Global Microprocessor and GPU Market Share, Size, and Industry Report, 2020-2027
The GMI Research foresees that the Microprocessor and GPU Market will notice an elevation in demand over the forecast period. This is mainly due to the modernizations in devices such as laptops, speakers providing a captivating experience like 4K and 8K, and the rising trend of smart homes.
Introduction of the Microprocessor and GPU Market
The microprocessor refers to a part of a computer system required to run arithmetic and logic operations, such as subtracting, adding, exchanging numbers from one place to other, and equating two numbers. They form an essential part of the latest computer systems and lightweight laptops.
Key Players of Market:
- NXP Semiconductors
- Huawei Technologies Co., Ltd.
- Apple Inc.
- Zhuhai Quanzhi Technology Co., Ltd.
- Renesas Electronics Corporation
- VIA TECHNOLOGIES, INC.
- Intel Corporation
- Imagination Technologies Limited.
Microprocessor and GPU Market Dynamics
The progression in the microprocessor and GPU systems’ architecture for enormous objectives and the augmentation in demand for deep learning and inference systems across various sectors such as electronic devices, mechanized driving, and industrial automation are the factors responsible for the growth of the global microprocessor and GPU market.
Deep learning is employed in mechanized hearing purposes in various smart devices, which include smart speakers and smart TVs, which have further strengthened the global microprocessor and GPU market size.
In addition, the mounting demand for cloud computing as well as consumer electronics will propel the market demand. Moreover, the expanding semiconductor sector is positively influencing the market demand because these are the raw materials required to produce microprocessors and GPU.
For instance, NXP Semiconductors, in June 2018, introduced a variety of high-performance microprocessors—NXP S32—which can control the acceleration, steering, and braking systems of a vehicle. However, the surging drift towards convenient devices over large computing is likely to curb the microprocessor and GPU market share.
Architecture Segment Drivers
Based on the architecture, x86 is predicted to capture the highest share in the market over the coming years. This is primarily because of the aggravating demand for the personal computer as x86 is the most developed microprocessor containing over 820 million transistors.
Further, as the microprocessor and GPU market research, the new enhancement in the performance potential further strengthens the market size. In addition, the constant product innovation of the x86 processors has also fuelled the market growth. For example, AMD, in 2020, declared the initiation of the processor in 7nm.
End-User Segment Drivers
Based on the end-user, consumer electronics is contemplated to witness faster growth in the near future. This is due to the accessibility of economic consumer electronics products like smartphones and TV from different brands like Xiaomi and Panasonic.
On the basis of geographical coverage, Asia-Pacific is predicted to lead the market owing to the increasing endorsement of technologies allowing digital modification like artificial intelligence, deep learning, and the internet of things across various sectors, including consumer electronics and automotive.
Also, companies like NVIDIA Corporation have raised their production and assembly locations across Taiwan, Korea, China, and Hong Kong, which has stimulated microprocessor and GPU market size.
Microprocessor and GPU Market Segmentation:
Segmentation by Architecture
Segmentation by Type
- Discrete Graphics
- Integrated Graphics
Segmentation by End User
- Consumer Electronics
- Aerospace & Defense
Segmentation by Region:
- Asia Pacific
- Rest of APAC
- North America
- United States of America
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
About GMI Research
The research and consulting firm provides various small, medium, and large scale industries with business knowledge and research reports. The prime concentration of the enterprise is to concede our clients with the approaching challenges and opportunities across different sectors.
Our team of experts collects all the required information about different sectors using internal and external databases. The proper guidance of the company’s analysts helps them reach an actionable decision. The organization got spotlighted in Silicon India Magazine in 2018’s list as the most promising market.