Market Research Report
Computer on Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025
|Published by||IMARC Services Private Limited||Product code||960421|
|Published||Content info||109 Pages
Delivery time: 2-3 business days
|Computer on Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025|
|Published: September 3, 2020||Content info: 109 Pages||
The global computer on module market grew at a CAGR of around 7% during 2014-2019. A computer-on-module (CoM), or system-on-module (SoM), refers to a complete embedded computer designed on a single circuit board. It is built on a microprocessor and is equipped with random access memory (RAM), ethernet, input or output (I/O) controllers, flash memory and other components required for a fully functioning computer. The user can plug the central processing unit (CPU) into a small processor, or baseboard and perform various functions similar to that of a complex computer. This offers a consistent and cost-effective embedded platform for computing solutions and aids in minimizing the time required for manufacturing various products. Owing to this, it finds extensive applications in the industrial automation systems, medical electronics, transportation, communication and gaming industry.
Increasing automation across industries represents one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of miniaturized devices is also providing a boost to the market growth. For instance, CoM systems are primarily used for manufacturing drones or unmanned aerial vehicles (UAVs) that are compact and can be navigated autonomously by the user. These systems also aid in faster product development and offer enhanced reliability, longevity and interconnectivity with other devices. Additionally, various technological advancements, such as the integration of off-the-shelf CoM and application-specific carrier boards with the Internet of Things (IoT), are also contributing to the market growth. Other factors, including the adoption of CoMs for robotics, artificial intelligence, smart electronics, wireless connectivity and other electronic systems, along with increasing digitization, are projected to drive the market further. Looking forward, IMARC Group expects the global computer on module market to continue its moderate growth during the next five years.