Global Microprocessor market was valued at USD85.85 billion in 2020 and is projected to grow around USD111.16 billion by 2026 owing
Microprocessor is a controlling unit of a micro-computer, fabricated on chip which can perform Arithmetic Logic Unit (ALU) operations and capable of doing communication with other devices connected to it. Microprocessor consists of a Control Unit, Register Array & ALU where ALU performs arithmetic & logical operations, Control Unit controls flow of data & instructions in the computer, Register Array is responsible for storing accumulators and data. Microprocessor follows sequence of Fetch, Decode & Execute in the given sequence.
Increasing Demand of Microprocessors in Automotive Industry
The use of microprocessors in the automotive industry is essential as automotive are getting smarter and employment of electronic systems are still rising. Automotive semiconductor vendors are profiting from a surge in the demand for various semiconductor devices in cars, such as MCUs, sensors, memory which are functioning with the help of microprocessors. The automotive industry has been working for a long period of time in terms of providing factory-installed electronics which have the advantages that are meant for the safety and security of the user’s data along with comfort. Most of the automotive innovations today have arisen from the development in electronics architecture rather than mechanics.
Use of Micro Data Center to Positively Influence the Growth
Infrastructure housed in micro-data centers of any microprocessor includes IT infrastructure, UPS (uninterruptible power supply) systems, power distribution units (PDUs), and cooling units. The numerous advantages that include lower transactional costs, high functioning, and high storage by using micro-data centers are likely to escalate the microprocessor market globally.
Increased Usage of IoT to Drive the Market Growth
One important factor driving the adoption of microprocessors is the rapid growth of Internet of Things (IoT). IoT technologies enable microprocessors because it is now technically and economically feasible to gather the required information from a relatively broad range of objects than was previously possible. Companies frequently underestimate the complexity and volume of data generated by IoT products and platforms, necessitating the use of tools to assist them in managing and making sense of all the data that they are now collecting.
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Market Segmentation
The global microprocessor market can be segmented based on type, architecture, technology outlook, end user and Company (2020). Based on type, the market can be segmented into desktop microprocessor, mobile microprocessor & performance microprocessor. In terms of architecture, the market is segmented into ARM, X86, SPARC and Others. Based on technology outlook, the market is segmented into RISC, DSP, ASIC, SUPERSCALAR, CISC. Based on the end user, the market is bifurcated into Consumer Electronics, Medical, Server & Data Centre, Automotive, Manufacturing, Others. The market analysis also studies the Company (2020) segmentation to devise Company (2020) market segmentation, divided among Asia-Pacific Company (2020), North American Company (2020), European Company (2020), South American Company (2020), and Middle East & African Company (2020).
Company
Intel Corporation,
Attribute | Details |
Market Size Value in 2020 | USD85.85 billion |
Revenue Forecast in 2026 | USD111.16 billion |
Growth Rate | 4.44% |
Base Year | 2020 |
Historical Years | 2016 – 2019 |
Estimated Year | 2021 |
Forecast Period | 2022 – 2026 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026 |
Report Coverage | Revenue forecast, volume forecast, Country share, competitive landscape, growth factors, and trends |
Segments Covered | · Type · Architecture · Technology Outlook · End User |
Company (2020)al Scope | North America; Europe; Asia Pacific; Middle East & Africa; South America |
Country Scope | United States; Mexico; Canada; Germany; United Kingdom; France; Spain; Italy; China; India; Japan; South Korea; Singapore; UAE; Saudi Arabia; South Africa; Brazil; Argentina; Colombia |
Key Companies Profiled | Intel Corporation, Taiwan Semiconductor Manufacturing Company Limited, SK Hynix Inc., Qualcomm Technologies Inc., Micron Technology Inc., Broadcom Inc., Sony Corporation, Nvidia Corp., Samsung Electronics Co. Ltd., Applied Materials Inc. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to Country, Company (2020)al & segment scope. |
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