Heterogeneous Mobile Processing and Computing Market by Offering (Hardware, Software)
Industry: Semiconductor Electronics
Published Date: March-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33404
The Global Heterogeneous Mobile Processing and Computing Market size reached US$ 87.8 billion in 2022. From 2022 to 2032, global heterogeneous mobile processing and computing sales revenue will increase at 15.8% CAGR. By the end of 2032, total market valuation will cross US$ 382 billion mark.
Industrial sector is likely to be the significant revenue-generating segment. A CAGR of 15.6% has been predicted by Persistence Market Research for this segment.
Key Growth Shaping Factors:
A system that uses more than one type of computing processor or core such as GFU, CPU, or DPU is known as heterogeneous computing. Its main purpose is to maximize performance and energy efficiency.
Heterogeneous mobile processing and computing uses various components such as CPU and GPU together on the same silicone chip. It significantly improves 3D graphic capabilities.
Heterogeneous architectures add an FPGA or ASIC (application-specific integrated circuit) instead of using just a single GPU or CPU to perform highly dedicated processing tasks.
By combining different components, heterogeneous mobile processing and computing offers numerous advantages. This includes high-definition video conferencing and real-time language translation among others.
CPUs are utilized for various purposes such as addressing data parallel programming task. Similarly, FPGAs perform the function of speech recognition and digital signal processing. By combining all benefits of these devices (CPUs, FPGA, and GPUs), heterogeneous mobile processing (HMP) and computing enhances overall performance.
Heterogeneous mobile processing and computing systems are used in a wide variety of industries. This includes consumer electronics, defense, telecommunication, automotive, etc.
Rising applications of heterogeneous mobile processing and computing across industries such as telecommunication, consumer electronics, and automotive will drive the global market.
Increasing demand for high-performance & miniaturized electronic devices will boost sales revenues. Similarly, growing expectations for advanced visual experiences such as viewing video playback and content in HD will uplift global HMP and computing demand.
Development of operating systems for advanced multitasking capabilities which require high processing efficiency is likely to fuel market expansion.
Further, growing demand for advanced automotive navigation devices and gaming consoles will bode well for the market.
| Attributes | Key Insights |
|---|---|
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Global Heterogeneous Mobile Processing and Computing Market Size in 2022 |
US$ 87.8 billion |
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Projected Market Size (2032) |
US$ 382 billion |
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Value-based CAGR (2022 to 2032) |
15.8% |
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USA Market CAGR (2022 to 2032) |
14.6% |
Global heterogeneous mobile processing and computing market demand grew at 20.6% CAGR between 2017 and 2021. Total market valuation at the end of 2021 reached US$ 72.9 billion.
Between 2022 and 2032, the global market is forecast to showcase strong growth. It will develop at 15.8% CAGR through 2032, creating an absolute $ opportunity of US$ 294.2 billion.
Key factor driving the global heterogeneous mobile processing and computing market is the growing demand for miniaturized GPUs and high-end electrical devices.
High penetration of intelligent client gadgets will encourage the adoption of heterogeneous mobile processing & computing throughout the projection period.
Ongoing mechanical progressions in heterogeneous mobile processing & computing items are a key element projected to boost the market through 2032.
The market will also expand as a result of rising demand for cutting-edge visual experiences such as HD content viewing and video playing as well as expanding the accessibility of computerized content.
Growing demand for high handling productivity is further arousing interest in heterogeneous mobile processing and computing as a working framework for cutting-edge multitasking capacities emerges.
The market will also be driven by the growing need for high computational speed, power efficiency, and elite technology. The market's versatility and growing interest in bespoke hardware also present System on Chip (SoC) manufacturers with tempting opportunities.
Rising demand in the semiconductor industry for high utility on a single chip will support market expansion.
Ongoing innovation in businesses, such as in consumer electronics and media transmission will create lucrative opportunities for heterogeneous mobile processing and computing companies.
However, the complexity of building such a processing environment at an analogous level has an impact on how HMP and computing arrangements grow.
Key factors that are increasing demand for heterogeneous mobile processing and computing are the increasing demand for mobile devices and the increasing focus on energy efficiency.
The need for more potent and effective CPUs is rising along with the adoption of smartphones, tablets, and other mobile devices. Heterogeneous mobile processing enables the effective use of several processing units to enhance the performance and usefulness of the device as a whole.
The demand for more potent and effective processing capabilities is being driven by developments in mobile technology. This includes the creation of 5G networks and the Internet of Things (IoT).
To satisfy these expectations, heterogeneous mobile processing makes use of the advantages of several processing units. Driven by this, heterogeneous mobile processing and computing demand will rise at a robust pace.
As more apps and services are created that rely on these technologies, AI and machine learning are becoming more significant in the mobile industry. Delivering high-performance and responsive mobile experiences requires the effective execution of AI and machine learning algorithms. This is possible with heterogeneous mobile processing.
One of the areas of the mobile industry that are expanding quickly is mobile gaming. For current mobile gaming to function properly, high-quality visuals and performance must be delivered via heterogeneous mobile processors. This will boost heterogeneous mobile processing and computing sales revenue.
Heterogeneous mobile processing requires specialized hardware and software, which is complex and expensive to develop and implement. This makes it difficult for smaller companies to enter the market and compete with larger players.
Integrating several processors and architectural types is a common component of heterogeneous mobile processing. It can cause compatibility problems and make it challenging to obtain the best performance.
This provides considerable difficulties for designers and producers thereby slowing down expansion of the market.
The efficacy and uptake of heterogeneous mobile processing are constrained by the fact that many software applications and programs are not optimized for it. For businesses seeking to create and promote new products and services, this is a critical barrier.
What is the Growth Projection for the United States Heterogeneous Mobile Processing and Computing Market?
The United States heterogeneous mobile processing and computing market value will reach US$ 60.3 billion by 2032. It will generate create an absolute $ growth of US$ 44.8 billion over the next ten years.
Heterogeneous mobile processing and computing demand in the United States of America grew at 17.1% CAGR from 2017 to 2021. A robust CAGR of 14.6% for the projection period has been assigned by Persistence Market Research for the United States of America market.
Rising demand for high-performance electronic devices is a key factor driving the United States of America market. Similarly, advancements in computing and processing systems will boost the market.
Further, various strategies adopted by United States of America-based companies are supporting market expansion. For instance, in April 2021, Nvidia Corporation unveiled NVIDIA Grace, the CPU for HPC and Giant AI.
It is an extremely specialized processor ideal for workloads such as producing advanced NLP models with trillions of parameters. In comparison to cutting-edge NVIDIA DGXTM-based systems, a Grace CPU-based system will operate 10 times quicker.
How Will Growth Unfold in China Heterogeneous Mobile Processing and Computing Market?
China heterogeneous mobile processing and computing market exhibited a CAGR of 22.9% from 2017 to 2022. Over the assessment period, heterogeneous mobile processing and computing sales revenue in China market will increase at 17.4% CAGR.
By the end of 2032, China market will cross a valuation of US$ 95.9 billion, creating an absolute $ opportunity of US$ 76.6 billion.
Increasing penetration of smartphones and tablets with high-end graphics is likely to create high demand for heterogeneous mobile processing and computing across China. Further, high penetration of AI and IoT will support market expansion in China.
Similarly, large presence of leading heterogeneous mobile processing and computing companies will boost China market. Several China-based companies are introducing new solutions to meet growing end user demand.
For instance, in June 2020, FusionServer Pro 6 intelligent was launched by Huawei Technologies. The third-generation Intel Xeon Scalable CPU is capable of supporting both conventional and unique configurations with up to eight sockets.
The FusionServer Pro 2488H V6, a new 4-socket rack server from Huawei, features the next-generation Intel CPU and supports the Intel Optane permanent memory (PMem) 200 series. It offers a variety of storage architectures and I/O scalability.
The intelligent FusionServer Pro 2488H V6 server is designed to handle both today's traditional workloads and tomorrow's digital workloads. It offers the industry's most dependable computing and storage architectures.
Which is the Most Remunerative Offering Segment in the Market?
Based on offering, the worldwide market is segmented into hardware and software. Among these, hardware segment will generate the most revenue for the market. This is attributable to rising usage of hardware solutions across industrial and commercial sectors.
From 2017 to 2021, hardware offering segment exhibited a CAGR of 20.3%. Over the projection period of 2022 and 2032, it will expand at 15.7% CAGR.
Hardware offering is further sub-segmented into processors, graphic processing units, connectivity solutions, etc. Hence, increasing adoption of these hardware solutions will boost growth of the target segment.
Which End User Holds Maximum Growth Potential for the Market?
By end user, the market is segmented into industrial, commercial, and residential. Among these, industrial sector will create lucrative growth prospects for manufacturers.
The industrial segment registered a growth rate of 20% CAGR from 2017 to 2021. However, between 2022 and 2032, it will accelerate at a CAGR of 15.6%.
Rising applications of heterogeneous mobile processing and computing across automotive, consumer electronics, telecommunications, etc. will fuel growth of the target segment.
Leading heterogeneous mobile and processing and computing companies are expanding their offerings to gain maximum profits. To expand their footprint, they are also adopting strategies such as partnerships, acquisitions, and mergers.
Recent Developments:
| Attribute | Details |
|---|---|
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Current Market Size (2022) |
US$ 87.8 billion |
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Projected Market Size (2032) |
US$ 382 billion |
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Anticipated Growth Rate (2022 to 2032) |
15.8% CAGR |
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Forecast Period |
2022 to 2032 |
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Historical Data Available for |
2017 to 2021 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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By Offering:
By Technology Node:
By End Product:
By End User:
By Region:
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The global market reached a valuation of US$ 72.9 billion in 2021.
The global heterogeneous mobile processing and computing market size reached US$ 87.8 billion in 2022.
The worldwide heterogeneous mobile processing and computing industry will reach US$ 382 billion by 2032.
The market registered a CAGR of 20.6% over the last 4 years.
Global heterogeneous mobile processing and computing demand will rise at 15.8% CAGR through 2032.
Hardware offering type will generate significant revenue through 2032.
Heterogeneous mobile processing and computing sales revenue in China will rise at 17.4% CAGR through 2032.
Between 2022 and 2032, the USA market will expand at a CAGR of around 14.6%.
South Korea and Japan markets are set to expand at 16.3% and 16.1% CAGRs respectively.
Demand for heterogeneous mobile processing and computing in the United Kingdom will surge at 14.1% CAGR.
