Microprocessor Market Outlook 2026 Global Industry Size, Share, Trends, Competition, Growth
According to TechSci Research, Global Microprocessor market was valued at USD85.85 billion in 2020 and is projected to grow around USD111.16 billion by 2026 owing to the growing popularity of 5G and high-performance computing devices. Furthermore, the increased adoption of cloud-based applications, data centres, advancement in artificial intelligence and machine learning technologies, as well as demand in household appliances and automobiles, is expected to drive the market growth. Also, the rising demand for Augmented Reality and Virtual Reality applications and devices, digital cameras, and gaming consoles is fueling the global microprocessors’ growth. Microprocessor is a controlling unit of a micro-computer, fabricated on chip which can perform Arithmetic Logic Unit (ALU) operations and capable of doing communication with other devices connected to it. Microprocessor consists of a Control Unit, Register Array & ALU where ALU performs arithmetic & logical op...