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Single Board Computer Market Insights 2020 Emerging Trends || Eurotech, NVIDIA, NXP Semiconductors, Qualcomm, Leading Players Advantech, Apple, Arm, Broadcom Inc., Raspberry Pi Foundation, Samsung Electronics, Nuance Communications, Texas Instruments, Tor

05-06-2020 07:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Single Board Computer Market Insights 2020 Emerging Trends ||

Surging technical advancements in IoT and growing need for smart connected devices is expected to influence single board computer market trends in the coming years. Driven by the advantages such as lightweight, more power efficiency, and compact size in comparison with the multi-board computers, single board computer industry outlook is slated to expand.

Additionally, the features of single board computers are well integrated which helps to enable low cost of manufacturing and augments the components' demand throughout the various sectors. Single board computer market forecast report anticipates that industry revenue share will surpass $1 billion by 2025.

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Technological developments in the semiconductor sector and prevalence of compactPCI (cPCI) technology have been substantially accelerating single board computer market size expansion. Industrial technology needs cost-optimized products which are intelligent and appropriate for rough environments to secure longevity. The technology helps to allow platform configuration as per the requirements of the application and makes it accessible. Additionally, the technology offers modularity, robustness, hot swap, dense computing performance, and system management.

The compactPCI technology is being adopted for high-performance applications, including defense, transportation, machine control, mining, and energy, propelling the single board computer market trends. Growing adoption of these components in space applications is providing opportunities to players in single board computer industry.

A number of space systems and equipment integrated with this single board computer includes mass memory, simulators, networking and communications, electronic warfare and signal intelligence systems, RADAR and SONAR systems. Many key technologies, which have been witnessing a high demand include VME, VPX, and xTCA. Such factors are likely to contribute to single board computer market outlook.

North America is one of the key regions which has been propelling the growth of the single board computer market share. The growth can be attributed to the growing adoption of single board computer components throughout the defense and manufacturing sectors. Furthermore, a well-established IoT setup in the region has been consistently increasing the adoption of single board computers in North America.

Asia Pacific single board computers market is also projected to experience the highest growth over 2019-2025 due to augmented IoT expenditure in the region. Also, support from governments for the advancement of smart cities will further amplify the single board computer industry outlook in APAC region.

The single board computer market trends have been substantially influenced by the product's adoption throughout aerospace and defense sectors. Single board computer industry forecast report anticipates the market to expand at a CAGR of 13% over 2019-2025.

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The military sector has been constantly leveraging Raspberry Pi SBC in surveillance robots. Developing automation is enhancing the demand in single board computer market. Surveillance robots are IoT-based systems which enable military and defense sectors to protect border or camp area using an autonomous or manually controlled vehicle connected with internet. Multi-sensory devices sense strange border activities and these systems transmit the wireless instruction to an authorized person, who then commands further movements and activities of the robot.

Few of the companies operating in single board computer market and working to increase revenue share of the industry sinclude Shenzhen SINOVOIP Co. Ltd., Qualcomm Technologies, NXP Semiconductors, Intel Corporation, ADI Engineering, Samsung Electronics, Advantech Co., Ltd., Texas Instruments, ARM, Connect Tech, Inc, Broadcom, Eurotech S.p.A, NVIDIA, Xilinx, and Toradex, Inc., among others.

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DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

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