Global Multi Core Processors Market Research Report: Global Forecast Till 2025 ($110.8 Billion Market)
November 14, 2019 by Market-NewsFlash
Global Multi-Core Processors Market Research Report: by Type (Dual Core Processors, Quad Core Processors, Octa-Core Processors, and Hexa-Core Processors), by End User (Consumer Electronics, Automotive, Telecommunications, Healthcare, Energy, and Others), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) — Forecast till 2025
The global market for multi-core processors was valued at USD 35.4 billion in 2018; it is expected to reach USD 110.8 billion by the end of the forecast period at a CAGR of 17.7%.
Multi-core architectures are gaining importance in the electronics and semiconductor industries, with new smartphones featuring dual, quad, hexa and octa core processors. Increasing electronic content in automotive, need for better packet processing in telecom equipment are expected to drive the multi-core processors market during the forecast period. High demand of multicore processors in smartphone industry and is also expected to drive the market during forecast period.
Multicore processors varies in terms of their data and instructions caches and also varies with their bus architectures. Two types of isolation is required for core: physical isolation and temporal isolation. Some advantages of multicore processing are energy efficiency, performance, reliability, and hardware cost.
The market in North Ameirca is projected to maintain its dominance in the global multi-core processors market owing to the rapid adoption of multi-core technology in countries such as US and Canada. Consumer electronics and automotive sector is expected to dominate the multi-core processors market in North America.
Europe holds the third spot in the multi-core processors market. This is predominantly due to the rising adoption of various advanced technologies in the automotive sector. Asia-Pacific is expected to grow at a faster rate during the forecast period due to the presence of telecommunication industries and growing conumer electronics market in China, Japan, and India. Rest of the world which is divided into Middle East and Africa and South America is expected to grow at stable rate during forecast period due to the slow adoption process of new technologies and largly depends on North American and Asia-Pacific market.
By type, the multi-core processors market has been segmented into dual-core processors, quad-core processors, octa-core processors, and hexa-core processors. By end user, the multi-core processors market has been segmented into consumer electronics, automotive, telecommunications, healthcare, energy, and others. By region, the multi-core processors market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The key players in the multi-core processors market are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Apple Inc. (US), MediaTek Inc. (Taiwan), Samsung (South Korea), Xiaomi Corporation (China), Spreadtrum Communications (China), NXP Semiconductors (Netherlands), Texas Instruments (US), Nvidia Corporation (US), Advanced Micro Devices, Inc. (US), ARM Holdings, PLC (UK), Broadcom Corporation (US), and Marvell (Bermuda).
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