The number of chips with RISC-V architecture is expected to increase to 62.4 billion by 2025, with a CAGR of 146% between 2018 and 2025. The open source instruction set RISC-V is free to be used for any purpose compared to other instruction sets, allowing anyone to design, manufacture, and sell RISC-V chips and software.
Because of these features, more than 100 technology companies such as IBM, NXP, Western Data, Nvidia, Qualcomm, Samsung, Google, Huawei, Ali, Red Hat and Tesla have joined their ranks, and the industry continues to build an ecosystem around it, hitting rivals such as ARM. The RISC-V China Alliance was also established in China last year, and the recent judgment of the RISC-V ecology by the President of the Alliance, Yu Guangnan, is this: X86 Monopoly, ARM is too expensive, and RISC-V is useful in the future.
Recent market research firm Semico Research has launched a study to quantify the total available market (TAM) for the CPU IP core and to estimate the service available market (SAM) for the RISC-V IP core.
The study shows that the number of chips using rISC-V architecture is expected to increase to 62.4 billion by 2025, with a CAGR of 146 percent from 2018 to 2025. These chips will be used primarily in the industrial market, PC, consumer electronics and communications.
Semico Research worked with the RISC-V Foundation to identify 34 market segments and studied TAM and SAM in each market, resulting in a forecast of 2025 data. The report highlights four semiconductor devices with high-value opportunities to use the RISC-V core:
- High-performance multicore SoC
- Value Multicore SoC
- Basic SoC
- Field Programmable Gate Array
Semico Research says interest in RISC-V products in all major end-use applications is growing and continues to be important. In addition to the wide range of high performance of RISC-V devices, RISC-V’s flexible open source strategy provides a competitive advantage that will change the landscape of the CPU IP market.