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Single Board Computer Market 2021-2027 By Regional Industry Growth & Forecast

The single board computer market share is driving, a spurt in IoT technology in smart home appliances and connected solutions in industrial automation.<br><br>Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/708

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Single Board Computer Market 2021-2027 By Regional Industry Growth & Forecast

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  1. Single Board Computer Market is projected to reach CAGR 14% by 2027

  2. Key Insights from Single Board Computer Market: • The single board computer market share is driving, a spurt in IoT technology in smart home appliances and connected solutions in industrial automation. The emergence of automated security systems and wireless technologies has fueled the demand for real-time applications. End-users, including aerospace & defense, entertainment and industrial automation are poised to invest in single board computers (SBC) for lowered power consumption, high flexibility and higher efficiency. • The unprecedented growth of the gaming industry in both advanced and emerging economies has encouraged SBC manufacturers to expand their penetration in untapped areas. Besides, the development of smart factories has fared well with the need for a smaller footprint and high energy efficiency. In terms of revenue, global single board computer market size could exceed USD 2.5 billion by 2027. • The industry was mired in the COVID-19 pandemic following the halt in production activities and shortage of raw materials. While the pandemic had a telling impact on the entertainment and transportation sectors, the medical industry witnessed a minimal impact. In fact, strong demand for remote monitoring of patients and the growth of portable and real-time healthcare equipment augured well for SBC suppliers.

  3. Regional Insights in Single Board Computer Market: • The European market is expected to prosper on the back of investments in the aerospace and defense sectors. The U.K. Ministry of Defense announced an infusion of approximately USD 1,000 billion in March 2021 for the next four years. The government earmarked USD 3.5 billion for air defense, electronic warfare, drones and cyber capabilities. The outlook exhibits robust opportunities for SBC manufacturers to render high-performance computing, command and control, and signal processing. Europe single board computer market held 20% of the global share in 2020 and is poised to expand at an impressive growth rate of 11% through 2027.

  4. Latest Research Report On Single Board Computer Market @ https://www.gminsights.com/industry-analysis/single-board-computer-sbc-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/708

  5. Major Companies in Single Board Computer Market: • AAEON Technology, Inc. • Advantech Co., Ltd. • ASUSTeK Computer Inc. • Avalue Technology Inc. • Digi International, Inc. • Mistral Solutions Pvt. Ltd.

  6. Industry Coverage

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