Press release
Single Board Computer Market 2024-2033: Trends, Growth & Analysis Forecast
The single board computer market 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.
Market Overview -
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.
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The Role Of Single-Board Computers In Driving Growth Amidst Increasing Industrial Automation
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.
Competitive Landscape -
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.
Market Leader Redefine Possibilities In The Evolving Single-Board Computer Landscape
Product innovation is a key trend gaining popularity in the single-board computer market. Major companies operating in the single-board computer market are developing innovative products with advanced features to strengthen their position in the market. For instance, in June 2023, DFRobot, a China-based open-source hardware provider, introduced UNIHIKER, which combines the power of a traditional Linux-based SBC with a microcontroller. It is a new category of single-board computer equipped with a display and a RISC-V MCU. UNIHIKER is a user-friendly and versatile single-board computer that offers a brand-new experience for developers and makers alike. It combines the power of a traditional Linux-based single-board computer with the convenience of a microcontroller and Internet of Things (IoT) capabilities, making it an ideal platform for learning and coding.
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Key Segments -
The single board computer market covered in this report is segmented -
1) By Component: Solution, Service
2) By Processor: ARM (Advanced RISC Machine), X86 (80x86), Atom, PowerPC (Performance Optimization With Enhanced RISC - Performance Computing)
3) By End User: Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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