South Korea System on Module Boards Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 10.7% from 2024 to 2030.
The South Korea System on Module (SoM) boards market is witnessing rapid growth driven by diverse industry applications and increasing demand for miniaturized, high-performance embedded solutions. SoM boards are compact and highly integrated modules that offer essential computing capabilities, enabling industries to develop complex systems without designing the entire hardware from scratch. These modules consist of microprocessors, memory, and essential interfaces, making them ideal for applications in sectors like automotive, telecommunications, robotics, and healthcare.
One of the primary drivers of the South Korean SoM boards market is the automotive industry's push for smarter, more efficient vehicles. The rise of electric vehicles (EVs) and autonomous driving technologies demands advanced computing solutions that SoM boards are perfectly suited to provide. The miniaturized nature of these boards enables automotive manufacturers to integrate powerful computing systems into small spaces, while still maintaining high performance and energy efficiency.
In the telecommunications sector, SoM boards are critical in powering network infrastructure, from base stations to routers and IoT devices. As 5G networks continue to expand globally, South Korean companies are leveraging SoM boards to ensure high-speed data transfer and seamless connectivity. These boards' ability to handle complex signal processing and communications protocols is essential for supporting the growing demands of modern telecommunications systems.
Additionally, robotics and automation are two industries in South Korea where SoM boards are gaining traction. With the rise of Industry 4.0, manufacturers are increasingly relying on automation systems powered by SoM boards to improve production efficiency and reduce human error. The compact form factor and versatile applications of these modules make them an ideal choice for industrial robots, drones, and automated machinery.
Furthermore, healthcare applications are also playing a key role in the growth of the South Korea SoM boards market. Medical devices require reliable and powerful computing platforms to process real-time data and ensure accurate diagnostics. SoM boards' small size and robust performance make them a popular choice for wearable health tech, diagnostic machines, and telemedicine systems.
As industries across the board demand greater functionality, smaller form factors, and reduced time-to-market, the need for advanced System on Module boards is expected to continue growing in South Korea. The adaptability of SoM boards in diverse sectors such as automotive, telecommunications, robotics, and healthcare underscores their importance in the modern technological landscape.
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Advantech
Kontron
Artesyn Embedded
MSC Technologies (Avnet)
Congatec
ADLink
DFI
Portwell
Axiomtek
Eurotech
Phytec
Avalue Technology
Digi International
IEI
AAEON
Fastwel
Radisys (Reliance Industries)
Toradex
ASRock
SECO srl
Technexion
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea System on Module Boards Market
ARM-based SoMs
x86-based SoMs
FPGA-based SoMs
RISC-V based SoMs
Industrial Automation
Medical Devices
Consumer Electronics
Automotive
IOT Devices
Miniature Modules
Standard Size Modules
Custom Size Modules
Original Equipment Manufacturers (OEMs)
System Integrators
Research and Development Firms
Engineering Solutions Providers
Online Sales Channels
Direct Sales
Distributors and Resellers
Value-Added Resellers (VARs)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea System on Module Boards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea System on Module Boards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea System on Module Boards Market, By Type
6. South Korea System on Module Boards Market, By Application
7. South Korea System on Module Boards Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea System on Module Boards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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