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System on Module (SOM) Market Benefits with 13.7% CAGR by 2024 | Kontron, Congatec, MSC Technologies (Avnet), Advantech, ADLink and More...

02-20-2019 09:54 AM CET | IT, New Media & Software

Press release from: Reports Monitor

System on Module (SOM) Market

System on Module (SOM) Market

System on Module (SOM) Market

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.

Download Research Study With Latest Advancement Trends and Application @ www.reportsmonitor.com/request_sample/347811

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: 
ARM Architecture
x86 Architecture
Power Architecture
Other Architecture

Segmentation by application: 
Industrial Automation
Medical
Entertainment
Transportation
Test & Measurement
Other

Reports Monitor is a methodical effort to gather information about the targeted market which is System on Module SOM. It is a very significant part of a business strategy. The term is often used in resemblance to marketing research; but specialized Market research is one of the major factors used to maintain competitiveness over competitors.

Why Global System on Module SOM market 2019 Research Report?

Market research presents significant information which helps to -

Recognize and examine the needs of the market, the market size, and the competition.

Market-research techniques cover both qualitative techniques such as -

Focus groups

Detailed interviews

Ethnography

Quantitative techniques like -

customer surveys

analysis of secondary data.

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Reports Monitor, which consists of social and opinion research, is the systematic gathering and interpretation of information with regard to individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to achieve insight or support decision making.

What we offer -

We are a multi-service provider, advisor, and consultants for market research reports for small, mid-size, and large companies. Our special team consists of market research trackers, research coordinators, research specialists who cater to the client needs. We keep a comprehensive set of market research reports fit under required categories and sub-categories.

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About Us

Reports Monitor is a market intelligence and consulting firm with extensive experience and knowledge of the Market Research industry.

Our aim is to change the dynamics of the Market Research industry by providing quality intelligence backed by data. Your requirement for market forecasting is fulfilled by our exclusive quantitative and analytics driven intelligence. Decision makers can now rely on our distinct data gathering methods to get factual market forecasting and detailed analysis.

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