COM: Key market research findings
- Demand for product innovation drives market growth
- EMEA dominates the market geographically
- Key vendors – Congatec AG, Kontron AG, and MSC Technologies
Technavio’s market research analysts predict the global COM market to grow at a CAGR of around 18% in terms of revenue between 2016 and 2020. The increased demand for fast product development is the primary driver for growth in the market. Growing demand for product innovations and shorter product life cycles is propelling device manufacturers to cut costs and minimize the time-to-market to strengthen their foothold in the competitive market. During 2015, EMEA accounted for around 49% of the market share to dominate the global computer on module (COM) market. The booming of the market in EMEA can be attributed to the presence of leading COM manufacturers like Kontron and MSC technologies in the region. The majority share of the revenue in the COM market in EMEA comes from Western Europe and Germany.
The new market research report from Technavio presents a breakdown and analysis of the COM segments based on the standard.
“Innovations in transistor technology is the latest trend in the COM market globally. Advancements in transistor technology enable vendors to reduce their manufacturing costs and improve power consumption. This makes it possible for them to achieve economies of scale as well as a competitive advantage. For instance, 22 nm-tri-gate transistor technology was replaced by more advanced 14 nm technology in 2014,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The COM Express segment occupied around 55% of the market space to dominate the global COM market in 2015. COM Express modules are increasingly used in several key applications areas such as automation, networking, military, and transportation. Some of the benefits of COM Express modules include the availability of different pinout options, extreme scalability, and flexibility, wider market acceptance, and better performance and highest bandwidth as opposed to other COM standards. Some of the leading and prominent vendors providing COM Express modules are Kontron, Congatec, Porwell, Avalue, Adlink, and Emac.
The key vendors in the market include Congatec AG, Kontron AG, and MSC Technologies. Owing to the presence of several computer on module manufacturers, this market appears highly fragmented. The market has huge growth potential and vendors are coming up with their own COM standards to capture a significant share of the market. Though the market is dominated by a few major players, the presence of several vendors coupled with the increasing demand is likely to make competition more aggressive during the forecast period.
A more detailed analysis is available in the Technavio report, Global COM Market 2016-2020
We can customize reports by other regions and specific segments upon request.
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