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Microprocessor Market Size, By Technology (Complex Instruction Set Computer (CISC), Reduced Instruction Set Computer (RISC), Application-specific Integrated Circuit (ASIC), Superscalar, Digital Signal Processor (DSP)), By Application (Automotive & Transportation, Consumer Electronics & Home Appliances, Industrial, Medical & Healthcare, Aerospace & Defense, IT & Telecom), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI5227
  • Published Date: Mar 2022
  • Report Format: PDF

Industry Trends

Microprocessor Market size exceeded USD 70 billion in 2021 and is anticipated to grow at over 4.5% CAGR from 2022 to 2028. The market growth is attributed to the rapid commercialization of 5G communication technology across the globe.

Microprocessor Market Overview

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The COVID-19 pandemic has severely impacted the market in the first half of 2020. In early 2020, prolonged lockdowns and international trade restrictions resulted in disruptions in the supply chain of raw materials and components. In addition, several automotive & consumer electronics manufacturers have shut down their manufacturing facilities, which further limited the adoption of microprocessor in the market. However, the growing work-from-home (WFH) trend across IT enterprises has spiked the industry demand for personal computers, laptops, and workstations.

Rising acceptance of CISC-based processors across gaming consoles will spur the market expansion

The Complex Instruction Set Computer (CISC) segment valued at USD 30 billion in 2021 and is projected to witness 4.5% growth rate through 2028. The industry growth is credited to several features offered by the CISC-based processor such as low power consumption, low memory storage requirement, and low-cost benefits compared to other processors in the market. These features increase its market adoption across gaming hardware, automotive electronics, and IT & telecom infrastructure, among others.

The rising usage of CISC-based processors across gaming hardware, such as gaming consoles, VR/AR, and digital PCs, will fuel the market value. According to a March 2021 press release by the Association for UK Interactive Entertainment (UKIE), the UK video games market was valued at USD 9.3 billion in FY2020. The market has showcased a strong growth rate of approximately 39% in 2020 compared to 2019. The gaming hardware including video games, consoles, VR devices is highly incorporated with CISC-based processors due to their complex instruction set execution capabilities. The proliferation of CISC-based gaming devices will foster the industry size in the coming years.

Proliferation of smart home devices to propel the microprocessor market revenue

Microprocessor Market Size

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The consumer electronics & home appliances segment held 40% of the market share in 2021 and is estimated to attain a CAGR of 5% till 2028. The industry expansion is owing to the increasing adoption of microprocessor in consumer electronics devices such as wearable electronics, tablets, laptops, and smartphones. A microprocessor acts as the brain of the consumer electronic device and achieves data processing capabilities at higher speeds. Adding to this, the proliferation of IoT technology across home appliances, such as smart door locks, smart refrigerators, and smart vacuums, will stimulate the market opportunities of microprocessor.

The expansive penetration of smart homes across developed economies, such as the U.S., Canada, Germany, Spain, and France, will accelerate the acceptance of smart home technology products, supporting the industry progression. According to a July 2021 press release by the Consumer Technology Association, over 100 million smart home devices were shipped in U.S. in 2021, which accounted for USD 15 billion in revenue. Smart home devices including home robots and smart speakers observed high adoption in 2021 across the U.S. These devices are highly incorporated with microprocessor, further impelling the market opportunities during the forecast timeframe.

Increasing investments by foundry players to support semiconductor manufacturing will create growth opportunities for APAC region

 APAC Microprocessor Market

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Asia Pacific microprocessor market accounted for 45% of revenue share in 2021 led by the growing investments by regional foundry leaders to expand their production capabilities in the APAC region. For instance, in March 2021, SMIC in collaboration with the Chinese government invested USD 2.35 billion to build a new semiconductor foundry in the country by 2022. The new plant will focus on manufacturing chipsets with 28nm process technology and above. These foundries focus on the mass manufacturing of semiconductor wafers and chipsets, which are used to produce microprocessor. Such new plant expansion will boost market opportunities for microprocessor vendors in the industry during the forecast period.

Focus on new product developments and launches to gain a competitive advantage in the industry

Key companies operating in the market include Analog Devices, Inc., Arm Limited, Broadcom, Intel Corporation, Marvell, Microchip Technology, Inc., Qualcomm, Samsung, STMicroelectronics, and Texas Instruments Incorporated. These industry participants are proactively focusing on developing and launching technically advanced products to stay competitive in the market.

The microprocessor market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:

Market, By Technology

  • Complex Instruction Set Computer (CISC)
  • Reduced Instruction Set Computer (RISC)
  • Application-specific Integrated Circuit (ASIC)
  • Superscalar
  • Digital Signal Processor (DSP)

Market, By Application

  • Automotive & transportation
  • Consumer electronics & home appliances
  • Industrial
  • Medical & healthcare
  • Aerospace & defense
  • IT & telecom
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • Israel


Authors: Preeti Wadhwani, Prasenjit Saha

Frequently Asked Questions (FAQ) :

The global market size of microprocessor exceeded $70 billion in 2021 and is predicted to register a CAGR of more than 4.5% during the forecast timeline of 2022-2028.

The Complex Instruction Set Computer (CISC) segment was valued at $30 billion in 2021 and is anticipated to witness 4.5% CAGR through 2028 as these microprocessors offer many advantages, such as low memory storage requirement and low power consumption.

The consumer electronics & home appliance applications held 40% of the market share in 2021 as microprocessors are being installed in several consumer electronic devices, such as tablets, wearable electronics, laptops, and smartphones.

Asia Pacific captured 45% of revenue share in 2021 as many leading foundries are increasing their investments to extend their production capabilities.

Major companies, such as Analog Devices, Inc., Broadcom, Arm Limited, Marvell, Intel Corporation, Microchip Technology, Inc., Samsung, and Texas Instruments Incorporated, among numerous others, are manufacturing high-end microprocessors for their clients across the world.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 183
  • Countries covered: 16
  • Pages: 250

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