Market Research Report
Microprocessor and GPU
|Published by||Global Industry Analysts, Inc.||Product code||908138|
|Published||Content info||425 Pages
Delivery time: 1-2 business days
|Microprocessor and GPU|
|Published: April 1, 2021||Content info: 425 Pages||
The global market for Microprocessor and GPU is projected to reach US$85.1 billion by 2025, driven by the ongoing digital transformation of businesses and industries worldwide. Cloud computing, big data analytics, artificial intelligence, cybersecurity, industrial automation and internet of things are key digital technologies driving the digital transformation trend. Digital transformation will reach exponential speeds as companies increasingly realize that digital technologies are the only way forward to meet the challenge of disruptive competition and innovation in the market. Digital transformation offers several benefits such as new ways to engage with customers; more opportunities to harness big data and the insights trapped within; make better and more productive business decisions; streamline business processes and impart agility to the entire operation; drive employee productivity; and create an environment conducive for disruptive innovation to take shape. Against this backdrop, hardware that supports this digital transformation is poised to benefit significantly. And as the brain behind all intelligent computing, microprocessors and GPU are poised to score the highest gains from the ongoing digital transformation.
All digital technologies converge into a single need factor "high-performance electronics" to drive the transformation. With hardware being the key enabler of digital technologies, smart semiconductors are at the forefront of digital transformation. Embedded microprocessor systems are today part of sensors, smart lighting system, home appliances, industrial equipment, automotive sub-systems like anti-lock braking system, among numerous others. AI chips and microprocessors, also known as AI accelerators, influence AI`s capability and performance and are critical and vital for the technology`s growth and expansion into newer application areas. Graphics-processing units (GPUs), originally designed for computer games, are today the heart of innovations surrounding autonomous car technology. Microprocessors are the backbone of industrial automation and play a pivotal role in advancements being made in robotics. Networking and control functions are driven by microchips and their software. Microcontrollers and processors are also the heart of IoT as they influence workload management (fetching, decoding and processing data) of IoT devices. Efficient, configurable, extensible, and scalable microprocessor architectures are vital for next generation IoT devices.
All aspects of communication, instrumentation, and control require microprocessors. The current world and the world of the future will run on faster, smaller, cheaper and more powerful microprocessors. The United States, China and Europe represent large markets worldwide with a combined share of 70.6% of the market. China also ranks as the fastest growing market with a CAGR of 4.1% over the analysis period supported by the Chinese government`s efforts to push ahead with its ambitious plan pf developing the domestic semiconductor industry. The intensifying technology/trade war between China and the United States is adding new importance and priority to the government`s aim to boost the country`s chip industry. Select Competitors (Total 30 Featured) -