Single Board Computer Market Overview
The Single Board Computer Market Size is expected to reach USD 5.87 Billion by 2033. The Single Board Computer Market industry size accounted for USD 3.05 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.51% from 2023 to 2033. The Single Board Computer (SBC) Market refers to the global industry focused on the production, sale, and development of single-board computers. These are complete computers built on a single circuit board with microprocessors, memory, input/output (I/O), and other essential features required for a functional computer. SBCs are often used in embedded systems, educational tools, and industrial applications due to their compact size, low power consumption, and affordability.
The SBC market is characterized by innovation and diverse applications, catering to a wide range of industries and user needs. the SBC market is a dynamic and rapidly evolving sector driven by technological innovation and the increasing demand for intelligent, connected devices.
Global Single Board Computer Market Synopsis
COVID-19 Impact Analysis
The COVID-19 pandemic significantly impacted the Single Board Computer (SBC) Market. The global semiconductor shortage, exacerbated by the pandemic, caused delays in the production and distribution of SBCs. Manufacturing facilities were temporarily shut down or operated at reduced capacity, leading to supply constraints and increased lead times for key components like processors and memory chips. Lockdowns and travel restrictions hindered the transportation of goods, affecting the timely delivery of SBCs. This led to delays in projects and reduced availability of SBCs in the market. The shift to remote work and online education during the pandemic created a surge in demand for SBCs. These devices were used to build low-cost computing solutions, educational kits, and home automation projects, driving growth in the consumer segment. The pandemic accelerated the adoption of IoT devices and healthcare solutions, many of which rely on SBCs for their operation. SBCs were used in the development of medical devices, remote monitoring systems, and smart home products, leading to increased sales in these sectors. The pandemic highlighted the need for more resilient supply chains and diversified manufacturing bases. Companies in the SBC market have since focused on improving their supply chain strategies to mitigate future risks.
Single Board Computer Market Dynamics
The major factors that have impacted the growth of Single Board Computer Market are as follows:
Drivers:
Ø Technological Advancements
Ongoing advancements in processor technology, memory, and connectivity options have led to more powerful and versatile SBCs. These improvements have expanded the range of applications for SBCs, from simple hobbyist projects to complex industrial systems. Some modern SBCs now come with capabilities for AI and machine learning, enabling new applications in areas like autonomous vehicles, robotics, and predictive maintenance. SBCs offer a low-cost entry point for developing custom computing solutions, making them accessible to a broad range of users, from individual hobbyists to large enterprises. The widespread availability of SBCs through online and offline retail channels, along with extensive support networks, has made them easily accessible to users worldwide.
Restraint:
- Perception of Price Sensitivity and Technical Complexity
Fluctuations in the prices of raw materials and components can lead to higher production costs, which may be passed on to consumers. This can make SBCs less affordable, particularly in cost-sensitive segments like education and hobbyist markets. The market is highly competitive, with numerous players offering similar products. This can lead to price wars, squeezing profit margins and making it difficult for smaller companies to sustain operations. SBCs often require a certain level of technical knowledge for effective use, particularly in custom applications and advanced projects. This can be a barrier for some potential users, especially those without a background in electronics or programming.
Opportunity:
⮚     Advancements in Edge Computing
SBCs with enhanced processing capabilities can support AI and machine learning tasks at the edge, enabling real-time data analysis and decision-making. This is especially valuable in applications like autonomous vehicles, robotics, and smart surveillance. The deployment of 5G networks opens up new possibilities for SBCs, allowing them to handle high-speed data transfers and support more sophisticated edge computing applications. Increasing emphasis on STEM (Science, Technology, Engineering, and Mathematics) education drives demand for SBCs in schools and universities. SBCs are used to teach programming, electronics, and robotics, creating ongoing opportunities in the educational sector. The growing maker movement and interest in DIY electronics provide a continuous market for SBCs. Hobbyists and developers use SBCs for a wide range of projects, from home automation to custom gadgets, fostering innovation and creativity.
Single Board Computer Market Segment Overview
By Processor
Based on Processor, the market is segmented based on ARM, X86, ATOM and PowerPC. The X86 segment dominant the market. The CISC processor family includes X86 processors, which are members of the 8086 families and operate on a complex instruction set. “X86 processors” refers to both Intel and AMD processors and are extensively used in industrial automation and defense applications. A hallmark of X86 processors is their intricate architecture. They perform several tasks simultaneously from a single instruction. They carry out multiple functions without interfering with the one currently being done. This benefit has led to the X86 processors having the largest market share in the single-board computer industry today.
By End Use
Based on End Use, the market segment has been divided into Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare and Others. The industrial automation segment dominant the market. Industrial automation controls machinery and other industrial processes while minimizing manual command processes and human intervention. Industrial automation uses single-board computers to control devices like PCs, PLCs, and PACs. Single-board computers are frequently used in robotics, manufacturing, and other industrial automation applications.
Global Single Board Computer Market Regional Analysis
Based on region, the global Single Board Computer Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Single Board Computer Market followed by the Asia-Pacific and Europe regions.
Single Board Computer North America Market
North America holds a dominant position in the Single Board Computer Market. North America, particularly the United States and Canada, has a well-established SBC market with a high adoption rate across various sectors, including education, industrial automation, and IoT applications. The presence of major technology companies, strong educational institutions, and high levels of innovation drive market growth. The region also benefits from advanced infrastructure and a strong focus on research and development.
Single Board Computer Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Single Board Computer Market industry. Asia-Pacific is one of the fastest-growing regions for the SBC market, with significant demand in countries like China, India, Japan, South Korea, and Southeast Asian nations. Rapid industrialization, the rise of smart cities, and increased technology adoption drive the SBC market. The region’s large population and growing middle class also contribute to the demand for consumer electronics and educational tools.
Competitive Landscape
The global Single Board Computer Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.
Prominent Players:
- Advantech Co. Ltd.
- Eurotech Group
- Digi International Inc.
- Aaeon Technology Inc.
- Mercury Systems Inc.
- Intel Corporation
- Adlink Technology Inc.
- Texas Instruments Inc.
- Xilinx Inc.
- Qualcomm Incorporated
Key Development
In June 2024, The Linux distribution AlmaLinux, which is compatible with Red Hat Enterprise Linux (RHEL), announced a milestone release that includes official support for the Raspberry Pi 5 single-board computer for the first time.
In June 2024, Acromag released a statement announcing the release of the VPX7600, a new SOSA-aligned 3U VPX single board computer (SBC) that utilizes Intel’s 11th Generation Tiger Lake-H Xeon W-11000E processor.
Scope of the Report
Global Single Board Computer Market, by Processor
- ARM
- X86
- ATOM
- PowerPC
Global Single Board Computer Market, by End Use
- Industrial Automation
- Aerospace & Defense
- Consumer Electronics
- Healthcare
- Others
Global Single Board Computer Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: $5.87 Billion |
| CAGR | 4.51% CAGR (2023-2033) |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Processor, End Use |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | Advantech Co. Ltd., Eurotech Group, Digi International Inc., Aaeon Technology Inc., Mercury Systems Inc., Intel Corporation, Adlink Technology Inc., Texas Instruments Inc., Xilinx Inc. and Qualcomm Incorporated |
| Key Market Opportunities | • Advancements in Edge Computing • Growth in Educational and DIY Markets |
| Key Market Drivers | • Technological Advancements • Cost-Effectiveness and Accessibility |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Single Board Computer Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Single Board Computer Market historical market size for the year 2021, and forecast from 2023 to 2033
- Single Board Computer Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Single Board Computer Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
