Single Board Computer Market size was about USD 1.9 billion in 2015, and is expected to grow at 5% CAGR from 2016 to 2024 to cross USD 2.9 billion by 2024. Continuous evolution of product design, trending IoT and increasing application demand are expected to drive the industry through 2024.
Availability of SBCs in a wide range of standard form factors and miniaturization of technology will boost the demand for innovative devices in the industry. High level of flexibility, high computing power and reduced power consumption at low price point will be the key factors driving single board computer market share. Since they are available in a number of form factors, these products enable designers to create innovative applications and devices that benefit from considerably higher computing power.
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On the basis of technology, the single board computer market share is segmented majorly into aTCA, compact PCI, VME, VPX, VXS and Mezzanine. aTCA is projected to dominate the industry through the forecast timeline, owing to its typical applications including control plane functions for LTE (Long Term Evolution) and WiMAX and next generation networks.
Segmentation based on application includes medical, precision agriculture, military & aerospace, transportation, communications & networking, industrial automation & control, etc. Importance of innovation in the life science segment is an important parameter. Thus, key players are focusing on wireless connectivity, efficient designs and reliable operating system for consolidating their position in the industry.
U.S. single board computer market size will be driven by high adoption rates in the region. Asia Pacific is likely to be a high growth segment owing to its steady economic growth and increase in disposable income of users. Furthermore, the industry expects significant growth in countries such as China, Japan, India and Germany due to increasing automation.
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Key participants accounting for single board computer market share include VersaLogic Corp., Digi International, Wandboard, Advantech, Eurotech Group, Kontron, Adlink Technology, Advantech, Radisys, Mercury Systtems, Olimex, UDOO, Arbor Solutions, American Portwell, Logic and NETBurner.
This latest Single Board Computer Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across a number of regional markets. The report also analyzes the Single Board Computer Industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.
Browse key industry insights spread across market data tables, figures & charts from the report, “Single Board Computer (SBC) Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
Key Insights in this Report
- Single Board Computer Market size & forecast by product & application
- Growth drivers, pitfalls & industry challenges
- Key Single Board Computer Market growth opportunities & emerging business models
- Competitive benchmarking with market share analysis and company profiles
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