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Single Board Computer Market in North America Region is Expected to Amass Substantial Proceeds Over 2019-2025

Author : Ronak Bora | Published Date : 2019-06-11 

North America is one of the major regions for the growth of the single board computer market. This is due to the adoption of these components across manufacturing and defense industries. In addition, a well-established IoT infrastructure in the region has been constantly driving the adoption of these computers in the region. However, Asia Pacific is expected to witness the highest growth over the forecast period owing to increased IoT spending in the region. Moreover, support from governments for the development of smart cities is further expected to fuel the single board computer market in this region.

The growing technological advancements in IoT coupled with the rising demand for smart connected devices will drive single board computer (SBC) market in the years to come. Basically a compressed, low-cost version of a typical computer, an SBC comprises similar components such as microprocessors, memory, input/output (I/O) and other features all embedded on a tiny circuit board.

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The flourishing demand across consumer electronics industry is among the major trends in the single board computer market. The rising disposable income of consumers is creating a demand for intelligent and smart devices such as gaming consoles, smartphones, tablets, and other wearable devices. In addition, declining prices of these systems have resulted in a greater demand for these systems across the industry, fueling the SBC market. For instance, Raspberry Pi Zero systems are being used to develop new smartphones, such as ZeroPhone, which is a USD 50 Linux operated technology. The phone has several features, such as HDMI, Wi-Fi, full-size USB, 3.5 mm jack, 2G GSM connectivity, and GSM/Wi-Fi/microphone hardware switch option.

The single board computer market is fueled by the adoption across the aerospace & defense sector and is projected to grow at a CAGR of 13%. The military sector is utilizing Raspberry Pi SBC in surveillance robots. Increasing automation is augmenting the demand in the (SBC) single board computer market.

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The surveillance robots are IoT-based systems that help the military & defense sector to secure the camp or border area using a manually controlled or autonomous vehicle with the internet connection. Multi-sensory devices detect the unusual border activities and these systems sends the wireless command to an authorized person, which then instructs the robot about further movements and activities.

In addition, the integration of these systems in robotic vehicles using the SBC integrated cameras for live video streaming is further creating growth prospects for the single board computer market. Robots are integrated with Raspberry Pi 3 Model B, which is a third generation SBC model. It is a low-cost, powerful, and small-sized SBC that is being used in different robotic devices for military applications.

Companies contributing toward the growth of the SBC market include Adlink Technology, Mercury Systems, American Portwell, Radisys Advantech, and MERCURY Systems, among others. These players are offering differentiated products in the market for various industry verticals to expand their customer base.

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Being highly-scaled versions of traditional PCs and laptops, SBC are expected to continue finding long-term application in IoT-driven verticals and consumer electronics. Powered by rapid technological advancements in semiconductor processors and AI, single board computer market is forecast to chronicle itself in the billion-dollar business sphere by 2025.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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