In the realm of engineering, the pursuit of enhancing product intelligence, connectivity, and performance while simultaneously mitigating costs, power consumption, and size poses an ongoing challenge. System on Module (SoM) emerges as a pivotal solution, providing engineers with an ideal platform for achieving rapid and focused product design. This modular approach streamlines the development process and allows for greater flexibility in addressing diverse engineering challenges across various industries.
In healthcare, the adoption of SoMs is particularly transformative, contributing to real-time health diagnostics through the integration of artificial intelligence (AI) and embedded systems. This integration enhances the accuracy and efficiency of health diagnostics, providing improved results for medical practitioners and ultimately benefiting patients. The use of advanced embedded systems in medical devices showcases the potential of SoMs in driving innovation within the healthcare sector.
Furthermore, the escalating demand for portable and wireless devices, exemplified by the rise of smart wearable medical fabrics, is poised to be a significant driver for the growth of the SoM market. The integration of SoMs in these devices not only enables portability but also ensures seamless connectivity, catering to the evolving preferences of modern consumers for more compact and intelligent healthcare solutions.
The advent of Industry 4.0 has ushered in a new era of smart manufacturing and automation. The growing demand for advanced robotics, characterized by compact and highly powerful embedded systems, aligns seamlessly with the capabilities of SoMs. These modules play a crucial role in the development of intelligent robotic systems that are integral to modern manufacturing processes. The synergy between SoMs and Industry 4.0 reflects a broader trend towards automation and connectivity, driving the market's growth trajectory.
However, amid the advancements facilitated by SoMs, challenges persist. One notable impediment is the complexity associated with x86-based modules of SoMs. The intricacies of these modules can pose hurdles, hindering seamless integration and application. Addressing this challenge becomes crucial for unlocking the full potential of SoMs, and concerted efforts are required to streamline and simplify the utilization of x86-based modules in diverse engineering applications.
As industries continue to evolve and embrace digital transformation, the role of SoMs becomes increasingly pronounced. Their modular architecture allows for efficient adaptation to specific needs, promoting agility in product design. The healthcare sector, in particular, stands to benefit significantly from the capabilities of SoMs, ushering in an era of smarter, more connected medical devices.
In conclusion, the adoption of SoMs in engineering represents a paradigm shift, providing engineers with a versatile and efficient platform for product design. The integration of SoMs in healthcare, Industry 4.0, and robotics underscores their diverse applications and transformative potential. While challenges exist, the trajectory of the SoM market suggests a promising future, driven by a relentless pursuit of innovation and efficiency in engineering solutions.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 2,701.4 Billion |
Market Size Value In 2023 | USD 2,939.8 Billion |
Growth Rate | 8.4% (2023-2032) |
System on Module Market Size was valued at USD 2.9 Billion in 2023. The System on Module industry is projected to grow from USD 3.2 Billion in 2024 to USD 6.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.4% during the forecast period (2024 - 2032). The rising consumer adoption and surge in consumer demand for portable and wearable devices will boost the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The increasing miniaturization of the system on module has resulted in optimum space and functionality, which is key requirements in portable and wireless devices. System on modules work on low power and offer balanced performance and, therefore, can be used in multiple handheld and portable devices. This allows developers to choose the platform best suited to their application needs. Developers can write application software on the same hardware that will be used in their final product. Thus, the surge in the demand for portable and wireless devices is expected to drive the growth of the System on Module Market during the forecast period.
Wearable devices are miniature portable devices used on the human body, mainly integrated and designed to replace already existing accessories like a watch and other medical equipment. The market for wearable and portable devices is booming significantly owing to the use of IoT, artificial intelligence and machine learning technologies. Thus, the need for smaller, more intuitive devices is rapidly increasing. In addition to the end user market, the demand for devices to track physical conditions and functionalities in medical industry is expected to rise the penetration of system on module in upcoming years. For instance, in December 2022, Kopin Corporation, a developer and supplier of micro-displays and sophisticated optics for wearable headsets, developed a collaborative technology solution along with OPTAC-X, a telehealth company, and RealWear, hands-free and sturdy wearable headsets. OPTAC-X offers telehealth developed to enable first responders and medical personnel to save lives in battle and other dangerous situations with the help of optic technologies and aided reality wearable.
The System on Module market segmentation, based on Type, includes ARM architecture, X86 architecture, power architecture. The power architecture held the leading segment growth over the forecasted period among the rest of types of system on modules. Power architecture is an instruction set architecture (ISA) implemented by a variety of processors from various vendors, including Power7, IBM's latest server processor. It is designed to exploit parallelism at the instruction, data, and thread-level.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
According to Standard, the segment is divided into COM Express, SMARC, Qseven, ETX/ XTX, COM-HPC and others. Qseven segment led the overall market in the System on Module industry in 2022, and COM-HPC segment is expected to grow significantly in terms of CAGR during the forecast period. COM-HPC (Computer on Module – High Performance Computing) is an open standard for a family of high-performance computer modules targeting the embedded computer space. When it comes to aspects like long-term availability, prolonged temperature operation, mechanical toughness, hardware, and firmware that can be tailored to the application, and Module vendor assistance for product developers, the embedded market differs from the commercial market.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The System on Module market research segmentation, by application, the market is segmented into industrial automation, medical, entertainment, transportation, test and measurement, and others. System on module improves processing & machine operations and communication among factory equipment and industrial robots, accelerating market growth. The escalation of industrial robots in the manufacturing sector is contributing to the adoption of SoM in industrial automation. South Korea holds the highest robot density that stands at over 600 robots per 10,0000 robots in the industrial sector.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By Region, the study segments the market into North America, Europe, Asia-Pacific, Middle East & Africa, and South and Central America. North America accounted for the largest share of revenue in 2022. The increasing uptake of wearable healthcare devices across developed economies is fueling the market. In addition, the rising penetration of IoT technology in North America will further accelerate the market growth. The presence of various companies such as Atmel Corporation, Intel Corporation, and Texas Instruments are contributing to the growth of the market by providing various systems to different industries to perform the task associated with their applications. Also, the rising urbanization and demand for smart appliances and the presence of large-scale industries in the region are some of the major factors driving the market in the region
The Asia-Pacific region is expected to have the largest market CAGR in the system on module market. The flourishing IT & services infrastructure in countries, including China and India, is supporting the adoption of highly efficient embedded computing solutions and IoT technologies, which provides an impetus for industry growth. The increased demand for automated solutions in manufacturing industries for advancement will create market prospects in the Asia Pacific region. the adoption of IoT and advanced technologies by several organizations, led to surge the need for system on modules in Asia Pacific.
Further, the countries considered in the scope of the System on Module market are the US, Canada, Mexico, UK, Germany, France, Italy, China, Japan, Singapore, South Korea, South Africa, Saudi Arabia, United Arab Emirates, Brazil, Argentina, and others.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Major market players are spending a lot of money on R&D to increase their product lines, which will help the System on Module market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the System on Module industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
TechNexion’s collaboration with Emteria in September 2021 is meant to grow embedded products for the long term on the Android-based operating system.
In 2022, SiFive declared its alliance with BrainChip, an AI processor manufacturing company. The partnership’s motto is to offer designer chips optimized with Artificial Intelligence and machine learning for edge computing.
Deutsche Beteiligungsgesellschaft acquired Cognate AG in August 2022 for approximately US$136 million. Deutsche Beteiligungsgesellschaft made this acquisition in order to strengthen its position within the market.
The joint cooperation of Covade and SoMLabs in 2020 aims to provide engineering services for projects throughout Europe. Covade has broad experience and expertise in designing embedded electronic systems.
The joint cooperation between Covade and SoMLabs in 2020 aims to provide engineering services across projects all over Europe. Covade has vast experience and expertise in developing embedded electronic system designs.
Bulgarian open hardware specialist Olimex introduced a new system-on-module (SOM) and an evaluation carrier board that targeted industrial applications — using NXP's iMX 8M Plus system-on-chip with its 2.3 TOPS neural coprocessor for on-device machine learning workloads and artificial intelligence workloads launched on June 2024.
Telit Cinterion, an IoT solutions provider, announced that they had released SE868K5-RTK, which is a Global Navigation Satellite System (GNSS) receiver module with an accuracy of up to centimeter-level positioning. The first GNSS module in Telit Cinterion’s portfolio, which enables such high-precision location data, is made possible by means of advanced Real Time Kinematics (RTK) technology. Dual frequency signals, as well as support for multiple satellite constellations, are used by the module, thus overcoming multipath interference and identifying locations with unmatched accuracy.
MYiR, Variscite, and Compulab have launched a new NXP i.MX 93 system-on-modules in May 2024. We covered announcements about earlier NXP i.MX 93-based modules like ADLINK OSM-IMX93 and Ka-Ro Electronics’ QS93, as well as products integrating the higher-end NXP i.MX 95 processor, such as the Toradex Titan Evaluation kit. In addition to two older models for Dart and Variscite, there are also three others based on the same chip from Compulab that are now available.
North America
Europe
Asia-Pacific
Middle East & Africa
South and Central America
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