Press release
Exploring the Growth of Single Board Computer Market: Insights, Key Players, and Trends
Single Board Computer Market
Projected to experience a compound annual growth rate (CAGR) of 6.1% to reach $3.82 billion by 2029, the single board computer market is shifting the game for embedded computing solutions, industrial automation, and IoT due to advancements in technology and increased demand.
What Is The Projected Market Size Of The Global Single Board Computer Market And Its Growth Rate?
• The single board computer market recorded a growth from $2.85 billion in 2024 to $3.02 billion in 2025 reflecting a CAGR of 5.8%.
• The growth in the historic period can be attributed to increasing demand for embedded computing solutions, industrial automation, and IoT among many factors.
• The single board computer market is expected to grow rapidly to $3.82 billion by 2029, exhibiting a CAGR of 6.1%.
• The rise in edge computing applications, growing demand for AI at the edge, expansion of 5G networks, surge in demand for autonomous systems, and growth in robotics applications are major factors predicted to affect this rapid growth.
What Is Driving The Growth In The Single Board Computer Market?
The notable rise in industrial automation is primarily contributing to the growth of the single-board computer market. Industrial automation refers to using technology, equipment, and control systems to optimize manufacturing, production activities, and industrial processes. Playing a crucial role in industrial automation, single-board computers (SBCs) are prized for their compact size, low power consumption, and consistent computing capabilities in various applications. An example of this growth can be seen in the 51% increase from the previous year of industrial robots installed in the UK in 2023, totalling 3,830 industrial robots according to the International Federation of Robotics (IFR), which is directly contributing to the expansion of the single-board computer market.
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Who Are the Key Players Driving Single Board Computer Market Growth?
• Siemens AG
• General Electric Company
• Intel Corporation
• Qualcomm Incorporated
• Fujitsu Ltd.
• Hewlett Packard Enterprise Company
• Nvidia Corporation
• Texas Instruments Incorporated
• Advantech Co Ltd.
• Kontron AG
• Mercury Systems Inc.
• Digi International Inc.
• Adlink Technology Inc.
• Aaeon Technology Inc.
• SECO S.p.A.
• Radisys Corporation
• American Portwell Technology Inc.
• VersaLogic Corporation
• Eurotech Group plc
• WinSystems Inc.
• NETBurner Inc.
• Connect Tech Inc.
• Olimex Ltd.
• Xilinx Inc.
• Arbor Solutions Inc.
What Are The Key Trends In The Single Board Computer Market?
• Technological advancements or innovations
• Development of more compact form factors
• Increased integration of artificial intelligence (AI) capabilities
• Focus on energy efficiency
• Rising use of single board computers in edge computing
What Are The Segments Of The Global Single Board Computer Market?
• By Component: Solution, Service
• By Processor: ARM (Advanced RISC Machine), X86 (80x86), Atom, PowerPC (Performance Optimization With Enhanced RISC - Performance Computing)
• By End User: Industrial Automation, Aerospace And Defense, Consumer Electronics, Healthcare, Other End Users
Which Region Leads The Single Board Computer Market?
North America had the highest single-board computer market share in 2024. Europe is expected to be the fastest-growing region in the forecast period. The coverage in this single board computer market report extends to the regions of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Single Board Computer Market Global Market Report?
- Market Size Analysis: Analyze the Single Board Computer Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Single Board Computer Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Single Board Computer Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Single Board Computer Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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