SerDes Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of SerDes Market
The SerDes market size was valued at USD 752.2 million in 2023, and the market is now projected to grow from USD 846.4 million in 2024 to USD 2,422.8 million by 2032, exhibiting a CAGR of 14.1% during the forecast period of 2023-2030.
Due to restricted manufacturing capacity, delays in concept, and disruptions in the delivery chain, the COVID-19 pandemic has had a negative impact on the SerDes market. Production was slowed down as a result of restrictions and lockdowns that disrupted the supply of essential raw materials. The epidemic also resulted in a drop in funding and investments as investors became wary of undertaking new projects due to economic uncertainty. Studies and development initiatives were therefore impacted.
Major factors driving SerDes Market growth include the growing requirement for designs such as SerDes stems, increased awareness of the benefits and advantages of SerDes, expanding acceptance of SerDes in telecommunication applications, and changes in network chip architectures led by cloud computing. The exponential rise in the amount of data produced by various applications, which has increased demand for reliable and efficient data-sharing services and solutions is another factor driving market's growth. Growing acceptance of SerDes as a significant or essential technology for high-speed data transmission between integrated circuits and chips is also adding to market expansion.
The market is seeing some of the newest developments, such as rising investments in automation and technology, which call for high-speed, effective networks. Transportation, security, and asset monitoring are some of the technologies meeting these needs. The need for next-generation communication technologies, like wireless sensing networks (WSN), 5G, 4G, and wi-fi, is being driven by these in turn. There is a greater need for effective communication between servers, storage devices, and other components because to the growth of data centers and the rising use of cloud computing services. SerDes technology is essential for these infrastructures to move data quickly.
Comprehensive Analysis of SerDes Market
The SerDes industry is rising at an exponential rate due to its market segmentation. These segmentations are methodically segregated by application, and by channel length. Based on application, market is divided into telecom, automotive, data centers, consumer electronics, and others. Based on channel length, market is divided into short reach and long reach.
The North America holds leading position in SerDes market share by benefitting a market size of USD 322 million in 2023. The strong presence of numerous top SerDes vendors in the area, including Texas Instruments, Renesas, and Maxim Integrated, among others, and expanding product applications in the telecommunications and automotive industries are major factors contributing to the growth of the regional market. Furthermore, the region is home to a large number of top research and development centres, universities, and technology companies; as a result, continued research in networking and high-speed data communication technologies will propel innovation and the widespread adoption of SerDes solutions at a rapid pace.
The top players in the market play a crucial role in the industry assuring industrial prospectus growth and setting market standards. These players include, Synopsys, Inc. (U.S.), Lattice Semiconductor (U.S.), Texas Instruments Incorporated (U.S.), Marvell (U.S.), Cadence Design Systems, Inc. (U.S.) , ALPHAWAVE SEMI (Canada), Broadcom Inc. (U.S.), STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands).
December 2022: The Automotive SerDes Alliance criteria are probably being met by VSI's new commercial SerDes solution, which was introduced in December 2022.
Segmentation Table
Global SerDes Market Scope
Study Period 2019 - 2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024 – 2032
Historical Period 2019 - 2022
Growth Rate CAGR of 14.1% from 2024 to 2032
Unit Value (USD Million)
Segmentation By Application
Telecom
Automotive
Data Centers
Consumer Electronics
Others (Automation)
By Channel Length
Short Reach
Long Reach
By Region
North America
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
South America
- Brazil (By Application)
- Argentina (By Application)
- Rest of South America
Europe
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Italy (By Application)
- Spain (By Application)
- Russia (By Application)
- Benelux (By Application)
- Nordics (By Application)
- Rest of Europe
Middle East & Africa
- Turkey (By Application)
- Israel (By Application)
- GCC (By Application)
- North Africa (By Application)
- South Africa (By Application)
- Rest of the Middle East & Africa
Asia Pacific
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- ASEAN (By Application)
- Oceania (By Application)
- Rest of Asia Pacific
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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
- 3.3. Impact of Generative AI
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global SerDes Key Players Market Share/Ranking, 2023
- 5. Global SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Application (USD)
- 5.2.1. Telecom
- 5.2.2. Automotive
- 5.2.3. Data Centers
- 5.2.4. Consumer Electronics
- 5.2.5. Others (Automation, etc.)
- 5.3. By Channel Length (USD)
- 5.3.1. Short Reach
- 5.3.2. Long Reach
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 6. North America SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Application (USD)
- 6.2.1. Telecom
- 6.2.2. Automotive
- 6.2.3. Data Centers
- 6.2.4. Consumer Electronics
- 6.2.5. Others (Automation, etc.)
- 6.3. By Channel Length (USD)
- 6.3.1. Short Reach
- 6.3.2. Long Reach
- 6.4. By Country (USD)
- 6.4.1. United States
- 6.4.1.1. By Application
- 6.4.2. Canada
- 6.4.2.1. By Application
- 6.4.3. Mexico
- 6.4.3.1. By Application
- 7. South America SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Application (USD)
- 7.2.1. Telecom
- 7.2.2. Automotive
- 7.2.3. Data Centers
- 7.2.4. Consumer Electronics
- 7.2.5. Others (Automation, etc.)
- 7.3. By Channel Length (USD)
- 7.3.1. Short Reach
- 7.3.2. Long Reach
- 7.4. By Country (USD)
- 7.4.1. Brazil
- 7.4.1.1. By Application
- 7.4.2. Argentina
- 7.4.2.1. By Appliction
- 7.4.3. Rest of South America
- 8. Europe SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Application (USD)
- 8.2.1. Telecom
- 8.2.2. Automotive
- 8.2.3. Data Centers
- 8.2.4. Consumer Electronics
- 8.2.5. Others (Automation, etc.)
- 8.3. By Channel Length (USD)
- 8.3.1. Short Reach
- 8.3.2. Long Reach
- 8.4. By Country (USD)
- 8.4.1. United Kingdom
- 8.4.1.1. By Application
- 8.4.2. Germany
- 8.4.2.1. By Application
- 8.4.3. France
- 8.4.3.1. By Application
- 8.4.4. Italy
- 8.4.4.1. By Application
- 8.4.5. Spain
- 8.4.5.1. By Application
- 8.4.6. Russia
- 8.4.6.1. By Application
- 8.4.7. Benelux
- 8.4.7.1. By Application
- 8.4.8. Nordics
- 8.4.8.1. By Application
- 8.4.9. Rest of Europe
- 9. Middle East & Africa SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Application (USD)
- 9.2.1. Telecom
- 9.2.2. Automotive
- 9.2.3. Data Centers
- 9.2.4. Consumer Electronics
- 9.2.5. Others (Automation, etc.)
- 9.3. By Channel Length (USD)
- 9.3.1. Short Reach
- 9.3.2. Long Reach
- 9.4. By Country (USD)
- 9.4.1. Turkey
- 9.4.1.1. By Application
- 9.4.2. Israel
- 9.4.2.1. By Application
- 9.4.3. GCC
- 9.4.3.1. By Application
- 9.4.4. North Africa
- 9.4.4.1. By Application
- 9.4.5. South Africa
- 9.4.5.1. By Application
- 9.4.6. Rest of MEA
- 10. Asia Pacific SerDes Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Application (USD)
- 10.2.1. Telecom
- 10.2.2. Automotive
- 10.2.3. Data Centers
- 10.2.4. Consumer Electronics
- 10.2.5. Others (Automation, etc.)
- 10.3. By Channel Length (USD)
- 10.3.1. Short Reach
- 10.3.2. Long Reach
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.1.1. By Application
- 10.4.2. India
- 10.4.2.1. By Application
- 10.4.3. Japan
- 10.4.3.1. By Application
- 10.4.4. South Korea
- 10.4.4.1. By Application
- 10.4.5. ASEAN
- 10.4.5.1. By Application
- 10.4.6. Oceania
- 10.4.6.1. By Application
- 10.4.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Synopsys, Inc.
- 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. Lattice Semiconductor
- 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. Texas Instruments Incorporated
- 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. Marvell
- 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. Cadence Design Systems, Inc.
- 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. ALPHAWAVE SEMI
- 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. Broadcom Inc.
- 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. STMicroelectronics
- 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. Renesas Electronics Corporation
- 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. ROHM CO., LTD.
- 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
- 12. Key Takeaways
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