Global Microprocessor Market 2015-2019
A microprocessor is a processing unit that acts as the brain in electronic devices. Microprocessors are computational semiconductor devices fabricated on a single chip. Over the years, microprocessors have become more powerful, faster, smaller, and affordable. The superior performance of microprocessors has led to their deployment in computers, smartphones, tablets, gaming consoles, and automobiles.
Technavio's analysts forecast the global microprocessor market to grow at a CAGR of 6.48% over the period 2014-2019.
Covered in this Report
This report covers the present and future scenarios of the global microprocessor market for the period 2015-2019. Technavio uses 2014 as the base year and provides data for the 12 trailing months.
To calculate market size, analysts considered the revenue generated by sales of microprocessors in computers, mobile phones, tablets, and automobiles across the globe. However, the following were not considered while calculating the market size:
Technavio Announces the Publication of its Research Report – Global Microprocessor Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Microprocessor Market: Advanced Micro Devices, Intel, Qualcomm and Samsung Semiconductor
Other Prominent Vendors in the market are: Broadcom, Freescale Semiconductor, MediaTek, Nvidia and Texas Instruments
Commenting on the report, an analyst from Technavio’s team said: “Portable electronic devices such as smartphones and tablets become obsolete after a short time. This is because of rapid launches of next-version models by vendors. The duration of the replacement cycle period, on average, is 8-12 months. In the past, the replacement period was much longer. Because of the reduction in product replacement cycle time, the demand for microprocessors in newly launched devices is expected to rise dramatically, and this will increase the revenue of the market.”
According to the report, the availability of low-cost smartphones in emerging markets such as China and India and the increase in the number of mobile broadband subscribers and mobile Internet users are expected to increase the shipment of smartphones to more than 2 billion units by 2019. This is a significant increase on shipments in 2013, recorded at 1 billion units, and is partly because of regional vendors introducing tablets in their home countries. As the number of tablets sold by regional vendors increases, it follows that microprocessors, an integral part of such devices, will undergo a similar rise in demand, leading to market growth during the forecast period.
Further, the report states that the market requires high capital investment, which is a major challenge for its growth.
Advanced Micro Devices, Intel, Qualcomm, Samsung Semiconductor, Broadcom, Freescale Semiconductor, MediaTek, Nvidia, Texas Instruments