Motherboard Market Size was valued at USD 12.5 Billion in 2023. The Motherboard Market industry is projected to grow from USD 14.6 Billion in 2024 to USD 44.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17.20% during the forecast period (2024 - 2032). The proliferation of cell phones and constant advancement in motherboards are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Rapid technological breakthroughs, as well as the integration of cutting-edge technologies like the Internet of Things (loT) and artificial intelligence (Al), are driving the motherboard market CAGR. Recent developments in chipset capabilities, data processing, and networking possibilities, for instance, are helping to drive industry expansion. As industries become more complicated and data-centric, there is a growing demand for motherboards that support faster processors, larger memory capacities, and better power management. The advent of Industry 4.0, defined as the digitalization of manufacturing and industrial activities via smart technologies, needs robust computing systems capable of managing large amounts of data analytics, machine learning, and device connection. Industrial motherboards, which are known for their dependability and performance, are critical in enabling these advanced applications, increasing operational efficiency and productivity.
However, the global shift towards industrial expansion and modernization, particularly in emerging countries, reinforces the need for advanced computer solutions. As industrial industries struggle to remain competitive, there is a definite trend towards automating and modernizing facilities using smart technologies. This drive is supported by considerable investments in infrastructure development and industrial automation from both governments and the business sector, with the goal of increasing efficiency and lowering costs. Motherboards play an important part in these modernization efforts, providing the endurance and versatility required to support a wide range of applications in harsh environments.
Additionally, the rapid expansion of the Internet of Things (loT) and the Industrial Internet of Things (IoT) has had a significant impact on the industrial motherboard industry. These technologies require on powerful computer platforms to analyze and handle data, thus industrial motherboards are necessary for their operation. By 2025, there are expected to be 42 billion loT-connected devices globally. It seems to reason that as the number of devices increases, so will the amount of data. That's where Al comes in, giving its learning powers to the connectedness of the lot. The Internet of Things is powered by three essential new technologies: artificial intelligence (Al), 5G networks, and big data. Thus driving the Motherboard Market revenue.
The Motherboard Market segmentation, based on Form Factors, includes ATX, Micro-ATX and Mini-ITX. The ATX category has the biggest market share due to its adaptability and broad use in industrial applications. They include multiple expansion slots, making them perfect for applications that require many peripherals and high-performance components. Furthermore, ATX motherboards often accommodate powerful central processing units (CPUs), several memory slots, and plenty of space for other components such as graphics cards, network cards, and storage devices. Their adaptability makes them the favored choice in areas requiring great computing power and scalability, such as automated manufacturing, data centers, and server applications.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Industrial and Commercial are the two end-user industries in the Motherboard Market. The industrial category has the highest share of the end-user segment. The market for industrial motherboards is expanding as suppliers release highly integrated components in a variety of form factors. For instance, in October 2021, ASUS IoT announced N51051I-IM-A, a Mini-ITX industrial motherboard designed for the Intel Celeron N5105 quad-core processor. With numerous I/O ports, advanced connectivity, and flexible customization in a compact board, N51051I-IM-A is ideal for space-constrained installations.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North America Motherboard Market is expected to have the greatest market share by the end of 2032. A strong manufacturing sector, a high level of automation and Internet of Things adoption across various industries, and an advanced technological infrastructure propels the North American motherboard market. Furthermore, the region is leading the way in innovation and the incorporation of cutting-edge technologies across many industries, such as aerospace, defense, and automotive.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Motherboard Market accounts for the second-largest market share. This region has a significant demand for modern and dependable computing solutions, which reflects its mature industrial landscape and tight regulatory framework. The push for digital transformation and Industry 4.0 in these locations increases demand for industrial motherboards. Further, the German Motherboard Market held the largest market share, and the UK Motherboard Market was the fastest-growing market in the European region.
The Asia-Pacific Motherboard Market is expected to grow at the fastest CAGR from 2024 to 2032. The region's emphasis on manufacturing, combined with major expenditures in automation and smart technologies, creates a favorable environment for the growth of the motherboard industry. Moreover, China’s Motherboard Market held the largest market share, and the Indian Motherboard Market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Motherboard Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Motherboard industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Motherboard industry to benefit clients and increase the market sector. In recent years, the Motherboard industry has offered some of the most significant advantages to computing. Major players in the Motherboard Market, including GIGA-BYTE Technology Co. Ltd, ASRock Inc., MiTAC Computing Technology Corporation (MiTAC Group), ASUSTeK Computer Inc., and others, are attempting to increase market demand by investing in research and development operations.
ADLINK Technology Inc. develops and manufactures products for embedded computing, test & measurement, and automation applications. ADLINK's product offerings include computer-on-modules, industrial motherboards, data acquisition modules, and entire systems. ADLINK is headquartered in Taiwan and operates in Beijing, Mannheim, Paris, San Jose, Seoul, Shanghai, Shenzhen, Singapore, and Tokyo. ADLINK sells to OEMs and system integrators. In November 2023, ADLINK Technology Inc. introduced the IMB-M47, a new industrial motherboard with improved performance, more capacity, and a next-generation GPU.
Gigabyte Technology is a Taiwanese manufacturer and distributor of computer hardware. Gigabyte's main business is motherboards. It shipped 4.8 million motherboards in the first quarter of 2015, making it the biggest motherboard vendor. Gigabyte also makes bespoke graphics cards and laptop computers (including thin and lightweight laptops under the Aero brand). In September. 2022, GIGABYTE TECHNOLOGY Co. Ltd, a motherboard, graphics card, and hardware solutions provider, has announced the release of the Z790 AORUS gaming motherboards, which are specifically designed for 13th Generation Intel Core CPUs. GIGABYTE Z790 AORUS motherboards are totally next-generation ready, with support for PCIe 5.0 graphics cards and SSDs. GIGABYTE Z790 AORUS motherboards, with their overall performance, power management, thermals, and audio capabilities, certainly take computing power to the next level.
In August 2023, Avalue Technology Inc. introduced the EMX-RPLP Mini-ITX wide-temperature motherboard, which ensures steady operation in harsh situations.
In December 2022, Advantech improved its industrial motherboards with 12th-generation Intel Core processors.
In June 2022, the next ASUS PRO WS W790E-SAGE motherboard, which is likely to handle Intel's next-generation Sapphire Rapids Fishhawk Falls HEDT CPUs, was seen. The upcoming edition of the hardware diagnostic application is planned to have expanded sensor monitoring capability for the yet-to-be-delivered motherboard. The ASUS SAGE motherboard series has always been geared for HEDT CPU families, with the most recent being for AMD's Ryzen Threadripper in WRX80 flavor and SAGE II for Intel's Core-X family on the X299 Chipset.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 12.5 Billion |
| Market Size 2024 | USD 14.6 Billion |
| Market Size 2032 | USD 44.4 Billion |
| Compound Annual Growth Rate (CAGR) | 17.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019-2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Form Factor, End User and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | GIGA-BYTE Technology Co. Ltd, ASRock Inc., MiTAC Computing Technology Corporation (MiTAC Group), ASUSTeK Computer Inc., Super Micro Computer, Inc., Advantech Co. Ltd, Biostar Group, Micro-Star INT'L CO. LTD, EVGA Corporation, Acer Inc., Shenzhen Seavo Technology Co. Ltd, Sapphire Technology Limited. |
| Key Market Opportunities | · Significant increase in smart factory initiatives |
| Key Market Dynamics | · Increasing demand for sturdy and reliable components |
Frequently Asked Questions (FAQ) :
The Motherboard Market size was valued at USD 12.5 Billion in 2023.
The global market is projected to grow at a CAGR of 17.20% from 2024 to 2032.
North America had the largest share in the global market
The key players in the market are GIGA-BYTE Technology Co. Ltd, ASRock Inc., MiTAC Computing Technology Corporation (MiTAC Group), ASUSTeK Computer Inc.
The Advanced Technology eXtended (ATX) category dominated the market in 2023.
The industrial category had the largest share of the global market.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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