RISC-V Technology: Global Market Outlook

Dec 2022| SMC133A| BCC Publishing
Sample Report

Report Highlights

The reduced instruction set computer-V (RISC-V) is an open standard instruction set architecture based on the RISC principles. RISC simplifies the instructions given to the processor to accomplish various tasks. The goal of this report is to understand the current RISC-V technology market and to assess the market’s growth potential. The study endeavors to quantify the RISC-V technology market, to explore market dynamics that could impact the future of the market (including drivers, restraints and opportunities), to identify areas of growth and to study recent innovation in the RISC-V technology market. The main objective of the study is to present a comprehensive analysis of the current market and the future direction of the market.

Report Includes

  • A detailed review and up-to-date analysis of the global markets for RISC-V technology
  • Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the market potential for RISC-V technology, industry growth drivers, and areas of focus to forecast this market into various segments and subsegments
  • Estimation of the actual market size for global RISC-V technology marketplace in USD million values, revenue forecast, and corresponding market share analysis by application, end-user industry, and geographic region
  • In-depth information (facts and figures) concerning major market dynamics (DROs), government policies for manufacturing of homegrown semiconductor chips, and other macroeconomic forces affecting the current and future market outlook
  • Updated information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the global RISC-V technology market
  • Descriptive company profiles of the leading global players, including Alibaba Group Holding Ltd., Huawei Technologies Co. Ltd., SiFive and Western Digital Corp.

Report Scope

The market scope is defined through consideration of RISC-V technology based on applications, end-user industry and geography. The report provides an overview of the global RISC-V technology market and analyses market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on applications, end-user industry and geography. Market values estimates were based on the total revenue of RISC-V technology providers. The report estimates the global market for RISC-V technology in 2021 and provides projections for the expected market size through 2027.

The study endeavors to quantify the RISC-V technology market, to explore market dynamics that could impact the future of the market (including drivers, restraints and opportunities), to identify areas of growth and to study recent innovation in the RISC-V technology market.

The report identifies impacts of RISC-V technology adoption on diverse end-user application industries. The report also analyzes the growing use of RISC-V technology in automotive and consumer electronics. RISC-V processor prices are inelastic, and this report examines the RISC-V pricing based on end-user applications.

Frequently Asked Questions (FAQs)

The global market for RISC-V technology was estimated to be $445.7 million in 2021 and is projected grow at a CAGR of 33.1%. The RISC-V technology market is forecast to reach $2.7 billion by 2027.
Growing concern for the security of IoT devices and the increasing demand for high performance computing are the key factors driving the growth of RISC-V technology.
RISC-V technology is segmented into application, end-user industry and region.
By application, cellular network devices are expected to growth by 2027 in the RISC-V technology market.
Asia-Pacific has the highest market share for the RISC-V technology market.
• Alibaba Group Holding Limited • Andes Technology Corp. • Stream Computing Inc • Futurewei Technologies, Inc • Google LLC • Huawei Technologies • SiFive • Western Digital Technologies, Inc. • ZTE

Analyst Credentials

BCC Publishing Staff comprises expert analysts who are skilled in conducting primary research, secondary research and data analysis and have decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies. Collectively, the team represents a diverse set of educational achievements with individual graduate work completed in fields such as microbiology, electrical engineering, business administration and surgery, among others.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $445.7 million
Market size forecast $2.7 billion
Growth rate CAGR of 33.1% from 2022 to 2027
Units considered $ Millions
Segments covered Application, End-User Industry, and Region
Regions covered North America, APAC, Europe, and Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, U.K., Germany, France, Rest of Europe, China, Taiwan, Japan, India, Rest of APAC, South America, and MEA
Key Market Drivers
  • Growing Concern for Securing IoT Devices
  • Increasing Connected Autonomous Vehicles
  • Risk of Fragmentation
  • Growth in High-Performance Computing
  • Achieving Technological Sovereignty in an RISC-V Ecosystem
Companies studied
GOOGLE LLC
HUAWEI TECHNOLOGIES CO. LTD.
ALIBABA GROUP HOLDING LTD.
ZTE Corp.
WESTERN DIGITAL CORP.
STREAM COMPUTING INC.
SIFIVE, INC.
SHANGHAI STARFIVE TECHNOLOGY CO. LTD.
ANDES TECHNOLOGY CORP.
FUTUREWEI TECHNOLOGIES, INC.

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