Customer’s Inclination Towards Compact, Integrated and Cost Effective Computing Solutions Spurring the Growth of Computer or System on Module Market

Fri, 02 October 2020 4:57

The Global market of Computer or System on Module is anticipated to witness decent growth at a promising CAGR in the global market. Growing traction for digitization and IoT based applications in industrial and commercial sector is boosting the Computer or System on Module Market. The keen focus of manufacturers to manufacture the products as per the requirement of the customer as per the level of industrial automation in its manufacturing facility is also expected to push the market growth in forecast years.

The growth of the market is also due to the multiple advantages Computer on Module/ System on Module provides over conventional desktop and CPUs. These CPUs are able to perform hardware and software development simultaneously reducing the idle time for the computer and make the computer ready for operations in minimum time. Additionally, cost effective solutions and lower requirement to design and assemble in internal structure of the CPU to catalyze rate of adoption for Computer on Module/ System on Module. These products find their effective application in the field of robotics, automation and in the development of multimedia multi-media human-machine interface (HMI). The growing traction among the consumers for this market is expected to bolster the growth.

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Key Highlights

  • The global Computer or System on Module Market is expected to grow at a compound annual growth rate (CAGR) of 4.68% during the forecast period.
  • The ability of Computer on Module/ System on Module to many benefits such as design re use, bus width and ability to reduce complexity of connected hardware in computer to propel the sales of Computer or System on Module Market
  • Due to the COVID-19 outbreak, manufacturing industry took a serious hit and registered a heavy downfall in the market growth. This led to the decrement in the willingness of organizations to invest in the development of industrial automation solutions of the market.
  • Market of Europe to retain its lion’s share in the Computer or System on Module Market due to the use of industrial automation in the manufacturing clusters of the region. Also, technological prowess of the region in field of computing intelligence to substantiate the market share claimed by the region.
  • The shorter time required for the product development which provides significant reduction in time required by the product to reach the market is the main reason for faster adoption of Computer on Module/ System on Module in the diverse industry verticals
  • By the perspective of product segment, industrial automation segment is expected to register highest market share in the segment on the back of the ease imparted in operation of automation system and ability to elevate the standards of automation.

According to Straits Analysis, key players in the global Computer or System on Module Market are Digi International (the U.S.), Advantech Co., Ltd. (Taiwan), Aaeon (Taiwan), Variscite(Israel), Axiomtek Co., Ltd. (Taiwan), MSC Technology (India), Olimex (Bulgaria), Kontron (Bulgaria), PHYTEC Embedded Pvt. Ltd. (India), Toradex (Switzerland), Microchip Technology Inc. (the U.S.), Congatec AG (Germany), Eurotech, Inc. (Switzerland), SECO s.r.l. (Italy), among others.

Computer or System on Module Market: Segmentation

By Product Type

  • ARM (Advanced RISC Machines) Architecture
  • Power Architecture
  • x86 Architecture

By Standard

  • Qseven
  • Smart Mobile Architecture
  • Embedded Technology Extended
  • COM Express
  • Others

By Industry Vertical

  • Transportation
  • Industrial Automation
  • Medical
  • Gaming
  • Communication
  • Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • The U.K
  • Italy
  • France
  • Spain
  • Germany
  • The Rest of Europe

The Middle East and Africa (MEA)

  • Saudi Arabia
  • Egypt
  • South Africa
  • The Rest of MEA

Asia-Pacific

  • India
  • China
  • Japan
  • Australia
  • South Korea
  • The Rest of Asia-Pacific

South America

  • Columbia
  • Brazil
  • Chile
  • Peru
  • Argentina
  • The Rest of South America

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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