Computer on Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Computer on Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:

The global computer on module market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.

A computer-on-module (CoM), or system-on-module (SoM), refers to a complete embedded computer designed on a single circuit board. It is built on a microprocessor and is equipped with random access memory (RAM), ethernet, input or output (I/O) controllers, flash memory and other components required for a fully functioning computer. The user can plug the central processing unit (CPU) into a small processor, or baseboard and perform various functions similar to that of a complex computer. This offers a consistent and cost-effective embedded platform for computing solutions and aids in minimizing the time required for manufacturing various products. Owing to this, it finds extensive applications in the industrial automation systems, medical electronics, transportation, communication and gaming industry.

Increasing automation across industries represents one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of miniaturized devices is also providing a boost to the market growth. For instance, CoM systems are primarily used for manufacturing drones or unmanned aerial vehicles (UAVs) that are compact and can be navigated autonomously by the user. These systems also aid in faster product development and offer enhanced reliability, longevity and interconnectivity with other devices. Additionally, various technological advancements, such as the integration of off-the-shelf CoM and application-specific carrier boards with the Internet of Things (IoT), are also contributing to the market growth. Other factors, including the adoption of CoMs for robotics, artificial intelligence, smart electronics, wireless connectivity and other electronic systems, along with increasing digitization, are projected to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global computer on module market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on architecture type, standard and application.

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 Region:

North America

United States
Canada

Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being AAEON Technology Inc., Advantech Co. Ltd., Axiomtek Co. Ltd., congatec AG, Digi International Inc., iWave Systems Technologies Pvt. Ltd., Kontron S&T AG (S&T AG), PHYTEC Embedded Pvt. Ltd., TechNexion, Toradex Systems (India) Pvt. Ltd. and Variscite.

Key Questions Answered in This Report:

How has the global computer on module market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global computer on module market?
What are the key regional markets?
What is the breakup of the market based on the architecture type?
What is the breakup of the market based on the standard?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global computer on module market and who are the key players?
What is the degree of competition in the industry?