What's Driving the Single Board Computer Market Growth? Advantech, Apple, Arm, Broadcom Inc., Eurotech, NVIDIA, NXP Semiconductors, Qualcomm, Raspberry Pi Foundation, Samsung Electronics, Nuance Communications, Texas Instruments, Toradex
The growing technological advancements in IoT coupled with the rising demand for smart connected devices will drive single board computer market in the years to come. Basically a compressed, low-cost version of a typical computer, an SBC comprises similar components such as microprocessors, memory, input/output (I/O) and other features all embedded on a tiny circuit board.
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The product has become significantly important for developers seeking ways to design products with greater intelligence, performance and connectivity while reducing power consumption, costs and size. Indeed, the product continues to evolve in sophistication, while its range of possibilities expand. For instance, nowadays SBCs come with features like Bluetooth and Wi-Fi compatibility making them ideal in applications associated with IoT (Internet of Things).
The healthcare IT industry, an extremely dynamic, multifaceted business space, upholds the opportunity to influence the patient care, delivery, cost as well as the efficiency of the global healthcare market. Indeed, the healthcare IT sector is characterized by an array of products & services that are designed to enhance & coordinate patient care, acknowledge rising health costs and oppose, through technology, the long-term burden created by disease. This has consequently led to this industry witnessing an increased rate of adoption of advanced semiconductors which is creating significant growth opportunities for the single board computer market.
The prominent features of SBCs like reliability, power & versatility make them ideal for use across medical-monitoring systems, fault-tolerant wearable computers and medical electronic devices, thereby propelling single board computer market growth from the medical applications.
While single board computer market has quite appreciable consolidated itself worldwide, the APAC is said to emerge as a prominent revenue pocket for this industry in the years to come. This may plausibly be the case on account of the expanding electronics industry in the region. With the presence of several consumer electronics and tech firms, the APAC SBC industry is anticipated to depict considerable growth over 2019-2025. Growing government support toward building in-house consumer electronics, such as smartphones, tablets and other gadgets in countries like India and China, will also boost the APAC single board market demand.
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Being highly-scaled versions of traditional PCs and laptops, SBC are expected to continue finding long-term application in IoT-driven verticals and consumer electronics. Powered by rapid technological advancements in semiconductor processors and AI, single board computer market is forecast to chronicle itself in the billion-dollar business sphere by 2025.
Table of Contents (ToC) of the report:
Chapter 4. Single Board Computer Market, By Component
4.1. Key trends by component
4.2.1. Market estimates and forecast, 2015 - 2025
188.8.131.52. Market estimates and forecast, 2015 - 2025
184.108.40.206. Market estimates and forecast, 2015 - 2025
220.127.116.11. Market estimates and forecast, 2015 - 2025
18.104.22.168. Market estimates and forecast, 2015 - 2025
22.214.171.124. Market estimates and forecast, 2015 - 2025
4.3.1. Market estimates and forecast, 2015 - 2025
4.3.2. System Integration
126.96.36.199. Market estimates and forecast, 2015 - 2025
188.8.131.52. Market estimates and forecast, 2015 - 2025
184.108.40.206. Market estimates and forecast, 2015 - 2025
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