TMCnet News
Research and Markets: Global Microprocessor Market Forecast to Grow at a CAGR of 6.48% over the Period 2014-2019, New Report SaysResearch and Markets (http://www.researchandmarkets.com/research/sr2vbm/global) has announced the addition of the "Global Microprocessor Market 2015-2019" report to their offering. Portable electronic devices such as smartphones and tablets become obsolete after a short time. This is because of rapid launches of next-version models by vendors. The duration of the replacement cycle period, on average, is 8-12 months. In the past, the replacement period was much longer. Because of the reduction in product replacement cycle time, the demand for microprocessors in newly launched devices is expected to rise dramatically, and this will increase the revenue of the market. According to the report, the availability of low-cost smartphones in emerging markets such as China and India and the increase in the number of mobile broadband subscibers and mobile Internet users are expected to increase the shipment of smartphones to more than 2 billion units by 2019. This is a significant increase on shipments in 2013, recorded at 1 billion units, and is partly because of regional vendors introducing tablets in their home countries. As the number of tablets sold by regional vendors increases, it follows that microprocessors, an integral part of such devices, will undergo a similar rise in demand, leading to market growth during the forecast period. Key Topics Covered
Companies Mentioned - Advanced Micro Devices - Freescale Semiconductor - Intel - MediaTek - Nvidia - Qualcomm - Samsung Semiconductor - Texas Instruments (News - Alert) For more information visit http://www.researchandmarkets.com/research/sr2vbm/global View source version on businesswire.com: http://www.businesswire.com/news/home/20150826005737/en/ |
