Integrated Circuit Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Integrated Circuit Market
The Integrated Circuit market size was valued at USD 616.90 billion in 2023, and the market is now projected to grow from USD 695.52 billion in 2024 to USD 1901 billion by 2032, exhibiting a CAGR of 13.4% during the forecast period of 2024-2032.
The novel coronavirus influenced various conspicuous economies over the globe making a serious cash crunch and lessening cash liquidity. In this way, most of the speculators and producers working with a cynical approach moderated the development pace of the integrated circuit market growth. Also, sanctions on cross-border exchange of non-essential merchandise hampered the import-export of ICs from producers of Asia Pacific to other districts, decreasing deals in numerous regions.
The broad inquiries about and improvement operations, such as progressed driver help frameworks embraced by various major players of automotive vehicles, expand the request for the items. Furthermore, expanding openings for IoT-based gadgets have intensified the necessities of analog ICs, advanced IC, and microcontroller sensors in mechanized gear and IoT gadgets. For occurrence, persistent endeavors to present created and progressed automotive infotainment establishments, such as cutting-edge amusement and data setup or exact GPS following and navigations, will move the request and ensuing deals of automotive microcontrollers (MCU).
To extend the product's nearness over the worldwide showcase and cultivate its offer inside the clients, many IC producers are attempting to address the custom prerequisites of the customers. The producers are locked in in improvement of custom-made coordinates circuits able of giving all the major essential electronic components in a single chip. Moreover, the setup of next-generation media transmission systems, such as 5G cellular administrations, requests all-encompassing alter within the framework setup. The soaring application of quantum computing and artificial insights is the significant figure assessed to boost the market development over the course of time.
Comprehensive Analysis of Integrated Circuit Market
The product type of the integrated circuit market is categorized into analog, logic, micro and memory. With the rising utilization of logic gates, across numerous regions, the part logic gates to dominate with an elevated sale. According to the application division of the market is namely categorized as automotive, gaming consoles, standard PCs, Internet of things, cellphones, tablets, servers, TV and set top box. Followed by cellphones and tablets, the standard PCs are revived to dominate the market for integrated circuit.
North America is anticipated to develop and account for an overwhelming integrated circuit market share with an estimation of USD 272.04 billion over the globe. The successful execution of the worldwide pioneers and promising execution of the application divisions within the territorial advertise are guaranteeing vital share of the region outpacing all the other districts. Built up automotive manufacturing in Detroit is creating significant request for car microcontrollers. Extension of car fabricating clusters in Canada is collectively driving the improvements over North America.
Key producers in this market are centering on the advancement of way better and progressed items and are working broadly to realize innovative superiority. Moreover, major players working within the market are making speculations for foundation of manufacturing offices in diverse districts over the globe. The companies are attempting to meet enormous increase within the request for ICs within the market. These remarkable players are enlisted as: Intel Corporation (U.S.), NVIDIA (U.S.), Avago Technologies (Broadcom) (U.S.), AMI Semiconductor (U.S.), Micron Technology, Inc. (U.S.), Qualcomm Technologies, Inc. (U.S.), Toshiba Electronic Devices & Storage Corporation (Japan), SK Hynix (South Korea), SAMSUNG (South Korea).
Within the month of August 2022, the company Toshiba Electronic Devices & Storage Corporation included the ""TB67S549FTG"" venturing engine driver IC to its item line. This little IC comes with built-in constant-current direction, killing the necessity for additional circuit components and sparing circuit board space. The TB67S549FTG is culminate for mechanical hardware such as office computerization and managing an account equipment, upgrading productivity and maximizing space utilization.
Segmentation Table
ATTRIBUTEDETAILS
Study Period2019-2032
Base Year2023
Estimated Year2024
Forecast Period2024-2032
Historical Period2019-2022
UnitValue (USD Billion)
Growth RateCAGR of 13.4% over 2024 to 2032
SegmentationBy Product Type
Logic
Memory
Micro
Analog
By Application
Standard PCs
Cellphones/Tablets
Automotive
Internet of Things (IoT)
Servers
TVs/Set Top Box
Gaming Consoles
Others
By Region
North America (By Product Type, Application, and Country)
U.S. (By Product Type)
Canada (By Product Type)
Mexico (By Product Type)
Europe (By Product Type, Application, and Country)
U.K. (By Product Type)
Germany (By Product Type)
France (By Product Type)
Italy (By Product Type)
Spain (By Product Type)
Russia (By Product Type)
BENELUX (By Product Type)
Nordics (By Product Type)
Rest of Europe
Asia Pacific (By Product Type, Application, and Country)
China (By Product Type)
India (By Product Type)
Japan (By Product Type)
South Korea (By Product Type)
ASEAN Countries (By Product Type)
Australia (By Product Type)
Rest of Asia Pacific
Middle East & Africa (By Product Type, Application, and Country)
GCC (By Product Type)
South Africa (By Product Type)
Rest of Middle East & Africa
South America (By Product Type, Application, and Country)
Brazil (By Product Type)
Argentina (By Product Type)
Colombia (By Product Type)
Rest of South America
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Integrated Circuit Market Key Players Market Share Insights and Analysis, 2023
- 5. Global Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Product Type (USD)
- 5.2.1. Logic
- 5.2.2. Memory
- 5.2.3. Micro
- 5.2.4. Analog
- 5.3. By Application (USD)
- 5.3.1. Standard PCs
- 5.3.2. Cellphones/Tablets
- 5.3.3. Automotive
- 5.3.4. Internet of Things (IoT)
- 5.3.5. Servers
- 5.3.6. TVs/Set Top Box
- 5.3.7. Gaming Consoles
- 5.3.8. Others
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia-Pacific
- 5.4.4. South America
- 5.4.5. Middle East and Africa
- 6. North America Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Product Type (USD)
- 6.2.1. Logic
- 6.2.2. Memory
- 6.2.3. Micro
- 6.2.4. Analog
- 6.3. By Application (USD)
- 6.3.1. Standard PCs
- 6.3.2. Cellphones/Tablets
- 6.3.3. Automotive
- 6.3.4. Internet of Things (IoT)
- 6.3.5. Servers
- 6.3.6. TVs/Set Top Box
- 6.3.7. Gaming Consoles
- 6.3.8. Others
- 6.4. By Country (USD)
- 6.4.1. U.S.
- 6.4.1.1. Product Type
- 6.4.2. Canada
- 6.4.2.1. Product Type
- 6.4.3. Mexico
- 6.4.3.1. Product Type
- 7. Europe Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Product Type (USD)
- 7.2.1. Logic
- 7.2.2. Memory
- 7.2.3. Micro
- 7.2.4. Analog
- 7.3. By Application (USD)
- 7.3.1. Standard PCs
- 7.3.2. Cellphones/Tablets
- 7.3.3. Automotive
- 7.3.4. Internet of Things (IoT)
- 7.3.5. Servers
- 7.3.6. TVs/Set Top Box
- 7.3.7. Gaming Consoles
- 7.3.8. Others
- 7.4. By Country (USD)
- 7.4.1. Germany
- 7.4.1.1. Product Type
- 7.4.2. U.K.
- 7.4.2.1. Product Type
- 7.4.3. France
- 7.4.3.1. Product Type
- 7.4.4. Italy
- 7.4.4.1. Product Type
- 7.4.5. Spain
- 7.4.5.1. Product Type
- 7.4.6. Nordics
- 7.4.6.1. Product Type
- 7.4.7. Russia
- 7.4.7.1. Product Type
- 7.4.8. Benelux
- 7.4.8.1. Product Type
- 7.4.9. Rest of Europe
- 8. Asia-Pacific Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Product Type (USD)
- 8.2.1. Logic
- 8.2.2. Memory
- 8.2.3. Micro
- 8.2.4. Analog
- 8.3. By Application (USD)
- 8.3.1. Standard PCs
- 8.3.2. Cellphones/Tablets
- 8.3.3. Automotive
- 8.3.4. Internet of Things (IoT)
- 8.3.5. Servers
- 8.3.6. TVs/Set Top Box
- 8.3.7. Gaming Consoles
- 8.3.8. Others
- 8.4. By Country (USD)
- 8.4.1. China
- 8.4.1.1. Product Type
- 8.4.2. India
- 8.4.2.1. Product Type
- 8.4.3. Japan
- 8.4.3.1. Product Type
- 8.4.4. South Korea
- 8.4.4.1. Product Type
- 8.4.5. ASEAN Countries
- 8.4.5.1. Product Type
- 8.4.6. Australia
- 8.4.6.1. Product Type
- 8.4.7. Rest of Asia-Pacific
- 9. Middle East & Africa Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Product Type (USD)
- 9.2.1. Logic
- 9.2.2. Memory
- 9.2.3. Micro
- 9.2.4. Analog
- 9.3. By Application (USD)
- 9.3.1. Standard PCs
- 9.3.2. Cellphones/Tablets
- 9.3.3. Automotive
- 9.3.4. Internet of Things (IoT)
- 9.3.5. Servers
- 9.3.6. TVs/Set Top Box
- 9.3.7. Gaming Consoles
- 9.3.8. Others
- 9.4. By Country (USD)
- 9.4.1. GCC Countries
- 9.4.1.1. Product Type
- 9.4.2. South Africa
- 9.4.2.1. Product Type
- 9.4.3. Rest of Middle East & Africa
- 10. South America Integrated Circuit Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Product Type (USD)
- 10.2.1. Logic
- 10.2.2. Memory
- 10.2.3. Micro
- 10.2.4. Analog
- 10.3. By Application (USD)
- 10.3.1. Standard PCs
- 10.3.2. Cellphones/Tablets
- 10.3.3. Automotive
- 10.3.4. Internet of Things (IoT)
- 10.3.5. Servers
- 10.3.6. TVs/Set Top Box
- 10.3.7. Gaming Consoles
- 10.3.8. Others
- 10.4. By Country (USD)
- 10.4.1. Brazil
- 10.4.1.1. Product Type
- 10.4.2. Argentina
- 10.4.2.1. Product Type
- 10.4.3. Colombia
- 10.4.3.1. Product Type
- 10.4.4. Rest of South America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. SAMSUNG
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Intel Corporation
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Qualcomm Technologies, Inc.
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Toshiba Electronic Devices & Storage Corporation
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Texas Instruments
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. AMI Semiconductor
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. SK Hynix
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. NVIDIA
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Micron Technology, Inc.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Avago Technologies (Broadcom)
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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