Global Microprocessor and GPU Market to Reach $97.4 Billion by 2026
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Editing: ten; Published: February 2022
Executive Pool: 23807
Companies: 30 – Players covered include Advanced Micro Devices, Inc.; ARM Limited; Broadcom Corporation; IBM; Imagination Technologies Limited; intel company; Marvell Technology Group Ltd. ; MediaTek, Inc.; Microchip Technology, Inc.; NVIDIA Corporation; NXP Semiconductors SA; Qualcomm Technologies, Inc.; Renesas Electronics Corporation; Samsung Electronics Co., Ltd. ; Texas Instruments, Inc.; Toshiba Corporation; Unisoc Communications, Inc.; VIA Technologies, Inc. and others.
Cover: All major geographies and key segments
segments: Architecture (X86, ARM, MIPS, power and SPARC); and application (consumer electronics, server, automotive, BFSI, industrial, aerospace and defense and medical)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global Microprocessor and GPU Market to Reach $97.4 billion by 2026
A microprocessor is a computer processor that integrates various functions of a central processing unit (CPU) onto a single integrated circuit (IC). The graphics processing unit (GPU) is a specialized electronic circuit intended to manipulate and modify memory to accelerate image generation in a frame buffer designed for output to a display device. Microprocessor chipsets and GPUs, in various architecture form factors including X86, ARM, MIPS, Power and SPARC, have gained relevance for applications in consumer electronics, servers, automotive systems, industrial equipment , aerospace and defense technologies and medical equipment, among others. Modern microprocessors, functioning as building blocks of computer systems, can seamlessly implement and execute programmed logic instructions in processing systems accurately and efficiently, in real time. Amid COVID-19 Crisis, Global Microprocessor and GPU Market Estimated at US$87.7 billion in 2022, is expected to reach a revised size of US$97.4 billion by 2026, registering a compound annual growth rate (CAGR) of 2.7% over the analysis period. United States represents the largest regional market for microprocessors and GPUs, and is expected to reach US$24.6 billion by 2026. China is expected to spearhead the growth and become the fastest growing regional market with a CAGR of 4% over the analysis period.
Global market growth is expected to be driven by sustained demand in key end-use verticals. While consumer electronics drove the overall momentum, its widespread use in servers, industrial equipment, and automotive technologies paved the way for growth and progress in the microprocessor and GPU market. At the same time, factors such as the rise of cloud computing and the subsequent transition of data from on-premises servers to cloud servers, the emergence of the Internet of Things (IoT) model, the popularity of wearable devices such as smart watches, have boosted the market outlook. Additionally, technological improvements have also contributed significantly to the expansion of the market. Modern microprocessors, functioning as building blocks of computer systems, can seamlessly implement and execute programmed logic instructions in processing systems accurately and efficiently, in real time. Likewise, the latest line of GPUs can uniquely function as chip-based processors capable of processing over 10 million polygons in a second with full lighting, reshaping, and triangle configuration capabilities. The steady expansion of the IoT ecosystem and the growing role of artificial intelligence (AI) and machine learning (ML) in the modern computing domain are strongly driving the future expansion of the market. The continued shift towards intelligent computing as part of the priority given to “digital transformation” among modern businesses would be instrumental for the future growth of the market.
The United States is the largest consumer of microprocessor chipsets and GPU devices. Sustained growth of domestic electronics and electronic components industries, deployment of new and next generation electronic systems for autonomous vehicles, IoT environments, Industry 4.0 ecosystem, UAV and drone technologies, healthcare systems and server applications, would significantly increase the market prospects. Rise of China as an industrial manufacturing hub, supplying a range of consumer electronics products to global markets, strongly supports the current and future expansion of the country’s microprocessor and GPU market, while increasing the country’s share in the global market . By architecture type, the X86 architecture market is expected to dominate the market share. x86 represents a popular Intel processor architecture that originated with the 16-bit 8086 processor in 1978. Today, x86 is commonly used to refer to 32-bit processors that conform to the x86 instruction set. The x86 architecture is widely used in computers (desktops and laptops) and servers, and the architecture’s established role in these devices is poised to continue the upward trend in the x86 market segment. After
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