RISC-V Microcontroller & Microprocessor Market by Product Type (MCU, MPU, SoC), Core Type (32-Bit, 64-Bit), Application (Consumer Electronics, Automotive, Industrial IoT, Data Centers, Aerospace) — Global Forecast to 2035

The global RISC-V microcontroller and microprocessor market is expected to reach approximately USD 32.66 billion by 2035 from USD 2.12 billion in 2025, at a CAGR of 29.5% from 2025 to 2035.

RISC-V is an open-source ISA leveraging the principles of RISC for designing custom, royalty-free processors. As opposed to proprietary architectures like ARM and x86, RISC-V specifications are made available under permissive open-source licenses, allowing developers and semiconductor companies to design, customize, and build processors without having to pay licensing fees or royalties. This open architecture has drawn significant interest from major technology companies, startups, academic institutions, and government-backed initiatives looking to lessen dependence upon proprietary chip technologies.

Key Market Highlights:

• In 2025, Asia-Pacific accounts for the largest share of the global RISC-V microcontroller and microprocessor market, driven by strong semiconductor manufacturing infrastructure, strategic government initiatives in China and India, and robust adoption across consumer electronics and IoT applications.
• North America is projected to witness significant growth during the forecast period, fueled by a robust innovation environment, strong startup ecosystem, and government-backed programs supporting alternative processor architectures.
• Based on product type, the microcontroller (MCU) segment commands the largest share of the market in 2025, driven by strong demand for low-power, customizable cores in IoT devices, consumer electronics, and industrial applications.
• Based on product type, the microprocessor (MPU) segment is expected to witness the highest growth rate during the forecast period, driven by increasing demand for high-performance computing and advanced processing capabilities in data centers and AI applications.
• Based on core type, the 64-bit segment holds the largest share of the market in 2025, driven by demand for higher processing capabilities in automotive, data center, and high-performance computing applications.
• Based on application, the consumer electronics segment accounts for the largest share of the market in 2025, driven by widespread adoption of RISC-V cores in smart TVs, wearables, home automation devices, and smartphones.
• The automotive segment is expected to witness one of the highest growth rate during the forecast period, driven by adoption of RISC-V in advanced driver assistance systems (ADAS), in-vehicle infotainment, and electronic control units (ECUs).
• The data centers & HPC segment is projected to grow at the fastest CAGR during the forecast period, as hyperscalers explore RISC-V servers for AI inference and cloud micro-services.
• China is expected to lead the Asia-Pacific RISC-V market, leveraging the architecture to develop indigenous data center and AI silicon while reducing dependence on foreign chip technologies.

Market Overview and Insights

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RISC-V represents a fundamental shift in the semiconductor industry, offering an open-source alternative to proprietary processor architectures that have dominated the market for decades. Developed in 2010 at the University of California, Berkeley, RISC-V has evolved from an academic project into a commercially viable architecture supported by RISC-V International, a global non-profit organization.

RISC-V provides a base ISA that can be extended with standard or custom extensions, enabling developers to create processors optimized for specific applications independent of the licensing constraints associated with proprietary architectures. This flexibility has attracted interest across diverse sectors that range from ultra-low-power IoT devices to high-performance data center processors and AI accelerators.

Several factors, such as increasing semiconductor costs, supply chain fragilities, geopolitical tension affecting chip access, and emerging demand for application-specific processors, have acted in concert to drive the marketplace momentum. Major technology companies including Alibaba, Google, NVIDIA, Qualcomm, and Intel have invested in RISC-V development, while startups like SiFive, Codasip, and Andes Technology have emerged as leading providers of commercial RISC-V IP cores.

Key Trends Shaping the Market:

The RISC-V market is witnessing significant growth driven by the conjunction of open-source hardware philosophy and rising demand for bespoke, affordable processor solutions. The adoption rate has accelerated over the last few years for the architecture in embedded systems, IoT devices, and consumer electronics, while its reach is increasing in automotive, industrial, and data center applications.

Artificial intelligence and machine learning capabilities represent one of the key growth vectors. RISC-V's support for vector extensions and custom accelerators makes it well-suited for edge AI and neural network inference applications. Companies are developing AI-enabled RISC-V processors that perform real-time inference tasks locally, supporting such applications as smart devices, predictive maintenance, autonomous systems, and computer vision without the need for cloud connectivity.

Geopolitical factors have played an important role in RISC-V's adoption, particularly in China, where firms are accelerating the move towards RISC-V architectures to reduce dependencies on proprietary ISAs with export controls. Similarly, the European Union has invested deeply in RISC-V-based chip development through programs such as DARE, eProcessor, and EuroHPC in its endeavor to increase digital sovereignty and supply chain resilience.

This is particularly true in automotive, one of the fastest‑growing adoption areas. In March 2025, Infineon Technologies announced its first automotive microcontroller family based on RISC‑V, as an expansion of its AURIX brand and a key step toward open‑standard automotive computing. RISC‑V–based designs can meet functional safety and real‑time requirements, making the architecture suitable for applications ranging from ADAS and electronic power steering to zonal architectures in next‑generation vehicles.

Market Scope:

Market Dynamics:

Driver: Open-source Architecture with Royalty-free Licensing

The open-source nature of RISC-V, combined with its no-royalties licensing model, acts as the principal driver for its adoption. While proprietary architectures like ARM charge hefty licensing fees and royalties per chip manufactured, the RISC-V architecture will enable semiconductor companies and system developers to build custom processors without ongoing royalties and fees. This cost advantage will be particularly welcome in the high-volume applications of IoT, consumer electronics, and industrial automation, where licensing fees could take a serious bite out of product margins. The open specification also allows public auditing of architectural designs, improving security and transparency.

Driver: Customization and Application-Specific Optimization

RISC-V's modular architecture allows developers to build application-optimized processors with a choice of standard or custom extensions. That capability provides the leeway for domain-specific chips with instruction sets that can be better tailored to AI/ML workloads, signal processing, cryptographic operations, or real-time control applications. The option to customize processor cores unhindered by restrictions imposed by proprietary architectures has driven significant corporate interest in differentiated silicon solutions.

Driver: Geopolitical Factors and Supply Chain Diversification

There has been recent acceleration in the adoption of RISC-V, driven by geopolitical tensions and trade restrictions in particular, as companies in China seek out alternatives to ARM and x86 architectures subject to export controls. Government-backed initiatives in China, India, and the European Union position RISC-V as a strategic technology for achieving semiconductor independence and supply chain resilience. These national programs are driving substantial investment in RISC-V research, development, and manufacturing capabilities.

Opportunity: Expansion in Automotive Electronics

The automotive industry offers high growth opportunities for the adoption of RISC-V. Flexibility in the architecture, with functions for safety and real-time processing, positions RISC-V for automotive applications across the board, from ADAS and infotainment to battery management and electronic control units. License-free cores offer cost elasticity to Tier-1 suppliers, allowing for a greater variety of product versions without exponential royalty increases. With Infineon launching its line of RISC-V automotive microcontrollers, mainstream adoption has achieved a new milestone in this industry segment.

Opportunity: Data Center and High-Performance Computing

RISC-V is now moving into the data center and high-performance computing verticals, outside embedded applications. The likes of Alibaba, Ventana Micro Systems, and SiFive are pushing server-class RISC-V processors for AI inference, cloud micro-services, and general-purpose computing workloads. Hyperscalers are benchmarking RISC-V servers for cost advantages in license-free cores and chiplet packaging, positioning the architecture for gradual penetration in data center applications.

Challenge: Ecosystem Maturity and Software Support

Although the RISC-V ecosystem has grown significantly, it remains less mature than established ARM and x86 ecosystems. Though rapidly improving, software toolchains, operating system support, debugging tools, and middleware libraries still trail proprietary alternatives in some areas of application. The transition to RISC-V requires significant investment in porting and optimizing software from companies, extending timelines and adding to initial project costs.

Segment Analysis:

By Product Type:

Driven by strong demand in IoT devices, consumer electronics, industrial applications, and embedded systems for low-power, customized RISC-V cores, the MCU segment is expected to hold the largest share of the market in 2025. Commercial RISC-V microcontrollers have been introduced by leading companies like GigaDevice, Espressif Systems, and Renesas, among others, which boast competitive performance and power consumption compared to traditional ARM-based solutions.

The microprocessor segment is expected to grow with the highest CAGR during the forecast period, owing to the increasing demand for high-performance computing capabilities in data centers, servers, and application processors. Companies such as SiFive, Ventana Micro Systems, and Alibaba's T-Head Semiconductor are working on advanced RISC-V microprocessors targeting server and AI workloads.

By Core Type:

Based on core type, the 64-bit segment commands the largest share of the market in 2025, owing to the high demand for greater processing capability across automotive, data centers, and high-performance computing applications. 64-bit RISC-V cores provide the memory addressing and processing capabilities needed for high-end applications, such as AI inference, server workloads, and advanced embedded systems.

However, the 128-bit segment is projected to record the fastest CAGR during the forecast period, driven by emerging requirements such as ultra-high-performance computing, advanced cryptographic operations, and next-generation AI accelerators.

By Application:

On the basis of application, the consumer electronics segment captures the largest market share of the total revenue in 2025, driven by adoption of RISC-V cores in smart TVs, wearables, home automation devices, smartphones, and audio/video equipment. The cost advantages of license-free RISC-V cores make them an attractive option for high-volume consumer applications where margins are constrained.

The data centers and HPC market is anticipated to grow at the fastest CAGR through 2035, as hyperscalers and enterprise customers begin to explore RISC-V for AI inference and cloud computing.

Regional Insights:

Asia-Pacific holds the largest share of the global RISC-V market in 2025. Strong semiconductor manufacturing infrastructure, strategic government initiatives on indigenous processor development, and robust adoption in consumer electronics and IoT applications are some key reasons behind the growth of this market. China continues to drive the regional market, aiming to use RISC-V as a path to independent chip capabilities and reduce dependency on foreign technologies that have export restrictions in place. Design-in-India campaigns and an emerging startup ecosystem add new capacity for assembly and test in India, with companies like Mindgrove planning volume MCU shipments.

North American RISC-V market is mainly driven by the robust innovation environment, strong startup ecosystem, and massive investments by major technology companies. This market is primarily driven by the U.S., supported by government programs promoting alternative processor architectures along with significant demand from applications in automotive, data centers, and IoT.

Key Players:

The key players operating in the global RISC-V microcontroller and microprocessor market are SiFive Inc. (U.S.), Andes Technology Corporation (Taiwan), Codasip S.R.O. (Czech Republic), StarFive Technology Co. Ltd. (China), Infineon Technologies AG (Germany), GigaDevice Semiconductor Inc. (China), Microchip Technology Inc. (U.S.), Espressif Systems (Shanghai) Co. Ltd. (China), Nuclei System Technology Co. Ltd. (China), Ventana Micro Systems Inc. (U.S.), Imagination Technologies (U.K.), GreenWaves Technologies (France), Bluespec Inc. (U.S.), Syntacore (Russia), Alibaba Group/T-Head Semiconductor (China), Western Digital Corporation (U.S.), Renesas Electronics Corporation (Japan), NXP Semiconductors N.V. (Netherlands), Qualcomm Incorporated (U.S.), and Intel Corporation (U.S.), amongst other companies.

Key Questions Answered