Dublin, Dec. 10, 2021 (GLOBE NEWSWIRE) -- The "System on Module Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Processor Type, Application, and Standard" report has been added to ResearchAndMarkets.com's offering.
The system on module (SoM) market is projected to reach US$ 2,911.2 million by 2028 from US$ 1,651.6 million in 2021; it is expected to grow at a CAGR of 8.4% during 2021-2028.
A system on module (SoM) is a small-form-factor computing solution that consists of hardware and software for developing embedded products. It is a single physical module that incorporates many computing components, including a central processing unit (CPU), random access memory (RAM), flash memory, power management unit, an Ethernet bus, and Wi-Fi, and Bluetooth radios.
Such convenient availability of hardware components as a single unit reduces the complexity of final product designs. The growing practice of integration of SoMs with ready-to-use operating systems, and ability to extend integrated support for development environments, frameworks, and other third-party software are providing lucrative growth opportunities for industry participants. SoMs also benefit through reduced complexity while allowing high flexibility in terms of the form factor.
Many players in the system on module market are providing off-the-shelf carrier boards that can be used in a wide range of applications. Thus, allows them to enhance their profit margin by leveraging the economies of scale and reducing the cost of products. Innovations and increased access to the latest technologies help SoM suppliers in gaining a competitive edge. Surge in the range of microchips and integrated circuits available for end-user industries and growing preference for micro system on modules by companies such as Motorola, SUN Microsystems, Xerox, IBM, and DEC in their Blade computers to provide flexibility in hardware and software development activities is further propelling the market growth.
The growing trends of implementation of the multicore processors in the industrial automation sector and the incorporation of advanced capabilities such as wireless connectivity, smart sensors, and imaging, boost the demand for advanced and efficient systems. The growing demands have enabled manufacturers to provide single-chip with multiple-core solutions, simultaneously saving costs, offering various CPU choices, and decreasing client design requirements.
Impact of the COVID-19 Pandemic on the System on Module (SoM) Market
The system on module market players were experiencing significant demand from the end user until the outbreak of COVID-19. Owing to the outbreak of COVID-19 government across the globe imposed various containment measures. While in some countries the governments imposed complete lockdown, while in some countries experience partial lockdown and business and factors were allowed to operate with various regulation.
Moreover, the supply chain of the system on module market was not affected from X86 side, as regular updates were rolled out by market players, however, the hardware side of system on module market was disrupted as manufacturing facilities of hardware were closed or were operating with limited workforce. Further, as major industries witnessed decline in revenue the adoption system on module market were on the lower side. Meanwhile, as economies reopened, and containment measures were relaxed the system on module market started to witness a positive growth in 2021.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global system on module (SoM) market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global system on module (SoM) market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. System on Module (SoM) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. System on Module (SoM) Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Embedded Computing Market
5.1.2 Proliferation of Industrial Automation
5.2 Market Restraints
5.2.1 Increased Complexity of Advanced Electronics Devices
5.3 Market Opportunities
5.3.1 Rise in Government Initiatives for Industrial Expansion in APAC
5.3.2 New Product Developments in ARM Architecture
5.4 Future Trends
5.4.1 Adoption of Industrial Robots in Factories
5.5 Impact Analysis of Drivers and Restraints
6. System on Module (SoM) Market - Global Analysis
6.1 System on Module (SoM) Market Global Overview
6.2 System on Module (SoM) Market - Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Share Analysis - Five Key Players (2020)
7. System on Module (SoM) Market Analysis - By Processor Type
7.1 Overview
7.2 System on Module (SoM) Market, By Processor Type (2020 and 2028)
7.3 ARM
7.3.1 Overview
7.3.2 ARM: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
7.4 X86
7.4.1 Overview
7.4.2 X86: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Power
7.5.1 Overview
7.5.2 Power: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
7.6 FPGA
7.6.1 Overview
7.6.2 FPGA: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
7.7 GPU
7.7.1 Overview
7.7.2 GPU: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
7.8 DSP
7.8.1 Overview
7.8.2 DSP: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
8. System on Module (SoM) Market - By Standard
8.1 Overview
8.2 System on Module (SoM) Market, By Standard (2020 and 2028)
8.3 QSEVEN
8.3.1 Overview
8.3.2 QSEVEN: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
8.4 COMExpress
8.4.1 Overview
8.4.2 COMExpress: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
8.5 SMARC
8.5.1 Overview
8.5.2 SMARC: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9. System on Module (SoM) Market - By Application
9.1 Overview
9.2 System on Module (SoM) Market, By Application (2020 and 2028)
9.3 Industrial Automation
9.3.1 Overview
9.3.2 Industrial Automation: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Entertainment
9.4.1 Overview
9.4.2 Entertainment: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Medical
9.5.1 Overview
9.5.2 Medical: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Transportation
9.6.1 Overview
9.6.2 Transportation: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Test and Measurement
9.7.1 Overview
9.7.2 Test and Measurement: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: System on Module (SoM) Market - Revenue and Forecast to 2028 (US$ Million)
10. System on Module (SoM) Market - Geographic Analysis
11. Impact of COVID-19 Pandemic
11.1 Impact of COVID-19 Pandemic on System on Module (SoM) Market: Regional Analysis
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 Microchip Technology Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Advantech Co. Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 SoMLabs
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Axiomtek Co., Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Connect Tech Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 National Instruments Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 MAC, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 congatec GmbH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 AAEON
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Emcraft Systems
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/rncy16
