Computer on Module Market – Global Industry Analysis and Forecast (2023-2029)

Computer On Module Market was valued at US$ 1.49 Bn. in 2022. Global Computer on Module Market size is estimated to grow at a CAGR of 6.49 %. The market is expected to reach a value of US $ 2.32 Bn. in 2029.
Computer on Module Market Overview and Dynamics:
Computer on Module (COM) is an embedded technology, which offers all computing components combined in a single hardware module or a chipset. After that, the chipset is combined with the software module to complete the system or computer. These modules, like Ethernet bus connections, Bluetooth radios, flash memory drives, and inbuilt Wi-Fi modules, are the most integral and basic parts of computer systems. Given the growing popularity of compact and portable computer systems, the use of a computer or system on module is projected to gain significant traction.

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Growing Industrial Automation to Promote Market Expansion:

The increasing trend of industrial automation in recent years is one of the most significant causes contributed to the rise in demand for COM. The overview of robotics, supervisory control and data acquisition (SCADA), programmable logic controllers (PLCs), and other new technologies has resulted in an upsurge in industry automation. Increased efficiency and productivity result in lower total industrial costs as a result of industrial automation. Industrial automation is quickly developing in a range of countries around the world as a result of these factors.

Market Growth to be driven by Favourable Market Developments for Robotics and the Inception of Industry 4.0:

In recent years, the robotics industry has reached some significant milestones, resulting in expanded robotics use in a variety of industries. The expansion of the computer or system on module industry is likely to be fuelled by advancements in system architecture. Customers also desire to use smart industrial applications to boost their operation's performance and efficiency. Digi International Inc. recently announced the DigiConnectCore 8M Nano and DigiConnectCore 8X, which would enable superior scalability and performance-oriented output for industrial IoT applications, based on IoT application requirements.

The computer on module market's growth is fuelled by a slew of operational and design advantages:

The COM offers a number of advantages in terms of computer operations and compact modular design, reducing the complexity of modern computer system design. The integrated chip removes the need for interconnected hardware goods with intricate and precise organisation structures. The system on chip combines all of the necessary hardware modules into a single module, allowing for simple and hassle-free computing.

Some Of the Major Challenges Faced by the COM Market are:

In the computer on module market, IoT security is a major challenge. The main components in establishing IoT are COMs and other SBCs. They are critical in the development of the Internet of Things because they have a smaller form factor that allows OEMs and ODMs to create compact devices and equipment. It is critical to first establish secure IoT access for the machines' network in order to attain high security standards. This is accomplished by establishing a gateway. COM is used to create (or install) this gateway in several products.

With the growing demand for IoT security, COM manufacturers must consider many of these concerns and design modules in such a way that hackers would not be able to steal confidential data. As a result, vendors will need to devote significant resources to developing and testing new COM modules that can improve IoT security. This could hamper the market's growth during the forecast period.
Computer on Module Market Segment Analysis:
Global Computer on Module Market is segmented into Processor, Form Factor, and Application.

Industrial Automation segment dominated the global market for Computer on Module in 2022.

By Application, the solution segment held the largest market share of nearly 32.89% in 2022. Thanks to significant advancements in the performance and operation of industrial automation techniques, the industrial automation segment is likely to account for a significant portion of the market. Manufacturing, product assembly, supply chain management, and logistics activities all benefit from the usage of an integrated computer or system on module. According to a case study produced by Linear MicroSystems, an industrial automation manufacturer has replaced its traditional computing systems with computer or system on module embedded solutions since the manufacturer was looking for compact and cost-effective computing solutions.

The product was created by breaking down the development process into three basic development blocks: firmware, analogue, and digital. After that, the final manufactured prototype was submitted to test engineering to confirm the product's quality, reliability, and performance. The market is growing due to a significant increase in the usage of system on module/computer on module products.
Computer on Module Market Regional Insights:
Asia-Pacific accounted for the largest market share in 2022, with a market value of US$ xx Bn; the regional market is expected to register a CAGR of 7.12% during 2023-2029. This growth is attributed to the increased demand for considerable traction and computing solutions for advanced solutions to develop the computing systems. Economies such as India and Taiwan are developing the abilities of manufacturing and instructing industrial automation across the sectors. The already established commercial facilities of global players, constant inception of start-ups in China, and the reliance of these customers of automation techniques are likely to impart the highest share and growth rate for China in the region.

The objective of the report is to present a comprehensive analysis of the Computer on Module Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help understand the Computer on Module Market dynamic and structure by analyzing the market segments and projecting the Computer on Module Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Computer on Module Market make the report investor’s guide.
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Computer on Module Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.49 Bn.


Forecast Period 2023 to 2029 CAGR:
6.49%
Market Size in 2029:
US $ 2.32 Bn.


 Segments Covered:
by Processor
ARM (Advanced RISC Machines) Architecture
x86 Architecture
Power Architecture
Others


by Form Factor
COM Express
SMARC (Smart Mobile Architecture)
Qseven
ETX (Embedded Technology Extended)
Others


by Application
Industrial Automation
Medical
Transportation
Gaming
Communication
Others



Computer on Module Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America
Computer on Module Market Key Players:
1. Kontron
2. Congatec
3. MSC Technologies (Avnet)
4. Advantech
5. ADLink
6. Portwell
7. Eurotech
8. SECO srl
9. Technexion
10. Phytec
11. Axiomtek
12. Aaeon
13. Toradex
14. EMAC
15. Avalue Technology
16. CompuLab
17. Variscite
18. Digi International
19. Olimex Ltd
20. Shiratech (Aviv Technologies)
21. Critical Link, LLC
22. IWave Systems Technologies

Frequently Asked Questions:

1] What segments are covered in the Computer on Module Market report?
Ans. The segments covered in the Computer on Module Market report are based Processor, Form Factor, and Application.

2] Which region is expected to held the highest share in the Computer on Module Market?
Ans. APAC region is expected to held the highest share in the Computer on Module Market.

3] What is the market size of the Computer on Module Market by 2029?
Ans. The market size of the Computer on Module Market by 2029 is US$ 2.32 Bn.

4] What is the forecast period for the Computer on Module Market?
Ans. The forecast period for the Computer on Module Market is 2023-2029.

5] What was the market size of the Computer on Module Market in 2022?
Ans. The market size of the Computer on Module Market in 2022 was US$ 1.49 Bn.