Next Generation Processors Market Size, Share, Trend and Forecast Next Generation Processors Market - Global Industr

Next Generation Processors Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024
Next Generation Processors Market: Overview
Next Generation Processors are high end processors that are extensively used in smartphones,
intelligent cars and intelligent buildings among others. These processors are extremely low heat
generating and highly energy efficient. There is an increasing utilization of internet of things (IoT) owing
to higher penetration of internet that augmenting the market for intelligent buildings to a larger extent.
Application of next generation processors are widely utilized in HVAC (heating, ventilating and air
conditioning) system and that finally enlarges the market for next generation processor.
The report also provides assessment of different drivers that is impacting the global market, along with
the restraints and opportunities that have also been covered under the scope of this report. All these
factors helps in determining different trends that has been impacting the overall market growth.
Moreover, after taking into consideration all this factors, an extensive analysis of the region wise
growth parameters of next generation processor market along with the overall assessment for the
forecast period of 2016-2024 has been also been provided within this report.
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Global Next Generation Processors Market: Drivers and Restraints
One of the important driving factors of this market is the growing market share of consumer electronics.
Smartphones, smart televisions and various other smart electronic gadgets require these high-end
processors and thus, stimulate growth prospect of this market. Technically advanced and highly
industrialized nations such as Japan, Germany, the U.S.A, the U.K etc. have emphasized on smart
manufacturing since the last decade thereby driving this market. Furthermore, growing automation of
the automotive segment in these developed nations have been largely responsible for the increasing
demand of next generation processors in these countries. Emphasis on smart manufacturing
However, high cost of raw materials is restraining the growth trajectory of this market. Next Generation
Processors are mostly made of silicon, aluminum and rising prices of these components actually
increase the cost of production of this product. Another major restraint of this market is that the market
is highly fragmented and there is a number of large, medium and small sized firms in this market. Due
to lower amount of concentration, initial set up cost of this market is too high to earn significant profit
for small and medium sized firms. These restraint the growth prospect of this market as well.
Furthermore, many softwares are not incompatible with these processors as they are very high-end,
thereby hindering the growth of this market.
Global Next Generation Processors Market: Key Segments
The market for next generation processor is segmented on the basis of end user and the segments
are consumer electronics, information and communication technology, automotive and manufacturing