Global Microprocessor and GPU Market Report 2022
The major players in the microprocessor and GPU market are Intel, Qualcomm, Samsung, Nvidia, AMD, BroardCom, MediaTek, Texas Instruments, Marvell, and IBM. The global market for microprocessors and GPUs is expected to rise from $86.
New York, April 04, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Microprocessor And GPU Global Market Report 2022” – https://www.reportlinker.com/p06248533/?utm_source=GNW
$78 billion in 2021 to $92.73 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The growth is primarily due to businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote work and the closure of business activities that have resulted in operational challenges. The market is expected to reach $111.98 billion in 2026 with a CAGR of 4.8%.
The microprocessor and GPU market comprises the sales of microprocessors and GPUs by entities (organizations, individual traders and partnerships) that are engaged in the manufacture of microprocessors and GPUs. A microprocessor is a type of miniature electronic device that includes logic, arithmetic, and control circuitry to perform the functions of the central processing unit in a computer.
GPU is known as graphics processing unit and is used in applications like graphics and video rendering.
The main types of architecture for the microprocessor and GPU market are X86, ARM, MIPS, Power, SPARC. The x86 architecture is a series of instruction set architecture (ISA) for computer processors.
The x86 architecture refers to how a processor manages and executes different instructions passed from the operating system (OS) and software programs. The different types of GPUs are discrete and integrated.
Microprocessor and GPU are used in various industries including consumer electronics, server, automotive, BFSI, industrial, aerospace and defense, medical, and other applications.
Asia-Pacific was the largest region in the microprocessor and GPU market in 2021. Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, South America North, South America, the Middle East and Africa.
The growing adoption of Internet of Things (IoT) enabled devices and equipment will positively influence the microprocessor and GPU market over the forecast period. The Internet of Things refers to a system of interdependent computing devices that share data over the Internet.
Globally, there has been an increasing demand for IoT-enabled devices due to several advantages offered such as increased connectivity, speed, easy access, better time management and remote operation, among others. By combining machine learning and online analytical processing, GPU databases deliver the IoT with speed, scale, and intelligence.
This enables real-time information to drive faster 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 growing adoption of devices compatible with the Internet of Things (IoT) will have a positive effect. market impact in the future.
Rise in the launch of powerful and high-performance microprocessors and GPUs is a key trend in the microprocessor and GPU market. Major players in the industry are emphasizing on designing and developing new processors with advanced features to gain a competitive advantage over other companies operating in the market.
For example, in February 2021, Nvidia launched its most affordable desktop GPU with ray tracing, the GeForce RTX 3060. 1060.
Plus, it gives previous-gen gamers a massive upgrade with high-fidelity graphics, fast frame rates, and breakthrough features like NVIDIA Reflex and NVIDIA DLSS.
In September 2020, NVIDIA, a US-based technology company specializing in the design of GPUs for the gaming and professional markets and a system-on-chip for mobile computing and the automotive market, acquired Arm Holdings for an amount of 40 billion dollars. Acquisition expected to create a leading computing company in the age of artificial intelligence (AI) and accelerating innovation while growing by combining NVIDIA’s AI computing platform with Arm’s vast ecosystem .
NVIDIA also plans to expand Arm’s research and development presence in the UK with the establishment of an AI research and education center and the construction of an AI supercomputer powered by Arm/NVIDIA for research. Arm Holdings is a United Kingdom-based semiconductor and software company that designs, licenses and produces intellectual property for the development of digital electronic products.
The countries covered in the Microprocessor and GPU market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
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