RISC-V Tech Market Size & Outlook, 2026-2034

RISC-V Tech Market Overview

The global RISC-V Tech market size is valued at USD 1,348.23 million in 2025 and is estimated to reach USD 26,108.56 million by 2034, growing at a CAGR of 42.9% during the forecast period. Consistent growth of the market is supported by the accelerating adoption of open-standard processor architectures, enabling cost-efficient customization, reducing licensing dependencies, and fostering rapid innovation across microcontrollers, AI/ML accelerators, and high-performance computing applications.

Key Market Trends & Insights

• North America dominated the market with a revenue share of 35.42% in 2025.
• Asia Pacific is anticipated to grow at the fastest CAGR of 42.9% during the forecast period.
• Based on core type, the RV64GC segment held the highest market share of 52.31% in 2025.
• By technology node, the 7nm and above segment is estimated to register the fastest CAGR growth of 45.86% during the forecast period.
• Based on application, the Microcontrollers segment dominated the market in 2025 with a market share of 46.72%.
• Based on end-use industry, the Consumer Electronics segment held the highest growth rate, registering a CAGR of 41.28% during the forecast period.
• The U.S. dominates the RISC-V Tech market, valued at USD 1,192.35 million in 2024 and reaching USD 1,348.23 million in 2025.

Source: Straits Research

Market Size and Forecast

• 2025 Market Size: USD 1,348.23 million
• 2034 Projected Market Size: USD 26,108.56 million
• CAGR (2026-2034): 42.9%
• Dominating Region: North America
• Fastest Growing Region: Asia Pacific

The RISC-V Tech market in the global domain is a broad ecosystem of various processor architectures with an open standard such as RV32I, RV64GC, and RVV cores, representing an efficient scale of computation performance in embedded, edge, and high-performance computing domains. They are produced using advanced technology nodes such as 7nm and above, 5nm, and 3nm and below, which support diversified consumption of power efficiency, processing scale, and system integration.

Moreover, RISC-V tech solutions have industry applications in microcontrollers, AI/ML accelerators, and high-performance computing systems, which support various generalized and specialized computing domains. The solutions have widespread applications in a wide array of end-use industries such as consumer electronics, automotive, industrial automation, cloud & data centers, and other emerging domains.

Market Trends

Migration Towards Native Architectures And Into Open And Customizable Computing Environments

The adoption of RISC-V technology is bringing a sea change in the microchip industry from being locked into closed architectures to embracing an open model where CPU designs can be personalized based on application requirements. Historically, microchip designers have used a locked CPU instruction set architecture model where higher licensing costs have prevented them from making any modifications, leading to a slow pace of innovation in microchip designs.

With an open RISC-V model, microchip designers can personalize CPU designs based on application requirements and speed up innovation in developing variant microchips without being locked into a particular model. Such an Indegin innovation in microchipping technology brings a paradigm shift in designing processors.

Adoption of RISC-V in AI and High-Performance Computing Architectures

A sudden increase in AI-computing workloads is accelerating the integration of RISC-V into next-generation AI/ML accelerators and high-performance computers. Early versions of RISC-V vector extensions (RVV) demonstrated how domain-specific accelerations, developed with a focus on parallel computation and efficient inference latency, can compete with more established architectures. Increased support for customizable vector engines and RISC-V chiplet architectures in the industry has allowed companies to build specialized chips for workloads such as robotics, automotive ADAS systems, cloud inference, and industrial automation. The uptake in this space is largely observed in startups and other hyperscale companies searching for adaptable and efficient solutions with lower cost and complexity. Industry case studies have demonstrated how incorporating RVV accelerators can lower computation complexities and improve inference speed for edge AI workloads, indicating a whole industry migration towards modular and specialized architectures in RISC-V.

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Market Driver

Government-backed Semiconductor Sovereignty Programs Accelerating RISC-V Adoption

The increasing incorporation of open-standard architectures in the semiconductor sovereignty agendas of national governments globally is emerging as a key demand driver among markets for RISC-V processors. Several nations, including China, India, and European countries such as Germany and South Korea, in addition to the USA, have devised specialized funding schemes and public-private collaborations to boost indigenous semiconductor design communities.

For instance, technology missions in Asia have initiated RISC-V design incubators, national processors, and university-led microarchitecture labs to augment indigenous capability. Such efforts in Europe and North America have come to include RISC-V in publicly funded research agendas for automotive, defense, and industrial electronics. Such organized Initiatives have come to boost indigenous prototype development, ease access to design tools, and make semiconductors accessible to new players in the industry.

Market Restraint

Fragmentary Regulation Hindering Transnational Uptake of Open Architectures

A major hindrance in the RISC-V Tech Market is the increasing lack of uniformity in the regulation of semiconductors in major regions, making it challenging for the global adoption of processors based on open standards. Although countries have strategic ambitions towards adopting RISC-V for autonomy, other countries have put in place export control regulations, security compliance, and IP validation, which are major hindrances to expansion in the market.

For instance, various country-specific cybersecurity bodies have recently updated their guidelines for open-architecture processors in defense, telecommunications, and critical infrastructure projects, including additional paperwork requirements, third-party testing, and protracted certification approval. Regions where such regulations are not in sync may have challenges in the fast-track commercialization of innovations, time-consuming and increased paperwork, and a lack of interconnectivity across regions. Therefore, a lack of uniformity in regulation continues to impede the seamless integration of RISC-V solutions in the global semiconductor space.

Market Opportunity

Diversification of Sectoral RISC-V Adoption Frameworks

The unprecedented new opportunities in the RISC-V Tech Market are driven by increasing adoption of sector-specific adoption frameworks. Industries such as automotive, industrial automation, and data center computing develop standardized integration guidelines that determine how to embed RISC-V cores, vector extensions, and security modules into next-generation electronic control systems.

For example, automotive consortia have just recently defined a unified specification that lays out requirements for safety-certifiable open-architecture processors that allow all RISC-V platforms, from ADAS to powertrain management, to be evaluated by various manufacturers. Similar initiatives in the field of industrial automation pursue the same idea of establishing an interoperability benchmark, which in turn persuades suppliers to adopt easily customizable-at-source RISC-V microcontrollers for robotics, predictive maintenance systems, and smart factory equipment. Such structured frameworks accelerate the industry-wide confidence in open architectures while driving up the addressable market across multiple high-growth verticals, therefore creating strong long-term commercial opportunities for RISC-V technology providers.

Regional Analysis

North America accounted for 35.42% of the global revenue share in 2025, dominating the market. This leadership is underpinned by the strong semiconductor design ecosystem of the region and rapid institutional adoption of open-architecture processors across enterprise, industrial, and embedded applications. Furthermore, this has been accelerated by collaborations between chip design firms, academic engineering centers, and fabrication partners, leading to faster validation and deployment for commercial use of RISC-V–based core designs. Such ecosystem strength could harness more rapid prototyping cycles, greater architectural experimentation, and early adoption of high-performance RISC-V designs across North American industries, thereby mutually reinforcing the region's dominance in the global market.

The growth of the RISC-V Tech Market in the United States is driven by the rapid expansion of commercial RISC-V deployments across consumer electronics, industrial automation, and cloud computing hardware. Industry reports outline the growing integration of RISC-V microcontrollers in IoT devices and smart consumer products, reducing dependence on traditional proprietary architectures. This is further being fueled by the strong presence of semiconductor design startups and accelerator programs, hence driving innovation into RISC-V–based vector processors and embedded computing platforms. These developments are strengthening the U.S. position as a key contributor to global RISC-V commercialization.

Asia Pacific RISC-V Tech Market Insights

The Asia Pacific is emerging as the fastest-growing region and is expected to grow at a CAGR of 42.9% during the period of 2026-2034. This rapid growth is being driven by the deep regional investments in chip design clusters, vast manufacturing capacity, and industrial partnerships targeting open-architecture processor development of AI/ML accelerators, microcontrollers, and high-performance computing applications. Private semiconductor firms and research institutions across countries are also increasingly participating and accelerating innovation in the fields of instruction-set customization, system-on-chip integration, and vector processing technologies, among others. All these factors are contributing to establishing the positioning of Asia Pacific as a significant hub for the next-generation RISC-V development.

The RISC-V Tech Market of India is growing rapidly due to the increased adoption of open-architecture processors in consumer electronics, automotive components, and smart industrial systems. More and more, local semiconductor design houses use RISC-V cores for cost-effective microcontrollers and custom accelerators, catering to the requirements of local manufacturing. Furthermore, chip design incubation programs at a national level are equipping engineering talent to develop and commercialize prototypes based on RISC-V at scale, therefore supporting India as a strong player in the global open architecture semiconductor ecosystem. These developments are reinforcing India's role as a dynamic growth market within the broader Asia Pacific region.

Source: Straits Research

Europe RISC-V Tech Market Insights

The RISC-V tech market in Europe is observing a gradual increase in growth due to a focus on open architecture in Europe’s industrial automation, electric vehicle space, and robotics. Moreover, Europe is witnessing increased tie-ups between firms dealing with semiconductor designing and engineering institutes, leading to an accelerated pace of developing microcontrollers and vector processing engines based on RISC-V technology for industrial and mobility purposes. Europe’s strategy of providing transparent guidelines on benchmarking is leading to increased acceptance of open architecture processors in various industries in Europe.

The RISC-V market in Germany is driven by an increasing incorporation of RISC-V-enabled controllers into automotive systems such as power electronics, in-vehicle sensing modules, and highly integrated braking and steering systems. Engineering teams have started using adaptable RISC-V cores in order to improve function safety designs in accordance with new requirements in autonomous automotive architectures. The development of local electronics production clusters is pushing forward testing and validation activities for RISC-V processor IP in automotive systems, thus increasing the impact of Germany in the European RISC-V community.

Latin America RISC-V tech market insights

The Latin America RISC-V Tech Market finds increasing acceptance in countries such as Brazil, Mexico, and Colombia, which are opting for open architecture processors in order to update their industrial appliances, utility metering systems, and low-power IoT infrastructure. Technology companies in Latin America are developing RISC-V prototyping boards to make prototype development simpler for companies in Latin America. The increasing popularity of remote hardware engineering courses in Latin America is filling a gap in manpower requirements to promote RISC-V technology adoption in local and export-oriented electronics production.

The Brazilian RISC-V market is emerging because companies have started using RISC-V microcontrollers in smart grid solutions, agricultural automation systems, and consumer appliance electronics. Domestic companies are increasingly adopting RISC-V toolchains to design energy-efficient controllers for tropical environments and utility-scale power grids. Moreover, collaborations among design service companies and Brazilian electronics assemblers are increasing the availability and affordability of low-cost RISC-V evaluation boards, which will boost commercialization in Brazil’s evolving electronics industry.

Middle East and Africa RISC-V Technology Market Insights

The Middle East and African market for RISC-V technology in processors is growing, with industries in this region adopting open processors in order to achieve autonomy in technology. Telecommunications, oil and gas automation, and smart city projects are increasingly incorporating controllers based on RISC-V processors for enhanced security and adaptability in computation. The interest in ruggedized electronics in this region to function in high temperatures in critical environments is pushing companies to work with RISC-V cores.

The RISC-V ecosystem in the UAE is emerging because of advanced technology parks and innovation hubs, which promote the customization of processor architecture for aerospace systems, autonomous mobility solutions, and digital infrastructure projects in the UAE. Engineers in the UAE have started using RISC-V architectures to design specialized compute modules for trusted communications, environmental sensing, and future mobility solutions. Such projects are increasing the adoption of RISC-V IP in high-end tech domains in the UAE, which remains a major driver of growth in this region.

Core Type Insights

The RV64GC segment accounted for the largest revenue share of 52.31% in 2025. The leading positions in this segment are attributed to its widest usability in high-performance embedded systems, data-centric computing, and future computing systems. With a paradigmatic transition in industries towards customization and energy-efficient processors, RV64GC finds increasing acceptance for its enhanced instruction set capabilities with better performance scalability and an ideal toolchain ecosystem support environment.

The RVV (RISC-V Vector Extension) market is expected to grow at a fast pace, with a projected CAGR of 45.86% during the forecast period. The main driver of this fast expansion is increasing demand for parallel processing in AI/ML accelerators, robotics, and other high-performance edge devices. As more people focus on developing architectures for vectorized workloads, RVV adoption continues to speed up in industries where real-time intelligence and compute performance are a necessity.

Source: Straits Research

Technology Node Insights

The 7nm and above segment dominated the market by revenue, holding 48.15% in 2025. Driven by prevalent use on microcontrollers, consumer electronics, and automotive electronics, manufacturers seek mature, cost-efficient nodes to achieve balanced performance against yield stability and scalability of production.

The 3nm and below segment is expected to have the fastest growth, which might grow at a CAGR of 45.86% during the forecast period. Driving factors include increasing demand for advanced AI/ML accelerators, high-performance computing systems, and next-generation data center processors that require ultra-low power consumption and maximum transistor density. As chipmakers move to state-of-the-art lithography to gain a competitive advantage, 3nm and below is turning out to be a key enabler for high-efficiency RISC-V architectures across premium and compute-intensive applications.

Application Insights

The segment of Microcontrollers dominated the market in 2025 with a revenue share of 46.72%, as RISC-V–based MCUs have highly integrated consumer electronics, smart home devices, wearables, and industrial control systems. Their open-architecture flexibility enables manufacturers to tailor instruction sets, reduce dependency on licensing, and accelerate product development cycles.

The fastest growth during the forecast period is expected to be witnessed in the segment of AI/ML Accelerators, owing to the surging demand for domain-specific compute architectures optimized for vector processing, low-latency inference, and real-time analytics. Rising collaboration of semiconductor startups, research institutes, and hyperscale computing companies accelerates the development of RISC-V vector engines. This is good for the rapid commercialization of workloads like robotics vision, autonomous systems, and edge intelligence.

End Use Industry Insights

The Consumer Electronics segment is expected to grow at the highest CAGR of 41.28% due to the increase in the adoption of RISC-V-based processors in smartphones, wearables, smart home devices, and personal computing accessories. Since manufacturers increasingly focus on licensable, power-efficient, and cost-effective architectures, RISC-V provides a very broad platform to drive differentiated product design. Increasing adoption of connected devices and rapid product-refresh cycles further drive demand for scalable open architecture solutions, strengthening the growth of the consumer electronics segment during the forecast period.

Competitive Landscape

The global RISC-V Tech Market is moderately fragmented, with established companies in the field of semiconductor design, in addition to new players based on open architectures. Some of the major players have a major share of this market because of their established IP, advanced core processors, and support from their ecosystem in commercially adopting RISC-V tech.

Major players in the market include SiFive, Andes Technology, Rivos, and various other players. Major players in this market are observed to be actively engaging in competition to establish a strong foothold in this market with advanced high-performance cores in RISC-V, collaborations with fab partners, and diversification into application spaces such as accelerators for AI/ML, microcontrollers, and high-performance computing. Such strategies in this market include new product developments, architecture improvements, memberships, and acquisitions.

InCore Semiconductors: An emerging market player

InCore Semiconductors, a RISC-V company based in India, which focuses on developing customizable processors with an open architecture, differentiates itself in terms of providing an automated platform for designing and validating a complete SoC in a matter of minutes based on RISC-V cores, which takes a significantly longer time in existing solutions.

• In June 2025, InCore Semiconductors launched a major innovation in accelerated chip technology with the announcement of their SoC Generator Platform, which can create RISC-V SoCs with six heterogeneous cores and a NoC.

Thus, InCore Semiconductors established a prominent presence in the RISC-V Tech Market with quick design automation and innovative designs using an open architecture.

List of key players in RISC-V Tech Market

1. SiFive
2. Andes Technology
3. Rivos
4. Ventana Micro Systems
5. Codasip
6. Imperas Software
7. Syntacore
8. GreenWaves Technologies
9. Alibaba T-Head
10. NVIDIA
11. Qualcomm
12. Intel
13. Samsung Electronics
14. MediaTek
15. Esperanto Technologies
16. Microchip Technology
17. StarFive Technology
18. GigaDevice
19. Tenstorrent
20. Sophgo
21. Others

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Strategic Initiatives

• September 2025: SiFive launched its 2nd Generation Intelligence™ family, featuring five new RISC-V-based products designed to accelerate AI workloads across machine learning, edge, and data-centric applications, expanding its high-performance IP portfolio.
• May 2025: Rivos Inc. highlighted the RISE Project: Advancing RISC-V Software at RISC-V Summit Europe, with over USD 500,000 invested in prioritized software enhancements to support up-and-coming RISC-V deployments across tools and runtime environments, strengthening the software foundation for commercial adoption.
• April 2025: Andes Technology hosted the 2025 Andes RISC-V CON in Silicon Valley, bringing together engineers, partners, and ecosystem leaders to showcase the latest RISC-V solutions and strengthen global developer engagement, underscoring its leadership in fostering open-architecture innovation.
• April 2025: Codasip launched Codasip Prime, a comprehensive RISC-V development and exploration platform designed to accelerate the creation of customized RISC-V processors. The platform integrates advanced verification, architectural exploration, and optimization capabilities, enabling developers to build domain-specific RISC-V cores with greater efficiency.