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:
By Type
Logic ICs
Memory chips
Micro components
By End-user
Computer
Telecommunication
Automotive
Consumer Electronics
Others
By Geographical Landscape
APAC
North America
Europe
Middle East and Africa
South America
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:
Digital IC market sizing
Digital IC market forecast
Digital IC market industry analysis
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.
Executive Summary
Market overview
Table Executive Summary - Chart on Market Overview
Table Executive Summary - Data Table on Market Overview
Table Executive Summary - Chart on Global Market Characteristics
Table Executive Summary - Chart on Market by Geography
Table Executive Summary - Chart on Market Segmentation by Type
Table Executive Summary - Chart on Market Segmentation by End-user
Table Executive Summary - Chart on Incremental Growth
Table Executive Summary - Data Table on Incremental Growth
Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
Market ecosystem
Table Parent market
Table Market Characteristics
Market Sizing
Market definition
Table Offerings of vendors included in the market definition
Market segment analysis
Table Market segments
Market size 2023
Market outlook: Forecast for 2023-2028
Table Chart on Global - Market size and forecast 2023-2028 ($ billion)
Table Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
Global digital IC market 2018 - 2022
Table Historic Market Size - Data table on global digital IC market 2018 - 2022 ($ billion)