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Single Board Computer Market Size and Growth Analysis by 2024 - Advantech, Apple, Arm, Broadcom Inc., Eurotech, NVIDIA, NXP Semiconductors, Qualcomm, Raspberry Pi Foundation, Samsung Electronics, Nuance Communications, Texas Instruments and Xilinx
Single Board Computer Market
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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.
Single Board Computer Market By Technology
• VME
• cPCI
• VPX
• xTCA
• Others
Single Board Computer Market By Service
• System integration
• Customization
• After-sale
Industry participants include ADI Engineering, Inc., Advantech, Apple, Arm, Connect Tech Inc., Broadcom Inc., Connect Tech Inc., Eurotech, NVIDIA, NXP Semiconductors, Qualcomm, Raspberry Pi Foundation, Samsung Electronics, SECO GROUP, Shenzhen SINOVOIP Co. Ltd., SolidRun, Nuance Communications, Texas Instruments, Toradex and Xilinx. Companies are focusing on efficient design and expansion of seamless connectivity to gain industry share.
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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.
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.
Customization services are anticipated to grow significantly over the coming years due to the increasing demand for tailor-made devices in the industrial automation and aerospace & defense sectors. Customized solutions offer specific hardware and software requirements for several applications. Furthermore, they provide enhanced degree of flexibility to the SBC and reduce cost and manufacturing time.
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.
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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.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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