| Source: Allied Market Research
Pune, INDIA
Portland, OR, Oct. 27, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global computer microchips market generated $21.2 billion in 2021, and is projected to reach $57.3 billion by 2031, growing at a CAGR of 10.6% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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The report offers detailed segmentation of the global computer microchips market based on type, application, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
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Based on application, the consumer electronics segment held the dominating market share in 2021, holding nearly half of the global computer microchips market share, and is expected to maintain its leadership status during the forecast period. The automotive segment, on the other hand, is expected to cite the fastest CAGR of 11.97% during the forecast period.
Based on type, the Memory Chips segment held the dominating market share in 2021, holding nearly three-fifths of the global computer microchips market share, and is expected to maintain its leadership status during the forecast period. The logic chips segment, on the other hand, is expected to cite the fastest CAGR of 11.5% during the forecast period.
Based on region, the Asia-Pacific region held the largest market share in 2021, holding nearly half of the global computer microchips market share, and is expected to maintain its leadership status during the forecast period. The European region, on the other hand, is expected to cite the fastest CAGR of 12.39% during the forecast period.
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The key players analyzed in the global computer microchips market report include Intel Corporation, Taiwan Semiconductor Manufacturing Co. Ltd, QUALCOMM Incorporated, Broadcom Inc., Texas Instruments Inc., NVIDIA Corporation, ST Microelectronics NV, NXP Semiconductors NV, Advanced Micro Devices Inc, and Infineon Technologies.
The report analyzes these key players in the global computer microchips market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
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Computer Microchips Market Key Segments:
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