Multi-Core Processor Market Report 2025

This Multi-Core Processor report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The multi-core processor market size has grown rapidly in recent years. It will grow from $103.51 billion in 2024 to $118.18 billion in 2025 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to energy efficiency, gaming industry, environmental concerns, medical imaging, cost efficiency.

The multi-core processor market size is expected to see rapid growth in the next few years. It will grow to $219.92 billion in 2029 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to performance demands, server performance, cybersecurity, mobile devices, renewable resources. Major trends in the forecast period include cloud computing, server performance, artificial intelligence, 5g technology, data analytics.

The growing demand for smartphones is anticipated to drive the expansion of the multi-core processor market in the future. A smartphone is a handheld electronic device that provides connectivity to both cellular networks and the internet. Smartphones equipped with multi-core processors are effective in managing and executing tasks, allowing them to run multiple and more demanding applications simultaneously. For example, in February 2023, a report from Uswitch Limited, a UK-based online and telephone comparison service, revealed that there were 71.8 million active mobile connections in 2022, marking a 3.8% increase from 2021. By 2025, the UK population is projected to reach 68.3 million, with 95% of individuals expected to own smartphones. Thus, the rising demand for smartphones is fueling the growth of the multi-core processor market.

The increasing demand for multi-core processors within the automotive industry is expected to drive the growth of the multi-core processor market in the future. The automotive industry, also known as the auto industry or car industry, is a vast sector of the economy that involves the design, development, manufacturing, marketing, and sale of motor vehicles. Multi-core processors play a crucial role in managing in-car networking and communication systems. These processors enable the exchange of data between various vehicle components, supporting functionalities such as diagnostics, over-the-air updates, and inter-system communication. For example, in April 2023, a report from the Alliance for Automotive Innovation, a US-based trade association, indicated that light truck sales accounted for 79% of all sales in March 2023. Additionally, light vehicle production in the United States increased by 6% from the previous month in February 2023, totaling 873,247 vehicles (147,870 automobiles and 701,972 light trucks). Thus, the rising demand for multi-core processors in the automotive sector is set to propel the multi-core processor market.

Product innovations have emerged as a significant trend gaining traction in the multi-core processor market. Leading companies in this sector are focusing on technological advancements, such as digital signal processors, to facilitate real-time signal processing. A digital signal processor (DSP) is a specialized microprocessor designed to efficiently process and manipulate digital signals in real-time, commonly used in applications like audio processing, telecommunications, and image processing. For example, in July 2023, Asahi Kasei Microdevices, a Japan-based manufacturer of electronic application equipment, introduced the AK7709VQ multicore digital signal processor (DSP). With a processing capability of 7,000 MIPS (Millions of Instructions per Second) and 2.75 MB of integrated memory, the AK7709VQ offers real-time high-resolution audio processing for multi-channel speaker arrays, ensuring a quiet cabin experience with immersive and highly detailed music playback. Additionally, its two integrated HiFi 4 DSP cores are compatible with various third-party software. The AK7709Q's distinctive features, including high sample rate multi-microphone voice processing, enable hands-free communication and in-car interactions.

Major companies in the multi-core processor market are committed to developing innovative solutions, such as the 14th Generation desktop processors, to enhance their product offerings. Intel, in October 2023, launched the Intel Core 14th Generation desktop processor family, featuring the Intel Core i9-14900K. This new processor family includes six unlocked desktop processors with up to 24 cores, 32 threads, and a frequency of up to 6 GHz right out of the box. Intel's Extreme Tuning Utility (XTU) now includes the new AI Assist feature, providing one-click multi-AI-guided overclocking for select unlocked Intel Core 14th Gen desktop processors.

In February 2022, Advanced Micro Devices, Inc. (AMD), a US-based semiconductor product and device producer, acquired Xilinx, Inc. for $50 billion. This acquisition positions AMD to offer a robust portfolio of high-performance and adaptive computing solutions in the industry, considering Xilinx's expertise in multi-core processors and programmable logic solutions.

Major companies operating in the multi-core processor market include Advanced Micro Devices Inc., Apple Inc., ARM Holdings plc, Broadcom Inc., Intel Corporation, MACOM Technology Solutions Holdings Inc., MediaTek Inc., NVIDIA Corporation, NXP Semiconductors N.V., Qualcomm Incorporated, Samsung Electronics Co. Ltd., Spreadtrum Communications Inc., Texas Instruments Incorporated, International Business Machines Corporation, Ampere Computing LLC, Andes Technology Corporation, Centaur Technology Inc., C-SKY Microsystems Co. Ltd., Imagination Technologies Limited, Marvell Technology Group Ltd., Microchip Technology Incorporated, MIPS Tech Inc. (Wave Computing Inc.), Open-Silicon Inc., RDA Microelectronics Inc., Renesas Electronics Corporation, SiFive Inc., STMicroelectronics N.V., Synopsys Inc., VIA Technologies Inc., ZTE Microelectronics Technology Co. Ltd.

North America was the largest region in the multi-core processor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multi-core processor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the multi-core processor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A multicore processor is an integrated circuit that incorporates two or more processor cores, allowing users to execute multiple core processes simultaneously. This design is aimed at enhancing system performance when running concurrent applications while also minimizing power consumption.

The primary types of multicore processors include octa-core processors, hexa-core processors, quad-core processors, and dual-core processors. Octa-core processors, for example, consist of eight processor cores, providing capabilities for tasks such as handling high-resolution videos and graphic-intensive games in Android smartphones without significantly impacting battery life. These processors find applications in various devices, including computers, smartphones, and other consumer electronics. They are utilized across a range of industries, including automotive, telecommunications, energy, healthcare, and more.

The multi-core processor market research report is one of a series of new reports that provides multi-core processor market statistics, including multi-core processors industry global market size, regional shares, competitors with a multi-core processor market share, detailed multi-core processors market segments, market trends and opportunities, and any further data you may need to thrive in the multi-core processors industry. This multi-core processors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The multi-core processor market consists of sales of homogenous multi-core processors and heterogeneous multi-core processors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.