Overview and Scope
A multicore processor is an integrated circuit that has two or more processor cores attached that enable users to execute their core processes quickly. It is used to increase the performance of a system that is running concurrent applications and reduce power consumption.
Sizing and Forecast
The multi-core processor market size has grown rapidly in recent years. It will grow from <b>$91.47 billion in 2023 to $105.17 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. </b> The growth in the historic period can be attributed to energy efficiency, gaming industry, environmental concerns, medical imaging, cost efficiency.
The multi-core processor market size is expected to see rapid growth in the next few years. It will grow to <b>$191.46 billion in 2028 at a compound annual growth rate (CAGR) of 16.2%. </b> The growth in the forecast period can be attributed to performance demands, server performance, cybersecurity, mobile devices, renewable resources. Major trends in the forecast period include cloud computing, server performance, artificial intelligence, 5g technology, data analytics.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/multi-core-processor-global-market-report
Segmentation & Regional Insights
The multi-core processor market covered in this report is segmented –
1) By Type: Octa Core Processors, Hexa Core Processors, Quad Core Processors, Dual Core Processors
2) By Application: Computer, Smart Mobile Device, Other Applications
3) By End-User: Consumer Electronics, Automotive, Telecommunications, Energy, Healthcare, Other End-Users
<b>North America</b> was the largest region in the multi-core processor market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-core processor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6738&type=smp
Major Driver Impacting Market Growth
The increase in demand for smartphones is expected to propel the growth of the multi-core processor market going forward. A Smartphone refers to a handheld electronic gadget that furnishes a connection to a cellular network and the internet. Smartphones with multi-core processors are helpful for handling and executing tasks and can perform more and heavier apps simultaneously. For instance, in April 2021, according to a report by the Pew Research Center, 6 in 10 Americans own a smartphone (64%), and 2 in 10 Americans now access the Internet primarily through their mobile devices. The report also states that 17% of American smartphone owners have used their phone to report a community problem in their neighborhood (such as a pothole or missing street sign) to the local authorities. Therefore, an increase in demand for smartphones is driving the growth of the multi-core processor market.
Key Industry Players
Major companies operating in the multi-core processor market include <b> Advanced Micro Devices Inc., Apple Inc., Applied Micro Circuits Corporation, ARM Holdings plc, Broadcom Inc., Cavium Inc., Intel Corporation, MACOM Technology Solutions Holdings Inc., MediaTek Inc., NVIDIA Corporation, NXP Semiconductors N.V., Qualcomm Incorporated, Samsung Electronics Co. Ltd., Spreadtrum Communications Inc., Texas Instruments Incorporated, International Business Machines Corporation, Ampere Computing LLC, Andes Technology Corporation, Centaur Technology Inc., C-SKY Microsystems Co. Ltd., Imagination Technologies Limited, Marvell Technology Group Ltd., Microchip Technology Incorporated, MIPS Tech Inc. (Wave Computing Inc.), Open-Silicon Inc., RDA Microelectronics Inc., Renesas Electronics Corporation, SiFive Inc., STMicroelectronics N.V., Synopsys Inc., VIA Technologies Inc., ZTE Microelectronics Technology Co. Ltd. </b>
The multi-core processor market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Multi Core Processor Market ReportMulti-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.
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.Key PlayersThe 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).Regional AnalysisThe 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.
Multi Core Processor Market ShareThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Multi Core Processor Market Share.
The growth sectors of the Multi Core Processor Market Share are identified with precision for a better growth perspective.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.
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.Key PlayersThe 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).Regional AnalysisThe 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.
The global Multi-Core Processor market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.This report studies the global Multi-Core Processor market status and forecast, categorizes the global Multi-Core Processor market size (value & volume) by key players, type, application, and region.
This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-multi-core-processor-2019-575Major manufacturers covered in this reportIntelDellAdvanced Micro DevicesApplied Micro CircuitsARMBroadcomTo know more manufacturersIn view of regional level, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaSegment by TypeDual-core ProcessorQuad-core ProcesserEight-core ProcessorOthersSegment by ApplicationComputerSmart Mobile DeviceOthersGet the Complete Report & TOC at https://www.24marketreports.com/semiconductor-and-electronics/global-multi-core-processor-2019-575CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
