The microprocessor is defined as an electronic component that is used by a computer to perform its work. It is also known as a central processing unit on a single integrated circuit chip consisting of millions of small devices, including resistors, transistors, and diodes which work collectively. The graphics processing unit, a specified processor, is intended to stimulate graphics rendering. Over time, they became more feasible and programmable, enhancing their capabilities.

Factors such as cloud computing, the rise of 5G, and software-as-a-service subscription models are projected to foster the demand for microprocessors. Edge computing is another factor growing as a prominent element for 5G. Edge computing offers network operators to acquire more value from networks which was not possible with earlier architectures. Moreover, users such as architects and graphic designers depend on inexpensive workstations for working on image processing-associated applications involving 2D and 3D graphics. This requires the processing of compound algorithms, which is made possible by utilizing specialized graphical processors.  Advancements in devices, such as laptops, smart TVs, and speakers, which provide enormous visual experiences, such as 4K and 8K viewing and high-quality sound, by using a high-quality codec and audio processors for sound processing, have increased demand for microprocessors in these devices, further favoring the market growth.

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Furthermore, the rising demand for artificial intelligence (AI) and deep learning-based applications, such as supercomputers, and rising adoption of smart factories and industry 4.0 are anticipated to generate lucrative opportunities for the market during the forecast period.

The Microprocessor and GPU Market research report titled “Microprocessor and GPU Market based on Product, GPU Type, Application, and Geography– Global Forecast to 2027.”

Key players include SAPPHIRE Technology Limited, Qualcomm Technologies, Inc., Advanced Micro Devices, Inc, Renesas Electronics Corporation, NXP Semiconductors, and Imagination Technologies Limited.

Growth in the choice of technologies that allow digital transformation such as artificial intelligence (AI), deep learning, and the IoT among multiple sectors has augmented the demand for microprocessors and GPU in this region, which are the factors responsible for the highest growth rate of the region.

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The report consists of 96 Tables and 66 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.

Microprocessor and GPU Market based on Product

• X86
• ARM
• MIPS

Microprocessor and GPU Market based on GPU Type

• Discrete
• Integrated

Microprocessor and GPU Market based on Application

• Home Appliance
• Server
• BFSI
• Aerospace Defense
• Medical
• Industry
• Other

Microprocessor and GPU Market based on Geography

• North America
• Europe
• Asia Pacific
• Rest of the World