Global Microprocessor And GPU Market Size, Regional Demand, Trends and Forecast to 2024-2032

Microprocessor And GPU Market Size And Forecast

Microprocessor And Gpu Market size was valued at USD 111.96 billion in 2023 and is projected to reach USD 167.20 billion by 2030, growing at a CAGR of 9.0% during the forecast period 2024-2030.

The rise in the adoption of smartphones and tablets over the past few years has affected the demand for PCs. The portability and review given by new generation smartphones and tablets have influenced the growth of microprocessors and the GPU market globally. The Global Microprocessor And GPU Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Microprocessor And GPU Market Definition

A microprocessor refers to an electronic component that is utilized by a computer to do its work. It is also referred to as a central processing unit on a single integrated circuit chip including millions of small devices including transistors, resistors, and diodes that work collectively. A microprocessor takes binary data as input, processes that data, and then produces output based on the instructions stored in the memory. The data is processed using the microprocessor’s ALU, control unit, and register array. Several registers that serve as temporary fast-access memory locations process the data as part of the register array. The stream of instructions and data through the system is controlled by the control unit.

The graphics processing unit is a specific processor intended to stimulate graphics rendering. Over time, they became more manageable and programmable, improving their capabilities. This provided graphics programmers to create more impressive visual effects and realistic scenes with excellent lighting and shadowing techniques. Modern GPUs are very effective at manipulating computer graphics and image processing. Their extremely parallel structure makes them more effective than general-purpose central processing units (CPUs) for algorithms that process large blocks of data in parallel.

Global Microprocessor And GPU Market Overview

The need for microprocessor chipsets has been boosted by the rapid technological advancement in consumer and industrial industries, which is the main factor driving the worldwide Microprocessor And GPU Market. The market is expanding as a result of increased demand for GPUs and CPUs with high performance and low energy consumption. The development of gadgets like laptops, televisions (including smart TVs), and speakers that provide immersive visual experiences like 4K and 8K viewing and excellent sound quality by utilizing a high-quality codec and audio processors for sound processing has improved the demand for microprocessors in these gadgets, boosting the market’s growth.

Moreover, factors such as cloud computing, the evolution of 5G, and software-as-a-service subscription models are also anticipated to boost the demand for microprocessors. Edge computing is another factor developing as an important element for 5G. Edge computing provides network operators to acquire more value from networks that were not possible with earlier architectures. However, a decrease in demand for PCs is expected to hamper the market growth during the forecast period.

The rise in the adoption of smartphones and tablets over the past few years has affected the demand for PCs. The portability and review given by new generation smartphones and tablets have influenced the growth of microprocessors and the GPU market globally. Nevertheless, an increase in demand for artificial intelligence (AI) and deep learning-based applications, such as supercomputers is expected to offer lucrative opportunities for the market during the forecast period.

Global Microprocessor And GPU Market Segmentation Analysis

The Global Microprocessor And GPU Market Segmented on the Basis of Product, Application, And Geography.

Microprocessor And GPU Market, By Product

• X86
• ARM
• MIPS

Based on Product, the market is bifurcated into X86, ARM, and MIPS. The ARM segment is estimated to witness the highest CAGR for the forecast period. The ARM architecture is simple to manage, has a simplistic design, and is power efficient. Due to its energy-efficient design, the ARM is most compatible with low-powered installed and portable devices such as smartphones and notebooks. ARM allows permitting its ISA to any company which agrees to pay a licensing price and offers them the advantage to either design their cores from scratch or use predefined IP blocks rendered by ARM.

Microprocessor And GPU Market, By Application

• Home Appliance
• Server
• BFSI
• Aerospace Defense
• Medical
• Industry
• Other

Based on Application, the market is bifurcated into Home Appliance, Server, BFSI, Aerospace Defense, Medical, Industry, and Other. The Industrial segment is estimated to witness the highest CAGR for the forecast period. The factor that can be attributed to the growth of the segment is associated with the increasing adoption of industrial PCs that can process data at a high speed. These IPCs are strong to withstand extreme industrial conditions such as temperature, weight, vibration, and humidity. Due to the harsh environment, the GPUS employed in these PCs are of a high caliber and have accelerated computing performance to handle quick processing, which is also anticipated to advance market expansion.

Microprocessor And GPU Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Based on Geography, the Global Microprocessor And GPU Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Microprocessor And GPU Market is expected to have the most significant market share globally in terms of revenue and volume. An expansion in the choice of technologies that enable digital transformation such as deep learning, artificial intelligence (AI), and the Internet of Things (IoT) across multiple sectors such as automotive, healthcare, consumer electronics, and industrial has triggered the demand for microprocessors and GPU in this region.

Key Players

The “Global Microprocessor And GPU Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Advanced Micro Devices, Qualcomm Technologies, Texas Instruments, IBM, Renesas Electronics, Intel, Broadcom, Nxp Semiconductors, Microchip Technology, Marvell Technology, Mediatek, Samsung Electronics, Toshiba, Spreadtrum Communications, Nvidia, Allwinner Technology.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• The GeForce RTX 3060, Nvidia’s most cost-effective desktop GPU featuring ray tracing, was introduced in 2021. It offers 10 times the ray tracing performance and doubles the raster performance of the GeForce GTX 1060, the company’s last GeForce GTX-series card. Additionally, it provides a significant upgrade for previous-generation players because of its high-fidelity graphics, quick frame rates, and game-changing capabilities like NVIDIA Reflex and NVIDIA DLSS.
• Intel revealed the launch of its 10th generation Core H series mobile processors in 2020. The new CPUs deliver performance at up to 5.3 GHz turbo and have 8 cores and 16 threads. To provide immersive gaming, great responsiveness, and intelligent performance tuning, the CPUs also take advantage of Intel’s Turbo Boost Max Technology 3.0, Adaptix Dynamic Tuning Technology, Integrated Wi-Fi AX201, and compatibility with Thunderbolt 3 and Intel Optane memory.
• Marvell and Samsung (South Korea) announced their partnership in 2020 to promote infrastructure innovation throughout the radio access network (RAN). The business concentrates on utilizing its OCTEON processor and OCTEON Fusion processors to fuel the sophisticated beamforming algorithms that aid in the deployment of multiple-input and multiple-output (MIMO) systems while building cutting-edge radio unit architecture.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of product, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Microprocessor And GPU Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Microprocessor And GPU Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

Research Methodology of Market Research: