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Single Board Computer Market to Witness Huge Growth by 2024 | Leading Key Players VersaLogic Corp., Wandboard, Digi International, Advantech, Kontron, Eurotech Group, Adlink Technology, Radisys, Advantech, Olimex, Mercury Systems & More

08-28-2018 12:15 PM CET | IT, New Media & Software

Press release from: marketstudyreport.com

Single Board Computer

Single Board Computer

Owing to high-end features that are capable to fulfil the requirements of the fast-growing IoT industry, the products being offered by single board computer market have established a prominent spot in the electronics and media space over the past few years. Rapid improvements in the design and functioning of single board computers (SBCs) have enabled manufacturers to incorporate advanced properties such as M.2 interfaces, fast SSD storage via SATA, support for 4K displays, and six-core processors into these devices. Of late, numerous SBC manufacturers have developed specialist chips that can accelerate the pace of machine learning which is quite overwhelming to say the least.

MarketStudyReport.com Adds New Single Board Computer Market 2016 – 2024 research report providing information and data By Technology, By Service, By Processor, By Application, By End-Use, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 117 Pages with table and figures in it.

Single Board Computer (SBC) Market size is set to exceed USD 1.2 billion by 2024.Increasing penetration in the healthcare sector is anticipated to drive the single board computer market growth over the forecast timeline. SBCs are integrated in the medical equipment on a large scale owing to high reliability and capability of providing efficient healthcare solutions and services. Moreover, increasing utilization of the devices in other medical applications such as customized medical monitoring systems, medical electronic devices, and fault tolerant wearable computers will contribute to the single board computer market size in the next eight years.

The increasing adoption of artificial intelligence coupled with the technology advancements such as enhanced reliability offered with the integration of SBCs due to increase in demand for solving complex problems provide lucrative growth opportunities to the single board computer market size.

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High demand across consumer electronics may provide huge growth opportunities to the single board computer market growth. This can be attributed to the rising usage in a variety of electronic devices such as mobile phones, tablets, and gaming consoles. Rising penetration of consumer electronics equipped with SBCs is increasing among several end-use industries due to reduction in the prices.

VME technology segment contributed significantly to the single board computer market share, primarily due to its ability to be used in rugged industrial applications such as controlling motors and actuators. In addition, it provides real-time computing options and can support multi-master CPU arrangements to boost performance and processing bandwidth.

x86 based single board computer market is driven by features such as faster processing and better power saving capabilities, making it suitable for harsh industrial environments. These processors are flexible and can be integrated with several new technologies effortlessly. For instance, Udoo x86 SBC is assimilated with the Curie module by intel, which includes a Bluetooth Low Energy radio.

Aerospace & defense applications segment are to observe high growth prospects with an estimated CAGR of over 13% in the next eight years owing to the rising demand for high density communication and enhanced performance in SWaP constrained environments. Furthermore, SBCs aids in transmission and reception of channels for air-data information for autopilots, displays and other flight associated controls on commercial and military aircraft.

U.S. single board computer market share was over 40% due to the presence of major players operating in the industry such as Advantech, Allied Electronics. Moreover, high demand across aerospace and defense may propel the regional growth. Advancements in the technology to offer low cost and efficient products have instigated the adoption across education sector for research related projects and among electronics engineers & professionals involved in the electronics design and development.

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Industry participants include VersaLogic Corp., Wandboard, Digi International, Advantech, Kontron, Eurotech Group, Adlink Technology, Radisys, Advantech, Olimex, Mercury Systems, UDOO, American Portwell, Arbor Solutions, Logic and NETBurner. Companies are focusing on efficient design and expansion of seamless connectivity to gain industry share.

Single Board Computer Market By Technology:
VME, cPCI, VPX, xTCA, Others

Single Board Computer Market By Service:
System integration, Customization, After-sale

Single Board Computer Market By Processor:
ARM, x86, Atom, PowerPC, Others

Single Board Computer Market By Application:
Industrial automation, Aerospace & defense, Transportation, Medical, Entertainment, Others

Single Board Computer Market By End-Use:
Test & measurement, Communication, Data processing, Research, Others

Table Of content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 SBC Industry Insights
Chapter 4 SBC Market, by Technology
Chapter 5 SBC Market, by Service
Chapter 6 SBC Market, by Processor
Chapter 7 SBC Market, by end-use
Chapter 8 SBC Market, by End-Use
Chapter 9 SBC Market, by Region
Chapter 10 Company Profiles

More Details on this Report: https://bit.ly/2Fep57I

Outer Scope of this Report: One of the major factors to have contributed immensely toward expanding the revenue share of single board computer market has been the launch of innovative and high-quality SBCs in the last few years. To cite an instance of the same, AAEON has recently introduced a cost-effective and compact SBC named as PICO-APL4 which is being termed as ideally suited for IoT gateway systems and factory automation. The company has not only made the new board more resistant to vibrations and shocks experienced regularly in industrial environment, but has further reduced the time of application development. Apparently, these improvements ensure that the consumers can directly use the board without the need to test the compatibility of external storage and memory of the device. The launch of such highly-reliable and efficiently designed products would propel the single board computer industry in the years ahead.

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