The needs and the requirements of our ever-connected world are increasingly diverse and challenging, so that there is no place for a break when it comes to innovation and R&D.
The rapid emergence of cloud
computing, big data and analytic solutions, virtualization, smart and wireless
communication devices is a source of new challenges, concerns and business opportunities
for the semiconductor industry.
Regarding the Communication Processor Market, as per Technavio’s market research analysts, the
communication processor market is primarily driven by the rising need for
multi-functionality on a device.
The increasing demand for
wireless computing devices, is boosting
market revenues.
The thriving consumer
electronics market in countries like the US, China, India, South Korea, and
Japan can emerge as a key reason for the growth of this segment over the next
four years.
The demand for high-powered
processors is growing; multicore communication processors fuel progressively
the market.
Technavio
segments the market on the
basis of applications, such as communication networks infrastructure, consumer
electronics, computer hardware, and automotive.
Vendors in the global
communication processor market including: Avago Technologies; Broadcom; Cavium; Freescale
Semiconductor and Intel,
drive the market.