Press release
Single Board Computer Market Expected to Touch USD 6.92% Billion by 2035
Single Board Computer Market to Reach USD 13.09 Billion by 2035, Growing at a 6.92% CAGR | IoT, Industrial Automation, and Edge Computing Drive Demand
As per Market Research Future analysis, the Single Board Computer Market Size was estimated at 6.27 USD Billion in 2024. The Single Board Computer industry is projected to grow from 6.704 USD Billion in 2025 to 13.09 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.92% during the forecast period 2025 - 2035.
The market growth is driven by rising adoption of IoT devices, industrial automation, edge computing applications, and AI-enabled solutions across multiple sectors.
Key Market Drivers
• Rising Demand for IoT and Edge Devices
Single board computers (SBCs) are integral to IoT-enabled devices, smart sensors, and connected applications.
• Growth of Industrial Automation
Manufacturing, robotics, and industrial monitoring systems increasingly rely on SBCs for cost-effective and compact computing solutions.
• Expansion in AI and Machine Learning Applications
SBCs with powerful processing capabilities are enabling AI inference at the edge, reducing latency and cloud dependence.
• Consumer Electronics Adoption
Smart home devices, wearable gadgets, and educational kits are contributing to SBC market growth.
• Technological Advancements and Miniaturization
Improved processing power, energy efficiency, and integration capabilities are expanding SBC applications globally.
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Market Segmentation Highlights
By Processor Type:
• ARM-Based SBCs - Dominant segment due to low power consumption and wide adoption in IoT and embedded applications.
• x86-Based SBCs - Preferred for industrial computing, edge servers, and high-performance applications.
• Others - Including RISC-V and custom architectures.
By Application:
• Industrial Automation - Leading segment; used in robotics, process control, and monitoring.
• Consumer Electronics - Smart homes, educational kits, and multimedia devices.
• Telecommunications - Networking, gateways, and 5G edge devices.
• Healthcare & Medical Devices - Diagnostic tools, patient monitoring, and portable medical equipment.
By End-Use Industry:
• Automotive - Autonomous driving modules, infotainment systems, and telematics.
• IT & Telecommunications - Networking, servers, and cloud-edge integration.
• Healthcare - Medical devices, imaging, and diagnostics.
• Education & Research - Development kits and experimental computing platforms.
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Regional Analysis
North America - Market Leader
• Strong presence of tech startups and semiconductor manufacturers.
• Rapid adoption of IoT, AI, and industrial automation technologies.
Europe
• Driven by smart manufacturing, automotive electrification, and government R&D funding.
Asia-Pacific
• Fast-growing manufacturing hubs, electronics production, and IoT adoption in countries like China, India, and Japan.
South America & MEA
• Gradual uptake in industrial automation, educational technology, and consumer electronics.
Key Market Opportunities
• Edge Computing Expansion - SBCs facilitating AI and data processing at the edge for low-latency applications.
• Smart Manufacturing & Industry 4.0 - Automation and robotics driving demand for compact computing modules.
• IoT & Connected Devices - Rising use in smart homes, smart cities, and wearable technologies.
• Healthcare Innovation - SBCs enabling portable medical devices and advanced monitoring solutions.
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Competitive Landscape
The Single Board Computer market is highly competitive, with companies focusing on performance optimization, energy efficiency, and strategic partnerships. Key players include:
• Raspberry Pi Foundation
• ASUS
• Advantech Co., Ltd.
• Kontron AG
• Arduino LLC
• Aaeon Technology Inc.
• BeagleBoard.org Foundation
• Hardkernel Co., Ltd.
• Toradex AG
• STMicroelectronics
These companies are investing in R&D, launching new SBC models, and expanding distribution to meet growing demand in industrial, consumer, and edge computing applications.
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Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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