How big is the RISC-V Tech Market?

The RISC-V Tech Market size is expected to reach USD 1.02 billion in 2024 and grow at a CAGR of 37.85% to reach USD 5.08 billion by 2029. Read More

What is the current RISC-V Tech Market size?

In 2024, the RISC-V Tech Market size is expected to reach USD 1.02 billion. Read More

Who are the key players in RISC-V Tech Market?

Codasip S.R.O., Microchip Technology Incorporated, Bluespec, Google Inc. (Alphabet Inc.) and Alibaba Group Holdings Ltd. are the major companies operating in the RISC-V Tech Market. Read More

Which is the fastest growing region in RISC-V Tech Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in RISC-V Tech Market?

In 2024, the Asia Pacific accounts for the largest market share in RISC-V Tech Market. Read More

What years does this RISC-V Tech Market cover, and what was the market size in 2023?

In 2023, the RISC-V Tech Market size was estimated at USD 0.63 billion. The report covers the RISC-V Tech Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RISC-V Tech Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

RISC-V Tech Market Share

Statistics for the 2023 & 2024 RISC-V Tech market share, created by Mordor Intelligence™ Industry Reports. RISC-V Tech share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of RISC-V Tech Industry

Arm, backed by major players like NVIDIA, holds a significant position in mobile, IoT, and automotive sectors. RISC-V competes by emphasizing customization and cost-effectiveness but faces strong rivals with established ecosystems and reputations.

Multiple companies are now developing RISC-V-based products (e.g., SiFive, Alibaba's T-Head), intensifying competition within the RISC-V ecosystem. This internal rivalry pushes companies to innovate but can dilute market share.

As automotive, Internet of Things (IoT), and 5G industries show growing interest, the RISC-V market is expanding. However, the competition remains fierce, with rivals pouring resources into developing advanced RISC-V tools and support.

Overall, competitive rivalry is expected to be moderately high and to remain the same during the forecast period.