Single Board Computer Market Analysis

Single Board Computer Market Analysis

 Single board computer market size from industrial automation will grow at 15% CAGR between 2023 and 2032 propelled by several features, including wide computing capability, multi-tasking high battery capacity, and automatic connection to the internet required in the industrial sector. In addition, the widespread need for workers’ safety has boosted the demand for enhanced embedded solutions and SBCs.
 

By 2032, the x86-equiped single board computer market will be valued at more than USD 2.5 billion owing to the technological growth in embedded devices as well as the increasing demand for smaller and power-efficient processors. To cite an instance, in January 2023, Intel launched its 4^th Gen Xeon Scalable processor, Sapphire Rapids HBM, with an x86-based processor having high bandwidth memory to boost HPC applications without any need for modifications.
 

 North America single board computer market will reach more than USD 1.5 billion in revenue by 2032, attributed to the increasing requirement for automated solutions in the fast-growing industrial sector. Moreover, supportive government initiatives to accelerate the manufacturing sector are further increasing the adoption of automation systems, conveyors, and collaborative & industrial robots. In September 2022, the U.S. government announced an investment of USD 40 million to elevate the biomanufacturing industry in the country with new resources and automated equipment.