Global Microprocessor Market 2024-2028
Global Microprocessor Market 2024-2028
The microprocessor market is forecasted to grow by USD 44.2 bn during 2023-2028, accelerating at a CAGR of 7.33% during the forecast period. The report on the microprocessor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for smartphones and tablets, growing adoption in end-user industries, and high demand for energy-efficient electronic products.
Technavio's microprocessor market is segmented as below:
By Application
- Computers
- Cellphones
- Tablets
- Others
By Technology
- RISC
- ASIC
- CISC
- Superscalar
- DSP
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increased proliferation of iot as one of the prime reasons driving the microprocessor market growth during the next few years. Also, increasing investments in autonomous cars and increasing spending on consumer electronics will lead to sizable demand in the market.
The report on the microprocessor market covers the following areas:
- Microprocessor market sizing
- Microprocessor market forecast
- Microprocessor market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microprocessor market vendors that include Advanced Micro Devices Inc., Analog Devices Inc., Arm Ltd., Baikal Electronics JSC, Broadcom Inc., Huawei Technologies Co. Ltd., Intel Corp., Marvell Technology Inc., MediaTek Inc., Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, ON Semiconductor Corp., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Seiko Epson Corp., STMicroelectronics International N.V., Texas Instruments Inc., and Toshiba Corp.. Also, the microprocessor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.