Market Overview
The system on module (SoM) market revolves around the development and deployment of compact, integrated computing modules that enable rapid prototyping and deployment of embedded systems. SoMs provide a comprehensive solution by integrating key components such as microprocessors, memory, storage, and interfaces onto a single module, simplifying the design and manufacturing process for embedded system developers. This market caters to a wide range of industries, including healthcare, automotive, industrial automation, and consumer electronics.
Meaning
A system on module (SoM), also known as a computer on module (CoM), is a compact electronic module that houses a complete computing system on a single board. It typically includes a microprocessor or system-on-chip (SoC), memory, storage, and various interfaces. SoMs are designed to be integrated into larger electronic systems, serving as the core processing unit while offloading the system-specific functions to the carrier board.
Executive Summary
The system on module market is experiencing significant growth due to the increasing demand for embedded systems in various industries. SoMs offer numerous advantages, including reduced development time, simplified design complexity, and scalability. With advancements in SoC technology and the rise of the Internet of Things (IoT), the market is poised for substantial expansion as embedded systems become increasingly prevalent across diverse sectors.
Important Note: The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Key Market Insights
- The system on module market is witnessing robust growth, driven by the rising adoption of embedded systems across industries.
- SoMs provide a comprehensive solution by integrating key components onto a single module, offering design flexibility and simplifying the manufacturing process.
- The market is characterized by advancements in SoC technology, increasing demand for IoT applications, and the availability of a wide range of SoM form factors and specifications.
Market Drivers
- Increasing demand for embedded systems: The proliferation of embedded systems across industries, including healthcare, automotive, and industrial automation, is driving the demand for system on modules. SoMs provide a convenient and efficient solution for developing and deploying embedded applications.
- Advancements in SoC technology: Continuous advancements in system-on-chip (SoC) technology, such as improved processing power, energy efficiency, and integration of peripherals, contribute to the growth of the SoM market. These advancements enable higher performance and functionality in embedded systems.
- Rise of the Internet of Things (IoT): The increasing adoption of IoT applications and connected devices creates a demand for compact, low-power, and scalable embedded systems. SoMs play a crucial role in enabling IoT solutions by providing the necessary computing power and connectivity options.
Market Restraints
- Integration challenges: The integration of system on modules into custom carrier boards may present challenges in terms of hardware and software compatibility. System designers need to ensure seamless integration and compatibility between the SoM and the carrier board.
- Cost considerations: While SoMs offer advantages in terms of development time and complexity, the overall cost of using SoMs in embedded system design can be higher compared to traditional discrete component solutions. This cost consideration may impact the adoption of SoMs in certain applications.
Market Opportunities
- Customization and scalability: SoMs provide flexibility for customization and scalability in embedded system development. Manufacturers can tailor SoMs to meet specific requirements, allowing for optimized system designs and faster time to market.
- Industry-specific applications: The adoption of embedded systems in various industries, such as healthcare, transportation, and industrial automation, presents opportunities for SoM providers to cater to industry-specific needs and develop specialized solutions.
Market Dynamics
The system on module market is characterized by continuous innovation, technological advancements, and increasing demand for embedded systems across industries. The market is driven by a combination of factors, including advancements in SoC technology, the rise of IoT applications, and the need for simplified system design and development processes.
Regional Analysis
The system on module market exhibits variations across different regions, influenced by factors such as technological capabilities, industrial development, and market demand. North America and Europe have been at the forefront of SoM adoption, driven by the presence of major technology companies and a strong focus on innovation. The Asia Pacific region is also experiencing significant growth, fueled by the rapid expansion of the manufacturing and automotive industries.
Competitive Landscape
Leading companies in the System-on-Module market:
- Intel Corporation
- Kontron AG
- NXP Semiconductors N.V.
- Advantech Co., Ltd.
- Texas Instruments Incorporated
- Digi International Inc.
- Radisys Corporation
- SECO S.p.A.
- Toradex Systems (India) Pvt. Ltd.
- Congatec AG
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.
Segmentation
The system on module market can be segmented based on form factor, processor type, end-user industry, and geography. Form factors include COM Express, Qseven, SMARC, and others. Processor types encompass ARM-based processors, x86-based processors, and others. End-user industries include healthcare, automotive, industrial automation, consumer electronics, and more.
Category-wise Insights
- Form Factors: Different form factors, such as COM Express, Qseven, and SMARC, cater to specific application requirements. COM Express, with its high-performance capabilities, is often used in applications requiring advanced processing power. Qseven, on the other hand, focuses on compact and low-power solutions for IoT and portable devices.
- Processor Types: The choice of processor type depends on the specific application requirements, including performance, power consumption, and compatibility. ARM-based processors are commonly used in power-efficient and cost-sensitive applications, while x86-based processors offer higher performance and compatibility with legacy software.
Key Benefits for Industry Participants and Stakeholders
- Simplified design process: SoMs simplify the embedded system design process by integrating key components onto a single module. This reduces development time, complexity, and the need for extensive hardware design expertise.
- Scalability and flexibility: SoMs offer scalability and flexibility, allowing manufacturers to create custom solutions based on their specific requirements. This enables faster time to market and the ability to adapt to changing customer needs.
- Reduced development costs: By utilizing SoMs, embedded system developers can reduce development costs by leveraging pre-designed and pre-tested modules, eliminating the need for extensive hardware design and validation.
SWOT Analysis
Strengths:
- Integration of key components onto a single module, simplifying system design.
- Advancements in SoC technology, enabling higher performance and functionality.
- Growing demand for embedded systems across industries.
Weaknesses:
- Integration challenges between SoMs and custom carrier boards.
- Higher overall cost compared to traditional discrete component solutions.
Opportunities:
- Customization and scalability for optimized system designs.
- Industry-specific applications in healthcare, automotive, and industrial automation.
Threats:
- Cost considerations impacting adoption in certain applications.
- Competitive landscape with numerous players offering SoM solutions.
Market Key Trends
- Increasing adoption of edge computing: The growth of edge computing applications, driven by the need for real-time processing and reduced latency, creates opportunities for SoMs in enabling edge devices and systems.
- Demand for AI-enabled embedded systems: The integration of artificial intelligence (AI) capabilities in embedded systems, such as machine learning and computer vision, drives the demand for high-performance SoMs capable of handling AI workloads.
Covid-19 Impact
The COVID-19 pandemic has accelerated the adoption of embedded systems in various industries, including healthcare, remote monitoring, and contactless solutions. This increased demand for embedded systems has positively impacted the system on module market. However, supply chain disruptions and logistical challenges have affected manufacturing and delivery timelines.
Key Industry Developments
- Advancements in SoC technology: Ongoing advancements in system-on-chip technology, such as improved power efficiency, higher processing capabilities, and enhanced connectivity options, drive the development of more advanced and feature-rich SoMs.
- Collaborations and partnerships: Collaboration between SoM providers, semiconductor companies, and ecosystem partners enables the development of integrated solutions, accelerates time to market, and expands the range of supported applications.
Analyst Suggestions
- Continued investment in research and development: Industry participants should focus on continuous research and development to stay at the forefront of technological advancements and cater to evolving customer needs.
- Collaboration and partnerships: Collaboration with ecosystem partners, including software vendors, hardware manufacturers, and system integrators, can lead to comprehensive and optimized solutions for specific industries and applications.
Future Outlook
The system on module market is expected to witness significant growth in the coming years. Advancements in SoC technology, increasing adoption of embedded systems, and the rise of IoT applications will drive market expansion. Customization, scalability, and industry-specific solutions will be key focus areas. The demand for SoMs in edge computing, AI-enabled embedded systems, and emerging technologies will create new opportunities for market players.
Conclusion
The system on module market is experiencing rapid growth as embedded systems become increasingly prevalent across various industries. SoMs provide a comprehensive and integrated solution, simplifying the design process and enabling scalability and customization. Advancements in SoC technology, the rise of IoT applications, and the need for simplified system development processes contribute to the market’s expansion. The future of the system on module market looks promising, with continuous innovation, collaborations, and the demand for edge computing and AI-enabled embedded systems driving market growth.