The single board computer market is estimated to reach US $ 1,925.64 million by 2030 from a market value of US $ 871.06 million in 2022 and is expected to grow at a CAGR of 12.0% during the 2022-2030 forecast period. I am.
A single board computer is built on a circuit board with all the necessary functions such as memory, microprocessor, input / output, and so on. They are built on a wide variety of microprocessors and are often designed by computer enthusiasts to take advantage of static RAM and low-cost 8-bit or 16-bit processors. They are applied to portable devices, home computers, usually games (video poker and slot machines), kiosks, and machine control automation to minimize the size and shape of these computers such as notebooks. ..
Much research and development has been done to dramatically change single board computers and make products cost-effective and compact. These various products are also used as educational tools for the younger generation and are also available at very affordable prices. Key players focus on strategies such as product launches, innovations and M & A to stay on top of the competition. These factors are driving the growth of the single board computer market during the forecast period. In addition, the growth of the single board computer market is due to the increasing adoption of IoT technology and related devices. According to Statista, Internet of Things (IOT) spending in 2014 was $ 257 billion in the consumer sector, $ 115 billion in cross-industry businesses, and $ 567 billion in industry-specific businesses. By 2020, it is projected to reach $ 1.494 trillion in the consumer sector, $ 567.6 billion in cross-industry businesses, and $ 863.6 billion in industry-specific businesses worldwide.
However, incompatibilities between most processors and these devices can hinder the growth of the single board computer market during the 2022-2030 forecast period.
Single board computer market segment
The single board computer market is divided by processor (ARM, X86, ATOM, PowerPC), by end user (industrial automation, aerospace and defense, consumer electronics, healthcare, etc.) and by region. These segments are further subsegmented based on a variety of factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.
Regional overview of the single board computer market
In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, Middle East & Africa and more. North America is a major region of the market. This is due to increased investment in smart city development and the huge demand for these systems in IoT-enabled networks. Meanwhile, the Asia Pacific single board computer market is expected to show the highest growth rate / CAGR during the forecast period.
For more detailed analysis, each region is further divided into countries:
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore and other Asia Pacific)
- North America (US and Canada)
- Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa)
- Latin America (Brazil, Mexico, Argentina, and other Latin America)
- Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe)
A major key player in the single board computer market
Leading key players in the single board computer market include Advantech Co Ltd, Eurotech Group, Digi International Inc., Aaeon Technology Inc, Mercury Systems Inc, Intel Corporation, Adlink Technology Inc, Texas Instruments Incorporated, Xilinx, Qualcomm Incorporated, etc. .. The study includes a detailed competitive analysis of these leading companies in the single board computer market, company profiles, recent developments, and key market strategies.
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