The global system on module market is anticipated to grow at a significant CAGR of 10.2% during the forecast period. There are several drivers responsible for the growth of the systems in module market. One of the drivers of the market is the high adoption of embedded computers in industrial applications and the Internet of Things. The adoption of these technologies provides several benefits such as stability, cost reduction, and reliability, which would benefit the manufactures and propel the growth of the system on modules market. Many wireless connectivity technologies, imaging solutions, and smart sensors are being introduced with advancements in technologies.
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These advancements in technologies have enabled manufactures to improve applications and boost reliability by providing a ‘single chip with multiple cores’ system. For instance, in February 2020, the Verdin -a family of systems on the module was launched by Toradex, which provided a future-proof and modern set of interfaces focusing on ease of use and robustness. Furthermore, the system on module market is also being boosted by the growing demand for rugged embedded computers that can be utilized in applications in the aerospace and defense industry. In many manufactured end products embedded platforms are used, system on module integrates unstable memory technology like RAM DRAM and provides a stable flash memory of a processor subsystem on a single module. Which would further drive the growth of the system on module market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global System on Module Market Report by Segment
By Processor
- ARM
- X86
- PowerPC
- GPU
By Application
- Industrial Automation
- Aerospace & Defense
- Consumer Electronics
- Healthcare
- Automotive
- Others
Global System on Module Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global System on module market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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