Computer-on-Module are fully-featured single board computers designed for integration into custom applications through miniature high-density connectors. These are complete embedded computers built on a single circuit board, centring around the microprocessor with RAM, and offers industrial defined rows of connectors that enable it to be attached to a carrier board that provides the power and input/output connectors to computer peripheral.
The COM comes with several benefits such as it is easy to upgrade a CPU component to the next generation without redesigning the whole circuit board simply by changing the COM module. COM systems are based on industry standards having long life cycles and helps customers shorten time-to-market for new products. If many models with different I/Os and features can accept the same processing power, customers can use the same COM module in all their product models, which will allow them easier stock management, altering development time and having greater bargaining power. Additionally, organizations prefer COM solution when they need to design carrier boards by themselves due to confidentiality reasons.
Market dynamics affecting the market growth
The COM market is growing considerably and is expected to continue at the same rate throughout the forecast period owing to rising need for fast product development coupled with longevity and reliability; increasing use of drones; and trend of customization of products among corporate. Increase in need for ruggedized robots in defense applications and high investments in autonomous cars are expected to fuel the market growth. Moreover, using COM has a number of benefits which are attracting customers, towards the market with a number of economic factors given below:
Regional Analysis: Globally, MEA dominates the COM market
Globally, the Middle East and African market holds the largest market share of the Computer On Module Market and is expected to dominate the market throughout the forecast period. The reason impacting the growth of the market is the presence of leading COM manufacturers and an increase in sales and operation.