Global Microprocessor Market is valued at USD 88.26 Billion in 2021 and is expected to reach USD 119.06 Billion by 2028 with a CAGR of 4.37% over the forecast period.
The Microprocessor is a computer processor in which the data processing logic and control is included, also it is a central unit of a computer system that perform the logic operation and arithmetic operations, which includes addition, subtraction, and transfer of number from one area to another area and comparing two numbers. Additionally, the microprocessor accepts input as binary data which then processes that data and then provides output based on the instructions stored in the memory. The data is been processed by using the microprocessors arithmetical and logical unit, control unit, and register array.
The Covid-19 pandemic has surged the demand of microprocessors owing to the increased use of supercomputers among research businesses, governments and institutes increases. These supercomputers uses high-performance AI processors and GPU accelerators to support the production of medicine and therapeutics to cure and combat the Covid-19 virus.
The Global Microprocessor market is segmented on the basis of technology, application, vertical and region & country level. On the basis of technology, the global microprocessor market is classified as CISC, RISC, ASIC, superscalar, DSP. On the basis of application, the global microprocessor market is classified into smartphones, personal computers, servers, tablets, embedded devices, others.
Global Microprocessor Market report covers prominent players like
On January 18th, 2022; Samsung Electronics, announced its new premium mobile processor, the Exynos 2200. The Exynos 2200 is a freshly designed mobile processor with a powerful AMD RDNA 2 architecture-based Samsung Xclipse graphics processing unit (GPU). With the most cutting-edge Arm-based CPU cores available in the market and an upgraded neural processing unit (NPU), the Exynos 2200 will enable the ultimate mobile phone gaming experience, as well as enhancing the overall experience in social media apps and photography.
On July 6th, 2021; India’s home-grown computer microprocessor ‘Shakti’ would henceforth be available for techies across the world, to design their own embedded systems. This is possible owing to a collaboration between IIT Madras, which designed and developed Shakti, and US-based global technology company Altair. An embedded system is a small device that forms a part of a larger system and its purpose is to control the system and also interact with the user. Embedded systems have only one or a few limited tasks that they can perform. Altair Embed supports more than 1200 microcontrollers and processors from leading vendors, including Texas Instruments, STMicroelectronics, Arduino, and Raspberry Pi. India’s home-grown microprocessor Shakti has also joined.
On September 26th, 2020; Researchers from Indian Institute of Technology (IIT) Madras successfully developed an indigenous microprocessor for IoT devices. The microprocessor is named as MOUSHIK. The institute claims that this microprocessor is a combination of a processor and system on a chip that caters to rapidly growing IoT devices. Digital India's push for smart cities has increased the adoption of the internet of things (IoT) devices.
Increasing demand of consumer electronics such as smartphones, PCs and etc. at the global level is one of the major factors driving th demand for microprocessors. For example; the increasing need of smartphone with the speedy operation which can be used for the gaming, entertainment and other such official work. The smartphone speed is directly depend on the microprocessors used in the smartphone. Therefore, the growing sales of smartphones will leads to drive the market growth. The smartphones have many microprocessors and microcontrollers installed in it. The main processor is a microprocessor is a bus to communicate with memory on separate, and other busses to communicate with the rest of the devices. Bus have some of the controllers, like the display controller, that’s why it have some of the features of microcontrollers. The cellular chipset usually have a microprocessor or a microcontroller which blurs the lines. The new smartphones often inclined more toward microprocessors for the RF chipset.
The growth in the IT sectors and improving IoT Infrastructure are also supplementing the growth of the microprocessor market. The growing industrialization where microprocessor plays a main role in many home appliances such as dish washer, washing machine, microwave oven, and many others, and also microprocessor is used to control the pressure, speed, and temperature in heavy industries. For example; in 2018, Samsung partnered with Avnet, Inc. a technology on Chip and ASIC solutions provider. The partnership was deliberated to involve both the companies in designing and manufacturing ASIC which helps the customers in obtaining advantages from the latest and improved ASIC design solutions which implemented with silicon ICs and advanced technologies.
However, there is a restriction of data size in microprocessors, and physical heating which may affect the growth of the industry. In spite of that, the factors such as change in the lifestyle of consumers, rising disposable income increases the probability of consumer spending on media, entertainment, and networking and mobile communication may lead to higher potential sales of smartphones and may offer more growth opportunities for he further growth of the market.
The Asia Pacific is expected to dominate the global microprocessor market due to the growing penetration of smartphones and other electronics, such as PC, laptops, mobiles, desktops, and tablets, and many other such electronic gadgets in the region. Asia-Pacific is the major manufacturer of electronic microprocessor with almost around 1.3 billion smartphones and 340 million PC’s that uses various microprocessors. By 2023 China is expected to be leading the region in microprocessor market. Additionally developing economies such as India, Japan and China are also supporting the growth of market due to different factors like speedy digitization, growing adoption of high-tech gadgets, and advancement of automotive electronics. Moreover, increasing usage of the Internet of Things (IoT), huge spending on IT infrastructure by the government, and growing demand for cloud-based services are expected to drive the regional microprocessor market. Furthermore, the consumer electronics market size was valued at USD 400 billion in 2020 in Asia Pacific, this is due to the rapid urbanization and increasing disposable income in the region are some of the major factors which leads to increasing the usage of consumer electronics in high and middle-income households. This generates a positive effect on the microprocessor market as it is used widely in the consumer electronics sector, which increases the demand of microprocessors in this region.
North America is expected to show significant growth in the global microprocessor market due to the remarkable presence of key players in the region, such as Texas Instruments Inc., Intel Corporation., Qualcomm Technologies Inc., google, and many others. Additionally, the high development of consumer electronics products, healthcare monitoring systems and electric and hybrid vehicles is also contributing to the growth of market.
Europe is expected to witness a positive growth in the microprocessor market due to the government initiative, increasing disposable income of customers, increasing R&D activity and many others. Many companies are investing to develop more innovative microprocessor. For example; the European Processor Initiative is a European processor project which is designed and built a new family of European low power processors for supercomputers, automotive, big data and offering high performance on traditional HPC applications.
|2015 - 2020
|2021 - 2028
|Market Size in 2021:
|USD 88.26 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 119.06 Billion
|Tables, Charts & Figures:
|Atos, Toshiba Electronic Devices and Storage Corporation, Intel, Avegant Corporation, Google, Inc., Displair, Inc., Zebra Imaging, Inc., Microsoft Corporation, Holoxica Ltd., RealView Imaging Ltd., Leia Inc., Microvision Inc., and Kapsys and others.
|By Technology, By Application
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
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