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%
Sellbyville, DE -- (SBWIRE) -- 06/14/2019 -- 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 key players covered in this study
4. Broadcom Inc.
7. NXP Semiconductors
9. Raspberry Pi Foundation
10. Samsung Electronics
11. SECO GROUP
12. Nuance Communications
13. Texas Instruments
Growth Drivers of Single Board Computer Market: -
1. Technological advancements in semiconductor industry
2. Growing demand across various industry verticals
3. Increasing investments in IoT technology
4. Declining cost of single board computers
5. Developments in Linux software to drive growth for SBCs
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. 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.
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The Arduino single board computer market has applications in water treatment systems. It is designed to improve the water quality with the help of a monitoring technology. The programs for these systems are written in Java. Sensors are connected to the Arduino board that processes the information and send the output through external data transfer methods. These monitoring systems use the GPRS module for wireless data transfer. The information processed by the Arduino board is sent to the webpage through a GPRS module. This GPRS module updates the processed information on the webpage through the internet. The Arduino platform (ATMega-328) is implemented as a sensor node controller to acquire and process the sensor data. It is an affordable, open source platform that provides I/O pins for customizable applications and is augmenting the single board computer market.
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.
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