Computer on Module Market Size, Share, Growth Analysis, By Processor (ARM, X86), By Industry Vertical (Industrial Automation, Automotive), By Form Factor (Com Express, SMARC), By Region -Industry Forecast 2024-2031
Report ID:
SQMIG45I2209 |
Region:
Global |
Published Date: November, 2024
Pages:
195
|Tables:
0
|Figures:
0
Computer on Module Market Insights
Global Computer on Module Market size was valued at USD 1.59 Billion in 2022 and is poised to grow from USD 1.69 Billion in 2023 to USD 2.63 Billion by 2031, growing at a CAGR of 6.49% in the forecast period (2024-2031).
Computer on module market is experiencing substantial progress in the recent past impacted by the growing demand for efficient, compact, and tailored computing solutions in diverse industries. Some of the key drivers of the market include the growing demand for IoT solutions, rising trend towards the use of automation and industry 4.0, and enhanced flexibility and customization. The growing proliferation of IoT applications has been fueling the demand for compact and efficient computing solutions. CoMs or computer modules offer optimal scalability and flexibility for Internet of Things devices. Also, the growing inclination towards automation, mainly in industries like industrial and manufacturing processes, is driving the need for computer on modules. They help in the development of smart machinery and devices with improved processing capabilities. Besides, they also offer tailored solutions for certain applications. These factors are propelling the growth of the market.
Nevertheless, the global market is restrained by factors like significant initial investment costs and complexity of design. The cost of developing customized solutions depending on computer on modules could be high, thus refraining small companies from adopting. Moreover, design with computer on modules need pre-defined levels of specialization in embedded systems, which could create obstacles for a few companies. Despite these challenges, the market is anticipated to grow considerably owing to opportunities like improvements in machine learning and artificial intelligence and rising focus on eco-friendly and energy-efficient technologies.
Market Snapshot - (2024-2031)
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
CAGR
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Computer on Module Market Segmental Analysis
The global computer module market is segmented based on Processor, Form Factor, Industry Vertical, and Region. Based on Process, the market is divided into ARM, X86, PowerPC. Based on Form Factor, the market is categorized as Com Express, SMARC, Qseven, ETX Module. Based on Vertical, the market is classified into Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, Automotive. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Analysis by Processor
Based on processor, the computer on module market is categorized into ARM, X86, and PowerPC. The ARM segment held a notable share of the market in the previous years and is expected to lead over the forecast period as well owing to its energy efficiency, high-performance, and better scalability. ARM processors are prominently known to many due to their low energy consumption, which makes them suitable for IoT and embedded applications since they demand high energy efficiency. Also, ARM framework offers a robust balance between power and performance that aids a broader range of applications like simple devices and complex systems. These processors also offer numerous configurations and cores that enable developers to select the most suitable solution that enhances flexibility in product designs, thus increasing its demand.
On the other hand, the X86 segment is projected to grow considerably over the forecast period owing to factors like high performance, better compatibility, and a well-established network. X86 processors, mainly by AMD and Intel, provide excellent performance capabilities, increasing their preference for applications like high-end computing and industrial automation. Its architecture is prominently used in servers and PCs, which offers better compatibility with the present systems and software. This streamlines the integration for development teams. Also, a well-established network of software, hardware, and support services is largely available for X86 processors, thus offering the development teams comprehensive tools and resources for development.
Analysis by Industry Vertical
Based on industry vertical, the market is segmented into industrial automation, aerospace & defense, consumer electronics, healthcare, and automotive. The industrial automation segment held a notable market share in the previous years and is expected to continue dominance over the forecast period as well owing to productivity and efficiency, growth of IoT integration, and customization. CoMs allow real-time data control and processing that enhances productivity and operational efficiency in manufacturing activities. The growth of IoT applications and industry 4.0 applications need connected and reliable solutions that ultimately impact the demand for computer on module. CoMs also offer customization and flexibility helping manufacturers to develop tailored solutions for certain automation processes.
On the other hand, the automation segment will hold a remarkable market share in the coming years owing to advancements in technology, higher connectivity, and the shift towards e-vehicles. The growth of ADAS and self-driving technologies need reliable and strong computing solutions. Rising consumer demand for infotainment systems and in-car connectivity is fueling the demand for computer modules that can efficiently manage complicated data communication and data processing. Furthermore, the inclination towards electric vehicles is majorly increasing the need for well-developed embedded solutions for energy optimization, battery management, and vehicle-to-everything (V2X) communication. The segment is also being propelled due to increased demand for compliance and safety.
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Computer on Module Market Regional Insights
Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to the region being a major hub for technological advancements and innovations, strong industrial base, and heavy investment in automation and IoT. The region is the leading center for a large number of research institutes and technology companies, which fuels improvements and innovations in embedded computing technologies. North America holds a strong industrial and manufacturing sector for is dependent on smart technologies and automation, thus demanding CoMs. Also, major investments are seen in industry 4.0, IoT, and smart manufacturing initiatives that speed up use of CoMs in diverse applications. The key players profiled in the region include Digi International, Axiomtek, Sierra Wireless, WinSystems, Advantech, Emerson Network Power (Vertiv), and more.
Asia-Pacific is the fastest-growing region in the global computer on module market owing to speedy industrialization, mounting adoption of IoT, and growing demand for consumer electronics. Growing industrial automation and the need for smart factories in key nations like South Korea, Japan, and China are driving the demand for computer on module. Also, the growth of IoT applications in diverse industries is considerably fueling the need for efficient and compact embedded solutions, thus driving market growth in the region. Besides, the progressing consumer electronics industry due to growing demand for wearables, smartphones, and smart home devices, fuels the demand for CoMs.
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Computer on Module Market Dynamics
Drivers
Growing Miniaturization of Electronics
- Growing space constraints and integration of components is fueling the use of computers on module. As devices are being developed in small sizes, the demand for compact computing solutions is increasing. Computer modules offer strong computing in comparatively small form factor, catering to the demand of miniaturized electronic uses cases and applications.
Improvements in Processing Technologies
- Continuous advancements in processor technologies, especially in X86 and ARM frameworks offer computer modules with improved performance, capabilities, and power efficiency that increases their appeal for a broader range of applications. They also offer better support to advanced technologies like machine learning, edge computing, and AI, thus increasing use areas.
Restraints
Complexity in Integration and Design
- Designing and integrating computer modules in the present systems need proficiency and knowledge in hardware design and embedded systems, which may not be accessible or available in all businesses. The design process could be lengthy, comprising numerous testing processes and iterations, which could increase costs and delay product launches.
Growing Competition and Pricing Pressure
- The computer on module market is competitive with several players aiming to gain a significant market share and position among others. This results in price wars, pressing profit margins for producers. Also, the wide availability of substitute embedded solutions like system-on-modules (SoMs) and single-board computers (SBCs) may be risky for computers on modules and add to pricing pressures.
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Computer on Module Market Competitive Landscape
The competitive landscape of the global computer on module market is a mixture of numerous regional players and leading players that are engaged in extensive product portfolios, technological improvements like advances in X86 and ARM technologies, and innovations. The prominent players in the market are Advantech, Axiomtek, Digi International, Congatec, Toradex, and Variscite hold a strong brand name in the market and established consumer base. While most companies are focused on innovations and R&D, several players offer tailored CoM solutions to satisfy the growing needs of the industries, thus enhancing competitiveness. Overall, the dynamic market is impacted by diverse product offerings and strategic alliances.
Top Player’s Company Profiles
- Aaeon Technology Inc.
- Adlink Technology Inc.
- Advantech Co. Ltd.
- Compulab Ltd.
- Congatec AG
- Eurotech Group
- Intel Corporation
- Kontron Europe GmbH
- Smart Wireless Computing
- Texas Instruments Inc.
- ASUS
- NXP Semiconductors
- Pico Technology
- Embedded Artists
- Sierra Wireless
Recent Developments
- In September 2024, AAEON and The Embedded Kit gladly announced their strategic collaboration at the SIDO Lyon. This alliance was done to simplify the development process for industrial organizations to offer a fully incorporated software and hardware package.
- In September 2024, Advantech announced the launch of UNO-148 V2, a DIN-rail automation controller. It is equipped with the ultra-modern 13th Gen Intel® Core™ processors and modernized design that incorporates with its 2nd stack extension kit to aid embedded MXM GPUs depending on Ampere and NVIDIA Ada Lovelace architecture.
- In June 2024, Adlink Technology Inc. in alliance with NVIDIA announced improvements in edge AI. DLAP-211-Orin Series by ADLINK, powered by Jetson Orin™ module of NVIDIA uses machine learning and AI recognition in smart parking meters to enhance space usage in parking and avoid overstays.
Computer on Module Key Market Trends
- Form Factor Innovation and Miniaturization: There is a growing inclination towards more compact and smaller CoMs to fit in the growing miniaturized devices. Advancements in integration techniques and chip design enable stronger processing competencies in decreased footprint. Also, the implementation of standardized form factors like Qseven and SMARC is gaining prominence, simplifying compatibility and integration in different applications.
- Modular Design and Customization: There is a growing demand trend for tailored CoMs that enable producers to choose certain features and components to cater to the growing application needs. This flexibility option majorly reduces the cost and time of development. The growing trend of modular design allows easy scalability and upgrades of the embedded systems. Manufacturers are developing networks wherein diverse modules can be added to develop customized solutions, lessening the need for extensive redesigning.
Computer on Module Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the computer on module market is considerably progressing due to growing demand for IoT solutions, growth of automation and Industry 4.0, demand for flexibility and customization, and improvements in processing technologies. Moreover, the market is fueled by growing innovations in healthcare and the progressing consumer electronics sector that demands wearables for health tracking and smart home devices. However, the market is hampered by limited adoption and low awareness, vulnerabilities in supply chain, and compliance and regulatory challenges. North America is anticipated to lead the market due to the strong industrial base, investment in automation and IoT, and well-established ecosystem of manufacturers and suppliers. Nonetheless, a few opportunities for the growth of the computer module market include growing sustainability trends, heavy deployment of 5G, and growing collaborations and partnerships.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1.59 Billion |
| Market size value in 2031 | USD 2.63 Billion |
| Growth Rate | 6.49% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Computer on Module Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Computer on Module Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Computer on Module Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Computer on Module Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Computer on Module Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Computer on Module Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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