System on Module (SoM) Market Share 2021-2027
New Study Reports ” System on Module (SoM) Market Share 2021: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2027” has been Added on MarketResearchFuture.
Report Overview
The report on the System on Module (SoM) Market Share provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2021 to 2027. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
Market Dynamics
Factors affecting the System on Module (SoM) Market Share have been studied in a detailed fashion to give a better understanding regarding the current status and the prospects. The various economic and demographic factors that influence the market have been presented in the study. The impact of important markers such as pricing, demand and supply, and population levels have been studied in this report. The forecast regarding the System on Module (SoM) Market Share extending up to the year 2027 has been provided based on the conclusions from the aforementioned factors.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years. A system on module is an off-the-shelf component that integrates processor, memory, power supply, debugging, and connectivity to make the device work. It does not have any connectors; instead, it is designed to be plugged into a carrier board. 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.
Global System on Module (SoM) Market Share is expected to reach USD 3,774.9 Million by 2026 with a CAGR of 7.97% during the forecast period.
Key Players
The 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&T 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.
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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.
Segmental Analysis
Global System on Module (SoM) Market Share 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. Among these X86 architecture is dominating the market with a CAGR of 7.9%, and ARM architecture is the highest growing sub-segment in the market. The ARM architecture segment second dominating segment in the market with a share of 40.27%. The growth is majorly driven by its lesser 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 with reduced instruction sets. 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.
Based on application, the global market has been segmented into industrial automation, medical, entertainment, transportation, test & measurement, and others. The industrial automation application segment held around 44.35% of the market in 2019. System on module improves processing & machine operations and communication among factory equipment and industrial robots, accelerating market growth. The escalation of industrial robots in the manufacturing sector is contributing to the adoption of SoM in industrial automation. South Korea holds the highest robot density that stands at over 600 robots per 10,0000 robots in the industrial sector. Industrial automation includes a large number of communication systems and sensors to communicate with multiple gateways, accelerating the demand for systems on modules to deliver high productivity and connectivity in industry 4.0.
The global System on Module (SoM) Market Share, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. North America accounted for the second largest market share in 2019. The North America SoM market accounted for 28.6% revenue share in 2019 and is estimated to observe 8.2% growth rate from 2020 to 2026. The increasing uptake of wearable healthcare devices across developed economies is fueling the market. In addition, the rising penetration of IoT technology in North America will further accelerate the market growth. According to the GSM Association, North America accounted for 2.8 billion IoT connections in 2019, which is projected to surpass the 5.4 billion mark by 2025. Surging IoT-based devices in the region will further amplify the adoption of system on modules. GSM Association is an industry organization that represents the interests of mobile network operators worldwide.
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Market Structure 15
2.4 List Of Assumptions 16
3 Research Methodology
4 Market Dynamics
5 Global System on Module (SoM) Market Share, By Component
And more
Continued…
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