Single Board Computer Market Growth Opportunity | Advantech Co. Ltd., Eurotech Group, and Digi International Inc., among others

The global Single Board Computer market size was valued at $2.80 Billion in 2020 and is expected to reach $4.06 Billion by 2028 growing at the CAGR of 4.56% from 2021 to 2028.

Important factors for the growth of the global single board computer market include diversity over conventional computers and high demand in aerospace and defense industries and rugged embedded computers because many different components need to be integrated onto a single board. Furthermore, widespread adoption in consumer electronics and healthcare equipment is projected to drive the market during the forecast period.

However, the complex integration process of multiple components onto a single board is expected to hinder the growth of this global market

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Key Players

Some of the major Single Board Computer players holding high market share include Advantech Co. Ltd., Eurotech Group, and Digi International Inc. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Advantech Co. Ltd.
● Eurotech Group
● Digi International Inc.
● Aaeon Technology Inc.
● Mercury Systems Inc.
● Intel Corporation
● Adlink Technology Inc.
● Texas Instruments Inc.
● Xilinx Inc.
● Qualcomm Incorporated

The recently published research report on Global Single Board Computer Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Single Board Computer market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Single Board Computer market report also includes the following data points:
● COVID19 Impact on Single Board Computer market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Single Board Computer market

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Segmental Analysis

Market Segment By Processor with focus on market share, consumption trend, and growth rate of Single Board Computer Market:
o ARM
o X86
o ATOM
o PowerPC

Market Segment By End Use with focus on market share, consumption trend, and growth rate of Single Board Computer Market:
o Industrial Automation
o Aerospace & Defense
o Consumer Electronics
o Healthcare
o Others

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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

North America leads the global single board computer market followed by APAC and Europe. The growth in APAC is attributed to stable economic indicators such as GDP. Furthermore, China, Japan, and India are emerging markets, which also drive this sector due to their large populations. As regions with strong economies, APAC will present lucrative opportunities for growth in the future. With high adoption rates, the North American region will continue to prosper.

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