Single Board Computer Global Market Report 2024

The single board computer market size has grown strongly in recent years. It will grow from $2.72 billion in 2023 to $2.9 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed in the historical period can be attributed to the growing demand for embedded computing solutions, industrial automation, the rise of the Internet of Things (IoT), expansion of the electronics manufacturing sector, and increasing use in defense applications.

The single board computer market size is expected to see strong growth in the next few years. It will grow to $3.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The anticipated growth in the forecast period can be attributed to the rise in edge computing applications, the growing demand for artificial intelligence (AI) at the edge, the expansion of 5G networks, the surge in demand for autonomous systems, and the growth in robotics applications. Major trends expected in the forecast period include technological advancements and innovations, the development of more compact form factors, increased integration of artificial intelligence (AI) capabilities, a focus on energy efficiency, and the rising use of single-board computers in edge computing.

The single-board computer market is poised for growth, driven by the increasing adoption of industrial automation. Industrial automation involves optimizing and automating manufacturing processes and industrial activities through the use of technology and control systems. Single-board computers (SBCs) play a pivotal role in industrial automation due to their compact size, low power consumption, and versatility in applications such as programmable logic controllers (PLCs), data acquisition, and processing. A notable illustration of this trend is evident in the International Federation of Robotics' report from October 2021, highlighting a 6% increase in the number of industrial robots operating in UK factories in 2021, reaching 23,000 units. This underscores the crucial role of SBCs in facilitating industrial automation and propelling the growth of the single-board computer market.

The escalating demand for data centers is anticipated to further drive the growth of the single-board computer market. Data centers, centralized facilities managing computer systems, servers, and related components, utilize SBCs for tasks such as edge computing, low-power servers, and customized solutions. This application of SBCs offers flexibility, energy efficiency, and cost-effective alternatives for specific computing needs within data centers. Notably, the investment in data center infrastructure transactions doubled in 2021, reaching USD 59.5 billion, reflecting a 64% increase from the previous year, as reported by DLA Piper. This surge in demand for data centers contributes significantly to the growth of the single-board computer market.

A prominent trend shaping the single-board computer market is product innovation, with major companies introducing advanced features to enhance their market position. DFRobot, a China-based open-source hardware provider, exemplifies this trend with the introduction of UNIHIKER in June 2023. UNIHIKER represents a new category of single-board computer that combines the power of a traditional Linux-based SBC with a microcontroller, providing a versatile and user-friendly platform for developers and makers. This emphasis on innovation underscores the dynamic nature of the single-board computer market.

Major players in the market are focusing on introducing next-generation solutions, such as ARM-based single-board computers (SBCs), to cater to evolving customer needs. youyeetoo, a China-based company, launched YY3568 in August 2023, an ARM-based SBC designed for Artificial Intelligence of Things (AIoT) applications. Featuring the Rockchip RK3568 chip platform, YY3568 offers a quad-core 64-bit Cortex-A55 core, with applications spanning industrial automation, transportation, network appliances, entertainment, public services, energy and utilities, data centers, military, and aerospace. This reflects the commitment of industry leaders to providing cutting-edge solutions in the single-board computer market.

In September 2022, Eurotech S.p.A., an Italy-based technology company, acquired InoNet Computer GmbH for USD 11.8 million. This acquisition aimed to expand Eurotech's presence in Germany and accelerate its growth strategy in the Artificial Intelligence of Things (AIoT) edge computing sector. InoNet Computer GmbH, based in Germany, specializes in industrial computer solutions and embedded systems, including single-board computers (SBCs).

Major companies operating in the single board computer market report are Siemens AG, General Electric Company, Intel Corporation, Qualcomm Incorporated, Fujitsu Ltd., Hewlett Packard Enterprise Company, Nvidia Corporation, Texas Instruments Incorporated, Advantech Co Ltd., Kontron AG, Mercury Systems Inc., Digi International Inc., Adlink Technology Inc., Aaeon Technology Inc., SECO S.p.A., Radisys Corporation, American Portwell Technology Inc., VersaLogic Corporation, Eurotech Group plc, WinSystems Inc., NETBurner Inc., Connect Tech Inc., Olimex Ltd., Xilinx Inc., Arbor Solutions Inc.

North America was the largest region in the single-board computer market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the single board computer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the single board computer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The main components of single-board computers are solutions and services. A solution refers to a specific and practical answer to a problem or challenge using technological means. Single-board computers (SBCs) offer a wide range of solutions and applications due to their compact size, low power consumption, and versatility. They can be employed to control smart home devices, such as lighting systems, thermostats, security cameras, and smart appliances. Various processors, including ARM (Advanced RISC Machine), X86 (80x86), Atom, and PowerPC (Performance Optimization with Enhanced RISC - Performance Computing), are utilized by end-users in industries such as industrial automation, aerospace and defense, consumer electronics, healthcare, and others.

The single-board computers market research report is one of a series of new reports that provides single-board computers market statistics, including single-board computers industry global market size, regional shares, competitors with a single-board computers market share, detailed single-board computers market segments, market trends and opportunities, and any further data you may need to thrive in the single-board computers industry. This single-board computers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The single-board computer market consists of revenues earned by entities by providing cost-efficient and energy-efficient computing solutions, customization, and educational or demonstration purposes. The market value includes the value of related goods sold by the service provider or included within the service offering. The single-board computer market also includes sales of microprocessors, random-access memory (RAM), power regulation circuits, and expansion slots or connectors, which are used in providing single-board computer services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).


The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.