System on Module (SOM) Market Benefits with 13.7% CAGR by 2024 | Kontron, Congatec, MSC Technologies (Avnet), Advantech, ADLink and More...
The System on Module, which is sometimes referred to as a Computer on Module (CoM), is an alternative to single board computers for embedded systems offering a more flexible and contoured solution. It is designed to plug into a carrier, or base board, and is generally a small processor module with a CPU and standard I/O capability. The complex effort associated with designing a CPU subsystem is avoided by using SoM functionality and a custom base board.
Some of the leading Companies incorporated in this Research are Kontron, Congatec, MSC Technologies (Avnet), Advantech, ADLink, Portwell, Eurotech, SECO srl, Technexion, Phytec, Axiomtek, Aaeon, Toradex, EMAC, Avalue Technology.
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According to this study, over the next five years the System on Module (SOM) market will register a 13.7% CAGR in terms of revenue, the global market size will reach US$ 2990 million by 2024, from US$ 1390 million in 2019.
A System on Module (SoM) offers a unique approach to product development and the often fully custom electronics typically contained within sophisticated devices. A SoM helps system designers realize a fully customized electronics assembly, complete with custom interfaces and form factor without the effort of a ground-up electronics design.
A SoM is a module that contains a processor with CPU bus accessibility, memory, and standard I/O. It is usually an Off-the-Shelf component. . The module does not have any connectorization and is designed to be plugged into a Carrier Board.
Within the next few years, the majority of SoM are expected to be equipped with ARM architecture CPUs as more and more multicore processors are being introduced nowadays on portable devices. X86 products are still highly competitive and non-replaceable among industries that need better efficiency and accuracy. And it is likely to eliminate Power architecture SoM from the market in a decade unless they are still no safer than the Power architecture SoM. Industrial automation is a key facet of global manufacturing industries, with enterprises facing enormous pressure to automate and integrate to maximize output, improve cost-efficiency, and generate tangible competitive value.
This study considers the System on Module (SOM) value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Test & Measurement
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