The Small Form Factor (SFF) Board Market is being driven by Rapid increase in mobile data traffic
The Small Form Factor (SFF) Board Market is expected to grow at a CAGR of 30.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16662.5 million. In the era of Machine-to-Machine (M2M) communication and Internet of Things (IoT) applications, the generation of vast amounts of data is a constant occurrence. This data necessitates efficient management, storage, and retrieval in multiple data centers situated globally. The escalating cloud computing platforms and services, driven by telecom network operators and cloud service providers, necessitate the construction of more data centers. Given the requirement for high-density computing power within restricted physical spaces, Small Form Factor (SFF) boards have become an alluring solution for data center infrastructure. This trend is anticipated to fuel the expansion of the global SFF board market during the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
0 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 30.1% |
Market growth 2025-2029 |
USD 16662.5 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
22.8 |
Key countries |
China, Japan, India, US, South Korea, Australia, Germany, Canada, UK, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Small Form Factor (SFF) board market is witnessing significant growth due to its application in various sectors including Machine-to-Machine (M2M) communication for Internet of Things (IoT) devices in data centers, mobile phones, tablets, transportation, healthcare, industrial, and computer systems. SFF boards are used in SFF cases such as shoeboxes, cubes, and book-sized PCs, and are integrated with components like SSDs, HDDs, 3D NAND, and optical transceivers. Relational analytics, smart SSDs, and smart devices are driving data traffic, while cloud-based services and 5G networks enhance connectivity. LTE cellular networks and IoT devices are key contributors to the market's expansion in the industrial and transportation sectors.
The global electronics market encompasses manufacturers of communications equipment, technology hardware and storage, peripherals, electronic equipment and instruments, electronic components, consumer electronics, and industrial electronics products, as well as electronic manufacturing services. Within this market, the electronic components segment is a significant contributor, producing connectors, capacitors and resistors, coils and inductors, transformers, printed circuit boards (PCBs), and lighting products. According to Technavio, the expansion of the global electronic components market is attributed to the escalating demand for Internet of Things (IoT) devices, particularly in sectors such as data centers, mobile phones, and tablets, which rely heavily on M2M communication and advanced connectivity solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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