Global Special Purpose Logic IC Market 2024-2028
The special purpose logic IC market is forecasted to grow by USD 38.7 bn during 2023-2028, accelerating at a CAGR of 6.77% during the forecast period. The report on the special purpose logic 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 high adoption of smartphones and tablets, automation in automobiles, and growing need for memory devices.
Technavio's special purpose logic IC market is segmented as below:
By Application
- Communications
- Computing
- Consumer electronics
- Others
By Type
- Programmable logic ICS
- High end programmable logic ICS
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the change in wafer size as one of the prime reasons driving the special purpose logic IC market growth during the next few years. Also, emergence of IoT and growing investments in 3D NAND and finfet technologies will lead to sizable demand in the market.
The report on the special purpose logic IC market covers the following areas:
- Special purpose logic IC market sizing
- Special purpose logic IC market forecast
- Special purpose logic 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 special purpose logic IC market vendors that include Advanced Micro Devices Inc., Analog Devices Inc., Broadcom Inc., GOWIN Semiconductor Corp., Infineon Technologies AG, Intel Corp., Kingston Technology Co. Inc., Microchip Technology Inc., NXP Semiconductors NV, Phoenix Contact GmbH and Co. KG, Qualcomm Inc., Renesas Electronics Corp., STMicroelectronics International N.V., Texas Instruments Inc., and Trenz Electronic GmbH. Also, the special purpose logic 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 the way of study, synthesis, and summation of data from multiple sources by 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 the accurate market growth.