Press release
Microprocessor Market is estimated to grow at a CAGR of 1.98% during 2018 to 2023 | Vital Players are AMD, Inc., ARM Holdings plc., Intel Corporation, NVidia Corporation, Qualcomm, Inc., and Samsung Electronics Co. Ltd.
Microprocessor Market was valued at USD xx Billion in 2016 and projected to reach USD 79.6 billion by 2023 growing at a CAGR of 1.98% during the forecast period 2018 to 2023.
Microprocessor Market Overview:
A microprocessor is a computer chip that allows a central processing unit (CPU) of a computer to operate on one or more integrated circuits. The microprocessor is an electronic, record-based, multipurpose, programmable, clock-based device that accepts binary or digital input data, implements it according to the commands stored in its memory and displays it. The microprocessors include sequential digital logic and combinational logic. The microprocessors operate on the symbols and numbers presented in the binary number system.
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Microprocessor Market Growth Drivers and Restraints:
It is expected that the global microprocessor market will grow significantly in the coming years. The growing popularity of tablets and smartphones is the main reason for the growth of the global market. In addition, the adoption of cloud computing is also driving the growth of the microprocessor market. The appearance of high-speed cellular networks also contributes to the growth of the market. Furthermore, the massive use of animation in advertising and movies is also supporting the growth of the global microprocessor market. The increase in the use of microprocessors in various applications is also one of the main reasons that dominate the market demand. Apart from this, the decrease in shipments of personal computers is the main reason for the growth of the world market. On the other hand, the appearance of mobile devices of low value is one of the reasons that could slow down the growth of the global market. The high cost of the raw material is also another main reason for slowing the market.
Geographic Insights of Microprocessor Market:
The growing popularity of smartphones and tablets is driving the market in the United States and Canada of North American region. The emergence of high-speed cellular networks dominates the global market in the Asia-Pacific region. The adoption of cloud computing will further boost the market in Europe. The rest of the world will witness slow growth in the global market in the coming years.
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Key Market Players of Microprocessor Market:
AMD, Inc., ARM Holdings plc., Intel Corporation, NVidia Corporation, Qualcomm, Inc., and Samsung Electronics Co. Ltd. are the major players of the world microprocessor market.
Microprocessor Market Key Segmentation:
By Application:
• PCs, Servers, Mainframes
• Tablet
• Cellphone
• Embedded MPUs
By Product:
• ARM-based MPUs
• X86-based MPUs
By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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www.researchcosmos.com
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