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Single Board Computer Market Future Demand, Industry Analysis, Size, Share And Forecast To 2032
Single Board Computer Market Analysis
The Business Research Company's Single Board Computer Global Market Report 2023 identifies increasing industrial automation as the major driver for the single board computer market's growth in the forecast period. Industrial automation refers to the automation and optimization of manufacturing processes, production activities, and industrial processes using technology, equipment, and control systems. Single-board computers (SBCs) play a crucial role in industrial automation due to their compact size, low power consumption, and the ability to provide computing capabilities in various applications like programmable logic controllers (PLCs), data acquisition, and processing.
The global single-board computer market is expected to grow from 2.54 billion in 2022 to 2.72 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The single-board computer market is expected to reach 3.43 billion in 2027 at a CAGR of 6%.
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Major competitors in the single board computer market are Siemens AG, General Electric Company, Intel Corporation, Qualcomm Incorporated, Fujitsu Ltd., Hewlett Packard Enterprise Company, Nvidia Corporation.
A key trend in the single board computer market includes product innovation. Major companies operating in the single-board computer market are developing innovative products with advanced features to strengthen their position in the market. For instance, in June 2023, DFRobot, a China-based open-source hardware provider, introduced UNIHIKER, which combines the power of a traditional Linux-based SBC with a microcontroller. It is a new category of single-board computer equipped with a display and a RISC-V MCU. UNIHIKER is a user-friendly and versatile single-board computer that offers a brand-new experience for developers and makers alike. It combines the power of a traditional Linux-based single-board computer with the convenience of a microcontroller and Internet of Things (IoT) capabilities, making it an ideal platform for learning and coding.
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The single board computer market is segmented -
1) By Component: Solution, Service
2) By Processor: ARM (Advanced RISC Machine), X86 (80x86), Atom, PowerPC (Performance Optimization With Enhanced RISC - Performance Computing)
3) By End User: Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the single board computer market.
The Business Research Company's "Global Single Board Computer Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Single Board Computer Market Include:
1. Executive Summary
2. Single Board Computer Market Characteristics
3. Single Board Computer Market Trends And Strategies
4. Single Board Computer Market - Macro Economic Scenario
5. Global Single Board Computer Market Size and Growth
……….
32. Global Single Board Computer Market Competitive Benchmarking
33. Global Single Board Computer Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Single Board Computer Market
35. Single Board Computer Market Future Outlook and Potential Analysis
36. Appendix
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