PUBLISHER: Lucintel | PRODUCT CODE: 1416671
PUBLISHER: Lucintel | PRODUCT CODE: 1416671
Microprocessor Trends and Forecast
The future of the global microprocessor market looks promising with opportunities in the smartphone, personal computer, server, tablet, and embedded device applications. The global microprocessor market is expected to reach an estimated $159.3 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are continual growth of IoT and IT industries and growing demand for high performance and energy-efficient processors.
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Microprocessor by Segment
The study includes a forecast for the global microprocessor by technology, application, and region.
Microprocessor Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
Microprocessor Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Microprocessor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Microprocessor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microprocessor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microprocessor companies profiled in this report include-
Microprocessor Market Insights
Lucintel forecasts that RISC is expected to witness the highest growth over the forecast period.
Within this market, personal computer is expected to witness the highest growth due to significant use of microprocessor in this gadget because of their various advantages, such as enhanced storage capacity, improved volatile memory, logical capabilities, expanded operating system activities, and lessen power consumption.
APAC is expected to witness highest growth over the forecast period due to extensive usage of electronic gadgets among population and ongoing expansion of chip manufacturing units in the region.
Features of the Global Microprocessor Market
Market Size Estimates: Microprocessor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microprocessor market size by technology, application, and region in terms of value ($B).
Regional Analysis: Microprocessor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the microprocessor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microprocessor market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the microprocessor market size?
Answer: The global microprocessor market is expected to reach an estimated $159.3 billion by 2030.
Q2. What is the growth forecast for microprocessor market?
Answer: The global microprocessor market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the microprocessor market?
Answer: The major drivers for this market are continual growth of IoT and IT industries and growing demand for high performance and energy-efficient processors.
Q4. What are the major segments for microprocessor market?
Answer: The future of the microprocessor market looks promising with opportunities in the smartphone, personal computer, server, tablet, and embedded device applications.
Q5. Who are the key microprocessor market companies?
Answer: Some of the key microprocessor companies are as follows:
Q6. Which microprocessor market segment will be the largest in future?
Answer: Lucintel forecasts that RISC is expected to witness the highest growth over the forecast period.
Q7. In microprocessor market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to extensive usage of electronic gadgets among population and ongoing expansion of chip manufacturing units in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.