A microprocessor is an electronic component which integrated on a single integrated circuit that contains millions of small components such as transistors, diodes, and resistors. It has various functions such as data storage, timing functions, and integration with the peripheral devices. These integrated circuits are used in several electronic devices such as smartphones, tablets, servers, embedded devices, and others.
The increase in use of microprocessors in consumer electronics, such as personal computers, smartphones, and laptops is expected to boost the global microprocessor market growth. Furthermore, growing demand for smartphones and tablets is expected to propel the demand of microprocessors in the market. The microprocessors are used to enhance the performance of smartphones as well as used to enhance the efficiency and speed of a smartphones. Microprocessors are initially designed for personal computers and servers. These are now being used in automotive applications like infotainment systems and advanced driver assistance systems, to provide improved connectivity and high speed to vehicle systems.
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High cost is the major restraint expected to hamper the global microprocessor market growth. Also, the increase in spread of COVID 19 pandemic across the globe is expected to limit the global microprocessor market growth. Most notably, the China is expected be largely affected as several manufacturing companies remain closed to curd the impact of COVID-19.
The Global Microprocessor Market is segmented into technology such as RISC, CISC, ASIC, Superscalar, and DSP. On the basis of application, the global microprocessor market into Personal Computers, Smartphones, Servers, Tablets, Embedded Devices, and Others. Further, market is segmented into vertical such as Consumer Electronics, Automotive, BFSI, Aerospace & Defense, Medical, and Industrial.
Also, Global Microprocessor Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players discussed in this report such as Samsung Electronics, ARM Holdings, Intel Corporation, Nvidia Corporation, AMD, and Qualcomm.
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