Single Board Computer Market in VME technology to grow at 10% CAGR from 2016 to 2024

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Single Board Computer Market to grow at 12.5
CAGR from 2016 to 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Single Board Computer Market

• (SBC) Single Board Computer Market size is set to
  exceed USD 1.2 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• Increasing penetration in the healthcare sector
  is anticipated to drive the single board computer
  market growth over the forecast timeline. SBCs
  are integrated in the medical equipment on a
  large scale owing to high reliability and
  capability of providing efficient healthcare
  solutions and services. Moreover, increasing
  utilization of the devices in other medical
  applications such as customized medical
  monitoring systems, medical electronic devices,
  and fault tolerant wearable computers will
  contribute to the single board computer market
  size in the next eight years.

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Continued...

• High demand across consumer electronics may
  provide huge growth opportunities to the single
  board computer market growth. This can be
  attributed to the rising usage in a variety of
  electronic devices such as mobile phones,
  tablets, and gaming consoles. Rising penetration
  of consumer electronics equipped with SBCs is
  increasing among several end-use industries due
  to reduction in the prices.
• The increasing adoption of artificial
  intelligence coupled with the technology
  advancements such as enhanced reliability offered
  with the integration of SBCs due to increase in
  demand for solving complex problems provide
  lucrative growth opportunities to the single
  board computer market size.
• VME technology segment contributed significantly
  to the single board computer market share,
  primarily due to its ability to be used in rugged
  industrial applications such as controlling
  motors and actuators. In addition, it provides
  real-time computing options and can support
  multi-master CPU arrangements to boost
  performance and processing bandwidth.

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U.S. single board computer market size, by
technology, 2013-2024 (USD Million)

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/708
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Continued...

• U.S. single board computer market share was over
  40 due to the presence of major players
  operating in the industry such as Advantech,
  Allied Electronics. Moreover, high demand across
  aerospace and defense may propel the regional
  growth.
• Advancements in the technology to offer low cost
  and efficient products have instigated the
  adoption across education sector for research
  related projects and among electronics engineers
  professionals involved in the electronics
  design and development.
• Industry participants include VersaLogic Corp.,
  Wandboard, Digi International, Advantech,
  Kontron, Eurotech Group, Adlink Technology,
  Radisys, Advantech, Olimex, Mercury Systems,
  UDOO, American Portwell, Arbor Solutions, Logic
  and NETBurner. Companies are focusing on
  efficient design and expansion of seamless
  connectivity to gain industry share.

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