64-bit Computing Market Taxonomy
On the basis of application, the global 64-bit computing market is segmented into:
Automotive
Communication
Consumer Electronics
Industrial
Medical Devices
Military & Defense
Others
Among applications, the automotive application segment holds a dominant position and is
projected to retain its dominance throughout the forecast period.
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North America holds the largest market share of the global 64-bit computing market
On the basis of geography, the global 64-bit computing market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a
dominant position in the global 64-bit computing market in 2016 and is projected to retain its
dominance throughout the forecast period. Due to increasing demand for microcontrollers in
photovoltaic systems and smart energy management application is boosting growth of the
market for 64-bit computing in the North America. Additionally, the increasing penetration of
smartphone and tablets and other consumer electronic devices is creating growth opportunities
for the 64-bit computing market in this region. The U.S. and Canada are the major growth
engines in the region. According to Coherent Market Insights’ analysis, 207 million smartphone
users were recorded in 2016, the number for which is expected to reach up to 264 million
smartphone users by 2021. Similarly, in Canada, smartphone user population is expected to
reach 27.3 million by 2021 i.e. 72.2% of the total population. Asia Pacific 64 bit computing
market is expected to exhibit fastest growth in the near future. Growing automotive and
consumer electronics industry in Asia Pacific countries is a major factor influencing growth of
the 64-bit computing market in this region. Increasing adoption of electronic vehicles in Asia
Pacific is increasing the demand for 64-bit computing. China is the leading country for the
electronic cars worldwide, followed by the U.S.