Worldwide Microprocessor and GPU Industry to 2025 - Featuring Intel, Qualcomm & Samsung Among Others
DUBLIN, Oct. 16, 2020 /PRNewswire/ -- The "Microprocessor and GPU Market by Architecture, Functionality, GPU Type, Deployment, Application (Consumer Electronics, Server and Data Center, Automotive, BFSI, Aerospace & Defense, Healthcare, Industrial), and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The microprocessor and GPU market was valued at USD 83.1 billion in 2019 and is projected to reach USD 112.7 billion by 2025; it is projected to grow at a compound annual growth rate (CAGR) of 7.3% between 2020 and 2025.
The market has a promising growth potential due to several factors, including the increase in demand for consumer electronics and the rise in adoption of Internet of Things (IoT)-enabled devices and equipment. Moreover, the implementation of cloud-based platforms and server environments during the COVID-19 pandemic could play a key role in driving the growth of the microprocessor and GPU market.
In-premise GPU can be implemented for desktop, workstations, and enterprises, and therefore, offers a broad portfolio of products and solutions for end-users.
The on-premise segment is projected to grow at the highest CAGR from 2020 to 2025 for the microprocessor and GPU market, by deployment. In-premise GPU offers developers the advantage of performing unlimited iteration and testing time at a fixed, one-time cost. It can be used for game development, retail, supercomputing, telecommunication, smart cities, transportation, and other industrial applications. The increasing adoption of supercomputers to accelerate the discovery of drugs, predicting the weather, performing scientific discovery, and running simulation programs has also spurred the growth of in-premise GPU solutions.
The real-time systems segment is estimated to have the largest market share in 2025 and register higher CAGR growth during the forecast period.
The real-time systems segment for the microprocessor and GPU market is estimated to have the largest market share in 2025 and register higher CAGR growth during the forecast period, by functionality. Microprocessors used in real-time systems perform dedicated functions, including calculations and word processing within specified time constraints at high speeds through real-time computing capabilities. Some of the applications of real-time system based devices include anti-lock braking systems, process control systems, traffic control systems, simulation systems, network systems, medical systems, fly-by-wire (FBW) systems, among others. The high adoption of application-specific microprocessors and embedded microprocessors for various applications including medical systems, industrial, advanced driver assistance systems (ADAS), and automotive electronics systems is expected to grow the demand for a real-time system.
APAC is projected to become the fastest geographical market between 2020 and 2025.
APAC is projected to grow at the highest CAGR for the microprocessor and GPU market during the forecast period. The region is home to some of the major global semiconductor foundries, such as Taiwan Semiconductor Manufacturing Company, Limited (TSMC) (Taiwan), Samsung Group (South Korea), and United Microelectronics Corporation (UMC) (Taiwan). The presence of these companies, along with many other small-scale foundries in the region, is also expected to contribute to the growth of the microprocessor and GPU markt in APAC during the forecast period. The semiconductor & electronics industry is booming in the region due to the high demand for consumer electronics. The availability and demand for low-cost electronic products in APAC countries such as China and India are expected to further contribute to an increased demand for microprocessors in the region. All these factors are expected to contribute to the growth of the microprocessor and GPU market in APAC.
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