Coprocessor Market is likely to register Single Digit CAGR during 2017 - 2027
The coprocessor is a supplementary processor unit or an entirely different circuitry that is designed to offload the specific operations from the CPU for the system to run more efficiently. There are various types of coprocessor available which are used to perform unique tasks to achieve the accelerated system performance, and due to this factor, the adoption of coprocessors are increasing continuously to have the advanced graphics. Moreover, the growing trend for high graphics games is also one of the major factors which are driving the demand for the coprocessor.
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Coprocessor Market: Drivers and Challenges
The increase in gaming audience and the constant changes in the graphics games are the primary factors which are fueling the growth of coprocessor market. Also, the increasing demand for laptops, having high speed and advanced graphics for the better picture, sound, and more storage space is even driving the growth of the coprocessor market. Moreover, the growing popularity and increasing number of smartphones are driving the growth of the market. Apart from this, the increasing adoption of the coprocessor, which is used in notebooks, desktops, and workstations to meet the growing need for enhanced visual content by end-customers supporting the rapid adoption of coprocessors.
Device compatibility is one of the major factors which may hinder the growth of coprocessor in the near future. Also, to cope up with the continuous demand-shift of users for new and better experience is expected to be the primary challenge for coprocessor manufacturers which may hamper the growth of the coprocessor market in the near future.
Coprocessor Market: Segmentation
Segmentation of Coprocessor on the basis of product type:
On the basis of product type the coprocessor market can be segmented as:
Integrated Control Chip
Segmentation of Coprocessor on the basis of application:
On the basis of application the coprocessor market can be segmented as:
Coprocessor Market: Competition Landscape
The prominent players in coprocessor market are: Intel Corporation, Qualcomm Technologies, Inc., NVIDIA Corporation, Apple Inc., IBM Corporation, Fujitsu, ARM Limited, Advanced Micro Devices, Inc., Renesas Electronics Corporation, Broadcom Corporation, and Imagination Technologies Ltd.
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Coprocessor Market: Regional Overview
On the geographic basis, North America is anticipated to capture largest market share in terms of revenue, owing to the presence of various key players in the region. APAC is expected to gain high growth rates in terms of revenue in the coprocessor market over the next coming years due to continuous demand for enhanced graphics for gaming and 3-D experience.
The coprocessor market in Europe and Latin America are expected to witness high growth rates in the coming period owing to the increasing adoption of smartphones and laptops.
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