Microprocessors, often referred to as central processing units (CPUs), are the brains of computers and many electronic devices, executing instructions that run operating systems and applications. GPUs, or Graphics Processing Units, on the other hand, are specialized electronic circuits designed to rapidly manipulate and alter memory to accelerate the creation of images in a computer system.
The microprocessors and GPU market consists of sales of microprocessors and GPUs by entities (organizations, sole traders or partnerships) that manufacture microprocessors and GPUs that are integral to the functioning of various electronic devices, including computers, smartphones, gaming consoles and other electronic devices.
The global microprocessor and GPU market was valued at $78,885.4 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 5.0%.
Strong Economic Growth In Emerging Markets
The microprocessors and GPUs market benefited from strong economic growth in developing countries during the historic period. The economic growth of developing countries led to growth in the overall microprocessors and GPUs industry, supporting the demand for consumer electronics. For instance, China's GDP grew from $12.84 trillion in 2017, to $17.94 trillion in 2022. According to the International Monetary Fund (IMF), emerging markets and developing economies together registered a growth of 4.5% in 2018, which increased to 6.1% in 2021. Therefore, strong economic growth in emerging markets supported the growth of the microprocessor and GPU market.
Focus On The Launch Of High-Performance Processors With Advanced Features
Major players in the microprocessor and GPU market are emphasizing on designing and developing new high performance processors with advanced features to gain a competitive advantage in the market. High-performance processors with advanced features involves cutting-edge computing capabilities, incorporating innovative architectures, enhanced multi-core processing and efficient power management for optimal speed and efficiency. For example, in February 2021, Nvidia, a US-based technology company, launched its most affordable desktop GPU with ray tracing, the GeForce RTX 3060.
This graphics card provides gamers and producers with realistic and immersive images via ray tracing, which replicates how light interacts in the actual world. It delivers twice as faster performance and 10x the ray tracing performance, compared to the company's older GeForce GTX-series product, the GeForce GTX 1060. Moreover, it offers previous-gen gamers a massive upgrade, with high fidelity graphics, fast frame rates and game-changing features such as NVIDIA Reflex and NVIDIA DLSS.
The global microprocessor and GPU market is concentrated, with a few large players operating in the market. The top ten competitors in the market made up to 46.6% of the total market in 2022.
Microprocessor and GPU Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global microprocessor and GPU market as it emerges from the COVID-19 shut down.
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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 history and forecasts market growth by geography. It places the market within the context of the wider microprocessor and GPU market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by architecture, by type and by application.
- Key Trends Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the microprocessor and GPU market.
- Global Market Size And Growth Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country
- Market Segmentation Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type and by application in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for Microprocessor and GPU providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
- Scope Markets Covered:
- 1) By Architecture: X86; ARM; MIPS; Power; SPARC
- 2) By Type: Discrete; Integrated
- 3) By Application: Consumer Electronics; Server; Automotive; Aerospace; Defense; Medical; Other Applications
- Companies Mentioned: Intel Corporation; Nvidia Corporation; Qualcomm Technologies Incorporated; Samsung Electronics; Advanced Micro Devices, Inc.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia.
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; microprocessor and GPU indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.