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Single Board Computer Market Size

  • Report ID: GMI708
  • Published Date: Apr 2023
  • Report Format: PDF
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Single Board Computer Market Size

Single Board Computer Market size exceeded USD 1.5 billion in 2022, progressing at over 10% CAGR from 2023 to 2032 due to the miniaturization of electronic components for use in SBCs.

 

Single Board Computer Market

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The SBC industry growth is fueled by the growing use of novel technologies globally. Demand for single-board processors and high-performance embedded systems is rising due to the growing popularity of IoT technology. Moreover, these devices are increasingly being utilized in smart & connected solutions across numerous industrial verticals, including healthcare, home appliances, and transportation, among others. By 2025, studies project that there would be nearly 30.9 billion active IoT connections across different industries.
 

Single Board Computer Market Report Attributes
Report Attribute Details
Base Year:2022
Single Board Computer Market Size in 2022:USD 1.5 Billion
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:10%
2032 Value Projection:USD 4.5 Billion
Historical Data for:2018 to 2022
No. of Pages:260
Tables, Charts & Figures:190
Segments covered:Processor, Application, and Region
Growth Drivers:
  • The flourishing embedded computing market
  • Growing utilization of IoT technologies globally
  • Rising popularity of ARM processors in single board computers
  • Growing trend toward industrial automation in developing nations
  • Rising adoption of SBCs in medical applications
Pitfalls & Challenges:
  • Increased system complexity in x86-based modules
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Despite positive outlook for the single board computer market, system complexity associated with some processors is negatively impacting revenue. The complex design of x86 processor-based SBC solutions increases the embedded system complexity as a result of high memory configuration and the presence of several components on a single board. This raises the overall cost of the solution, restraining the adoption of these processors for embedded computing. Nonetheless, high-performance, standard format benefits, and ease of use of SBCs are set to increase the single board computer demand over the forecast period.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Global market size for single board computer was valued at more than USD 1.5 billion in 2022 and is primed to progress at over 10% CAGR between 2023 and 2032 propelled by the miniaturization of electronic components and their use in SBCs.

The x86 segment will reach over USD 2.5 billion by 2032 as a result of the notable technological improvements in embedded devices as well as the increasing demand for smaller and power-efficient processors.

The single board computer industry from the industrial automation application segment is anticipated to grow at around 15% CAGR from 2023 to 2032 owing to the increased need for workers’ safety, which has boosted the demand for enhanced embedded solutions.

North America market for single board computer will be valued at over USD 1.5 billion by 2032 on account of supportive government initiatives to accelerate the manufacturing sector in the region.

Single Board Computer Market Scope

  • Single Board Computer Market Size
  • Single Board Computer Market Analysis
  • Single Board Computer Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 25
    • Tables & Figures: 190
    • Countries covered: 13
    • Pages: 260
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