Microprocessor and GPU Global Market Opportunities and Strategies to 2033

This report describes and explains the microprocessor and GPU market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global microprocessor and GPU market reached a value of nearly $102.28 billion in 2023, having grown at a compound annual growth rate (CAGR) of 5.3% since 2018. The market is expected to grow from $102.28 billion in 2023 to $144.93 billion in 2028 at a rate of 7.2%. The market is then expected to grow at a CAGR of 8% from 2028 and reach $212.97 billion in 2033.

Growth in the historic period resulted from the strong economic growth in emerging markets, rise in disposable income and rising adoption of IoT and cloud services. Factor that negatively affected growth in the historic period was high development and manufacturing costs.

Going forward, increasing demand for consumer electronic goods, growing demand for autonomous and electric vehicles and increasing demand for energy-efficient solutions will drive the growth. Factor that could hinder the growth of the microprocessor and GPU market in the future include regulatory compliance.

The microprocessor and GPU market is segmented by architecture into X86, ARM, MIPS, Power and SPARC. The X86 market was the largest segment of the microprocessor and GPU market segmented by architecture, accounting for 66.3% or $67.76 billion of the total in 2023. Going forward, the ARM segment is expected to be the fastest growing segment in the microprocessor and GPU market segmented by architecture, at a CAGR of 8.1% during 2023-2028.

The microprocessor and GPU market is segmented by type into discrete and integrated. The integrated market was the largest segment of the microprocessor and GPU market segmented by type, accounting for 76.9% or $78.65 billion of the total in 2023. Going forward, the integrated segment is expected to be the fastest growing segment in the microprocessor and GPU market segmented by type, at a CAGR of 6.5% during 2023-2028.

The microprocessor and GPU market is segmented by application into consumer electronics, server, automotive, aerospace and defense, medical and other applications. The consumer electronics market was the largest segment of the microprocessor and GPU market segmented by application, accounting for 49.3% or $50.47 billion of the total in 2023. Going forward, the automotive segment is expected to be the fastest growing segment in the microprocessor and GPU market segmented by application, at a CAGR of 9.2% during 2023-2028.

Asia Pacific was the largest region in the microprocessor and GPU market, accounting for 42.3% or $43.27 billion of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the microprocessor and GPU market will be North America and Western Europe where growth will be at CAGRs of 9.2% and 8.4% respectively. These will be followed by Eastern Europe and South America where the markets are expected to grow at CAGRs of 7.8% and 6.7% respectively.

The global microprocessor and GPU market is concentrated, with a few large players operating in the market. The top ten competitors in the market made up to 46.6% of the total market in 2022. Intel Corporation was the largest competitor with 13.5% share of the market, followed by Nvidia Corporation with 9.6%, Qualcomm Technologies Incorporated with 8%, Samsung Electronics with 6.4%, Advanced Micro Devices, Inc. with 3.2%, Microchip Technology Incorporated with 1.5%, Broadcom Limited with 1.4%, Texas Instruments Incorporated with 1.2%, NXP Semiconductors N.V. with 1%, and ARM Holdings Plc with 0.9%.

The top opportunities in the microprocessor and GPU market segmented by architecture will arise in the X86 segment, which will gain $27.78 billion of global annual sales by 2028. The top opportunities in the microprocessor and GPU market segmented by type will arise in the integrated segment, which will gain $33.94 billion of global annual sales by 2028. The top opportunities in the microprocessor and GPU market segmented by application will arise in the consumer electronics segment, which will gain $21.46 billion of global annual sales by 2028. The microprocessor and GPU market size will gain the most in the USA at $11.99 billion.

Market-trend-based strategies for the microprocessor and GPU market include focus on the launch of high-performance processors with advanced features, integration of AI chips for enhanced computing power, focus on development of advanced gaming graphic cards with ultra-high resolution, expansion of new facilities to increase production capacity and strategic partnerships and collaborations among market players to expand capabilities.

Player-adopted strategies in the microprocessor and GPU market include focus on new product developments to expand its AI portfolio, enhancing operational capabilities through strategic partnerships and collaborations, and strengthening market position and business capabilities through new product developments.

To take advantage of the opportunities, the analyst recommends the microprocessor and GPU companies to focus on innovating high-performance processors for market leadership, focus on integrating ai chips for enhanced performance, focus on advancing gaming graphics cards, focus on facility expansions for market growth, focus on ARM and X86 architecture segments, expand in emerging markets, continue to focus on developed markets, focus on strategic collaborations for enhanced capabilities, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, focus on user-centric innovation for market success, focus on tailored solutions for electric vehicle manufacturers and focus on automotive and consumer electronics applications.