System on Module (SoM) Market Poised to Surpass USD 5,545 Billion by 2030
Title:Technological Advancements and Growing IoT Integration Fuel Rapid Expansion in System on Module (SoM) Market
Summary:The global System on Module (SoM) market is projected to grow from USD 2,393.92 billion in 2023 to USD 5,545.31 billion by 2030, registering a CAGR of 12.75% during the forecast period. Driven by escalating demand for embedded solutions across industrial automation, healthcare, automotive, and consumer electronics, the SoM market is witnessing unprecedented growth. However, challenges such as high development costs and regulatory constraints could impact certain segments. Nonetheless, innovations in AI, machine learning, and smart manufacturing continue to unlock new opportunities for market players.
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A) Market Size:
In 2023, the System on Module (SoM) market stood at USD 2,393.92 billion. Over the forecast period from 2024 to 2030, it is expected to grow robustly at a CAGR of 12.75%, ultimately reaching USD 5,545.31 billion by 2030. This growth is largely driven by the increasing adoption of compact, power-efficient embedded computing systems across critical industries.
B) Scope and Research Methodology:
This report from Maximize Market Research utilizes a dual-layered research methodology. Primary data was obtained through interviews with key industry stakeholders, including SoM manufacturers and technology experts. Secondary research involved a detailed analysis of company annual reports, technical papers, government publications, and trade journals. The findings offer both qualitative and quantitative insights, ensuring an in-depth understanding of the market dynamics and structure.
C) Report Coverage:
D) Overview:
System on Module (SoM) is a compact computing solution that integrates all essential components such as a microprocessor, memory, and communication interfaces onto a single board. SoMs are widely adopted in industrial, medical, automotive, and consumer electronics for their reduced time-to-market, scalability, and energy efficiency. The growing emphasis on smart technologies and miniaturized electronics continues to propel market demand.
E) Dynamics:
Market Drivers:
Market Restraints:
Market Opportunities:
F) Segmentation:
By Type:
By Standard:
By Application:
G) Key Players Include:
These companies are engaging in strategic collaborations, R&D, and product launches to meet the growing market demand and maintain their competitive edge.
H) Reasons to Buy:
I) Table of Contents:
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System on Module (SoM) MarketThe global system on module (SoM) market is expected to grow from USD 1.40 billion in 2018 to USD ~3.60 billion by 2025, at a CAGR of ~15% during the forecast period.
System on module, also known as computer on module, is a chip consisting of clock, microprocessor, RAM, flash memory, Ethernet and I/O controllers on a single printed circuit board.
Advantages of SoMs include rapid, lower risk hardware development, lower system cost, and the potential for processor upgrade.According to Market Research Future, the global system on module (SoM) market has been segmented on the basis of type, application, and region.The recent advancement in embedded applications including home appliances, office automation, security, telecommunication has pushed manufacturers to build devices that are smaller, multi-functional with high-end video and have multiple connectivity options.
System on module is considered as an ideal solution for many applications such as intelligent video analytics (IVA), robotics, gaming devices, drones, augmented reality (AR), virtual reality (VR), and portable medical devices.
The inherent design of arm architecture and its advanced power-saving modes helps in minimizing and tuning power consumption for various applications.
For instance, it is possible to build compact single-board computer with the help of arm based SoM solution integrated with pre-certified 802.11a/b/g/n and Bluetooth 4.0 connectivity in a footprint of just 29x29 mm, and 3.5 mm high.Based on application, the market has been segmented into industrial automation, medical, entertainment, transportation, test & measurement, and others.
System on Module (SoM) Market TrendsThe Global System On Module (SoM) Market is expected to grow from USD 1.40 billion in 2018 to USD 3.60 Billion by 2025, at a CAGR of 15% during the forecast period.
System on module, also known as computer on module, is a chip consisting of clock, microprocessor, RAM, flash memory, Ethernet and I/O controllers on a single printed circuit board.
Advantages of SoMs include rapid, lower risk hardware development, lower system cost, and the potential for processor upgrade.According to Market Research Future, the global system on module (SoM) market has been segmented on the basis of type, application, and region.The recent advancement in embedded applications including home appliances, office automation, security, telecommunication has pushed manufacturers to build devices that are smaller, multi-functional with high-end video and have multiple connectivity options.
System on module is considered as an ideal solution for many applications such as intelligent video analytics (IVA), robotics, gaming devices, drones, augmented reality (AR), virtual reality (VR), and portable medical devices.
The inherent design of arm architecture and its advanced power-saving modes helps in minimizing and tuning power consumption for various applications.
For instance, it is possible to build compact single-board computer with the help of arm based SoM solution integrated with pre-certified 802.11a/b/g/n and Bluetooth 4.0 connectivity in a footprint of just 29x29 mm, and 3.5 mm high.Based on application, the market has been segmented into industrial automation, medical, entertainment, transportation, test & measurement, and others.
Micro System-on-Module (SOM) Market 2021-2027New Study Reports " Micro System-on-Module (SOM) Market 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2027" has been Added on MarketResearchFuture.Report OverviewThis published report for the Micro System-on-Module (SOM) Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level.
This detailed study also offers the previous historical data along with the forecast from 2021 to 2027.
In addition to this, the report also studies the opportunities that are available in the report at the global level.
An executive summary is also provided based on the industry snapshot for the period from 2021-2027.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.
An SoM can be used in various applications, including eBook reader, deep learning, wearable, automation, test and measurement, industrial human-machine interface (HMI), drone, medical imaging, and industrial control.Key PlayersThe report has profiled some of the Important players prevalent in the global like – AAEON Technology, Inc. (Taiwan), Advantech Co., Ltd (Taiwan), Avnet, Inc. (US), Avalue Technology (Taiwan), Axiomtek Co., Ltd (Taiwan), Connect Tech, Inc. (Canada), Congatec AG (Germany), EMAC, Inc. (US), Eurotech, Inc. (US), Kontron S AG (Germany), Microchip Technology, Inc. (US), National Instruments Corporation (US), Phytic (Germany), SECO S.p.A (Italy), TechNexion Ltd (Taiwan), Toradex (Switzerland), and VIA Technologies, Inc. (Taiwan) among others.This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the System on Module.In September 2020, AAEON launched a series of embedded platforms integrated with Intel Core processors (11th Gen) and Intel Atom processors for increased performance, flexibility, and ability of edge computing.In September 2020, Avalue Technology launched EAX-C246BP, an ATX motherboard integrated with Intel Xeon, Intel Core TM/Pentium, and Celeron processors for automation, industrial, automatic medicine packaging machine, and other embedded applications.In September 2020, Seco launched SM-C93, a SMARC Rel 2.1.1 compliant module with the Intel Atom x6000E Series and Intel Pentium and Celeron N and J Series processors for industrial, retail, and gaming applications.In August 2019, Via Technologies and Ekioh collaborated to improve the performance and deployment of Ekioh browser solutions on Via Technologies embedded platforms.Complete Report Details@ https://www.marketresearchfuture.com/reports/system-on-module-market-8628Segmental AnalysisGlobal Micro System-on-Module (SOM) Market has been segmented based on Type, Application, and Region.Based on type, the global market has been segmented into X86 Architecture, ARM Architecture, and Power Architecture.
The expansion of the global System on Module (SoM) market across the review period 2018 to 2025 can be at 15% CAGR.
SoM solutions have resolved challenges, such as innovation in design products that can enhance connectivity, intelligence, and performance, while decreasing power consumption, cutting costs, and size management of products.
The rise in the adoption of SoM in the healthcare sector to facilitate real-time health diagnosis with the assistance of embedded systems and artificial intelligence (AI) by providing accurate results can promote the expansion of the system on module market.
In addition, the surge in the need for portable and wireless gadgets, such as smart wearable medical fabric can fuel the rise of the SoM global market in the years to come.
Competitive Analysis System on modules manufacturers are highly focused on the development of small and flexible solutions.
Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/8628 Key Players MRFR profiled some reputed names functioning in the system on module (SoM) global market.
The latest trending report Global System on Module (SOM) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The System on Module (SOM) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global System on Module (SOM) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 7.7%% in the forecast period of 2020 to 2025 and will expected to reach USD 1994.2 million by 2025, from USD 1484.7 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/28718-system-on-module-som-market-analysis-reportThe major players covered in System on Module (SOM) are:AdvantechPortwellMSC Technologies (Avnet)KontronDFIArtesyn EmbeddedEurotechADLinkCongatecAxiomtekAAEONToradexPhytecSECO srlFastwelIEIAvalue TechnologyASRockRadisys (Reliance Industries)Digi InternationalTechnexionBy Type, System on Module (SOM) market has been segmented intoARMX86Power PCOther ArchitectureBy Application, System on Module (SOM) has been segmented into:Defense & AerospaceCommunicationsMedicalAutomations Automotive& TransportOtherThe report offers in-depth assessment of the growth and other aspects of the System on Module (SOM) market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global System on Module (SOM) Market @ https://www.decisiondatabases.com/contact/download-sample-28718The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe System on Module (SOM) product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of System on Module (SOM), with price, sales, revenue and global market share of System on Module (SOM) in 2018 and 2019.Chapter 3, the System on Module (SOM) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the System on Module (SOM) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, System on Module (SOM) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe System on Module (SOM) sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global System on Module (SOM) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-28718Other Reports by DecisionDatabases.com:Global Bluetooth Modules Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Automotive Antenna Module Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Engine Control Modules Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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