The global Microprocessor market size is expected to be worth around US$ 112.86 billion by 2027, according to a new report by Vision Research Reports.
The global Microprocessor market size was valued at US$ 83.2 billion in 2019 and is anticipated to grow at a CAGR of 4.2% during forecast period 2020 to 2027.
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The market is expected to witness an increase in demand at the global level owing to the growing use of microprocessors in consumer electronics, such as smartphones, personal computers (PC)
growing IT industries and increasing data centers have been observed continuously demanding cloud and web-based services. Shifting inclination towards cloud data storage is expected to result in growing demand for servers, further boosting the demand for microprocessors over the forecast years. Besides, there is a surging need to increasingly minimize the size of microprocessors due to the compact size of devices that enable improved processing, speed, and portability, resulting in the growth of the market across the globe.
- The market is anticipated to witness substantial growth during the forecast period owing to rising adoption in various industries, including healthcare and automotive
- By technology, the RISC segment accounted for the largest market share in 2019 owing to its reduced chip complexity, which helps in keeping the instruction size constant without microcode layer or associated overhead
- The smartphones application segment is expected to register the fastest CAGR over the forecast period owing to increasing use of microprocessor within smartphones and tablets across the globe
- Asia Pacific is anticipated to emerge as the fastest growing regional market over the forecast period owing to the presence of a large number of personal computer manufacturers in the region
- New product development and expansion remain the major strategies adopted by the leading manufacturers in the market.
- Advanced Micro Devices (AMD), Inc.
- Intel Corporation
- Toshiba Electronic Devices and Storage Corporation
- Texas Instruments Incorporated
- Qualcomm technologies Inc.
- Taiwan Semiconductor Manufacturing Company Limited
Microprocessor Technology Outlook
Microprocessor Application Outlook
- Personal Computers
- Embedded Devices
Microprocessor Regional Outlook
- North America
- Asia Pacific
- South Korea
- South America
- Middle East & Africa
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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