System on Module (SoM) Market was valued at US$ 1.71 Bn. in 2021 and it is expected to reach US$ 3.19 Bn. by 2029 at a CAGR of 8.13% during the forecast period.
System on Module (SoM) Market Overview:
This report looks at current System on Module (SoM) Market trends in terms of demand, supply, and sales, as well as recent changes. The market’s general regulatory framework has been thoroughly examined in order to provide stakeholders with a better understanding of the major aspects influencing the overall market environment. It also includes in-depth examination of post-pandemic variables that are likely to have an impact on the System on Module (SoM) Market’s growth.
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Market Scope:
The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. It also includes professional and in-depth research on the current situation of the industry by important manufacturers. The research provides the most up-to-date market statistics, as well as future developments, size, and emerging Trends, allowing you to identify the products and end users that are driving revenue growth and profitability. The paper investigates several approaches and analyses in order to provide a comprehensive analysis.
Segmentation:
By type, ARM architecture led the market in 2021 and is anticipated to keep leading with a CAGR of xx% throughout the course of the forecast period. The increase in production of ARM processor architecture-based system on modules by different manufacturing organisations worldwide is credited with the expansion. Cost-effective embedded platforms are offered by ARM SoM. Linux, Android, and WinCE are all supported by ARM-based system on modules. The market for ARM-based SoM is growing as a result of the widespread use of ARM SoM in a variety of applications, including test and measurement, IoT, industrial HMI, drone payload, eBook readers, automation, wearable technology, industrial control, deep learning, remote data acquisition, medical imaging, and others.
In Dec 2019, Variscite announced the launch of the VAR-SOM-MX8M-MINI System on Module, powered by NXP’s i.MX 8M Mini processor. The VAR-SOM-MX8M-MINI offers a low-power and cost-optimized solution with ultimate scalability options to suit a wide range of applications and cost requirements. It feature up to 1.8GHz Quad-core ARM architecture based Cortex-A53 plus a 400MHz Cortex-M4 real-time processor, the VAR-SOM-MX8M-MINI provides several interfaces including certified single band 802.11 b/g/n, 4.2 Bluetooth low energy, Gigabit Ethernet, dual USB2.0, CAN bus and LVDS. I designed to provide customers with ultimate extended lifetime, flexibility, reduced development cost, risk and time.
Growing adoption of IoT based technologies worldwide and surge in the demand of embedded systems due to their computing performance and ultra-low power consumption ability are major driving factors behind the growth of market. Rising requirement of Software Defined Radio (SDR), increasing development and production of self-driving cars in regions like North America and Europe, high adoption of embedded computers for industrial applications and growing demand of multiple embedded wireless solutions like Bluetooth are expected to improve the growth market during forecast period. System on Module offers some major benefits such as reduced cost of the base board or the main PCB, design-reuse feature and stable and reliable platform for developers to build an embedded system, which are ultimately propelling the growth of market.
Key Players:
• AAEON Technology, Inc
• Advantech Co., Ltd
• Avnet, Inc
• Avalue Technology
• Axiomtek Co., Ltd
• Connect Tech, Inc.
• Congatec AG
• EMAC, Inc
• Eurotech, Inc
• Kontron S&T AG
• Microchip Technology, Inc
• National Instruments Corporation
• Phytic
• SECO S.p.An
• TechNexion Ltd
• Toradex
• VIA Technologies, Inc
• Varicscite
• ADLink
• Digi International
• Fastwel
Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this global System on Module (SoM) market research report.
Regional Analysis:
The research report delves into the System on Module (SoM) business in great depth, segmenting it into numerous locations.
The System on Module (SoM) market research has been divided into various important regions, as follows:
- Asia-Pacific region (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- European Union (Turkey, Germany, Russia UK, Italy, France, etc.)
- The continent of North America (the United States, Mexico, and Canada.)
- South America is a continent in South America (Brazil etc.)
- The continents of Africa and the Middle East (GCC Countries and Egypt.)
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide System on Module (SoM) market growth in different nations.
Key Reasons to Purchase
- To get in-depth market analysis and a thorough understanding of the global market and its commercial landscape.
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- To comprehend the industry’s most important driving and restraining forces, as well as their impact on the global market.
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- To gain a better understanding of the market’s future outlook and potential.
- In addition to the usual structural studies, we may do custom research to meet customer specific needs.
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Key Questions answered in the System on Module (SoM) Market Report are:
- Which product segment grabbed the largest share in the System on Module (SoM) market?
- How is the competitive scenario of the System on Module (SoM) market?
- Which are the key factors aiding the System on Module (SoM) market growth?
- Which region holds the maximum share in the System on Module (SoM) market?
- What will be the CAGR of the System on Module (SoM) market during the forecast period?
- Which application segment emerged as the leading segment in the System on Module (SoM) market?
- Which are the prominent players in the System on Module (SoM) market?
- What key trends are likely to emerge in the System on Module (SoM) market in the coming years?
- What will be the System on Module (SoM) market size by 2027?
- Which company held the largest share in the System on Module (SoM) market?
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