Pico-ITX Board Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.
The Pico-ITX board market was valued at approximately USD 150 million in 2022, with a robust compound annual growth rate (CAGR) of 8.5% projected through the forecast period. This growth is driven by the increasing adoption of Pico-ITX boards in applications such as industrial automation, medical devices, and embedded systems, where compact and efficient computing solutions are essential. The rise in the Internet of Things (IoT) and the need for space-saving technology in various sectors have further boosted demand for these compact boards. The market is expected to reach around USD 225 million by 2027, reflecting significant opportunities for innovation and expansion within this niche segment of the electronics industry.
Emerging markets present substantial opportunities for Pico-ITX board manufacturers, particularly in regions experiencing rapid industrialization and technological advancement. Countries in Asia-Pacific and Latin America are witnessing increased investments in smart infrastructure and electronics, which augments the demand for compact and efficient computing solutions. The market is also benefiting from advancements in hardware integration and energy-efficient technologies, which align with the growing need for versatile and high-performance embedded systems. As these regions continue to develop technologically, they offer a fertile ground for market players to explore new growth avenues and capitalize on the expanding applications of Pico-ITX boards.
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VIA Technologies
Inc.
AAEON Technology Inc.
ASRock Inc.
Axiomtek Electronic Shenzhen CO.
Ltd.
GIGABYTE Technology
HECTRONIC
Advantech Co.
Ltd.
DFI
ASUSTeK Computer Inc.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pico-ITX Board Market
Custom Media Center Computers
Car Computers
Small Home Servers
Others
Based on Types the Market is categorized into Below types that held the largest Pico-ITX Board market share In 2023.
4M Award BIOS
8M Award BIOS
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pico-ITX Board Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pico-ITX Board Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pico-ITX Board Market, By Type
6. Global Pico-ITX Board Market, By Application
7. Global Pico-ITX Board Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pico-ITX Board Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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