Global Single Board Computer (SBC) Market to Grow at a Remarkable CAGR of 12.67% during the Forecast Period of 2017-2021

Published on : Apr 27, 2017

Albany, New York, April 27, 2017: With the augmented production and rise in sales of electronic devices, the market for single board computer is expected to witness a significant expansion over the coming few years. Considering this scenario, Market Research Hub (MRH) has recently announced the addition of a new research report to its massive online offerings. This research report discusses the global single board computer market and is titled as “Global Single Board Computer (SBC) Market 2017-2021”. The research study is an in-depth analysis of the present market state as well as the future prospect of the single board computer market. It accurately captures the growth prospects, regional demand as well as product segmentation for this market, so that businesses can adopt the best strategy to increase their profits and customer base.

The report predicts that the global single board computer (SBC) market is anticipated to rise at an impressive CAGR of 12.67% during the forecast period of 2017-2021. This growth is primarily driven by the growing number of technological advancements in the hardware for SBC. To properly identify the growth prospects, the report meticulously follows a combination of primary and secondary research procedures to analyze different market data and study the demand for different products across various geographical regions. With the aid of latest analytical tools, a detailed information on customer preferences is provided across different product offerings. The report also identifies the major growth drivers and ongoing market trends as well as the key challenges presently faced by the companies operating in the market.

Another important aspect of the report is the segregation of the global market based on key parameters like application, type of processor and geographical region. The prominent type of processors analyzed in the report are as follows:

  • X86
  • ARM
  • PowerPC
  • Power Architecture
  • X20

The global SBC market is dominated by X86 processors and this dominance is likely to continue throughout the forecast period. Based on application, the market is segmented into the following:

  • Retail industry
  • Transportation industry
  • Healthcare industry
  • Industrial industry
  • Gaming industry

The retail industry is the largest end-user of the global SBC market and due to the rapid development of infrastructure around 4G and wireless technologies, this segment is expected to hold a majority of market share throughout the forecast period.

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The global single board computer market is highly fragmented and comprises several global and local vendors. Key vendors in this market are Digi International, Advantech, Eurotech, Kontron and Radisys. This industry is competitive and the vendors compete against one another on market share, quality and innovation in technology. Some of the major challenges faced by these companies are intense competition, frequent technological innovation and the ever-changing preferences of consumers.

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