PUBLISHER: TechSci Research | PRODUCT CODE: 1881542
PUBLISHER: TechSci Research | PRODUCT CODE: 1881542
We offer 8 hour analyst time for an additional research. Please contact us for the details.
The Global System on Module (SoM) Market will grow from USD 3.16 Billion in 2024 to USD 7.45 Billion by 2030 at a 15.36% CAGR. A System on Module (SoM) is a compact, embedded board that integrates essential system functionalities, including a microprocessor, memory, and various interfaces, onto a single production-ready circuit board designed for seamless integration into a larger end system. The market for these modules is significantly driven by the accelerating demand for faster product development cycles, the inherent cost optimization benefits of modular design, and the escalating complexity of embedded applications requiring pre-validated, robust computing solutions across industrial automation, IoT, and edge computing sectors.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 3.16 Billion |
| Market Size 2030 | USD 7.45 Billion |
| CAGR 2025-2030 | 15.36% |
| Fastest Growing Segment | Medical |
| Largest Market | North America |
Key Market Drivers
The Global System on Module (SoM) market is significantly driven by the expanding adoption of Internet of Things (IoT) and Industrial IoT (IIoT) solutions. These interconnected ecosystems necessitate compact, reliable, and power-efficient computing units capable of rapid deployment across diverse environments, from smart infrastructure to factory floors. SoMs address these needs by integrating essential functionalities onto a single production-ready board, thereby accelerating product development and reducing design complexities for IoT device manufacturers. The sheer scale of this transformation is evident as, according to GSMA, in February 2025, the number of IoT devices worldwide is projected to exceed 25 billion, underscoring the immense demand for pre-validated, embedded processing capabilities.
Key Market Challenges
The persistent volatility and potential for disruption within the global supply chain for critical electronic components significantly hampers the growth of the Global System on Module (SoM) Market. Such disruptions lead directly to extended lead times and unpredictable availability of essential microprocessors, memory, and interface components necessary for SoM production. This instability creates considerable challenges for SoM manufacturers, causing delays in manufacturing schedules and hindering their ability to consistently meet customer demand.
Key Market Trends
Enhanced 5G Communication Module Integration is a significant trend transforming the Global System on Module (SoM) Market by delivering capabilities essential for advanced connected applications. The integration of 5G modules into SoMs enables unprecedented data transfer speeds, reduced latency, and enhanced reliability, which are crucial for real-time processing and mission-critical systems in areas like industrial automation and autonomous vehicles. This technological advancement supports the proliferation of devices requiring high-bandwidth, consistent connectivity.
In this report, the Global System on Module (SoM) Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global System on Module (SoM) Market.
Global System on Module (SoM) Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: