Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.17 Billion | USD 4.98 Billion | 4.6% | 2023 |
According to Zion Market Research, the global Single Board Computer Market was worth USD 3.17 Billion in 2023. The market is forecast to reach USD 4.98 Billion by 2032, growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period 2024-2032.
The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Single Board Computer industry over the next decade.
Building all the components such as memory, storage, and the microprocessor within a single circuit board is known as single board computer. The functionality of the single board computer is similar to that of the normal computer. Research and development activities are constantly underway in order to make the single board computers more compact and cost-effective. Owing to its low cost the single board computer are being widely used as educational tools; they also find application in automotive, military and defense, digital healthcare, digital logistics, aerospace, retail and hospitality, intelligent systems, digital signage, transportation, and other embedded control subsystems.
The single board computer is globally segmented into its technology, service, processor, application, end use, and regions. On the basis of technology, the market is segregated into cPCI, xTCA, VME, and VPX. Based on the service, the market is categorized into customization, system integration, and aftersales. Depending on the processor, the market is divided into ARM, Atom, x86, and PowerPC. On the basis of application, the market is bifurcated into industrial automation, transportation, aerospace & defense, entertainment, and medical. Based on the end use, the market is fragmented into communication, research, test & measurement, and data processing. Region-wise, the global market is diversified into North America, Europe, Asia-Pacific, and Rest of the World.
The single board computers have gained an important position for themselves in the healthcare industry. The main medical equipment that helps in providing trustworthy and capable healthcare services and solutions has integrated single board computers. In addition, customized medical monitoring systems, medical electronic devices, and fault tolerant wearable computers are making best possible usage of single board computers. The flourishing electronics sector also depends upon the single board computers. Gaming consoles, mobile phones, and tablets comprise single board computers, thus significantly increasing the demand for them. However, the single board computers are not compatible with the various processors that are available in the market. Also, single board computers have low processing power as compared to the requirement of technologically advanced desktops and laptops.
Report Attributes | Report Details |
---|---|
Report Name | Single Board Computer Market |
Market Size in 2023 | USD 3.17 Billion |
Market Forecast in 2032 | USD 4.98 Billion |
Growth Rate | CAGR of 4.6% |
Number of Pages | 110 |
Key Companies Covered | dvantech, Wandboard, Adlink Technology, UDOO, American Portwell, Arbor Solutions, Radisys, Kontron, NETBurner, Eurotech Group, Mercury Systems, Olimex, VersaLogic Corp., Digi International, and Advantech |
Segments Covered | By Technology, By Service, By Processor, By Application, By End Use And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The single board computers are widely adopted in the US market thus driving the market demand. The market in this country anticipates growing over the years due to the high adoption of systems that are standardized and its development in the end-use industries such as medical, energy, and transportation and escalating gross domestic product. The presence of large-scale local vendors in the Asia-Pacific region is anticipated to increase in the coming years. The other factors that will improve this regional market are the growing demand for SBCs across numerous applications along with the increasing investments that are made in the automation sector, steady economic growth, and the rising disposable incomes.
Some of the key market players that are involved in the single board computer market include-
Global Single Board Computer Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
global Single Board Computer Market was worth USD 3.17 Billion in 2023. The market is forecast to reach USD 4.98 Billion by 2032
growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period 2024-2032.
The largest share of the Single Board Computer Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
dvantech, Wandboard, Adlink Technology, UDOO, American Portwell, Arbor Solutions, Radisys, Kontron, NETBurner, Eurotech Group, Mercury Systems, Olimex, VersaLogic Corp., Digi International, and Advantech
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