The South Korea System-on-Module Market Size was estimated at 121.8 (USD Million) in 2023. The South Korea System-on-Module Market Industry is expected to grow from 134.4 (USD Million) in 2024 to 366.8 (USD Million) by 2035. The South Korea System-on-Module Market CAGR (growth rate) is expected to be around 9.557% during the forecast period (2025 - 2035).
The South Korea System-on-Module (SoM) market is experiencing notable trends driven by advances in technology and growing demands across various sectors. One primary market driver is the increasing adoption of IoT applications within the South Korean manufacturing and electronics industries. The country's focus on smart factories aligns with its ambition to lead in Industry 4.0, promoting the integration of SoM designs that enhance product features and improve efficiency. Additionally, the rise in the use of artificial intelligence (AI) and machine learning (ML) has spurred interest in SoMs as companies seek compact and efficient solutions for processing data.The South Korea System-on-Module (SoM) market offers opportunities in new emerging automotive electronics, healthcare devices, and consumer appliances. The new SoM products that provide scalability and flexibility will likely receive increased demand as the “Digital New Deal” initiative focuses on the transformation of digital infrastructure. This initiative complements the technology advancement drive in the country and provides incentives for both new and existing companies to work on SoM technology innovations. There has also been an observable tendency towards miniaturization and increased functionality of SoMs in South Korea. Industry stakeholders are now concentrating on the development of higher power and compact modules suitable for widespread use in different applications.
This shift is supported by advancements in semiconductor technology and high-density packaging techniques, making SoMs an attractive choice for developers looking to create innovative products. The collaborative efforts among South Korean companies in research and development are further enhancing the capabilities of SoM solutions, positioning them favorably in both local and global markets.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The South Korea System-on-Module Market Industry is experiencing robust growth driven by the increasing demand for advanced electronics across various sectors, such as consumer electronics, telecommunications, and automotive applications. South Korea is a global leader in technology, home to major corporations such as Samsung Electronics and LG Electronics, which collectively accounted for over 20% of global electronics sales in recent years. This significant market penetration indicates a continuous push for integration and innovation in electronic products.Additionally, the South Korean government's commitment to advancing technology, exemplified by initiatives like the 'Korea Electronics Industry Development Plan,' aims to elevate the local industry's global competitiveness. The plan supports Research and Development investments, which are projected to exceed 30 trillion South Korean Won in the next five years. This increase in investments will further fuel the demand for System-on-Module solutions in creating efficient and multifunctional electronic devices, highlighting a strong growth trajectory for the South Korea System-on-Module Market.
The rise of Internet of Things (IoT) applications in South Korea is significantly influencing the South Korea System-on-Module Market Industry. The South Korean government outlined a vision to have 10 million IoT devices connected by 2025, with projections suggesting that the number could double by 2030. Major companies like SK Telecom and KT Corporation are championing initiatives that leverage IoT technologies, driving further integration into manufacturing and everyday consumer products.This exponential growth in IoT applications necessitates robust System-on-Module solutions to ensure interoperability and functionality. A focus on smart cities and smart home technologies also boosts the demand for compact and efficient computing solutions, positioning the System-on-Module market as a critical enabler of this transformation.
The South Korea System-on-Module Market Industry is also being propelled by the rapid adoption of automation and smart manufacturing practices. With a high emphasis on Industry 4.0, South Korea aims to enhance productivity through the integration of smart factories. According to the Ministry of Trade, Industry, and Energy, funding for smart factory initiatives reached approximately 1.8 trillion South Korean Won in 2022 alone, reflecting a strong governmental push toward modernization.This transition focuses on the importance of efficient data processing and real-time analytics, driving the need for advanced System-on-Module components to facilitate automation processes. This sector's growth is further evidenced by major players like Hyundai Motor Company investing heavily in smart manufacturing technologies, thereby creating a sustainable demand for System-on-Module solutions across various industries.
The South Korea System-on-Module Market is witnessing robust growth driven by various factors, one of which is the Type segmentation encompassing ARM Architecture, X86 Architecture, and Power Architecture. Each of these architectures presents unique features and benefits, contributing significantly to the market landscape. ARM Architecture is known for its energy efficiency and is widely favored in embedded systems, making it essential for mobile devices and Internet of Things applications. The X86 Architecture, on the other hand, is significant in applications requiring high performance, especially in computing and server environments, thus playing a vital role in processing-intensive tasks. Meanwhile, Power Architecture excels in specific industries like automotive and aerospace due to its ability to handle high-performance computing even under demanding conditions. The rising demand for advanced processing capabilities in sectors such as telecommunication, consumer electronics, and industrial automation enhances the importance of these architectures within the South Korea System-on-Module Market. Additionally, the increasing emphasis on Research and Development has led to advancements in these architectures, fostering innovations that are essential for the growing market. The South Korean government's initiatives to support technology and innovation contribute positively to this growth. Furthermore, the push for smart devices and increased connectivity in South Korea is creating an environment ripe for the expansion of the System-on-Module market, particularly through the adoption of ARM and X86 architectures. The convergence of trends such as artificial intelligence, machine learning, and edge computing significantly influences these types' contributions to market dynamics. Challenges such as the need for specialized skills and potential supply chain disruptions may pose risks, yet they also create opportunities for growth and adaptation in the robust South Korea System-on-Module Market. As technology evolves, the necessity for highly efficient and powerful computing solutions shapes the ongoing relevance and application of ARM, X86, and Power architectures, paving the way for compelling market growth and innovation.Overall, the South Korea System-on-Module Market segmentation focused on Type illustrates a complex interplay of market dynamics and technological advancements that are positioning the region as a leader in the global landscape. Each architecture plays a critical role in meeting the demands of various industries, underscoring their significance in fulfilling the growing need for versatile and efficient computing solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The South Korea System-on-Module Market has shown a robust trajectory, particularly within the Standard segment. This segment encompasses various architectures such as COM EXPRESS, SMARC, QSEVEN, ETX/XTX, and COM-HPC, each fulfilling specific application requirements across diverse sectors. COM EXPRESS is notable for its modular design, enhancing flexibility and customization, making it beneficial in industrial and embedded systems. SMARC, designed for mobility applications, showcases a growing influence due to the increasing demand for portable devices in South Korea’s tech-savvy population.The QSEVEN architecture emphasizes compactness and power efficiency, which appeals to consumer electronics and smart device manufacturers looking for space-saving solutions. ETX/XTX modules are critical in legacy systems, allowing for seamless upgrades without extensive redesign, and COM-HPC is gathering significance due to its advanced computing capabilities tailored for next-gen applications. The 'Others' category captures emerging architectures and uniquely designed modules catering to niche market demands. As these architectures continue to evolve, they not only drive technological advancements but also align with the broader South Korea digital innovation strategies, fostering increased efficiency and competitiveness in the global arena.
The Application segment of the South Korea System-on-Module Market plays a crucial role in the overall dynamics of the industry. This segment encompasses various applications, including Industrial automation, Medical, Entertainment, Transportation, Test and Measurement, and Others, each contributing to the market's expansion. Industrial automation is experiencing growth due to the push for efficiency and productivity in manufacturing processes, thereby increasing the demand for advanced embedded systems. The Medical field is also significant, with the increasing adoption of innovative technologies to enhance patient care and support diagnostics, which positions it as a vital area for investment and development.In Entertainment, the rise of smart devices and interactive media presents substantial opportunities for System-on-Module integration, catering to a tech-savvy consumer base. Additionally, Transportation is becoming significant with the proliferation of automated and connected vehicles, necessitating robust system solutions. Test and Measurement applications remain essential for ensuring quality and compliance in various industries, highlighting their necessity in the market. The Others category captures diverse applications, reflecting the versatility of System-on-Module solutions across different sectors.Overall, the Application segment is integral to the growth of the South Korea System-on-Module Market, driven by technology trends and increasing demands for smart systems.
The South Korea System-on-Module (SoM) Market is characterized by rapid advancements in technology and increasing demand for compact, efficient solutions across various industries, including consumer electronics, automotive, and industrial automation. The competitive landscape is shaped by numerous players who are striving to gain a foothold in this evolving market. Companies in this sector are focused on innovation, providing high-performance modules that integrate processing, memory, and connectivity functionalities. This competitive insight reveals a market where strategic partnerships, research and development investments, and responsiveness to customer requirements are paramount for gaining a competitive edge.Phison Electronics has established a commendable presence in the South Korea System-on-Module Market, leveraging its technological expertise to deliver reliable storage and computing solutions. The company's strengths lie in its robust R&D capabilities, which enable it to develop cutting-edge memory and storage technologies that are integral to SoMs. Phison's focus on high-performance products and its commitment to quality has solidified its reputation in the market. Additionally, the company's strategic collaborations with local distributors and manufacturers enhance its distribution network, allowing it to effectively meet domestic demand while continually adapting to market changes. This adaptability and innovative capability position Phison Electronics as a formidable contender in the South Korean landscape.Kontron is another significant player in the South Korea System-on-Module Market, recognized for its extensive range of embedded computing solutions targeted toward the industrial and medical sectors. The company provides a diverse portfolio of products that include SoMs designed for performance-intensive applications, showcasing strengths in durability and energy efficiency. Kontron's ability to customize solutions according to client specifications fosters strong customer relationships and enhances its market presence. Moreover, the firm's strategic moves, including mergers and acquisitions, exemplify its commitment to expanded capabilities and market reach. By integrating complementary technologies and broadening its offerings, Kontron aims to remain at the forefront of the South Korean market, continually delivering advanced solutions that meet the evolving demands of users.
In recent developments within the South Korea System-on-Module Market, companies such as Samsung Electronics and LG Electronics have demonstrated significant advancements in technology and product offerings, contributing to increased market competitiveness. Additionally, the partnerships between Phison Electronics and Axiomtek have led to enhanced product integration, thus expanding their reach in various sectors following their collaboration announcement in March 2023. Moreover, SK hynix has invested heavily in Research and Development, focusing on memory solutions to support System-on-Module applications, potentially influencing future growth trajectories. Notably, NVIDIA has expanded its presence within South Korea by engaging in local collaborations as of April 2023, fostering a stronger ecosystem for developers and innovators. The acquisition trends show increasing activity as well; for instance, the acquisition by Advantech, a local IoT company, in May 2023 highlights the market's focus on smart technology integration. Overall, these developments signify an ongoing evolution in the South Korean System-on-Module space due to the influence of prominent players such as ASUS, Hanwha Techwin, and Digi International, all thriving amid a continuously evolving technological landscape aimed at various industrial applications.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 121.8 (USD Million) |
| MARKET SIZE 2024 | 134.4 (USD Million) |
| MARKET SIZE 2035 | 366.8 (USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 9.557% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Phison Electronics, Kontron, NVIDIA, Acer, Baicells Technologies, SK hynix, LG Electronics, ASUS, Raspberry Pi, Axiomtek, Samsung Electronics, Digi International, Hanwha Techwin, Advantech, IEI Integration Corp |
| SEGMENTS COVERED | Type, Standard, Application |
| KEY MARKET OPPORTUNITIES | Increased demand for IoT devices, Growth in automotive electronics, Expansion of AI applications, Rising interest in smart manufacturing, Innovative healthcare solutions integration |
| KEY MARKET DYNAMICS | Technological advancements, Growing IoT adoption, Demand for compact solutions, Rising automation in industries, Increasing R&D investments |
| COUNTRIES COVERED | South Korea |
Frequently Asked Questions (FAQ) :
The South Korea System-on-Module Market is expected to be valued at 134.4 million USD in 2024.
By 2035, the market is anticipated to reach a valuation of 366.8 million USD.
The market is expected to grow at a CAGR of 9.557% from 2025 to 2035.
The ARM Architecture is projected to be valued at 140.0 million USD by 2035.
The X86 Architecture is estimated to be valued at 40.0 million USD in 2024.
Key players include Phison Electronics, Kontron, NVIDIA, Acer, and Samsung Electronics among others.
The Power Architecture is projected to reach a market size of 106.8 million USD by 2035.
The market is driven by applications in consumer electronics, industrial automation, and telecommunications.
The market faces challenges such as rapid technological advancements and intense competition among key players.
Current global scenarios can lead to supply chain disruptions impacting market growth and dynamics.
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