What Has Been the Progress and Growth of the Microprocessors Market in Recent Years?
The microprocessors market has seen considerable growth due to a variety of factors.
• The scale of the microprocessors market has remarkably expanded in the past few years. An upward trajectory is predicted, escalating from a market worth of $69.49 billion in 2024 to an impressive $74.96 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.9%.
Factors contributing to this growth during the historic period include the prevalence of personal computers, the spread of data centers, the ubiquity of mobile devices, the popularity of gaming consoles, and the use of industrial and IoT applications.
How Does the Forecast Look for the Microprocessors Market?
The microprocessors market is expected to maintain its strong growth trajectory in upcoming years.
• The market for microprocessors is projected to experience robust growth in the coming years, with an expected value of $98.19 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.0%.
The predicted growth during this forecast period is largely driven by advancements in artificial intelligence (AI) and machine learning, expansion of 5G and IoT, edge computing, self-driving vehicles, and quantum computing. The anticipated trends during this time frame include multi-core processors, tailor-made accelerators, energy-saving processors, security upgrades, RISC-V, and open-source architectures.
What Are The Leading Drivers Of Growth In The Microprocessors Market?
The rapidly expanding smartphones and tablets market has been propelling the growth of the microprocessors market. Economic growth has led to an increase in disposable income in both developed and developing countries, which has also positively affected the demand for mobile phones and tablets. For instance, a report published by Uswitch Limited, a UK-based online and telephone comparison and switching service, indicated that in 2022 there were 71.8 million active mobile connections, a 3.8% increase from 2021. The report also projected that by 2025, the UK's population would be 68.3 million, of which 95% would possess smartphones. Moreover, the integration of all significant components by all-in-one microprocessors enhances smartphone performance and efficiency, further stimulating the global microprocessors market's growth.
How Are The Segments Defined Within The Global Microprocessors Market?
The microprocessors market covered in this report is segmented –
1) By Type: ARM-Based MPUs, x86-Based MPUs
2) By Application: PCs, Servers, Mainframes, Tablet, Cellphone, Embedded MPUs
3) By End-User Industries: Communication, Consumer Electronics, Automotive, Manufacturing
Subsegments:
1) By ARM-Based MPUs: Mobile Processors, Embedded Processors, Application Processors, System-on-Chip (SoC) Processors
2) By x86-Based MPUs: Desktop Processors, Laptop Processors, Server Processors, Workstation Processors
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Which Emerging Market Trends Are Altering The Microprocessors Industry?
The escalating energy consumption of microprocessors in wireless networks is viewed as a considerable risk for environmental conservation and sustainable growth. With the advent of next-generation wireless networks offering high-speed internet and the surge in smartphone use, the demand for universal data access has significantly increased, leading to an expansive growth of network infrastructures and a surge in energy requirements. As a response, wireless network service providers and microprocessor manufacturers are urgently prioritizing green evolution. Modern companies are focusing on research and development to create innovative and efficient microprocessors. The microprocessor market is trending towards energy-saving and high-performance processors. For instance, in September 2022, Intel introduced the 13th Gen Intel Core processor family which includes the world's fastest desktop CPU, the 13th Gen Intel CoreTM i9-13900K. The latest 13th Gen Intel Core family comprises six new unlocked desktop processors with up to 24 cores and 32 threads, clocking top speeds of up to 5.8 GHz, ensuring the best gaming, streaming, and recording experience.
Who Are the Key Players In The Microprocessors Market?
Major companies operating in the microprocessors market include:
• MediaTek Inc.
• Toshiba Corporation
• Intel Corporation
• Qualcomm Incorporated
• Samsung Semiconductor Inc.
• Broadcom Inc.
• Freescale Semiconductor Inc.
• Nvidia Corporation
• Advanced Micro Devices Inc. (AMD)
• Spreadtrum Communications Inc.
• Texas Instruments Incorporated (TI)
• Apple Inc.
• International Business Machines Corporation (IBM)
• Atmel Corporation
• Taiwan Semiconductor Manufacturing Company Limited (TSMC)
• Leadcore Technology Co. Ltd.
• Amlogic Inc.
• Nufront
• Ingenic Semiconductor Co. Ltd.
• Advanced Micro Devices Inc.
• Marvell Technology Group Ltd.
• Renesas Electronics Corporation
• Infineon Technologies AG
• NXP Semiconductors N.V.
• STMicroelectronics N.V.
• Microchip Technology Inc.
• Analog Devices Inc.
• ON Semiconductor Corporation
• Cypress Semiconductor Corporation
• Xilinx Inc.
• Altera Corporation
• Silicon Laboratories Inc.
• Cavium Inc.
• Integrated Device Technology Inc.
• LSI Corporation
• Maxim Integrated Products Inc.
• PMC-Sierra Inc.
• Semtech Corporation
• Synopsys Inc.
• Zilog Inc.
What Is The Most Dominant Region In The Microprocessors Market?
Asia-Pacific was the largest region in the microprocessors market in 2023. North America was the second-largest region in the microprocessors market. The regions covered in the microprocessors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
