System on Module Market Analysis

System on Module Market Analysis

The industry size from the power architecture product segment is projected to observe 5% growth during 2023 to 2032. Processors based on power architecture provide high and efficient integration, enabling seamless hardware and software compatibility and enhanced performance. These processors are also used extensively in networking and industrial applications such as general embedded solutions and embedded networking equipment. The increasing requirement for high-speed communication in industrial solutions and systems will thus promote the integration of power architecture solutions.

The system on module market from the Qseven standard type is projected to witness 15% growth rate through 2032. SoM with the Qseven standard has been adopted in smart home applications since it is considered ideal for space-constrained applications that need low power. This standard is also capable of improving design flexibility and computing performance, thereby allowing the use of varied processor configurations. Furthermore, its ability to aid the delivery of improved storage capabilities and excellent computing performance will boost industry demand in IoT and networking applications.

SoM industry revenue from the industrial automation sector is expected to reach USD 3 billion by 2032. With the increasing employment of robotic technologies, the utilization of SoMs and embedded solutions has surged in industrial sectors. To eliminate human labor and garner worker safety, the reliance on automated material handling equipment has also increased in manufacturing facilities. These factors, alongside the growing customization of industrial robots, will bolster the demand for embedded systems and subsequently amplify SoM development for such applications.
 

Middle East & Africa system on module market will cross USD 50 million by 2032, on account of the spurring investment from oil and gas producers in infrastructure modernization projects. The regional manufacturing sector, the implementation of Industry 4.0 has also soared attributed to the rapid industrial automation. These trends will encourage developers to rely on SoM to design connected edge devices for next-generation industrial automation in the MEA.
 

North American industry exceeded USD 350 million in 2022, due to the progression of the industrial sector and the high requirement for automated solutions. In countries such as Canada, organizations are opting for IoT and other emerging technologies to accelerate their progress toward their business goals. IoT has also been among the technology sectors with high investment levels. With the shifting interest toward robotics and AI in the manufacturing sector, the integration of SoM systems will thus improve in the region.