System on Module ( SoM ) Market Progress in America Influenced by COVID-19 & Expected to Grow at a CAGR of 15 % with Top Vendors : Advantech Co ., Ltd , AAEON Technology
Market Research Future ( MRFR ) highlights that the “ System on Module ( SoM ) Market ” Value in China to Witness Drastic Transformation . Market is poised to create a valuation of USD 3.60 BN by 2025
Market synopsis
Market Research Future ( MRFR ) in its latest report on the system on module discuss the impact of COVID pandemic of the SoM market size in China , the US and the UK across the assessment period . The expansion of the global
System on Module ( SoM ) market across the review period 2018 to 2025 can be at 15 % CAGR . The SoM market was recorded at USD 1.40 Bn in 2018 . By 2025 , the SoM market can value at USD 3.60 Bn , considering the effect of coronavirus . SoM solutions have resolved challenges , such as innovation in design products that can enhance connectivity , intelligence , and performance , while decreasing power consumption , cutting costs , and size management of products .
The rise in the adoption of SoM in the healthcare sector to facilitate real-time health diagnosis with the assistance of embedded systems and artificial intelligence ( AI ) by providing accurate results can promote the expansion of the system on module market . In addition , the surge in