How big is the RISC-V Tech Market?

The RISC-V Tech Market size is expected to reach USD 0.92 billion in 2024 and grow at a CAGR of 31.20% to reach USD 3.59 billion by 2029. Read More

What is the current RISC-V Tech Market size?

In 2024, the RISC-V Tech Market size is expected to reach USD 0.92 billion. Read More

Who are the key players in RISC-V Tech Market?

Huawei Technologies Co. Ltd., SiFive, Inc., Microchip Technology, Andes Technology Corp. and Lattice Semiconductor are the major companies operating in the RISC-V Tech Market. Read More

Which is the fastest growing region in RISC-V Tech Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in RISC-V Tech Market?

In 2024, the North America accounts for the largest market share in RISC-V Tech Market. Read More

What years does this RISC-V Tech Market cover, and what was the market size in 2023?

In 2023, the RISC-V Tech Market size was estimated at USD 0.63 billion. The report covers the RISC-V Tech Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RISC-V Tech Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

RISC-V Tech Market Share

Statistics for the 2023 & 2024 RISC-V Tech market share, created by Mordor Intelligence™ Industry Reports. RISC-V Tech share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of RISC-V Tech Industry

The RISC-V Tech market is characterized as a semi-consolidated market featuring prominent players like Lattice Semiconductor, Microchip Technology, Andes Technology Corporation, SiFive Inc., and Huawei Technologies Co. Ltd. These key players in the market are actively pursuing various strategies, including partnerships and acquisitions, to enhance their product portfolios and establish sustainable competitive advantages.

In April 2024, Imagination Technologies announced the introduction of a new RISC-V applications processor IP, the Imagination APXM-6200 CPU. The focus is on power density, commonly called the efficiency core. Target markets for the CPU include consumer and industrial devices, and eventually, an automotive version will also be included. The new processor is part of the Catapult CPU portfolio of IP processors.
In March 2024, Renesas announced the release of general-purpose 32-bit RISC-V-based microcontrollers (MCUs) built with an internally developed CPU core. The new R9A02G021 microcontroller family offers embedded system designers a clear path to creating a wide range of energy-efficient and cost-effective applications based on the open-source instruction set architecture ISA.