Press release
System On Module Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
System On Module
What Is the Projected Growth of the System On Module Market?
There has been a significant increase in the size of the system on module market in the past few years. The market is projected to expand from $2.39 billion in 2024 to $2.6 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%. The robust growth experienced during the historical period is largely thanks to the implementation of sophisticated sensor technologies, the creation of modular and adaptable testing solutions, a focus on immediate testing and simulation, the use of cloud-based testing solutions, and an emphasis on data analysis and predictive maintenance.
The module market is anticipated to experience robust growth in the forthcoming years, with projections showing it will escalate to $3.8 billion in 2029, yielding a compound annual growth rate (CAGR) of 10.0%. The predicted increase during the forecast period can be credited to aspects such as integration and connectivity of 5G, the advent of edge computing, the rising need for AI and machine learning integration, the boom of the IoT (internet of things) ecosystem, and an increasing emphasis on cybersecurity in embedded systems. Significant breakthroughs anticipated during the forecast period encompass customization and configurability, the integration of AI accelerators, a focus on power efficiency, a shift towards RISC-V architecture, and improved security enhancements.
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What Are the Different System On Module Market Segments?
The system on module market covered in this report is segmented -
1) By Type: ARM Architecture, x86 Architecture, Power Architecture, Other Types
2) By Component: Hardware, Software
3) By Standard: COM Express, SMARC (Smart Mobile Architecture), Qseven, ETX (Embedded Technology Extended), Other Standards
4) By Application: Industrial Automation, Medical, Entertainment, Transportation, Test And measurement, Communication, Other Applications
Subsegments:
1) By ARM Architecture: Cortex-A Series, Cortex-M Series, Cortex-R Series
2) By x86 Architecture: Intel x86 Processors, AMD x86 Processors
3) By Power Architecture: PowerPC, Power Architecture-based SoMs
4) By Other Types: RISC-V Architecture, MIPS Architecture, Custom ASICs
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What Are the Primary Drivers Shaping the System On Module Market?
The surge in the use of industrial robots is set to boost the system on module market. Industrial robots are mechanical devices engineered and programmed to execute industrial processes. These robots incorporate embedded systems which are constructed using systems on module assemblies. For instance, as per the International Federation of Robotics (IFR), a not-for-profit entity based in Germany, the worldwide installments of industrial robots reached 553,052 in 2022, noting a 5% growth rate from the previous year. The market is predicted to see a 7% growth in 2023, exceeding 590,000 units globally. Therefore, the escalating use of industrial robots is contributing to the growth of the system on the module market.
Which Companies Are Leading in the System On Module Market?
Major companies operating in the system on module market include Axiomtek Co Ltd., Avnet Inc., Advantech Co Ltd., Kontron S&T AG, Mercury Systems Inc., DFI Inc., AAEON Technology Inc., Avalue Technology Inc., iBase Technology Inc., SECO S.p.A., Eurotech S.p.A., Congatec AG, Phytec Messtechnik GmbH, iWave Systems Technologies Pvt Ltd., Toradex AG, TechNexion Ltd., Intrinsyc Technologies Corporation, VersaLogic Corporation, iENSO Inc., MYIR Tech Limited, Enclustra AG, Critical Link LLC, Variscite Ltd., SolidRun Ltd., Shiratech Solutions Ltd., Emtrion GmbH, TorizonCore by Toradex, Forlinx Embedded Technology Co Ltd.
What Are the Major Trends Shaping the System On Module Market?
The system on module market is primarily driven by technological innovation. To remain competitive, major companies in this market are constantly launching new and advanced technologies like the iW-Rainbow-G46M solderable system on module. In a notable development in April 2022, iWave Systems, a software firm based in India, rolled out a new solderable system on a module identified as iW-Rainbow-G46M. This newly launched system on the module leverages the NXP i.MX 8XLite application processor technology, enabling it to underpin the development of small connection devices.
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What Are the Top Revenue-Generating Geographies in the System On Module Market?
Asia-Pacific was the largest region in the system on module market in 2024. The regions covered in the system on module market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the System On Module Market?
2. What is the CAGR expected in the System On Module Market?
3. What Are the Key Innovations Transforming the System On Module Industry?
4. Which Region Is Leading the System On Module Market?
Why This Report Matters:
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Efficient Research: Quickly identify market growth, leading players, and major segments.
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