The system on module market has seen considerable growth due to a variety of factors.
• The market size of the system on module has seen robust growth in the past few years. Its size is projected to escalate from $2.39 billion in 2024 to $2.6 billion in 2025, witnessing a compound annual growth rate (CAGR) of 8.8%.
Factors contributing to the historical growth include the integration of advanced sensor technologies, progression in modular and flexible testing solutions, the importance given to real-time testing and simulation, the rise of cloud-based testing solutions, and the emphasis placed on data analytics and predictive maintenance.
The system on module market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of the system on module is predicted to experience robust expansion in the coming years, reaching $3.8 billion by 2029 at a compound annual growth rate (CAGR) of 10.0%.
This growth has been forecasted due to factors such as the synthesis of 5G and connectivity, the emergence of edge computing, a higher demand for AI and machine learning integration, the broadening of the IoT (internet of things) ecosystem, and a heightened emphasis on cybersecurity in embedded systems. Key trends predicted for this period encompass customization and configurability, the inclusion of AI accelerators, prioritizing power efficiency, transitioning towards RISC-V architecture, and bolstered security provisions.
The growth of the system on module market is anticipated due to the rise in the implementation of industrial robots. Mechanically engineered and programmed to execute industrial duties, these robots have embedded systems constructed using system on module assemblies. For instance, the International Federation of Robotics (IFR), a non-profit organization situated in Germany, reports that global installations of industrial robots reached 553,052 in 2022, showing a year-on-year growth rate of 5%. In 2023, the market is poised for further growth of 7%, surpassing 590,000 units across the globe. Consequently, the escalating use of industrial robots fuels the expansion of the system on module market.
The system on module market covered in this report is segmented –
1) By Type: ARM Architecture, x86 Architecture, Power Architecture, Other Types
2) By Component: Hardware, Software
3) By Standard: COM Express, SMARC (Smart Mobile Architecture), Qseven, ETX (Embedded Technology Extended), Other Standards
4) By Application: Industrial Automation, Medical, Entertainment, Transportation, Test And measurement, Communication, Other Applications
Subsegments:
1) By ARM Architecture: Cortex-A Series, Cortex-M Series, Cortex-R Series
2) By x86 Architecture: Intel x86 Processors, AMD x86 Processors
3) By Power Architecture: PowerPC, Power Architecture-based SoMs
4) By Other Types: RISC-V Architecture, MIPS Architecture, Custom ASICs
One of the main market trends in the system on module sector is the progression of technology. Leading businesses in this market are unveiling cutting-edge technologies like the iW-Rainbow-G46M solderable system on the module to maintain their market standing. For example, iWave Systems, a software firm based in India, launched a new solderable system on the module, termed the iW-Rainbow-G46M, in April 2022. This newly introduced system on the module utilizes the NXP i.MX 8XLite application processor technology and is suitable for usage in small connection devices.
Major companies operating in the system on module market include:
• Axiomtek Co Ltd.
• Avnet Inc.
• Advantech Co Ltd.
• Kontron S&T AG
• Mercury Systems Inc.
• DFI Inc.
• AAEON Technology Inc.
• Avalue Technology Inc.
• iBase Technology Inc.
• SECO S.p.A.
• Eurotech S.p.A.
• Congatec AG
• Phytec Messtechnik GmbH
• iWave Systems Technologies Pvt Ltd.
• Toradex AG
• TechNexion Ltd.
• Intrinsyc Technologies Corporation
• VersaLogic Corporation
• iENSO Inc.
• MYIR Tech Limited
• Enclustra AG
• Critical Link LLC
• Variscite Ltd.
• SolidRun Ltd.
• Shiratech Solutions Ltd.
• Emtrion GmbH
• TorizonCore by Toradex
• Forlinx Embedded Technology Co Ltd.
Asia-Pacific was the largest region in the system on module market in 2024. The regions covered in the system on module market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.