Global System on Module Market, By Type, 2018–2026 (USD Million)
Synopsis
The above chart is Global System on Module Market, By Type, 2018–2026 (USD Million)
Market Dynamics
the global system on module market is rapidly expanding, driven by the need for advanced computing technology in various industries. a system on module (som) is a small form factor, ready-to-use electronic board that contains all the necessary components of a computer system. it is highly versatile and offers a customizable and modular approach to building complex electronic systems. the market for system on modules is expected to witness significant growth in the coming years, owing to its numerous benefits such as reduced development time, cost-effectiveness, and scalability.
the market is segmented based on type into arm-based, x86-based, and power architecture-based system on modules. among these, the arm-based soms are expected to dominate the market during the forecast period. this can be attributed to their widespread adoption in applications such as mobile devices, consumer electronics, and automotive systems. arm-based soms are known for their low power consumption, high performance, and compatibility with various operating systems, making them a popular choice among manufacturers.
the market for x86-based soms is also expected to grow significantly in the coming years. these soms are widely used in applications that require high processing power such as industrial automation, medical devices, and digital signage. the increasing demand for smart and connected devices is expected to drive the growth of this segment. additionally, the availability of various form factors and interfaces in x86-based soms makes them a preferred choice for a wide range of applications.
the power architecture-based som segment is also projected to witness significant growth in the coming years. these soms are widely used in embedded systems and real-time applications, owing to their high processing power and low power consumption. with the increasing demand for real-time data processing in industries such as automotive, aerospace, and defense, the market for power architecture-based soms is expected to grow at a steady pace.
in conclusion, the global system on module market is expected to witness significant growth in the coming years, driven by the increasing demand for advanced computing technology in various industries. the versatility, performance, and cost-effectiveness of soms make them a preferred choice for building complex electronic systems. with advancements in technology and the rising adoption of internet of things (iot) devices, the demand for soms is expected to further boost in the future.