According to the business intelligence report titled ‘Global Single Board Computer Market Size study, by Processor (ARM, X86, ATOM and PowerPC), By End-User (Industrial Automation, Aerospace & Defense, Consumer Electronics, Healthcare and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global single board computer market was worth USD 694.40 million in 2019 and is predicted to grow at a CAGR of 12% over 2020-2027, subsequently reaching a valuation of 1719.30 million by the end of the forecast duration.
 

As per the findings of the report, rising adoption of IoT (Internet of Things) technologies along with increasing R&D of more compact and affordable products are augmenting global single board computer market size.
 

For those unaware, single board computers are built on a circuit board equipped with all prerequisites such as input/output, microprocessors, and memory. Widespread adoption in kiosk & machine control automation, video poker & slot machines, home computers, and portable devices will continue to stimulate product demand during the forecast duration.
 

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On the contrary, incompatibility of single board computers with most of the processors is expected to impede industry expansion in the forthcoming years.
 

Based on processor type, global single board computer market is bifurcated into PowerPC, ATOM, X86, and ARM.
 

Proceeding further, the end-user terrain of the market is categorized into healthcare, consumer electronics, aerospace & defense, and industrial automation among others.
 

From a regional frame of reference, the overall single board computer industry is fragmented into Asia-Pacific, North America, Europe, Latin America, and rest of the world. Among these, North America single board computer market currently dominates the business sphere and is touted to amass substantial gains through 2027. Increasing investments in smart city projects, along with escalating demand for these computers in IoT-enabled networks are supporting the regional market growth.
 

Elaborating on the competitive arena of global single board computer market, companies are focusing on innovative product launches and strategic collaborations such as mergers, partnerships, and acquisitions to stay afloat amid the intense competition.
 

Top organizations in this industry vertical are Eurotech Group plc, Qualcomm Technologies, Inc., Advantech Co., Ltd., Digi International, Inc., Mercury Systems, Inc., Aaeon Technology, Inc., Intel Corp., Texas Instruments, Inc., Adlink Technology, Inc., and Xilinx, Inc.