RISC-V architecture projected to control quarter of the market by 2030
p>The Omdia experts, due to the open nature of the relatively new RISC-V processor architecture, predict its selection as a foundational choice for emerging companies. This potentially leads to the architecture claiming a quarter of the global market share by 2030. Expected to be primarily prominent within the automotive and industrial segments, the field of artificial intelligence will also demonstrate considerable progress.
The absence of licensing fees required for the development and subsequent implementation of RISC-V architecture processors attract many industry players. Furthermore, the flexibility to tailor instruction sets to specific needs proves appealing. Historically RISC-V architecture has long been associated with the industrial automation and Internet of Things segments, as initial solutions based on it essentially were microcontrollers.
Nevertheless, one of the accelerating application areas for RISC-V architecture processors will be the artificial intelligence systems segment running up to 2030. Omdia analysts forecast wide-ranging usage of RISC-V processors in peripheral computations related to artificial intelligence systems. Between 2024 and 2030, delivery volumes of such processors are expected to augment by an average of 50% yearly according to Omdia. By the end of the forecast period, global delivery volumes of such processors will increase to 17 billion units.
Of this sum, 46% of processors will be utilized in the industrial automation segment. However, the automotive sector will show the most dynamic growth of up to 66% per annum. In the AI sector, the popularity of RISC-V architecture processors will also surge at a high rate. However, by the end of the decade, their shipment volumes will just slightly exceed 500 million units.
