ICT Industry Reports

Growing micro data center, rising usage of personal computing devices, increasing demand of high-performance computing technology outlook to boost the global microprocessor market’s development through 2026. According to TechSci Research report “ Microprocessor Market  — Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026 ”, Global microprocessor market is anticipated to grow at a CAGR of 4.44% in value terms, in the next five years to reach USD111.16 billion by 2026. The market was valued USD85.85 billion in 2020 and is expected to be driven by increasing proliferation of internet services and the growing trend of portable devices. Moreover, the adoption of work-from-home and distance learning modes in the midst of the COVID-19 pandemic has increased the sales of computers and smartphones around the world, further propelling the industry's growth. The growing exchange of data through IoT-connected devices has created a demand for micro-data ...

Growing micro data center, rising usage of personal computing devices, increasing demand of high-performance computing technology outlook to boost the global microprocessor market’s development through 2026. According to TechSci Research report “ Microprocessor Market  — Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026 ”, Global microprocessor market is anticipated to grow at a CAGR of 4.44% in value terms, in the next five years to reach USD111.16 billion by 2026. The market was valued USD85.85 billion in 2020 and is expected to be driven by increasing proliferation of internet services and the growing trend of portable devices. Moreover, the adoption of work-from-home and distance learning modes in the midst of the COVID-19 pandemic has increased the sales of computers and smartphones around the world, further propelling the industry's growth. The growing exchange of data through IoT-connected devices has created a demand for micro-data ...

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...