Single Board Computer Market - by Processor (ARM, x86, PowerPC), By Application (Industrial Automation, Consumer Electronics, Aerospace & Defense, Automotive & Transportation, Healthcare & Medical Devices, Entertainment, Education, Agriculture) & Global F

Single Board Computer Market - by Processor (ARM, x86, PowerPC), By Application (Industrial Automation, Consumer Electronics, Aerospace & Defense, Automotive & Transportation, Healthcare & Medical Devices, Entertainment, Education, Agriculture) & Global Forecast, 2023 - 2032

Global Single Board Computer (SBC) Market is expected to depict significant growth over 2023-2032, owing to the broad application scope of SBCs in the medical and educational sectors. SBCs are becoming increasingly relevant in the workforce, especially in computer science, engineering, and robotics, making them very crucial for students and educators. They are easy to use, cost-effective, and provide diverse applications for learning purposes.

The ongoing efforts toward developing novel microprocessors, high-speed communication interfaces, and memory technologies are driving product adoption. Moreover, the rising uptake of IoT applications industrial sector is further propelling market growth. For instance, the U.S. Government Services Administration uses telematics or IoT devices to improve facilities and reduce costs under the IoT Cybersecurity Improvement Act 2020.

The top participants of the single-board computer market are engaging in R&D programs and portfolio expansion tactics to push their business growth. For instance, in March 2022, Mistral Solutions Pvt. Ltd., an SBCs manufacturer, launched AI-SFK lite, a performance-oriented Camera Vision and mmWave RADAR Sensor fusion platform. With this, the company intended to broaden its customer base and boost its product offerings.

The single board computer (SBC) market is bifurcated in terms of processor, application, and region.

Based on the processor, the Advanced RISC Machine segment is projected to grow significantly between 2023 and 2032 as a result of the increasing demand for power-efficient SBCs. ARM processors are ideal for devices run on batteries. Furthermore, their ability to manage a wide range of applications and tasks is benefitting the product outlook. The growing inclination toward customized systems is encouraging consumers to opt for ARMs for personalized SBC devices, thus, driving market growth.

In terms of application, the single board computer market share from the aerospace segment is primed to reach substantial value by 2032, propelled by their increasing competency and small designs ideal for the aerospace and defense industry. Additionally, companies operating in the industry are launching SBCs for military and space applications. For instance, in June 2022, Aitech Systems launched low-power U-C9140, a PowerPC-based 3U VPX SBC for military and defense applications. The new SBC is aligned with the Open Group Sensor Open Systems Architecture (SOSA) technical standard, Edition 1.0.

Regionally, Europe single-board computer market is speculated to showcase considerable growth through 2032, attributable to the increasing demand for small and energy-efficient computing devices and the growing utilization of open-source hardware and software. Another chief driver for regional growth is an inclination toward automation and favorable government initiatives to increase the adoption of Industry 4.0 in the market.