(Wireless-NewsWire.Com, August 09, 2024 ) As per Maximize Market research, Global Computer on Module Market size is estimated to grow at a CAGR of 6.49 percent the market is expected to reach a value of USD 2.47 Bn. in 2030.
Computer on Module (COM) is an embedded technology, which offers all computing components combined in a single hardware module or a chipset. The reports also help understand the Computer on Module Market dynamic and structure by analyzing the market segments and projecting the Computer on Module Market size.
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Growing Industrial Automation to Promote Market Expansion The increasing trend of industrial automation in recent years is one of the most significant causes contributing to the rise in demand for COM. In recent years, the robotics industry has reached some significant milestones, resulting in expanded robotics use in a variety of industries. As a result, vendors will need to devote significant resources to developing and testing new COM modules that can improve IoT security.
Asia-Pacific accounted for the largest market share in 2023, with a market value of US$ xx Bn; the regional market is expected to register a CAGR of 7.12% during 2024-2030. The already established commercial facilities of global players, constant inception of start-ups in China, and the reliance of these customers of automation techniques are likely to impart the highest share and growth rate for China in the region.
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Global Computer on Module Market Segmentation
by Processor
ARM (Advanced RISC Machines)
Architecture
x86 Architecture
Power Architecture
Others
by Form Factor
COM Express
SMARC (Smart Mobile Architecture)
Qseven
ETX (Embedded Technology Extended)
Others
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by Application
Industrial Automation
Medical
Transportation
Gaming
Communication
Others
Global Computer on Module Market Key Players:
Kontron
Congatec
MSC Technologies (Avnet)
Advantech
ADLink
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