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Single Board Computer Market was valued at USD 3.05 billion in 2023 and is anticipated to grow at a CAGR of over 4% between 2024 and 2032. The market is experiencing significant growth due to the rising adoption of IoT devices.
As more industries integrate IoT technologies into their operations, the demand for compact, efficient, and versatile computing solutions like SBCs has surged. For instance, in August 2024, Colin Maykish unveiled the Mackerel 68ks, a series of single-board computers based on Motorola's 68000-series microprocessors.
The widespread use of SBCs in educational and DIY projects significantly propels the market's growth. Educational institutions are integrating SBCs into their curricula to teach programming, electronics, and system design. Platforms like Raspberry Pi are particularly popular in classrooms and among hobbyists due to their affordability and user-friendliness. This trend nurtures a new generation of tech-savvy individuals while maintaining steady demand for SBCs across various educational levels and personal projects.
Report Attribute | Details |
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Base Year: | 2023 |
Single Board Computer Market Size in 2023: | USD 3.05 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 4% |
2032 Value Projection: | USD 4.5 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 556 |
Segments covered: | Processor, Application, Operating System, Connectivity |
Growth Drivers: |
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Pitfalls & Challenges: |
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The growing application of SBCs in the development of embedded systems and edge computing solutions also contributes to market expansion. In embedded systems, SBCs provide reliable performance for specialized tasks in sectors such as automotive, healthcare, and consumer electronics. In edge computing, SBCs enable data processing closer to the source, reducing latency and bandwidth use, which is critical for applications requiring real-time data analysis.
The SBC market is highly sensitive to supply chain disruptions, particularly shortages of crucial components like semiconductors. These disruptions can be caused by various factors, including natural disasters, geopolitical tensions, and manufacturing bottlenecks. When key components are scarce, manufacturers may face increased production costs, delayed product launches, and difficulties in meeting consumer demand. Such issues can lead to higher prices for end-users and potentially limit the market's growth if supply chain reliability is not improved.
SBCs face strong competition from other computing solutions, such as microcontrollers and compact PCs. Microcontrollers, for instance, can be more cost-effective for simpler applications, offering sufficient functionality at a lower price point. On the other hand, compact PCs may provide higher performance for more demanding applications, thus appealing to users requiring more processing power. This competitive landscape forces SBC manufacturers to continually innovate and differentiate their products to maintain a competitive edge, which can be resource-intensive and challenging.
The latest trend in the single board computer (SBC) market is the development of increasingly compact and powerful devices. This shift is driven by the growing demand for edge computing solutions and the need for space-efficient, high-performance computing platforms. Industries such as IoT, industrial automation, and robotics require SBCs that can deliver robust processing power in a small form factor, enabling integration into constrained environments and portable applications. As a result, manufacturers are focusing on minimizing size while maximizing performance, efficiency, and connectivity options to meet these evolving market needs.
For instance, in August 2024, AAEON unveiled the PICO-MTU4, the smallest SBC featuring the Intel Core Ultra Processor platform. This ultra-compact board offers a 24% boost in multi-thread performance and a 50% reduction in SoC power consumption. It's designed for advanced industrial applications, featuring robust connectivity and expansion options, including support for industrial protocols.
Based on application, the market is divided into industrial automation, consumer electronics, healthcare, automotive, education and research, telecommunications, and others. The industrial automation segment is expected to reach a value over USD 1 billion by 2032.
Based on processor, the single board computer market is divided into ARM, x86, and PowerPC. The x86 segment is the fastest growing segment with a CAGR of over 5% between 2024 and 2032.
North America dominated the global single board computer market in 2023, accounting for a share of over 35%. The region is a leader in technological innovation, with a strong focus on developing and adopting advanced SBC solutions. This includes cutting-edge applications in industrial automation, healthcare, and telecommunications.
The US market is expanding rapidly due to its leadership in technological innovation, a strong industrial sector, and increasing demand for edge computing solutions. The country’s robust industrial base drives the adoption of SBCs for automation and system integration, while significant investments in technology and military applications further fuel growth.
China single-board computer (SBC) market is flourishing due to several key factors. The rapid growth in the e-commerce sector drives demand for SBCs in logistics and warehousing automation. Additionally, the increasing adoption of SBCs in consumer electronics, such as smart home devices and wearable tech, reflects the country's focus on expanding its tech ecosystem. Government policies promoting innovation and the development of tech hubs also contribute to the market's growth.
South Korea single board computer market is advancing due to the country's emphasis on technological innovation and integration of SBCs into its advanced electronics sector. The government’s initiatives to modernize industrial processes and support for smart factory technologies are key growth drivers. South Korea's robust R&D infrastructure supports the development of SBCs tailored for high-performance applications, including robotics and automation.
Japan market is expanding, driven by its strong focus on precision manufacturing and robotics. The country’s technological leadership in automation and advanced electronics creates a high demand for reliable SBC solutions. Japan’s extensive investment in research and development fosters innovation in SBC technology, making it suitable for applications in automotive systems and industrial control.
Raspberry Pi Foundation and Intel Corporation hold a significant share in the single board computer industry. Raspberry Pi Foundation dominates with its widely adopted and cost-effective SBCs, such as the Raspberry Pi series, which are popular in education, hobbyist projects, and even industrial applications due to their affordability and versatility. Intel Corporation's SBCs, including the Intel NUC series, cater to high-performance and commercial applications, providing robust processing power and advanced features that appeal to both businesses and tech enthusiasts. Their extensive product portfolios and strong market presence contribute to their leading positions in the SBC market.
Some other major players in the market are NVIDIA Corporation, Adafruit Industries, ODROID (Hardkernel), Banana Pi (Sinovoip), Jetson (NVIDIA), Pololu Corporation, Seeed Studio, Udoo, Sapphire Technology, Limor Fried (Adafruit), Orange Pi (Xunlong Software), and Lattice Semiconductor.
Major players operating in the single board computer industry are:
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Market, By Processor
Market, By Application
Market, By Operating System
Market, By Connectivity
The above information is provided for the following regions and countries: