Computer on Module Market Regional Analysis

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.