Multicore Processors Market Size to Hit USD 267.25 Billion

From GlobeNewswire: 2025-06-20 09:13:00

The Multicore Processors Market is booming, with a value of USD 98.13 billion in 2024 and projected to reach USD 267.25 billion by 2032, growing at a CAGR of 13.41%. Demand for high-performance computing is driving this growth, especially in sectors like telecom, consumer electronics, and automotive.

In the U.S., the multicore processors market is expected to grow from USD 19.33 billion in 2024 to USD 53.62 billion by 2032, with a CAGR of 13.67%. This growth is fueled by increased AI adoption, cloud computing needs, and government investments. Over 70% of smartphones introduced in 2024 had AI-enabled multicore processors, showcasing widespread integration globally.

Asia Pacific leads the Multicore Processors Market, with North America emerging as the fastest-growing region, driven by AI, defense, and cloud computing. China’s “Made in China 2025” initiative and innovation from companies like NVIDIA and Texas Instruments are propelling growth. Europe is also showing steady rise under Germany’s industrial capacity.

The Octa Core Processors segment leads the market with a revenue share of 39.06% in 2024, offering better multitasking performance and power economy. This segment is expected to grow at a CAGR of 13.71% from 2025-2032, driven by innovation and expanding use in mobile, AI, gaming, and edge computing applications.

The Computer segment holds the most market share at 62.82% in 2024, driven by demand for high-performance CPUs in workstations and servers. The Smart Mobile Device segment is projected to grow at the fastest CAGR of 14.49% over 2025-2032, fueled by rising smartphone and wearable use.

In 2024, the Automotive segment accounted for the largest market share at 32.95%, driven by the integration of ADAS and autonomous driving technologies. The Consumer Electronics segment is expected to grow at the fastest CAGR of 15.13% from 2025 to 2032, fueled by demand for smart appliances, gaming consoles, and AR devices.

Recent developments include Intel’s launch of Xeon 6 processors with P-cores for data center and AI workloads, and Nvidia’s upcoming Arm-based N1X PC chip with reported performance concerns. The market is dynamic and evolving rapidly, with key players like Intel, AMD, Qualcomm, and Samsung leading the way in innovation and product development.



Read more at GlobeNewswire: Multicore Processors Market Size to Hit USD 267.25 Billion