Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 50.33 Billion | USD 124.42 Billion | 10.58% | 2023 |
The global Microprocessor market size was worth around USD 50.33 billion in 2023 and is predicted to grow to around USD 124.42 billion by 2032 with a compound annual growth rate (CAGR) of roughly 10.58% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Microprocessor market on a global and regional level.
The microprocessor market is a critical segment of the semiconductor industry, encompassing the design, manufacturing, and sale of microprocessors used in various electronic devices. The market has seen consistent growth, driven by the proliferation of smartphones, laptops, personal computers, data centers, and the increasing demand for embedded systems in cars, IoT devices, and industrial applications.
The study includes drivers and restraints of the microprocessor market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the microprocessor market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the microprocessor market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global microprocessor market is segmented on the basis of architecture, type, application, and vertical.
By architecture, the microprocessor market includes X86, ARM, MIPS, Power, and SPARC. The X86 architecture segment is expected to hold the largest share of the market in the future, owing to its huge application in consumer electronics.
By type, the market includes integrated graphics, discrete graphics, video graphics adapter, analog-to-digital and digital-to-analog converter, peripheral component interconnects bus, universal serial bus, direct memory access controller, and others.
By application, the microprocessor market includes smartphones, personal computers, servers, tablets, embedded devices, and others. Personal computers held the largest market share in 2023 due to its growing use in people’s day-to-day lives.
By vertical, the market includes consumer electronics, server, automotive, banking, financial services, and insurance (BFSI), aerospace and defense, medical, and industrial. Automotive applications include ADAS and infotainment systems, which are extensively being accepted and used by car manufacturers. The rising demand for unmanned aerial vehicles (UAVs) or drones in the entertainment application is further pushing the progress of the global microprocessor market.
Report Attributes | Report Details |
---|---|
Report Name | Microprocessor Market |
Market Size in 2023 | USD 50.33 Billion |
Market Forecast in 2032 | USD 124.42 Billion |
Growth Rate | CAGR of 10.58% |
Number of Pages | 110 |
Key Companies Covered | AMD, Samsung Electronics, Nvidia Corporation, ARM Holdings, Intel Corporation, and Qualcomm |
Segments Covered | By Architecture, By Type, By Application, By Vertical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is projected to hold the largest share of the global microprocessor market over the forecast time period. This can be attributed to the existence of main corporations in the region, such as Rockchip (China), Mediatek (Taiwan), Samsung (South Korea), Spreadtrum (China), Toshiba (Japan), and Renesas (Japan), which offer microprocessor solutions.
Some major players operating in the global microprocessor market are:
By Architecture
By Type
By Application
By Vertical
By Region
FrequentlyAsked Questions
A microprocessor accomplishes all the important functions of a computer. Perilous functionalities make them tremendously useful in semiconductor engineering.
According to study, the Microprocessor Market size was worth around USD 50.33 billion in 2023 and is predicted to grow to around USD 124.42 billion by 2032.
The CAGR value of Microprocessor Market is expected to be around 10.58% during 2024-2032.
Asia Pacific has been leading the Microprocessor Market and is anticipated to continue on the dominant position in the years to come.
The Microprocessor Market is led by players like AMD, Samsung Electronics, Nvidia Corporation, ARM Holdings, Intel Corporation, and Qualcomm.
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