Market Research Report Store Microprocessor and GPU Market | Page 4
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37
5.2.1.1 Growing market for wearable devices, especially smartwatches 37
5.2.1.2 Migration of data from on-premise environments to cloud-based server environments driving
the growth for server processors 37
5.2.1.3 Growing impact of Internet of Things (IoT) 38
5.2.2 RESTRAINTS 39
5.2.2.1 Growing preference toward portable devices over larger computing devices affecting the sales
of processors for personal computers 39
5.2.2.2 Low-cost solution affecting the revenues of many major companies in this industry 39
5.2.3 OPPORTUNITIES 40
5.2.3.1 Increasing usage of electronics in automobiles offering a growth opportunity for low-power
processors 40
5.2.3.2 Widening artificial intelligence (AI) applications 40
5.2.4 CHALLENGES 41
5.2.4.1 Rapid technological changes in markets requiring the development of new technologies and
products 41
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