Press release
System on Module (SoM) Market to Grow at a CAGR of 8.4% to reach US$ 2,911.2 Million from 2021 to 2028
System on Module (SoM) Market
System on Module market is anticipated to grow at a significant CAGR during the forecast period. The projected growth is attributed to the rise in government initiatives to support the ongoing industrialization and increasing demand for efficient electronic components such as processors, boards, and system in modules from the consumer electronics industry. Governments in this region are also striving to propel the growth of the electronics & semiconductors sector.
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The report presents the market competitive landscape and consistent in-depth analysis of the major vendor/key players in the market along with the impact of economic slowdown due to COVID.
Competitive Landscape: System on Module (SoM) Market: Aaeon; Advantech Co. Ltd; Avnet Inc.; Value Technology Inc.; Connect Tech Inc.; Congatec GmbH; Emac, Inc.; Somlabs; and Microchip Technology, Inc. are a few major companies operating in the system on module (SoM) market.
A new statistical surveying study titled System on Module (SoM) Market investigates a few critical features identified with System on Module (SoM) Market covering industry condition, division examination, and focused scene. Down to earth ideas of the market are referenced in a straightforward and unassuming way in this report. A far-reaching and exhaustive essential investigation report features various actualities, for example, improvement factors, business upgrade systems, measurable development, monetary benefit or misfortune to support peruses and customers to comprehend the market on a global scale.
The global system on module (SoM) market has been segmented as follows:
By Processor Type
• ARM
• X86
• POWER
• FPGA
• GPU
• DSP
By Application
• Industrial Automation
• Entertainment
• Medical
• Transportation
• Test and Measurement
• Others
By Standard
• Qseven
• SMARC
• COMExpress
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