Computer on Module Market Overview
The Computer on Module Market Size is expected to reach USD 4.85 Billion by 2033. The Computer on Module industry size accounted for USD 2.21 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 12.65% from 2023 to 2033. The Computer on Module (COM) market involves compact, self-contained computing units designed for integration into larger systems or devices. These modules provide essential processing power, memory, and connectivity, enabling developers to streamline product development and reduce time-to-market. The market is driven by the increasing demand for embedded systems across various industries, such as automotive, industrial automation, and consumer electronics. Key players in this market offer modules with varying performance levels, form factors, and interfaces to cater to diverse application needs. The growth of the Internet of Things (IoT) and advancements in semiconductor technology are also contributing to the expansion of the COM market.
Global Computer on Module Market Synopsis
COVID-19 Impact Analysis
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Computer on Module market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.
Computer on Module Market Dynamics
The major factors that have impacted the growth of Computer on Module are as follows:
Drivers:
Ø Advancements in Semiconductor Technology
Continuous advancements in semiconductor technology enhance the performance, efficiency, and capabilities of COMs. Innovations such as smaller process nodes, higher integration levels, and improved power management contribute to the development of more powerful and energy-efficient modules.
Restraint:
- Limited Standardization
While there are industry standards for COMs, such as COM Express and SMARC, the lack of universal standardization can result in compatibility issues between modules from different manufacturers. This can complicate system design and integration, leading to increased development time and costs.
Opportunity:
⮚ Innovation in Automotive Applications
The automotive industry is increasingly adopting advanced computing solutions for applications such as autonomous driving, advanced driver-assistance systems (ADAS), and in-vehicle infotainment. COMs can provide the necessary processing power and connectivity for these sophisticated automotive technologies, presenting a significant growth opportunity in this sector.
Computer on Module Segment Overview
By Form Factor
Based on Form Factor, the market is segmented based on Com Express, SMARC, Qseven, ETX Module. COM Express generally dominates due to its widespread adoption and versatility, offering a broad range of performance levels and interfaces suitable for various applications.
By Industry Vertical
Based on Industry Verticals, the market has been divided into the Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, Automotive, Others Industrial Automation typically dominates due to the high demand for reliable and flexible computing solutions in manufacturing processes, control systems, and industrial equipment.
Global Computer on Module Market Regional Analysis
Based on region, the global Computer on Module market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Computer on Module market followed by the Asia-Pacific and Europe regions.
Computer on Module North America Market
North America holds a dominant position in the Computer on Module Market. In 2022, North America constituted the most portion of revenue. The market is being driven by the growing adoption of wearable healthcare devices in developed economies. Furthermore, the increasing adoption of IoT technology in North America will promote additional market expansion. Many firms, such Texas Instruments, Intel Corporation, and Atmel Corporation, are present in the industry and help it grow by offering diverse systems to different industries so they may carry out tasks related to their applications.
Computer on Module Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Computer on Module industry. In the system-on-module industry, the Asia-Pacific area is anticipated to have the highest compound annual growth rate. The use of highly efficient embedded computing solutions and Internet of Things (IoT) technology is being supported by the thriving IT and services infrastructure in nations like China and India, which is driving industrial growth. The Asia Pacific region will see market opportunities as a result of the manufacturing industries’ growing need for automated solutions to advance.
Competitive Landscape
The global Computer on Module market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as Form Factorlaunches, and strategic alliances.
Prominent Players:
- Aaeon Technology Inc.
- Adlink Technology Inc.
- Advantech Co. Ltd.
- Compulab Ltd.
- Congatec AG
- Eurotech Group
- Intel Corporation
- Smart Wireless Computing
- Texas Instruments Inc.
- KONTRON EUROPE GMBH
Key Development
In September 2022, Intel Corporation focused on enhancing its portfolio of embedded solutions, including Computer on Module (COM) offerings, by introducing new processors and platforms designed to improve performance and energy efficiency for embedded and industrial applications.
Scope of the Report
Global Computer on Module Market, by Form Factor
- Com Express
- SMARC
- Qseven
- ETX Module
Global Computer on Module Market, by Industry Vertical
- Industrial Automation
- Aerospace & Defense
- Consumer Electronics
- Healthcare
- Automotive
- Others
Global Computer on Module Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: $4.85 Billion |
| CAGR | 12.65% CAGR (2023-2033) |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Form Factor, Industry Vertical |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | Aaeon Technology Inc., Adlink Technology Inc., Advantech Co. Ltd., Compulab Ltd., Congatec AG, Eurotech Group, Intel Corporation, Smart Wireless Computing, Texas Instruments Inc., KONTRON EUROPE GMBH |
| Key Market Opportunities | • Adoption of system on modules in medical devices |
| Key Market Drivers | • Ideal for quick and focused product designs · Surge in demand for portable and wireless devices |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Computer on Module market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Computer on Module market historical market size for the year 2021, and forecast from 2023 to 2033
- Computer on Module market share analysis at each Form Factor level
- Competitor analysis with detailed insight into its Form Factor segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including Form Factor launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Computer on Module market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, Form Factor offering, recent developments, SWOT analysis, and key strategies.
