Microprocessor And GPU Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Microprocessor And GPU Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $167.29 billion In 2028 At A CAGR Of 9.6% :

The microprocessor and GPU market size has grown strongly in recent years. It will grow from $106.77 billion in 2023 to $115.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to advancements in manufacturing, cryptocurrency boom, shift to cloud computing, AI and ml development, mobile revolution.

The microprocessor and GPU market size is expected to see strong growth in the next few years. It will grow to $167.29 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to gaming industry trends, demand for energy-efficient solutions, AI and ML advancements, edge computing growth, IoT expansion, data center evolution. Major trends in the forecast period include demand for energy efficiency, rise of AR/VR technologies, blockchain and cryptocurrency, automotive industry advancements, 5G network rollout.

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Microprocessor And GPU Market Major Segments
The microprocessor and GPU market covered in this report is segmented -

1) By Architecture: X86, ARM, MIPS, Power, SPARC
2) By GPU Type: Discrete, Integrated
3) By Application: Consumer Electronics, Server, Automotive, BFSI, Industrial, Aerospace & Defense, Medical, Other Applications

Key Driver - Rising Adoption Of IOT Devices Fuels Growth In The Microprocessor And GPU Market

The growing adoption of the Internet of Things (IoT) enabled devices and equipment will positively influence the market for microprocessors and GPU in the forecast period. Internet of Things refers to a system of interrelated computing devices that share data over the internet. Globally there has been an increasing demand for IoT-enabled devices owing to several benefits offered such as increased connectivity, speed, easy access, better time management, and remote functioning among others. By combining machine learning and online analytical processing, GPU databases provide IoT with speed, scale, and intelligence. This allows real-time insights to lead to speedier actions and decisions. According to the DataPort report, there are more than 10 billion active IoT devices in 2021, and the number of active IoT devices is expected to exceed 25.4 billion by 2030. Therefore, the rising adoption of Internet of Things (IoT) enabled devices will positively impact the growth of the microprocessor and GPU market.

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Prominent Trend - Proliferation Of High-Performance Microprocessors And GPUs Transforming The Market

The increasing launch of powerful and high-performance microprocessors and GPUs is a key trend in the microprocessor and GPU market. Major players in the microprocessor and GPU market are emphasizing designing and developing new processors with advanced features to gain a competitive advantage over other companies operating in the market. For instance, in February 2021, Nvidia launched its most affordable desktop GPU with ray tracing, the GeForce RTX 3060. It delivers twice the raster performance and 10x the ray tracing performance as compared to the company's older GeForce GTX-series product-GeForce GTX 1060. Moreover, it offers previous-gen gamers a massive upgrade with high fidelity graphics, fast frame rates, and game-changing features such as NVIDIA Reflex and NVIDIA DLSS.

Microprocessor And GPU Market Players
Major companies operating in the microprocessor and GPU market report are Apple Inc., Samsung Electronics Co Ltd., Huawei HiSilicon Technologies Co Ltd., Intel Corporation, Qualcomm Incorporated, Broadcom Inc., NVIDIA Corporation, Advanced Micro Devices Inc. (AMD), Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics N.V., Renesas Electronics Corporation, NXP Semiconductors N.V., Analog Devices Inc., United Microelectronics Corporation, Microchip Technology Inc., Marvell Technology Group Ltd., Toshiba Corporation, Winbond Electronics Corporation, Xilinx Inc., Hua Hong Semiconductor Ltd., Cypress Semiconductor Corporation, Maxim Integrated Products Inc., Cirrus Logic Inc., Allwinner Technology, Spreadtrum Communications, Episil Technologies Corporation, Rockchip Electronics Co Ltd., Imagination Technologies Limited, Silicon Mitus Corporation

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the microprocessor and GPU market in 2023. The regions covered in the microprocessor and gpu market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Microprocessor And GPU Market Report Structure
3. Microprocessor And GPU Market Trends And Strategies
4. Microprocessor And GPU Market - Macro Economic Scenario
5. Microprocessor And GPU Market Size And Growth
…..
27. Microprocessor And GPU Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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