System On Module Market - By Application (Medical, Test & Measurement, Transportation, Industrial Automation, And Entertainment), By Product (Arm, X86, And Power), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Global System On Module market, which accrued revenue worth nearly 1.60 (USD Billion) in 2019, will record the CAGR of nearly 14.9% over the period from 2020 to 2026.

21-Jul-2020 | Report Code: ZMR-4203 | Report Format : | Status : Published

Abstract

The global System On Module market, which accrued revenue worth nearly 1.60 (USD Billion) in 2019, will record the CAGR of nearly 14.9% over the period from 2020 to 2026. The report offers assessment and analysis of the System On Module market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Details of the Report:

Report Metric

Details

Base Year

2019

Historical Data

2017 and 2018

Forecast period

2020-2026

Market Representation

Earnings provided in terms of USD Billion and CAGR estimated from 2020 to 2026

Segments Analyzed

By Product, By Application,  and By Region

Regions Analyzed

North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa

Introduction

System on module is the board level circuit that helps in integration of a system function in a single module. In addition to this, it has the ability to combine both digital as well as analog operations on a sole board. It finds myriad applications in the embedded systems. With connected things and industry 4.0 becoming the catch phrase and the terminologies gaining popularity across the globe, the market is likely to gain traction over the forthcoming years.

Market Growth Dynamics

Escalating popularity of the embedded technology as a result of its high computing performance & low power utilization will spearhead the surge of the market over the forecast timespan.  Apart from this, system on module finds large-scale applications in blade servers, edge computing, automotive, network appliances, and medical equipment. Additionally, escalating need for system on modules for software defined radio equipment will prompt the expansion of the industry over the years to come.

Furthermore, humongous utility of miniaturized items will further generate high demand for system on modules in the foreseeable future. With the inception of new technologies like artificial intelligence, big data, augmented reality, and virtual reality, the system on module market will garner huge proceeds over the years to come. Growth of robotics and rise in automation in the industries as well as launching of autonomous vehicles will create new vistas of growth for system on module business over the coming decade.

Asia Pacific To Retain Its Market Dominance Even Over Forecast TimeLine

The growth of the market in the Asia Pacific zone during forecast timeline is attributed to prominent surge in the manufacturing units and OEMs in India and China. Apart from this, economic growth as well as massive demand for embedded systems & powerful electronic equipment in these countries will further steer the market growth in the region.

Key players influencing the market growth include Congatec, Advantech, Digi International, SECO, Kontron, and Adlink.

The global system on module market is segmented as follows:

By Application

  • x86
  • ARM
  • Power

By Product

  • Test & Measurement
  • Medical
  • Industrial Automation
  • Transportation
  • Entertainment

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Escalating popularity of the embedded technology as a result of its high computing performance & low power utilization will spearhead the surge of the market over the forecast timespan.

The CAGR of the industry is expected to be nearly over 14.9% during the forecast time.

Asia Pacific will contribute remarkably towards the global market share over the estimated timeframe.

The key market players include Congatec, Digi International, Kontron, SECO, Advantech, and Adlink.


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