Single Board Computer Market to Reach $3.80 Billion, Globally, By 2027 at 4.6% CAGR: Allied Market Research

PORTLAND, Ore., Oct. 8, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Single Board Computer Market By Processor (ARM, X86, ATOM, and PowerPC) and End Use (Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027". According to the report, the global single board computer industry was estimated at $2.86 billion in 2019, and is anticipated to hit $3.80 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027.

Drivers, Restraints and Opportunities

Rise in demand for single board computer components in aerospace and defense and increase in need for industrial automation drive the growth of the single board computer market. On the other hand, complex integration process of advanced electronics devices curtails down the growth to some extent. However, miniaturization of electronic devices is expected to create lucrative opportunities for the key players in the industry.

Download Sample Report (Get Full Insights in PDF - 248 Pages) @ https://www.alliedmarketresearch.com/request-sample/5840

Covid-19 Scenario

• The outbreak of Covid-19 has caused a mixed effect on the global single board computer market. With most organizations mandating 'work from home' all over the world, there's been a significant increase in the demand for these single board devices that have wide application in home computers, video pokers, slot machines, and many more.
• At the same time, disruptions in the supply chain impacted the market negatively. Also, there's been a considerable decrease in demand for single board computer components from the aerospace industry. However, it's expected to recoup, in terms of revenue, post the pandemic.

The X86 Segment to Dominate By 2027

Based on product type, the X86 segment accounted for nearly half of the global single board computer market revenue in 2019 and is expected to lead the trail by the end of 2027, owing to its large manufacturing capacity and compatibility with other applications. The ARM segment, on the other hand, would portray the fastest CAGR of 5.1% throughout the forecast period, due to increasing applications of single board computers in consumer electronics.

The Industrial Automation Segment to Maintain the Dominant Share

Based on end use, the industrial automation segment contributed to more than two-fifths of the global single board computer market share in 2019 and is anticipated to rule the roost till 2027. The same segment would also manifest the fastest CAGR of 4.9% from 2020 to 2027. This is due to the digital transformation of the manufacturing and the production processes in the major industries across the world.

North America Garnered the Major Share in 2019

Based on geography, North America garnered the major share in 2019, holding nearly two-fifths of the global single board computer market, due to increasing applications of the single board computers in the aerospace and defense sector. At the same time, the Asia-Pacific region would grow at the fastest CAGR of 5.8% during the study period, owing to the presence of large number of consumers in the province. Also, growing applications of industrial automations have propelled the growth.

Interested to Procure the Data? Inquire Here @ https://www.alliedmarketresearch.com/purchase-enquiry/5840

Key Players in the Industry

• Eurotech Group
• Qualcomm Incorporated
• Digi International Inc.
• Mercury Systems Inc.
• Intel Corporation
• Xilinx Inc.
• Advantech Co. Ltd.
• Adlink Technology Inc.
• Aaeon Technology Inc.
• Texas Instruments Inc.

Access AVENUE - A Subscription-Based Library (Premium On-Demand, Subscription-Based Pricing Model) @ https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request For 14 Days Free Trial of Before Buying:
https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

Electronic Shelf Label Market Projected to Hit $2.40 Billion By 2027

LiDAR Market Expected to Garner $2.90 Billion By 2027

Wireless Connectivity Technology Market Estimated to Grow $128.47 Billion By 2026

SCARA Robot Market Anticipated to Reach $14.78 Billion By 2026

Industrial Cobot Market Expected to Grow $12.48 Billion By 2026

Wearable AI Market Estimated to Attain $69.51 Billion By 2026 

Pre-Book Now with 10% Discount:

AMOLED Market: Global Opportunity Analysis and Industry Forecast 2020-2027

RADAR Sensor Market: Global Opportunity Analysis and Industry Forecast 2020-2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com 
Follow Us on LinkedIn and Twitter 

SOURCE Allied Market Research