Computer or System on Module Market Size, Share & Trends Analysis Report By Product Type (ARM (Advanced RISC Machines) Architecture, Power Architecture, x86 Architecture), By Standard (Qseven, Smart Mobile Architecture, Embedded Technology Extended, COM Express), By Industry Vertical (Transportation, Industrial Automation, Medical, Gaming, Communication, Entertainment, Test & Measures) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global computer or system on module market size was valued at USD 1.23 billion in 2021. It is projected to reach USD 2.35 billion by 2030, growing at a CAGR of 6% during the forecast period (2022–2030).

The Computer or system on module is an embedded technology, which provides all computing components incorporated in a single hardware module or a chipset. The chipset is then integrated with the software module to make the system or a computer ready to use. These modules constitute the basic and most integral part of computer systems, such as flash memory drive, Ethernet bus connection, Bluetooth radios, and inbuilt Wi-Fi Module. The use of a Computer or system on module is expected to procure prominent traction, considering the growing popularity of compact and portable computer systems.

Additionally, the module aids the customer in using advanced technologies, such as system on a chip (SOC) and flash memory drives. This application improves the performance, reliability, and scalability of the computer or desktop system. The products are also cost-effective solutions that provide operational cost optimization when the computer on module or system on module is utilized in commercial applications.

As per the analysis by Straits Business Group, the development of off-shelve computer on module and manufacturing of application-specific carrier boards is expected to fuel the market growth. The market is expected to develop, owing to the growing significance of digital technology in multiple sectors.

Market Dynamics

Favorable Market Developments for Robotics and Inception of Industry 4.0 to Drive the Market Growth

The robotics sector has achieved some milestone development in recent years, which has increased the application of robotics in multiple sectors. The development in the system architecture is expected to create strong market growth perspectives for the Computer or system on module. The customers also prefer to rely on smart factory applications in order to improve the performance and efficiency of operation. Recently, Digi International Inc. launched DigiConnectCore 8M Nano and DigiConnectCore 8X, considering the requirement of IoT applications, which will provide better scalability and performance-oriented output for industrial IoT applications.

Numerous Operational and Design-Related Benefits of the Computer or System on Module Market Drive the Market Growth

The Computer or system on module provides multiple benefits in terms of computer operations and compact modular design, which reduces the complexity of the design of the modern computer system. The integrated chip eliminates the requirement of interconnected hardware products, which have a very complex and meticulous structure of arrangements. The system on chip integrates all the fundamental required hardware modules in one module and provides easy and hassle-free computing solutions.

Furthermore, the use of a Computer or system on module help in considerable cost reduction when the requirement is on a large scale, effectively decreasing the procurement cost of multiple products integrated into the chipset. The use of these modules also provide a safer mode of operation and are less prone to physical asset damage or external threat, reducing the element of risk in the operations. With the adoption of the system on module/computer on module solutions, the customers can work for hardware and software development at once, reducing the requirement of additional time investment. Thus, the benefits of implementation of the Computer or system on module, such as the increased speed of operation, better design of the computer structure, cost-saving integration and secured, and risk-free operations, provides an impetus to the market growth.

Regional Analysis

Presence of Robust Manufacturing Facilities to Drives Europe’s Computer or System on Module Market

Europe’s Computer or system on module market is projected to witness significant growth. The market share is shared by the developed countries with established manufacturing hubs of automotive production and manufacturing facilities. The capability of the advanced and modern European computing sectors to adopt the Computer or system on module in their hardware infrastructure is also expected to catalyze the growth of the market. Countries such as the U.K., Germany, and France are heavily dependent on industrial automation in their manufacturing facilities, which is also expected to boom the market in the potential segment of industrial automation.

Increased Demand for Computing Solutions to Drive Asia-Pacific’s Market Growth

Asia-Pacific is projected to register hefty growth on account of the increased demand for computing solutions and considerable traction for advanced solutions to develop the computing systems. Countries such as Taiwan and India are developing the abilities of manufacturing and inculcating industrial automation across the sectors. The already established commercial facilities of global players, the constant inception of startups in China, and the reliance of these customers of automation techniques are expected to impart the highest share and growth rate for China in the region.

Segmental Analysis

Industrial Automation Segment to Cater Considerable Share in the Market

The industrial automation segment is expected to cater to a considerable share in the market, owing to high improvement in the performance and operation of the industrial automation techniques. The use of an integrated Computer or system on module provides operation advantages for the processes, such as manufacturing, product assembly, supply chain management, and logistics operations.  According to a case study published by Computer or system on module manufacturer, Linear MicroSystems states that an industrial automation manufacturer has replaced its conventional computing systems with computer or system on module embedded solutions as the manufacturer was keen towards the procurement of compact and cost effective computing solutions.

The product was manufactured by dividing the development process into three fundamental development blocks, such as firmware, analog, and digital section. The final manufactured prototype was then sent for test engineering to ensure quality, reliability, and performance assurance of the product. The considerable growth in the adoption of the system on module/computer on module products drives the market growth.

Impact of covid-19

The decrement in the global GDP and manufacturing losses observed by many manufacturing facilities created a significant amount of disparity in terms of financial stability and impact on the future growth perspectives of the market. The current market volatility in the supply and demand chain and imbalance in import-export equations due to flight restrictions by the countries to contain spread hampers the market growth.

Recent Developments