64-BIT COMPUTING MARKET ANALYSIS
64-bit computing refers to the bit number in a processor corresponding to processing speed and storage capacity. In computer architecture, a processor with memory address widths, integer size, and data path widths of 64 bits is referred to as 64-bit computing. Advanced technologies such as collision avoidance systems, parking assistance, and lane departure warning in the automotive industry, require installation of 64-bit processors for smooth functioning. Growing integration of these technologies in automotive is in turn, increasing demand for 640-bit computing, globally. According to International Energy Agency Organization, in 2016, over 750,000 electronic cars were sold worldwide, with China, the U.S., Norway, U.K., France, and Japan being major countries in this market.
Market Trends
Among applications, the automotive application segment holds a dominant position and is projected to retain its dominance throughout the forecast period.
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