Multi-Core Processors Market estimated at US$60.3 Billion in the year 2020, is projected to reach a revised size of US$172.7 Billion by 2027, growing at a CAGR of 16.2% over the analysis period 2020-2027. Multicore processor is a processor with two or more actual central processing units called cores which reads and executes the program instructions. Multicore processors market is driven by the growing demand for faster computing systems having higher functionality. As with technology these things are getting advanced so as the processors. Consumers need high speed and efficiency from these processors.
Based on type, the multi-core processors market has been divided into dual-core processors, quad-core processors, octa-core processors, and Hexa-core processors. Based on end-user, the multi-core processors market has been divided into consumer electronics, automotive, telecommunications, healthcare, energy, and others. Based on regional scales, the multi-core processors market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
With an increase in demand for advanced capabilities of computers and smartphones and many developments in this industry are taking place. Companies are developing processors with cores up to 32 and also making smart processors like the human brain. Development of processors like “Loihi” and “Tangle Lake” which work with quantum and neuromorphic computing is one of the greatest achievements by the companies.
With the increasing complexity of computer applications, and heat dissipation issues caused demand for better performance, led to the development of multiple cores in processors. Development in multicore processors successfully met the growing demand for faster and better-performing devices. Thus, boosting their application, across different devices, globally
Report : Multi-Core Processor Market - By Type (Dual-core Processors, Quad-core Processors, Octa-core Processors, and Hexa-core Processors), By End-User (Consumer Electronics, Automotive, Telecommunications, Healthcare, Energy, and Others), and By Region (North America, Europe, Asia-Pacific, the Middle East & Africa and South America) - Industry Analysis, opportunity and Forecast 2020 To 2027