The global microprocessor market size was valued at $83.3 billion in 2021. the market growing at a CAGR of 4.1% from 2022 to 2030. the rapid global commercialization of 5G communication technology is attributed for the market expansion. A microprocessor is an electronic device made up of millions of tiny components, such as diodes, transistors, and resistors, all of which are combined onto a single integrated circuit (IC).