The global microprocessor industry is experiencing rapid growth and serves a vital function in various sectors such as consumer electronics, automotive, healthcare, and telecommunications.

According to Adroit Market Research, the size of the Global Automotive Semiconductor industry was estimated at $59.9 billion in 2022 and is expected to increase at a compound annual growth rate (CAGR) of 10.3% from 2023 to 2032, reaching $153.11 billion.

According to Adroit Market Research, the market for 5G chipsets was valued at $13.29 billion and is projected to reach $92.09 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.10%.

According to the Adroit Market Research, the global intelligent electronic devices market was valued at $12.80 billion in 2021 and by 2030, this market is expected to have grown to $22.87 billion, with a CAGR of 6.81%.

According to Adroit Market Research, the market for EV charging infrastructure was estimated to be worth $25.2bn in 2022, and by 2030, it is anticipated to grow to $222.5bn, with a CAGR of 31.5%.