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Microprocessor And GPU Market Size and Forecast 2024-2033|Apple Inc., Samsung Electronics Co Ltd., Huawei HiSilicon Technologies Co Ltd., Intel Corporation, Qualcomm Incorporated,

The Microprocessor And GPU Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Microprocessor And GPU Global Market Report 2024, 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.

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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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

Major companies operating in the microprocessor and GPU market are developing new products such as mobile processors to gain a competitive edge in the market. Mobile processors, also known as smartphone or mobile device processors, are integrated circuits designed to function as the central processing unit (CPU) in mobile devices such as smartphones, tablets, and other portable gadgets. For instance, in January 2022, Samsung Electronics Co. Ltd., a South Korea-based electronics company, launched a premium mobile processor, the Exynos 2200, featuring a powerful AMD RDNA 2 architecture-based Samsung Xclipse GPU, which includes hardware-accelerated ray tracing and variable rate shading. The Xclipse GPU, positioned between console and mobile processors, is a result of collaboration with AMD and is designed to revolutionize the mobile gaming experience. The processor also integrates Arm’s latest Armv9 CPU cores, a tri-cluster CPU structure, enhanced 5G connectivity, advanced security features, and a redesigned image signal processor (ISP) to support ultra-high-resolution image sensors and 8K video recording. The Exynos 2200 is touted to provide an enhanced visual experience and is currently in mass production.

The microprocessor and gpu market report table of contents includes:

1. Executive Summary

2. Microprocessor And GPU Market Characteristics

3. Microprocessor And GPU Market Trends And Strategies

4. Microprocessor And GPU Market – Macro Economic Scenario

5. Global Microprocessor And GPU Market Size and Growth

26. South America Microprocessor And GPU Market

27. Brazil Microprocessor And GPU Market

28. Middle East Microprocessor And GPU Market

29. Africa Microprocessor And GPU Market

30. Microprocessor And GPU Market Competitive Landscape And Company Profiles

Top Major Players: