According to the report, the global microprocessor market was around USD 7,730 million in 2018 and is expected to reach approximately USD 8,894 million by 2025, at a CAGR of around 2.01% between 2019 and 2025.
New York, NY, May 10, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Microprocessor Market By Architecture (X86, MIPS, Power, ARM, and SPARC), By Type (Direct Memory Access Controller, Analog-To-Digital and Digital-To-Analog Converter, Video Graphics Adapter, Peripheral Component Interconnects Bus, Discrete Graphics, Universal Serial Bus, Integrated Graphics, and Others), By Application (Smartphones, Personal Computers, Servers, Tablets, Embedded Devices, and Others), and By Vertical (Server, Automotive, Aerospace and Defense, Consumer Electronics, Banking, Financial Services, and Insurance (BFSI), Medical, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global microprocessor market was around USD 7,730 million in 2018 and is expected to reach approximately USD 8,894 million by 2025, at a CAGR of around 2.01% between 2019 and 2025.
A microprocessor accomplishes all the important functions of a computer. Perilous functionalities make them tremendously useful in semiconductor engineering. The global microprocessor market is sturdily driven by increasing product demand across the world. Technological progression and graphic-based superiority are anticipated to create new growth opportunities for the market in the future. The microprocessor market globally is expected to grow significantly in the future, owing to the growing acceptance of smartphones and tablets. Furthermore, the implementation of cloud computing is correspondingly driving the microprocessor market expansion. The augmented use of microprocessors in numerous applications is another major driver boosting the global microprocessor market. However, the declining shipment of individual computers, high raw material prices, and the growing sales of low-priced mobile devices may hamper the progress of the global microprocessor market. Groundbreaking microprocessors are currently fetching supplementary performance as compared to big operators’ requirement. Mobile processors are nowadays becoming more significant in a growing microprocessor industry.
Browse through 139 Tables & 64 Figures spread over 110 Pages and in-depth TOC on “Global Microprocessor Market: Size, Share, Product, Technology, Analysis and Forecast, 2018–2025”.
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The global microprocessor market is segmented on the basis of architecture, type, application, and vertical. By architecture, the microprocessor market includes X86, ARM, MIPS, Power, and SPARC. The X86 architecture segment is expected to hold the largest share of the market in the future, owing to its huge application in consumer electronics. By type, the market includes integrated graphics, discrete graphics, video graphics adapter, analog-to-digital and digital-to-analog converter, peripheral component interconnects bus, universal serial bus, direct memory access controller, and others. By application, the microprocessor market includes smartphones, personal computers, servers, tablets, embedded devices, and others. Personal computers held the largest market share in 2018 due to its growing use in people’s day-to-day lives. By vertical, the market includes consumer electronics, server, automotive, banking, financial services, and insurance (BFSI), aerospace and defense, medical, and industrial. Automotive applications include ADAS and infotainment systems, which are extensively being accepted and used by car manufacturers. The rising demand for unmanned aerial vehicles (UAVs) or drones in the entertainment application is further pushing the progress of the global microprocessor market.
By region, North America is expected to hold a significant share of the global microprocessor market over the projected time period, owing to the presence of leading market players operating in the target market in the region. For instance, in July 2017, Intel Corporation (INTC) introduced Xeon Scalable - an energy-efficient processor with a key purpose to expand its portfolio. Alternatively, in June 2017, Advanced Micro Devices (AMD) launched EPYC 7000 series - a high-performance processor to meet the growing demand for low-energy, high-computing efficacy server software.
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Huge spending for continuous R&D by the leading market players is projected to augment the expansion of the microprocessor market in Europe. For instance, in March 2018, The European Commission declared the selection of the Consortium European Processor Initiative (EPI) to develop, co-design, and introduce a low-power microprocessor to the European market. This technology, with extremely improved performance and power, is one of the essential components required for the growth of the European Exascale machine.
The Asia Pacific is projected to hold the largest share of the global microprocessor market over the forecast time period. This can be attributed to the existence of main corporations in the region, such as Rockchip (China), Mediatek (Taiwan), Samsung (South Korea), Spreadtrum (China), Toshiba (Japan), and Renesas (Japan), which offer microprocessor solutions. Additionally, the Asia Pacific region has a greater penetration of consumer electronics like laptops, mobiles, desktops, and tablets. For instance, Asia Pacific is a massive producer of electronic microprocessor and manufacturers about 340 million PCs and around 1.3 billion units of smartphones. The rising trends of the internet of things (IoT), growing demand for cloud-based services, and huge IT spending by the government are likely to drive this regional market’s growth in the years ahead.
Browse the full “Microprocessor Market By Architecture (X86, MIPS, Power, ARM, and SPARC), By Type (Direct Memory Access Controller, Analog-To-Digital and Digital-To-Analog Converter, Video Graphics Adapter, Peripheral Component Interconnects Bus, Discrete Graphics, Universal Serial Bus, Integrated Graphics, and Others), By Application (Smartphones, Personal Computers, Servers, Tablets, Embedded Devices, and Others), and By Vertical (Server, Automotive, Aerospace and Defense, Consumer Electronics, Banking, Financial Services, and Insurance (BFSI), Medical, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/microprocessor-market
The microprocessor market in the Middle East and Africa and Latin America is projected to show comparatively low growth in the upcoming years, owing to the huge population growth and rapid industrialization.
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Some major players operating in the global microprocessor market are AMD, Samsung Electronics, Nvidia Corporation, ARM Holdings, Intel Corporation, and Qualcomm.
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This report segments the global microprocessor market into:
Global Microprocessor Market: Architecture Analysis
Global Microprocessor Market: Type Analysis
- Integrated Graphics
- Discrete Graphics
- Video Graphics Adapter
- Analog-To-Digital and Digital-To-Analog Converter
- Peripheral Component Interconnects Bus
- Universal Serial Bus
- Direct Memory Access Controller
Global Microprocessor Market: Application Analysis
- Personal Computers
- Embedded Devices
Global Microprocessor Market: Vertical Analysis
- Consumer Electronics
- Banking, Financial Services, and Insurance (BFSI)
- Aerospace and Defense
Global Microprocessor Market: Regional Analysis
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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