封面
市场调查报告书
商品编码
1530818

2030 年微处理器市场预测:按类型、架构、技术、应用、最终用户和地区进行的全球分析

Microprocessors Market Forecasts to 2030 - Global Analysis By Type, Architecture, Technology, Application, End User and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3个工作天内

价格

根据 Stratistics MRC 预测,2024 年全球微处理器市场价值将达到 1,032.1 亿美元,预计复合年增长率为 7.7%,到 2030 年将达到 1,385.9 亿美元。

微处理器是一种小型积体电路,可作为电脑的中央处理单元 (CPU)。执行程式指令并执行算术、逻辑、控制和输入/输出 (I/O) 操作。微处理器将 CPU 的功能整合到单一晶片上,从而极大地提高了处理能力和效率,从而彻底改变了运算。它可以实现复杂的计算并支援各个领域的众多应用。

根据世界智慧财产权组织 (WIPO) 的数据,从 2020 年到 2021 年,行动产业的技术采用率成长了 7.6%,机器人和自动化成长了 10.4%,电动车成长了 61.1%。

市场动态:

促进因素:

消费性电子产品的扩展

对智慧型手机、平板电脑、智慧型电视和穿戴式装置等消费性电子产品的需求不断增长,推动了对先进处理能力的需求。随着这些设备变得越来越复杂,它们需要强大的微处理器来处理复杂的任务、改善使用者体验并支援新功能。需求的成长刺激了微处理器产业的创新和生产,从而导致技术和效率的进步。因此,消费性电子产业的扩张正在推动微处理器的持续成长和投资。

抑制因素:

复杂的製造工艺

由于设计复杂且需要先进的半导体製造技术,微处理器的製造也很复杂。这些步骤涉及精密微影术、蚀刻和掺杂,以製造包含数百万个电晶体的微处理器晶片。这种复杂性需要高科技设备、专用材料和无尘室环境,导致製造成本高且开发週期长。这种复杂性可能会增加消费者的成本并加剧供应链的脆弱性,从而阻碍市场的成长。

机会:

5G网路部署

5G 网路的推出将增加对高效能处理器的需求,这些处理器可以处理 5G 连接所需的高速度、高频宽和低延迟。这些先进的处理器对于支援智慧型手机、物联网设备和网路基础设施等 5G 设备的复杂资料处理需求至关重要。随着 5G 技术推动创新和新应用,对先进微处理器的需求将会增加,从而导致市场成长和进一步的技术进步。

威胁:

开发成本高

由于先进设计需要广泛的研究和开发、精密製造和最先进的製造技术,微处理器的开发成本很高。设计和製造微处理器需要复杂的工艺,例如半导体微影术和测试,并且是资本集中的。因此,发展的经济负担可能会限制创新并减缓微处理器产品的扩展,从而阻碍市场开拓。

COVID-19 的影响

COVID-19 大流行对微处理器市场产生了重大影响,导致供应链中断、消费性电子产品需求增加以及远距工作和学习激增。这导致全球半导体短缺,推高价格并延长前置作业时间。企业加速数位转型,推动资料中心、笔记型电脑和游戏设备对微处理器的需求,而汽车和工业领域则因晶片短缺而面临严重的生产延迟。

ARM 微处理器市场预计将在预测期内成为最大的市场。

ARM 微处理器市场预计将出现良好的成长。 ARM 微处理器以其功效和多功能性而闻名,广泛应用于行动装置、嵌入式系统和物联网应用。这些处理器由 ARM Holdings 设计,采用 RISC架构,提供高效能和低功耗。 ARM 的授权模式允许各个製造商基于 ARM 的设计开发自订处理器,使其广泛应用于各种电子设备。

消费性电子领域预计在预测期内复合年增长率最高。

预计消费电子产业在预测期内将出现最高的复合年增长率。消费性电子产品中的微处理器对于提高设备的功能和效能至关重要。微处理器管理诸如运行应用程式、处理资料和处理使用者介面等任务。先进的微处理器可实现高解析度显示、即时处理和连接选项等功能。这些整合带来了更强大、更有效率、更多功能的家用电器,推动创新并改善各种设备的使用者体验。

占比最大的地区:

在技​​术快速进步、智慧型手机普及率不断提高以及资料中心扩张的推动下,亚太地区微处理器市场正在经历强劲成长。台积电(TSMC)和三星等主要企业受益于强大的製造能力和技术创新,在该地区占据主导地位。该地区的消费性电子市场正在蓬勃发展,对人工智慧、物联网和5G技术的大量投资也进一步推动了需求。此外,旨在加强半导体製造能力的政府支持政策和倡议也促进了该地区在全球微处理器市场的主导地位。

复合年增长率最高的地区:

北美微处理器市场的特点是,由于先进的技术基础设施以及对人工智慧、云端运算和5G的重大投资,需求强劲。英特尔、AMD 和高通等主要公司引领市场,并受益于持续的创新和研发努力。该地区强劲的消费性电子和汽车产业进一步推动了对微处理器的需求。此外,物联网设备和边缘运算的日益普及也促进了市场的成长。政府促进国内半导体製造和缓解供应链中断的努力正在提高北美在全球微处理器市场的竞争力。

免费客製化服务:

订阅此报告的客户可以存取以下免费自订选项之一:

  • 公司简介
    • 其他市场参与者的综合分析(最多 3 家公司)
    • 主要企业SWOT分析(最多3家企业)
  • 区域分割
    • 根据客户兴趣对主要国家的市场估计、预测和复合年增长率(註:基于可行性检查)
  • 竞争基准化分析
    • 根据产品系列、地理分布和策略联盟对主要企业基准化分析

目录

第一章执行摘要

第二章 前言

  • 概述
  • 相关利益者
  • 调查范围
  • 调查方法
    • 资料探勘
    • 资料分析
    • 资料检验
    • 研究途径
  • 研究资讯来源
    • 主要研究资讯来源
    • 二次研究资讯来源
    • 先决条件

第三章市场趋势分析

  • 促进因素
  • 抑制因素
  • 机会
  • 威胁
  • 技术分析
  • 应用分析
  • 最终用户分析
  • 新兴市场
  • COVID-19 的影响

第4章波特五力分析

  • 供应商的议价能力
  • 买方议价能力
  • 替代品的威胁
  • 新进入者的威胁
  • 竞争公司之间的敌对关係

第五章全球微处理器市场:依类型

  • x86微处理器
  • ARM微处理器
  • SPARC微处理器
  • PowerPC微处理器
  • MIPS微处理器
  • 其他类型

第六章全球微处理器市场:依架构

  • 32位元微处理器
  • 64位元微处理器

第七章全球微处理器市场:依技术分类

  • 精简指令集计算 (RISC)
  • 复杂指令集计算 (CISC)
  • 专用积体电路 (ASIC)
  • 现场可程式闸阵列(FPGA)
  • 其他技术

第八章全球微处理器市场:依应用分类

  • 消费性电子产品
  • 产业
  • 卫生保健
  • 通讯
  • 航太/国防
  • 其他用途

第九章全球微处理器市场:依最终用户分类

  • 原始设备製造公司(OEM)
  • 原始设计製造商(ODM)
  • 合约电子製造商 (CEM)
  • 售后市场

第十章全球微处理器市场:按地区

  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙
    • 其他欧洲国家
  • 亚太地区
    • 日本
    • 中国
    • 印度
    • 澳洲
    • 纽西兰
    • 韩国
    • 其他亚太地区
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地区
  • 中东/非洲
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 卡达
    • 南非
    • 其他中东/非洲

第十一章 主要进展

  • 合约、伙伴关係、协作和合资企业
  • 收购和合併
  • 新产品发布
  • 业务拓展
  • 其他关键策略

第十二章 公司概况

  • Intel Corporation
  • Advanced Micro Devices(AMD)
  • NVIDIA Corporation
  • Qualcomm Incorporated
  • Apple Inc.
  • Samsung Electronics
  • Broadcom Inc.
  • MediaTek Inc.
  • Texas Instruments Incorporated
  • IBM Corporation
  • STMicroelectronics
  • Marvell Technology Group Limited
  • Microchip Technology Inc.
  • Renesas Electronics Corporation
  • NXP Semiconductors NV
  • Mindgrove Technologies
  • ARM Holdings
Product Code: SMRC26930

According to Stratistics MRC, the Global Microprocessors Market is accounted for $103.21 billion in 2024 and is expected to reach $138.59 billion by 2030 growing at a CAGR of 7.7% during the forecast period. Microprocessors are compact, integrated circuits that serve as the central processing unit (CPU) of a computer. They execute instructions from programs, performing arithmetic, logic, control, and input/output (I/O) operations. Microprocessors revolutionized computing by integrating the functions of a CPU onto a single chip, significantly enhancing processing power and efficiency. It enables complex computations and supports numerous applications in diverse fields.

According to the World Intellectual Property Organization (WIPO), the mobile industry has experienced 7.6% increase in technology adoption, while robots and automation have grown by 10.4%, and electric vehicles have witnessed a significant growth of 61.1% between 2020 and 2021.

Market Dynamics:

Driver:

Growing demand for consumer electronics

The growing demand for consumer electronics, such as smart phones, tablets, smart TVs, and wearables, propels the need for advanced processing capabilities. As these devices become more sophisticated, they require powerful microprocessors to handle complex tasks, enhance user experiences, and support new features. This increased demand stimulates innovation and production in the microprocessor industry, leading to advancements in technology and efficiency. Consequently, the expansion of the consumer electronics sector fuels continued growth and investment in microprocessors.

Restraint:

Complex manufacturing processes

Microprocessors have complex manufacturing processes due to their intricate design and the need for advanced semiconductor fabrication technology. These processes involve precise photolithography, etching, and doping to create microprocessor chips with millions of transistors. The complexity requires high-tech equipment, specialized materials, and clean room environments, leading to substantial production costs and long development cycles. This complexity can hamper market growth by increasing costs for consumers, and contributing to supply chain vulnerabilities.

Opportunity:

Rollout of 5G networks

The rollout of 5G networks raises the demand for high-performance processors that can handle the higher speeds, greater bandwidth, and low latency required for 5G connectivity. These advanced processors are essential for supporting the complex data processing needs of 5G-enabled devices, including smart phones, IoT devices, and network infrastructure. As 5G technology drives innovation and new applications, the demand for sophisticated microprocessors rises, leading to market growth and further technological advancements.

Threat:

High development costs

Microprocessors have high development costs due to the extensive research and development required for advanced designs, precision manufacturing, and the need for cutting-edge fabrication technologies. Designing and producing microprocessors involve sophisticated processes, including semiconductor lithography and testing, which are capital-intensive. Consequently, the financial burden of development can hamper market growth by restricting innovation and slowing the expansion of microprocessor offerings.

Covid-19 Impact

The covid-19 pandemic significantly impacted the microprocessors market, causing supply chain disruptions, increased demand for consumer electronics, and a surge in remote work and learning. This led to a global semiconductor shortage, driving up prices and extending lead times. Companies accelerated digital transformations, boosting demand for microprocessors in data centers, laptops, and gaming devices, while automotive and industrial sectors faced severe production delays due to chip shortages.

The ARM microprocessors segment is expected to be the largest during the forecast period

The ARM microprocessors segment is estimated to have a lucrative growth. ARM microprocessors are renowned for their power efficiency and versatility, making them widely used in mobile devices, embedded systems, and IoT applications. Designed by ARM Holdings, these processors use RISC architecture, enabling high performance with lower power consumption. ARM's licensing model allows various manufacturers to develop custom processors based on ARM's designs, leading to widespread adoption across diverse electronic devices.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

The consumer electronics segment is anticipated to witness the highest CAGR growth during the forecast period. Microprocessors in consumer electronics are crucial for enhancing device functionality and performance. They manage tasks by executing applications, processing data, and handling user interfaces. Advanced microprocessors enable features like high-resolution displays, real-time processing, and connectivity options. Their integration allows for more powerful, efficient, and versatile consumer electronics, driving innovation and improving user experiences across a wide range of devices.

Region with largest share:

The microprocessors market in the Asia Pacific region is experiencing robust growth, driven by rapid technological advancements, increased adoption of smartphones, and expansion of data centers. Key players like Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung dominate the region, benefiting from strong manufacturing capabilities and innovation. The region's booming consumer electronics market, along with significant investments in AI, IoT, and 5G technologies, further propels demand. Additionally, supportive government policies and initiatives aimed at enhancing semiconductor manufacturing capacity contribute to the region's leading position in the global microprocessors market.

Region with highest CAGR:

The North American microprocessors market is characterized by strong demand driven by advanced technological infrastructure and significant investments in AI, cloud computing, and 5G. Major companies like Intel, AMD, and Qualcomm lead the market, benefiting from continuous innovation and R&D efforts. The region's robust consumer electronics and automotive industries further fuel demand for microprocessors. Additionally, the increasing adoption of IoT devices and edge computing contributes to market growth. Government initiatives to boost domestic semiconductor manufacturing and mitigate supply chain disruptions enhance North America's competitive edge in the global microprocessors market.

Key players in the market

Some of the key players profiled in the Microprocessors Market include Intel Corporation, Advanced Micro Devices (AMD), NVIDIA Corporation, Qualcomm Incorporated, Apple Inc., Samsung Electronics, Broadcom Inc., MediaTek Inc., Texas Instruments Incorporated, IBM Corporation, STMicroelectronics, Marvell Technology Group Limited, Microchip Technology Inc., Renesas Electronics Corporation, NXP Semiconductors N.V., Mindgrove Technologies and ARM Holdings.

Key Developments:

In May 2024, Mindgrove Technologies launched first indigenously designed microcontroller chip. This chip, based on the RISC-V architecture, represents a noteworthy achievement in the company's development capabilities and signals a move towards greater self-reliance in microprocessor design.

In May 2023, STMicroelectronics has introduced the second generation of its STM32 MPUs (microprocessors), with a new architecture built upon the same ecosystem and raising performance and security for applications at the industrial and IoT edge. With support for 32-bit DDR4 and LPDDR4 memories, the STM32MP25 ensures long-term support for cost-optimized designs.

Types Covered:

  • x86 Microprocessors
  • ARM Microprocessors
  • SPARC Microprocessors
  • PowerPC Microprocessors
  • MIPS Microprocessors
  • Other Types

Architectures Covered:

  • 32-bit Microprocessors
  • 64-bit Microprocessors

Technologies Covered:

  • Reduced Instruction Set Computing (RISC)
  • Complex Instruction Set Computing (CISC)
  • Application-Specific Integrated Circuit (ASIC)
  • Field-Programmable Gate Array (FPGA)
  • Other Technologies

Applications Covered:

  • Consumer Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Telecommunications
  • Aerospace & Defense
  • Other Applications

End Users Covered:

  • Original Equipment Manufacturers (OEMs)
  • Original Design Manufacturers (ODMs)
  • Contract Electronics Manufacturers (CEMs)
  • Aftermarket

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Technology Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Microprocessors Market, By Type

  • 5.1 Introduction
  • 5.2 x86 Microprocessors
  • 5.3 ARM Microprocessors
  • 5.4 SPARC Microprocessors
  • 5.5 PowerPC Microprocessors
  • 5.6 MIPS Microprocessors
  • 5.7 Other Types

6 Global Microprocessors Market, By Architecture

  • 6.1 Introduction
  • 6.2 32-bit Microprocessors
  • 6.3 64-bit Microprocessors

7 Global Microprocessors Market, By Technology

  • 7.1 Introduction
  • 7.2 Reduced Instruction Set Computing (RISC)
  • 7.3 Complex Instruction Set Computing (CISC)
  • 7.4 Application-Specific Integrated Circuit (ASIC)
  • 7.5 Field-Programmable Gate Array (FPGA)
  • 7.6 Other Technologies

8 Global Microprocessors Market, By Application

  • 8.1 Introduction
  • 8.2 Consumer Electronics
  • 8.3 Automotive
  • 8.4 Industrial
  • 8.5 Healthcare
  • 8.6 Telecommunications
  • 8.7 Aerospace & Defense
  • 8.8 Other Applications

9 Global Microprocessors Market, By End User

  • 9.1 Introduction
  • 9.2 Original Equipment Manufacturers (OEMs)
  • 9.3 Original Design Manufacturers (ODMs)
  • 9.4 Contract Electronics Manufacturers (CEMs)
  • 9.5 Aftermarket

10 Global Microprocessors Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Intel Corporation
  • 12.2 Advanced Micro Devices (AMD)
  • 12.3 NVIDIA Corporation
  • 12.4 Qualcomm Incorporated
  • 12.5 Apple Inc.
  • 12.6 Samsung Electronics
  • 12.7 Broadcom Inc.
  • 12.8 MediaTek Inc.
  • 12.9 Texas Instruments Incorporated
  • 12.10 IBM Corporation
  • 12.11 STMicroelectronics
  • 12.12 Marvell Technology Group Limited
  • 12.13 Microchip Technology Inc.
  • 12.14 Renesas Electronics Corporation
  • 12.15 NXP Semiconductors N.V.
  • 12.16 Mindgrove Technologies
  • 12.17 ARM Holdings

List of Tables

  • Table 1 Global Microprocessors Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global Microprocessors Market Outlook, By Type (2022-2030) ($MN)
  • Table 3 Global Microprocessors Market Outlook, By x86 Microprocessors (2022-2030) ($MN)
  • Table 4 Global Microprocessors Market Outlook, By ARM Microprocessors (2022-2030) ($MN)
  • Table 5 Global Microprocessors Market Outlook, By SPARC Microprocessors (2022-2030) ($MN)
  • Table 6 Global Microprocessors Market Outlook, By PowerPC Microprocessors (2022-2030) ($MN)
  • Table 7 Global Microprocessors Market Outlook, By MIPS Microprocessors (2022-2030) ($MN)
  • Table 8 Global Microprocessors Market Outlook, By Other Types (2022-2030) ($MN)
  • Table 9 Global Microprocessors Market Outlook, By Architecture (2022-2030) ($MN)
  • Table 10 Global Microprocessors Market Outlook, By 32-bit Microprocessors (2022-2030) ($MN)
  • Table 11 Global Microprocessors Market Outlook, By 64-bit Microprocessors (2022-2030) ($MN)
  • Table 12 Global Microprocessors Market Outlook, By Technology (2022-2030) ($MN)
  • Table 13 Global Microprocessors Market Outlook, By Reduced Instruction Set Computing (RISC) (2022-2030) ($MN)
  • Table 14 Global Microprocessors Market Outlook, By Complex Instruction Set Computing (CISC) (2022-2030) ($MN)
  • Table 15 Global Microprocessors Market Outlook, By Application-Specific Integrated Circuit (ASIC) (2022-2030) ($MN)
  • Table 16 Global Microprocessors Market Outlook, By Field-Programmable Gate Array (FPGA) (2022-2030) ($MN)
  • Table 17 Global Microprocessors Market Outlook, By Other Technologies (2022-2030) ($MN)
  • Table 18 Global Microprocessors Market Outlook, By Application (2022-2030) ($MN)
  • Table 19 Global Microprocessors Market Outlook, By Consumer Electronics (2022-2030) ($MN)
  • Table 20 Global Microprocessors Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 21 Global Microprocessors Market Outlook, By Industrial (2022-2030) ($MN)
  • Table 22 Global Microprocessors Market Outlook, By Healthcare (2022-2030) ($MN)
  • Table 23 Global Microprocessors Market Outlook, By Telecommunications (2022-2030) ($MN)
  • Table 24 Global Microprocessors Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
  • Table 25 Global Microprocessors Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 26 Global Microprocessors Market Outlook, By End User (2022-2030) ($MN)
  • Table 27 Global Microprocessors Market Outlook, By Original Equipment Manufacturers (OEMs) (2022-2030) ($MN)
  • Table 28 Global Microprocessors Market Outlook, By Original Design Manufacturers (ODMs) (2022-2030) ($MN)
  • Table 29 Global Microprocessors Market Outlook, By Contract Electronics Manufacturers (CEMs) (2022-2030) ($MN)
  • Table 30 Global Microprocessors Market Outlook, By Aftermarket (2022-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.