. Acorn RISC Machine (ARM) is a family of reduced instruction set
computing (RISC) architectures for computer processors, configured for various
environments. ARM processors are desirable for light, portable, battery-powered
devices, including smartphones, laptops, and tablet computers, as well as other
embedded systems. Some of the leading manufacturers of ARM-based systems on
chips are Congatec AG, Digi International, and Kontron.
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System on
Module Market Regional Analysis
Asia-Pacific
(APAC), North America, Europe, and Rest-of-the-World (RoW) are major regions
covered in respect to the prospects of the system on module market.
APAC is
expected to capture a major market share owing to uptick in sales of wearable
devices and penetration of IoT in regular lives of consumers. Rise of
industrial automation and penetration of industrial robots in the manufacturing
sector can drive regional market growth. The goal of high productive levels
across industries coupled with utilization of system on module for
communicating with multiple gateways can favor the demand in the region.
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