Market Trends of Americas MPU Industry
Growing Consumer Electronic Demand
- The region is also home and hub to many major organizations for manufacturing consumer electronics, such as Apple, Dell, Sony, HP, and many more. The market is predicted to develop due to increased usage of cloud-based applications, data centers, and advancements in artificial intelligence and machine learning technologies. In addition, the growing demand for Augmented Reality and Virtual Reality devices, as well as digital cameras and gaming consoles, is propelling the regional microprocessor products forward.
- According to the International Energy Agency(IEA), the number of Battery Electric Vehicles (BEVs) have grown to 1.1 million in 2023, which was 0.8 million in 2022. With the growing number of BEAs, the demand for microprocessors is also expected to increase in the market at the same speed.
- Also, as per Meltwater, a software company, as of the Q3 of 2022, internet users in Brazil spent 4 hours and 04 minutes everyday online through computers and tablets; of the total 9 hours and 32 minutes of daily online usage, the time spent on mobile phones was 2 hours and 5 hours and 28 minutes, representing around 57.3 percent of the total. As things are getting more digitized in the region, the need for such devices is anticipated to grow further, thereby driving the regional market growth.
- All major SoC and chip manufacturers, including Qualcomm, are making significant efforts to make their MPUs as small as possible. Smaller and more advanced consumer electronics devices require small microprocessors in order to be suitable for the electronics design.
- Also, in October 2023, Qualcomm launched its computing powerhouse, the Snapdragon X Elite, showcasing the cutting-edge Oryon CPU. This processor is tailored for seamless on-device AI inference, promising a blend of robust productivity and captivating entertainment, all on the move. With a formidable 12-core setup, it runs at a base clock of 3.8GHz, surging up to an impressive 4.3GHz. Qualcomm asserts that the Snapdragon X Elite delivers double the CPU performance of a 10-core laptop CPU, all while consuming just a third of the power.
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United States to Hold the Largest Market Share
- The United States is among the world's top most advanced technology-driven and rapidly upgrading countries, comprising and hub and home to all the major players of technology-driven industries.
- The country is also the hub and home to many of the major players in the market, such as Micron, Qualcomm, Intel Corporation, Nividia, and many more. Thus any development in the market technology is likely to be getting started from the country through the development program of these players only that later transmit to other regions.
- Further, the country is also introducing different laws to develop the industry. For instance, in February 2024, the Biden administration announced a $1.5 billion government funding injection into GlobalFoundries, a computer chip company, to bolster its manufacturing capacities in New York and Vermont.
- In addition, in December 2023, Intel has launched its mobile processors from the much-anticipated Meteor Lake platform: the Core Ultra H and the Core Ultra U series. The Ultra Core H series, launched today, features four SKUs, comprising two Ultra 7 16-core (6P+8E+2LP) chips and two 14-core (4P+8E+2LP) Ultra 5 chips.
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