Single Board Computer Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global Single Board Computer Market: Overview
A single board computer (SBC) is a computer type wherein all of the components – such as storage, memory, and microprocessor – are built on a single circuit board. An SBC is similar to any normal computer in terms of functions.
To make SBCs more cost-effective and compact, research and development activities are constantly underway. Due to their low price, SBCs are being extensively used as educational tools for the younger generation; they also find application in military and defense, automotive, aerospace, digital healthcare, digital logistics, intelligent systems, retail and hospitality, transportation, digital signage, and other embedded control subsystems.
Global Single Board Computer Market: Key Trends
Single board computers have carved a name for themselves in the healthcare sector. Major medical equipment have integrated SBCs that assist in providing reliable and capable healthcare solutions and services. Plus, medical electronic devices, customized medical monitoring systems, and fault tolerant wearable computers are making optimum usage of SBCs. The booming electronic goods industry is also dependent on SBCs. Mobile phones, gaming consoles, and tablets are well equipped with SBCs, thereby creating significant demand for them.
However, SBCs are not advanced enough to operate on various processors available in the market. Also, when compared to technologically advanced desktops and laptops, the processing power of single board computers falls short.
Global Single Board Computer Market: Market Potential
To be ahead in the game, several manufacturers are constantly working on remodeling of SBCs. The current processors are highly flexible and are efficient enough to be integrated with several new technologies. The x86-based single board computer is gaining traction due to features such as faster processing and better power saving capabilities, making it suitable for harsh industrial environments. Lately, Udoo x86 SBC was integrated with Intel’s Curie module, which includes a Bluetooth Low Energy radio.
The very affordable and continuously growing Raspberry Pi single-board computers have recently released a new addition to mark their fifth anniversary. The Raspberry Pi Zero W is similar to its predecessor, the Raspberry Pi Zero, except that it comes with Bluetooth capabilities and wireless LAN and is reasonably priced at US$10.
With features such as 512 MB RAM, 1 GHz single-core CPU, and a HAT-compatible 40-pin header, the Raspberry Pi Zero W remains more or less the same. Micro-USB On-The-Go and Mini-HDMI ports, reset headers, composite video, and a CSI camera connector are still present in the latest edition. All are made accessible through an official injection-molded case designed by Kinneir Dufort and T-Zero.
Global Single Board Computer Market: Regional Outlook
High adoption rate of SBCs is the primary driver for the growth of the market in the U.S. The market in this country is pegged to grow over the years owing to increasing gross domestic product and adoption of standard-based systems and its development in application segments such as medical, energy, and transportation.
Due to the presence of large-scale local manufacturers such as Shenzhen Leadsin Technology Co. Ltd, and Lenovator Co., Limited, Asia Pacific is bound to grow during the forecast period. In addition, this regional market is expected to prosper with the growing demand for SBCs across numerous applications, coupled with rising investments in the automation industry, increasing disposable incomes, and stable economic growth.
Global Single Board Computer Market: Competitive Analysis
Some of the leading players operating in the global single board computer market are Advantech, NETBurner, Wandboard, Eurotech Group, Adlink Technology, Mercury Systems, UDOO, Olimex, American Portwell, VersaLogic Corp., Arbor Solutions, Logic, Radisys, Digi International, Kontron, and Advantech.
There are numerous SBC manufacturers operating in the industry. Established as well as new entrants are laying emphasis on reducing prices, providing application-specific customized devices, and expansion of seamless connectivity. Technological developments such as effective designs in applications including healthcare are quite prevalent in the SBCs market. Industry participants are also offering rational measures to curb pollution and environmental degradation.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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