The microprocessor market was exceeded US$ 83.90 billion in 2020 and is projected to reach US$ 113 billion by 2030, expanding at an annual CAGR of 4.36 percent, according to a 2021 study by Precedence Research, the Canada-based market Insight Company. The report contains 150+ pages with detailed analysis, owing to the growing use of microprocessors in smartphones and the increasing use of embedded microprocessors in the healthcare electronics sector.
The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The dairy products market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
A microprocessor is a computer processor that combines data processing logic and control on a single integrated circuit (IC) or a small number of ICs. The arithmetic, logic, and control circuitry required to accomplish the duties of a computer’s central processing unit are contained in the microprocessor.
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Market Report Scope
| Report Coverage | Details |
| Market Size | USD 113 Billion by 2030 |
| Growth Rate | CAGR of 4.36% From 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Technology, Application |
Competition Landscape
In the final section of the research report, Precedence Research provided the global microprocessor market structure and a detailed competition landscape to provide a dashboard view of key players operating in the microprocessor market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Some of the major players in the microprocessor market include:
- Intel Corporation
- Taiwan Semiconductor Manufacturing Company, Limited
- SK Hynix Inc.
- Qualcomm Technologies
- Broadcom Inc.
- Micron Technology, Inc.
- Sony Corporation
- Nvidia Corporation
- Samsung Group
- Applied Materials, Inc.
Crucial factors accountable for market growth are:
- Growing demand of smartphones
- Increasing embedded microprocessors in the healthcare electronics sector
- Technological advancement leads to the market growth
- High research and development investment
- Growing per capita healthcare spending
Report Highlights
- Based on technology, the reduced instruction set microprocessor (RISC) segment led the global microprocessor market with remarkable revenue share 30% in 2020. The reduced chip complexity is the major factor which is fueling this segment growth. The ASIC segment is expanding the fastest growing in the forecast period.
- By application, the personal computer (PC) segment is the most prominent segment in the market which contributed share of 41% in 2020. The server’s segment is expected to be the fastest growing over the forecast period.
- In 2020, the Asia Pacific held the largest share 55% in the market due to the rising penetration of smartphones and other electronics.
- North America has the remarkable share in the market due to the presence of market leaders in U.S. and Canada.
Market Dynamics
Driver
The increasing demand of smartphones at the global level is the one of the factors for the growth of microprocessor. The factors such as change in the lifestyle of consumers, rising disposable income increases the probability of consumer spending on media, entertainment, and networking and mobile communication; leading to higher potential sales of smartphones. There is a need of smartphone with the faster operation which can be used for the gaming, entertainment and other official work. The smartphone speed is directly proportional to the microprocessors used in the smartphone. Thus, the increasing sales of smartphones will drive the microprocessors market.
Restraint
Over the last few years, the adoption of smartphones and tablets has had an influence on PC demand. Microprocessor and GPU market growth has been impacted by the portability and performance offered by new generation smartphones and tablets.
When compared to processors and GPUs used in smartphones and tablets, PC processors and GPUs are frequently more expensive. Desktop PCs are experiencing the steepest decline in the PC category, as more users opt for portable devices for day-to-day tasks. Furthermore, because PCs have a lengthy lifecycle and cannot be replaced in a short period of time, there is a growth in overall demand for the PC industry.
Opportunity
A rise in demand for AI and deep learning-based applications, such as supercomputers as a result of the COVID-19 pandemic. Deep learning training and inference systems are in high demand across a wide range of industries, from automated driving to electrical products to industrial automation. Deep learning is utilized in smart devices like smart speakers and smart TVs for voice translation and automated hearing. To give results, these devices adjust to the surrounding speech and comprehend user preferences. The finance and banking industry is another industry that has seen a lot of AI-based application adoption in recent years.
For bitcoin mining, the fast-growing cryptocurrency business employs high-performance AI processors. By using NLP techniques, finance organizations deploy AI chatbots to provide self-help client services. The deployment of supercomputers is quickly increasing among research businesses, institutions, and governments around the world as the number of COVID-19 cases grows. These supercomputers use high-performance AI processors and GPU accelerators to aid in the development of COVID-19 viral vaccines and therapeutics.
Challenges
A significant rise in microprocessor energy consumption in wireless networks has been identified as a major threat to environmental protection and long-term growth. The demand for worldwide data access has risen dramatically as a result of access to high-speed internet supplied by next-generation wireless networks and increased smartphone usage, driving a dramatic expansion of network infrastructures and escalating energy demand. To overcome these challenges, wireless network service providers and chip manufacturers have made green evolution a top goal.
Recent Developments
- For instance, Intel released 11th Gen Intel® CoreTM processors with Intel® Iris® Xe graphics for thin laptops in September 2010 to provide 2.7x quicker content production, more than 20% faster office productivity, and more than 2x faster gaming and streaming.
- Qualcomm introduced three new Snapdragon processors in January 2020: the 720G, 662, and 460. The new CPUs support dual-frequency (L1 and L5) GNSS for increased location positioning accuracy and resilience, as well as Indian Constellation navigation (NavIC). The processors support high-speed 4G connectivity and come with built-in Bluetooth 5.1 and WIFI 6 technologies, allowing for quick and seamless connectivity while conserving battery. In 2019,
- In Dec 2019, the American IT and microprocessors business Intel Corporation acquired Habana Labs Ltd, an Israeli AI chip processor for USD 2 billion. Intel Corporation planned to broaden its artificial intelligence portfolio and boost its AI chip market with this acquisition.
Market Segmentation
By Technology
- CISC
- RISC
- ASIC
- Superscalar
- DSP
By Application
- Smartphones
- Personal Computers
- Servers
- Tablets
- Embedded Devices
- Others
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– the Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants, and the industry’s competitive landscape.
The secondary research sources referred to in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and
Questionnaire based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Most Asked Questions –
- What was the market size value of the microprocessor in 2020?
- What is the expected market size by 2030?
- What is the microprocessor market growth?
- What are the key factors that positively influence market growth?
- Who are the prominent players in the microprocessor market?
Why should you invest in this report?
If you are aiming to enter the global microprocessor market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for microprocessors are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Microprocessor Market, By Technology
7.1. Microprocessor Market, by Technology Type, 2021-2030
7.1.1. CISC
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. RISC
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. ASIC
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Superscalar
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. DSP
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Microprocessor Market, By Application
8.1. Microprocessor Market, by Application, 2021-2030
8.1.1. Smartphones
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Personal Computers
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Servers
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Tablets
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Embedded Devices
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Microprocessor Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Technology (2017-2030)
9.1.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Technology (2017-2030)
9.2.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Technology (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Technology (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Technology (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Technology (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Technology (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Technology (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Technology (2017-2030)
9.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Technology (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Technology (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
Chapter 10. Company Profiles
10.1. Intel Corporation
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Taiwan Semiconductor Manufacturing Company, Limited
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. SK Hynix Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Qualcomm Technologies
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Broadcom Inc.
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Micron Technology, Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Sony Corporation
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Nvidia Corporation
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Samsung Group
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Applied Materials, Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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