PUBLISHER: TechNavio | PRODUCT CODE: 1426040
PUBLISHER: TechNavio | PRODUCT CODE: 1426040
The digital IC market is forecasted to grow by USD 173.49 bn during 2023-2028, accelerating at a CAGR of 8.55% during the forecast period. The report on the digital IC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the high adoption of smartphones and tablets globally, the growing EV industry, and the high demand for energy-efficient electronic products.
Technavio's digital IC market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 17.3% |
CAGR | 8.55% |
Incremental Value | $173.49bn |
By Type
By End-user
By Geographical Landscape
This study identifies the growing adoption of IoT among end-users as one of the prime reasons driving the digital IC market growth during the next few years. Also, the growing need for memory devices and growing initiatives for digital transformation will lead to sizable demand in the market.
The report on the digital IC market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital ic market vendors that include Analog Devices Inc., Broadcom Inc., Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corp., Lattice Semiconductor Corp., MediaTek Inc., Micron Technology Inc., Micross Inc., NXP Semiconductors NV, Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Semiconductor Manufacturing International Corp., SK Inc., STMicroelectronics International N.V., Taiwan SEMICONDUCTOR CO. LTD, Taiwan Semiconductor Manufacturing Co. Ltd., Texas Instruments Inc., and Toshiba Corp. Also, the digital IC market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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