The Business Research Company’s Single Board Computer Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Single Board Computer Global Market Report 2023 evaluates single board computer market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global single-board computer market is expected to grow from 2.54 billion in 2022 to 2.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The single-board computer market is expected to reach 3.43 billion in 2027 at a CAGR of 6%.
The increasing industrial automation is expected to propel the growth of the single-board computer market going forward. Industrial automation refers to the automation and optimization of manufacturing processes, production activities, and industrial processes using technology, equipment, and control systems. Single-board computers (SBCs) play a crucial role in industrial automation due to their compact size, low power consumption, and the ability to provide computing capabilities in various applications like programmable logic controllers (PLCs), data acquisition, and processing. For instance, in October 2021, according to the International Federation of Robotics, a Germany-based non-profit organization, there were 23,000 industrial robots operating in UK factories in 2021, an increase of 6% from the previous year. Therefore, increasing industrial automation is driving the growth of the single-board computer market.
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The single board computer market segments in the report are:
1) By Component: Solution, Service
2) By Processor: ARM (Advanced RISC Machine), X86 (80×86), Atom, PowerPC (Performance Optimization With Enhanced RISC – Performance Computing)
3) By End User: Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, Other End Users
The table of contents in TBRC’s single board computer market report includes:
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