Single Board Computer Market worth $3.66 Billion by 2028

Overview and Scope
A single-board computer (SBC) is a complete computing device that is built on a single circuit board with a microprocessor(s), memory, input/output (I/O), and other features required of a functional computer. Single-board computers are designed to function as standalone computers and can run operating systems and applications similar to those on traditional desktop or laptop computers.

Sizing and Forecast
The Single Board Computermarket size has grown strongly in recent years. It will grow from $2.72 billion in 2023 to $2.9 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%.  The  growth in the historic period can be attributed to growing demand for embedded computing solutions, industrial automation, rise of internet of things (iot), expansion of the electronics manufacturing sector, increasing use in defense applications.

The Single Board Computermarket size is expected to see strong growth in the next few years. It will grow to $3.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.  The growth in the forecast period can be attributed to rise in edge computing applications, growing demand for artificial intelligence (ai) at the edge, expansion of 5g networks, surge in demand for autonomous systems, growth in robotics applications. Major trends in the forecast period include technological advancements/innovations, development of more compact form factors, increased integration of artificial intelligence (ai) capabilities, focus on energy efficiency, rising use of single board computers in edge computing.

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Segmentation & Regional Insights
The Single Board Computermarket covered in this report is segmented –

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

North America was the largest region in the single-board computer market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the Single Board Computer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
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.

Key Industry Players
Major companies operating in the Single Board Computer market report are Siemens AG, General Electric Company, Intel Corporation, Qualcomm Incorporated, Fujitsu Ltd., Hewlett Packard Enterprise Company, Nvidia Corporation, Texas Instruments Incorporated, Advantech Co Ltd., Kontron AG, Mercury Systems Inc., Digi International Inc., Adlink Technology Inc., Aaeon Technology Inc., SECO S.p.A., Radisys Corporation, American Portwell Technology Inc., VersaLogic Corporation, Eurotech Group plc, WinSystems Inc., NETBurner Inc., Connect Tech Inc., Olimex Ltd., Xilinx Inc., Arbor Solutions Inc.

The Single Board Computermarket report table of contents includes:

1. Executive Summary
2. Single Board Computer Market Characteristics
3. Single Board Computer Market Trends And Strategies
4. Single Board Computer Market – Macro Economic Scenario
5. Global Single Board Computer Market Size and Growth
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31. Global Single Board Computer Market Competitive Benchmarking
32. Global Single Board Computer Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Fat Replacers Market
34. Single Board Computer Market Future Outlook and Potential Analysis
35. Appendix

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