ICT
Wholesale Telecom Market
| Label | UK | Germany | France | Italy | Rest of Europe |
|---|---|---|---|---|---|
| 2018 | 101.4 USD Mn | 114.8 USD Mn | 54.7 USD Mn | 44.8 USD Mn | 219.8 USD Mn |
| 2019 | 110.1 USD Mn | 125.9 USD Mn | 59 USD Mn | 47.7 USD Mn | 236.9 USD Mn |
| 2020 | 108.4 USD Mn | 125.3 USD Mn | 57.8 USD Mn | 46.1 USD Mn | 231.6 USD Mn |
| 2021 | 108 USD Mn | 126.2 USD Mn | 57.3 USD Mn | 45.1 USD Mn | 229.1 USD Mn |
| 2022 | 110.7 USD Mn | 130.8 USD Mn | 58.5 USD Mn | 45.4 USD Mn | 233.1 USD Mn |
| 2023 | 116.6 USD Mn | 139.2 USD Mn | 61.3 USD Mn | 46.9 USD Mn | 243.7 USD Mn |
| 2024 | 126.2 USD Mn | 152.3 USD Mn | 66 USD Mn | 49.8 USD Mn | 261.6 USD Mn |
| 2025 | 140.2 USD Mn | 171 USD Mn | 73 USD Mn | 54.4 USD Mn | 288.4 USD Mn |
| 2026 | 161.6 USD Mn | 197.2 USD Mn | 82.8 USD Mn | 60.9 USD Mn | 324.6 USD Mn |
Data Source: Wantstats Repository
The System on Module (SOM) market in Europe is expected to witness significant growth in the coming years, driven by the increasing adoption of Internet of Things (IoT) devices and the demand for advanced embedded solutions. SOMs are compact and highly integrated computing platforms that are designed for a specific application. They provide the flexibility and scalability required for development of a variety of electronic products such as industrial automation, medical devices, automotive applications, and consumer electronics.
One of the major drivers of the SOM market in Europe is the rapidly growing IoT market. With the increasing deployment of connected devices, there is a rising demand for SOMs to provide the necessary computational power for these devices. Moreover, with the emergence of Industry 4.0, there is a growing adoption of SOMs in the industrial sector to enable smart manufacturing, which is expected to further boost the market growth.
In addition, the demand for advanced embedded solutions is also contributing to the growth of the SOM market in Europe. These solutions provide enhanced processing capabilities and are designed to cater to the evolving needs of modern applications. This has led to the development of high-performance SOMs, which are being widely adopted in various industries such as healthcare, automotive, and aerospace.
The SOM market in Europe is also witnessing a shift towards open-source and standardized solutions. This is mainly due to the increasing demand for cost-efficient and customizable SOMs, and the availability of a wide range of open-source software and hardware platforms. The use of open-source SOMs not only reduces the overall development cost but also enables easy integration and interoperability with different devices and systems.
The major countries in Europe such as Germany, the UK, France, and Italy are expected to be the key contributors to the growth of the SOM market. These countries have well-established industries such as automotive, healthcare, and aerospace, which are adopting SOMs for various applications. Moreover, the presence of major market players in these countries and the increasing investments in research and development activities are expected to further drive the market growth.
In conclusion, the SOM market in Europe is poised to experience significant growth in the coming years due to the increasing adoption of IoT devices and the demand for advanced embedded solutions. With the rise of Industry 4.0 and the adoption of open-source platforms, the market is likely to witness a shift towards more efficient and customizable SOM solutions.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
Let's work together
support@wantstats.comStart your data driven journey with us!
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Europe System on Module Market, By Country
Powering the world's best teams.
From next-gen startups to established enterprises.
