Next Generation Processors Market : Present Scenario and the Growth Prospects with Forecast 2024
The demand for next generation processors is primarily driven by their extensive use in smartphones, automated systems, intelligent buildings, intelligent cars, and other applications. Industries are seeking energy-efficient ways of mega-tasking without generating much heat. The aim being addressing the consumer demand for automation. While these factors will bolster the deployment of next generation processors, the market is also expected to gain from the proliferation of the Internet-of-things (IoT). Besides this, next generation processors are also deployed in heating, ventilating, and air conditioning (HVAC) systems. Transparency Market Research (TMR), forecasts the global next generation processor market to exhibit a CAGR of 17.6% between 2016 and 2024. At this pace, the market is expected to reach US$165.27 bn from a valuation of US$41.41 bn in 2015. Obtain Report Details @ http://www.transparencymarketresearch.com/next-generation-processors-market.html Regionally, Asia Pacific, Europe, North America, South America, and the Middle East and Africa constitute the key segments in the global next generation processor market. Among these regions, North America held the largest share in the overall market as it is considered a hub of intelligent building and automotive industries. While Europe will continue holding a considerable market share, it is in Asia Pacific that next generation processor vendors will witness impressive prospects. The rising demand witnessed in China and Japan will aid expansion of the next generation processor market in Asia Pacific. Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=20297 By end use, the global next generation processors market can be segmented into consumer electronics, information and communication technology, manufacturing, automotive, and others. Of these, the consumer electronics segment emerged dominant in the overall market. Due to the rising demand for smart technologies among consumers, the demand for next generation processors in the consumer electronics segment is forecast to increase.
In terms of volume, the automotive segment will hold significant market share owing to the increasing demand for intelligent cars rises that use sensors and automotive braking systems. Spurred by these factors, the global next generation processors market is likely to report robust growth. Some of the leading players operating in the market are Intel Corporation (US), Advanced Micro Devices Inc. (U.S.), VIA Technologies Inc. (Taiwan), Fujitsu Ltd (Japan), and Acer Group (Taiwan) among others. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com