Computer-on-Module Market Trends 2022 | Growth, Share, Size, Demand and Future Scope 2027
According to IMARC Group’s latest report, titled “Computer-on-Module Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global computer on module market reached a value of US$ 1.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2027, exhibiting a CAGR of 5.1% during 2022-2027.
A computer-on-module (CoM), also known as a system-on-module (SoM), refers to an embedded computer installed on a single circuit board and microprocessor with a random-access memory (RAM). It comprises flash memory, ethernet, and input or output controllers that offer a consistent and cost-effective embedded platform for computing solutions and help minimize the time required for manufacturing various products. As a result, it finds numerous applications in industrial automation systems and consumer electronics and sectors like aerospace, defense, automotive, and healthcare.
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Market Trends
The rising trend of industrial automation represents one of the key factors positively influencing the demand for CoMs across the globe. In addition, the increasing adoption of miniaturized devices for drones or unmanned aerial vehicles (UAVs) is creating a positive outlook for the market. Apart from this, technological advancements, such as the integration of the internet of things (IoT) and artificial intelligence (AI), are contributing to the growth of the market.
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List of Key Companies Covered in this Market Report:
- Aaeon Technology Inc. (ASUSTeK Computer Inc.) (TPE: 6579)
- Advantech Co. Ltd. (TPE: 2395)
- Axiomtek Co. Ltd.
- congatec AG
- Digi International Inc. (NASDAQ: DGII)
- iWave Systems Technologies Pvt. Ltd.
- Kontron S&T AG (S&T AG)
- PHYTEC
- TechNexion
- Toradex Systems (India) Pvt. Ltd.
- Variscite
The report has segmented the market on the basis of architecture type, standard, application and geography.
Breakup by Architecture Type:
- ARM (Advanced RISC Machines) Architecture
- x86 Architecture
- Power Architecture
- Others
Breakup by Standard:
- COM Express
- SMARC (Smart Mobile Architecture)
- Qseven
- ETX (Embedded Technology Extended)
- Others
Breakup by Application:
- Industrial Automation
- Medical
- Transportation
- Gaming
- Communication
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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