PUBLISHER: The Business Research Company | PRODUCT CODE: 1436489
PUBLISHER: The Business Research Company | PRODUCT CODE: 1436489
The Microprocessor and GPU company is engaged in manufacturing microprocessors and GPUs. A microprocessor is a miniature electronic device that includes logic, arithmetic, and control circuitry to perform central processing unit functions in a computer. The GPU, or graphics processing unit, is used in applications such as graphics and video rendering.
The microprocessor and GPU market architecture comprises X86, ARM, MIPS, Power, and SPARC. X86 is an instruction set architecture (ISA) series for computer processors, defining how processors handle and execute instructions from the operating system and software programs. ARM is a family of reduced instruction set computing (RISC) architectures for computer processors, popular in portable and low-powered devices such as smartphones and notebooks. MIPS (Microprocessor without Interlocked Pipelined Stages) is a reduced instruction set computer (RISC) ISA with register-based architecture. Power architecture is an ISA implemented by various processors to exploit parallelism at different levels. SPARC (Scalable Processor Architecture) is a RISC ISA with 32- and 64-bit microprocessors designed for high scalability and fast execution rates. GPUs come in discrete and integrated types. Discrete GPUs are separate from the processor with dedicated memory, while integrated GPUs are built into the processor, using shared system memory. These technologies are used across sectors such as consumer electronics, servers, automotive, BFSI, industrial, aerospace & defense, medical, and others.
The microprocessor and GPU market research report is one of a series of new reports from The Business Research Company that provides microprocessor and GPU market statistics, including microprocessor and GPU market industry global market size, regional shares, competitors with a microprocessor and GPU market share, detailed microprocessor and GPU market segments, market trends and opportunities, and any further data you may need to thrive in the microprocessor and GPU market industry. This microprocessor and GPU market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The microprocessor and gpu market size has grown strongly in recent years. It will grow from $106.77 billion in 2023 to $115.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth during the historical period can be attributed to advancements in manufacturing technology, the boom in cryptocurrencies, the transition to cloud computing, the development of artificial intelligence (AI) and machine learning (ML), and the revolution in mobile technology.
The microprocessor and gpu market size is expected to see strong growth in the next few years. It will grow to $167.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The projected growth in the forecast period is propelled by several factors: the evolving trends in the gaming industry, a heightened demand for energy-efficient solutions, advancements in AI and machine learning, the expansion of edge computing, the growth of the Internet of Things (IoT), and the evolution of data centers. Major trends expected during this period encompass the increasing demand for energy efficiency across industries, the rise of augmented reality (AR) and virtual reality (VR) technologies, the development and integration of blockchain and cryptocurrency applications, advancements within the automotive industry, and the rollout of 5G networks.
The expanding integration of Internet of Things (IoT) enabled devices and equipment is set to have a favorable influence on the microprocessor and GPU market in the projected period. IoT refers to a network of interconnected computing devices sharing data over the internet. Globally, there's a surging demand for IoT-enabled devices due to their manifold advantages, including heightened connectivity, speed, accessibility, improved time management, and remote functionality, among others. GPU databases, by amalgamating machine learning and online analytical processing, furnish IoT with speed, scalability, and intelligence. This integration enables real-time insights that lead to quicker actions and informed decisions. According to the DataPort report, there were over 10 billion active IoT devices in 2021, and this figure is anticipated to surpass 25.4 billion by 2030. Consequently, the escalating adoption of Internet of Things (IoT) enabled devices is expected to positively influence the growth trajectory of the microprocessor and GPU market in the forthcoming period.
The burgeoning expansion of the gaming industry is poised to drive the growth of the microprocessor and GPU market in the foreseeable future. The gaming industry encompasses various business activities involving the creation, development, production, distribution, and monetization of video games. Microprocessors play a crucial role in handling overall system control and general computing tasks within gaming systems, while GPUs are instrumental in rendering graphics, delivering realistic visual experiences, and enabling high-performance gameplay. For instance, as reported by the Entertainment Software Association in July 2023, US consumers expended $59.6 billion on video games in 2021, marking an increase from $56.1 billion in 2020. Consequently, the expanding scope of the gaming industry remains a significant driver propelling the growth of the microprocessor and GPU market.
A significant trend in the microprocessor and GPU market involves the continual release of powerful, high-performance chips. Key players in this industry are focusing on designing and developing new processors embedded with advanced features to secure a competitive edge. For instance, in February 2021, Nvidia introduced its most budget-friendly desktop GPU featuring ray tracing capabilities-the GeForce RTX 3060. This GPU showcases twice the raster performance and a remarkable 10x improvement in ray tracing performance compared to Nvidia's older GeForce GTX-series product, the GeForce GTX 1060. Additionally, it presents a substantial upgrade for previous-generation gamers, boasting high fidelity graphics, rapid frame rates, and groundbreaking features such as NVIDIA Reflex and NVIDIA DLSS. This strategic release emphasizes Nvidia's commitment to pushing boundaries and offering enhanced performance and cutting-edge technology in the microprocessor and GPU market.
Major players in the microprocessor and GPU market are introducing new products, such as mobile processors, to gain a competitive advantage. Mobile processors, also known as smartphone or mobile device processors, are integrated circuits specifically designed to serve as the central processing unit (CPU) in devices such as smartphones, tablets, and other portable gadgets. For example, in January 2022, Samsung Electronics Co. Ltd., a South Korea-based electronics giant, unveiled the Exynos 2200, a premium mobile processor. This processor boasts a robust AMD RDNA 2 architecture-based Samsung Xclipse GPU, equipped with hardware-accelerated ray tracing and variable rate shading capabilities. The Xclipse GPU, a result of collaboration with AMD, sits between console and mobile processors, aiming to revolutionize the mobile gaming experience. Additionally, the processor integrates Arm's latest Armv9 CPU cores, features a tri-cluster CPU structure, enhanced 5G connectivity, advanced security elements, and a redesigned image signal processor (ISP) supporting ultra-high-resolution image sensors and 8K video recording. The Exynos 2200 promises an elevated visual experience and has entered mass production.
In February 2022, Advanced Micro Devices Inc., a semiconductor company headquartered in the US, completed the acquisition of Xilinx Inc. for $35 billion. This strategic move has notably bolstered AMD's presence in the high-performance and adaptive computing market. The acquisition has enabled AMD to establish a comprehensive portfolio comprising leading CPUs, GPUs, FPGAs, and Adaptive SoCs (System on Chips), broadening its scope to address a larger market opportunity estimated at $135 billion, spanning across cloud services, edge computing, and intelligent devices. Xilinx Inc., also based in the US, specializes in developing flexible processing platforms for various technologies within the semiconductor and technology sectors.
Major companies operating in the microprocessor and gpu market report are Apple Inc., Samsung Electronics Co. Ltd., Huawei HiSilicon Technologies Co. Ltd., Intel Corporation, Qualcomm Incorporated, Broadcom Inc., NVIDIA Corporation, Advanced Micro Devices Inc. (AMD), Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics N.V., Renesas Electronics Corporation, NXP Semiconductors N.V., Analog Devices Inc., United Microelectronics Corporation, Microchip Technology Inc., Marvell Technology Group Ltd., Toshiba Corporation, Winbond Electronics Corporation, Xilinx Inc., Hua Hong Semiconductor Ltd., Cypress Semiconductor Corporation, Maxim Integrated Products Inc., Cirrus Logic Inc., Allwinner Technology, Spreadtrum Communications, Episil Technologies Corporation, Rockchip Electronics Co. Ltd., Imagination Technologies Limited, Silicon Mitus Corporation
Asia-Pacific was the largest region in the microprocessor and GPU market in 2023. The regions covered in the microprocessor and gpu market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microprocessor and gpu market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The microprocessor and GPU market consists of sales of arithmetic logic unit (ALU), floating point unit (FPU), registers and cache memory. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Microprocessor And GPU Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on microprocessor and gpu market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for microprocessor and gpu ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The microprocessor and gpu market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.