Enjoy complimentary customisation on priority with our Enterprise License!
The Small Form Factor (SFF) Board Market size is estimated to grow at a CAGR of 15.92% between between 2023 and 2028. The market size is forecast to increase by USD 3,452.34 million. The growth of the market depends on several factors, including the rapid increase in mobile data traffic, the increased deployment of next-generation LTE wireless networks, and demand for wireless computing devices, and the growing adoption of SBCs. A small form factor (SFF) board integrates both analog and digital circuits. SFF boards do not come in standard sizes but in different form factors. They are rugged, durable, customizable, and application-ready. They are used in SFF PCs and single-board computers (SBCs).
This SFF board market report extensively covers market segmentation by distribution channel (offline and online), end-user (industrial, retail, healthcare, transportation, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
To learn more about this report, View Report Sample
One of the key factors driving the SFF board market growth is the rapid increase in mobile data traffic. The increasing use of tablets, smartphones, and other wireless communication devices has resulted in a rapid increase in mobile data traffic. In addition, the increase in mobile video content significantly contributes to the market growth. For instance, by 2025, the amount of mobile data crossing a network will exceed 45 exabytes per month, and video traffic will account for more than 73% of the total data consumed.
\Moreover, the growth in video traffic is influenced by various factors, such as a large screen size with high resolution that offers an ultra-HD video streaming experience. In addition, mobile network operators are increasingly focusing on enhancing the network infrastructure in order to improve the network capacity and reduce the cost per bit. Hence, such factors are positively impacting the small form factor board market. Therefore, it is expected to drive the market growth during the forecast period.
A key factor shaping the SFF board market growth is the growing demand for data centers. IoT applications are generating large volumes of new data every minute with the rise in machine-to-machine (M2M) communication. In addition, this data has to be managed, stored, and retrieved in several data centers located across the world.
Moreover, the growing amount of data in the cloud increases the need for the development of data centers. In addition, as the cloud computing platform and services are growing exponentially, telecom network operators and cloud service providers are investing heavily in the construction of data centers across the world. Hence, such factors are positively impacting the small form factor board market. Therefore, it is expected to drive the market growth during the forecast period.
The increasing technological complexity of SFF boards is one of the key challenges hindering the SFF board market growth. Electronic device market players are developing faster, smaller, and more efficient products because of the increasing demand for consumer electronics, computers, and communication devices. As a result, this is encouraging semiconductor manufacturers to increase the development and adoption of new technologies.
Moreover, the technological complexity of SFF boards is increasing with the integration of more features and functions in SFF boards to meet the growing demands of end-users. As a result, this makes the designing of SFF boards difficult for manufacturers and leads to a delay in production and an increase in expenditure. Hence, such factors are negatively impacting the SFF board market. Therefore, it is expected to hinder the market growth during the forecast period.
The offline segment is estimated to witness significant growth during the forecast period. The offline segment can be referred to as the traditional way of selling a product through physical stores where customers can interact directly with the product prior to making a purchase. In addition, the SFF board market is classified by a variety of offline distribution channels, which are important for reaching a broad range of customers, particularly those who prefer an in-person experience and value face-to-face interactions.
Get a glance at the market contribution of various segments View Free PDF Sample
The offline segment was the largest segment and was valued at USD 1,059.04 million in 2018. Moreover, these channels are composed of various intermediaries, including distributors and wholesalers, as well as retailers, who are essential for connecting manufacturers to end-users. In addition, this segment offers a wide range of benefits. For instance, this segment enables them to gain firsthand knowledge of the product's dimensions, shape, and other physical characteristics, thus aiding them in making informed purchasing decisions. Additionally, it enables customers to access the expertise of sales representatives selling SFF board, who are equipped with product knowledge, technical proficiency, and recommendations that are tailored to the individual needs of the customer. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
The growing investment in the oil and gas industry will fuel the industrial segment which in turn drives the market growth. There is a significant chance of causing damage to the workforce across manufacturing units. As a result, they need to abide by environmental laws related to carbon emissions. In addition, SBCs are used to control and monitor safety measures. In addition, reduced instruction set computer (RISC)--based SBCs (integrated with SFF boards) are designed for energy efficiency. Moreover, the demand for natural gas is increasing in countries such as China, as it releases lower amounts of sulfur and other pollutants, which helps in curbing air pollution. Furthermore, to meet the rising demand for natural gas, enterprises and governments of various countries are investing in enhancing their domestic production of natural gas. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 70% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The main driver that significantly contributes to the small form factor (SFF) board market growth in the region is the Broadband China Strategy and Implementation Plan that was launched by the Chinese government in 2013.
In addition, several developing countries, such as China, India, and Malaysia are witnessing major growth in the telecom sector. For instance, India's telecom sector is growing at a rapid pace, and it had more than 1 billion mobile subscribers in 2021. Furthermore, the developing countries, the smartphone and tablet PC market is fuelled by the adoption of phones by new users, which is leading to an increase in mobile data traffic. Hence, such factors are driving the market growth in APAC during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global SFF board market witnessed a significant slowdown due to the slowdown in the growth of consumer electronics and automotive industries. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the recovery of these industries. Such factors are expected to drive the market during the forecast period.
The SFF board market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global SFF Board Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ADLINK Technology Inc: The company offers SFF board such as LittleBoard 735 which is extreme rugged EBX single board.
Advantech Co. Ltd: The company offers SFF boards such as ASMB 588, ASMB 788, and ASMB 610V3.
American Portwell Technology Inc: The company offers SFF board such as WUX 3455 with powerful parallel computing providing visual communications and real time computing solutions in digital signage, automation, medical and IoT applications.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The SFF board market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
SFF Board Market Scope |
|
Report Coverage |
Details |
Page number |
176 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.92% |
Market growth 2024-2028 |
USD 3,452.34 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
15.55 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 70% |
Key countries |
US, Taiwan, Japan, China, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
AAEON Technology Inc., ADLINK Technology Inc., Advantech Co. Ltd., American Portwell Technology Inc., AMETEK Inc., congatec GmbH, Emerson Electric Co., EUROTECH Spa, Intel Corp., Kontron AG, Mercury Systems Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Reliance Industries Ltd., Super Micro Computer Inc., TechNexion Ltd., Texas Instruments Inc., Toradex AG, and WINSYSTEMS Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.