RISC-V Technology Market Report: Trends, Forecast and Competitive Analysis to 2030

RISC-V Technology Trends and Forecast

The future of the global RISC-V technology market looks promising with opportunities in the computing & storage, communication infrastructure, consumer electronic, automotive & transportation, medical, aerospace & military, and industrial markets. The global RISC-V technology market is expected to reach an estimated $2.5 billion by 2030 with a CAGR of 25.1% from 2024 to 2030. The major drivers for this market are rising concern for securing IoT devices, growing demand for connected autonomous vehicles, and increaisng adoption of internet of things (IoT).

A more than 150-page report is developed to help in your business decisions.

RISC-V Technology by Segment

The study includes a forecast for the global RISC-V technology by application, end use, and region.

RISC-V Technology Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Smartphones
• 5G Devices
• Data Centers
• Personal Computers & Game Consoles
• Cellular Network Devices
• IoT Devices
• Others

RISC-V Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Computing & Storage
• Communication Infrastructure
• Consumer Electronics
• Automotive & Transportation
• Medical
• Aerospace & Military
• Industrial
• Others

RISC-V Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of RISC-V Technology Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies RISC-V technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the RISC-V technology companies profiled in this report include-

• Google
• Huawei Technologies
• Alibaba
• ZTE
• Western Digital
• Stream Computing
• SiFive
• Shanghai Starfive Technology
• Andes Technology
• Futurewei Technologies

RISC-V Technology Market Insights

Lucintel forecasts that 5G devices is expected to witness highest growth over the forecast period.

Within this market, consumer electronics will remain the largest segment due to increasing demand from different consumer electronics aplication, as smartphones, tablets, wearables, and smart home devices.

APAC will remain the largest region due to rapid economic growth and urbanization and significantly growing semiconductor industry in the region.

Features of the Global RISC-V Technology Market

Market Size Estimates: Risc-v technology market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Risc-v technology market size by application, end use, and region in terms of value ($B).

Regional Analysis: Risc-v technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the RISC-V technology market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the RISC-V technology market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the RISC-V technology market size?

Answer: The global RISC-V technology market is expected to reach an estimated $2.5 billion by 2030.

Q.2 What is the growth forecast for RISC-V technology market?

Answer: The global RISC-V technology market is expected to grow with a CAGR of 25.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the RISC-V technology market?

Answer: The major drivers for this market are rising concern for securing IoT devices, growing demand for connected autonomous vehicles, and increaisng adoption of internet of things (IoT).

Q4. What are the major segments for RISC-V technology market?

Answer: The future of the RISC-V technology market looks promising with opportunities in the computing & storage, communication infrastructure, consumer electronic, automotive & transportation, medical, aerospace & military, and industrial markets.

Q5. Who are the key RISC-V technology market companies?

Answer: Some of the key RISC-V technology companies are as follows:

• Google
• Huawei Technologies
• Alibaba
• ZTE
• Western Digital
• Stream Computing
• SiFive
• Shanghai Starfive Technology
• Andes Technology
• Futurewei Technologies

Q6. Which RISC-V technology market segment will be the largest in future?

Answer: Lucintel forecasts that 5G devices is expected to witness highest growth over the forecast period.

Q7. In RISC-V technology market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to rapid economic growth and urbanization and significantly growing semiconductor industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the RISC-V technology market by application (smartphones, 5G devices, data centers, personal computers & game consoles, cellular network devices, IoT devices, and others), end use (computing & storage, communication infrastructure, consumer electronics, automotive & transportation, medical, aerospace & military, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?