SerDes Market Share, Size, Trends, Industry Analysis Report, By Product (Standalone SerDes and SerDes IP Core); By Application; By Component; By Region; Segment Forecast, 2023 – 2032
The global SerDes market size is expected to reach USD 2.5 billion by 2032, according to a new study by Polaris Market Research. The report “SerDes Market Share, Size, Trends, Industry Analysis Report, By Product (Standalone SerDes and SerDes IP Core); By Application; By Component; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The significant use of SerDes in a range of technologies and applications and its ability to provide data transmissions over the single or differential line through minimizing the number of I/O connections and pins along with the continuous expansion of network infrastructure and global digitalization that have been producing a vast amount of data are among the major prominent factors influencing the demand and growth of the global market over the years.
Moreover, numerous applications such as 5G wireless communication, data centers, and autonomous vehicles require higher bandwidth for faster and more reliable data transfer, leading to increased incorporation and adoption of innovative SerDes technology due to its ability to allow for the efficient utilization of available bandwidth, is further likely to have a positive impact on the global market growth.
For instance, in July 2023, Faraday Technology announced the launch of its new SerDes solution that includes IP sub-system integration, PHY hardcore implementation, & signal integrity/power integrity. It is mainly designed to accelerate customer integration and has also passed the compliance tests helped by PCI-SIG.
With the growing proliferation and penetration of advanced technologies like artificial intelligence and machine learning across various industries, the SerDes technology is being widely utilized in AI and ML applications where high-speed data communication is critical or essential for processing large datasets and model training. Apart from this, SerDes systems are also starting to incorporate AI and ML techniques for adaptive equalization and dynamic adjustments to optimize signal integrity efficiently or effectively.
Furthermore, the rapid development of smart city infrastructure, including smart transportation systems and surveillance that results in a higher amount of data generated that boosts the need for efficient data transmission solutions, will also likely present lucrative opportunities for SerDes technology in enabling high-speed data communication.
SerDes Market Report Highlights
The standalone segment accounted for a noteworthy share, mainly due to its growing use in numerous applications such as IoTs, cloud computing, big data, and 5G infrastructure.
Data centers & cloud computing segment led the industry market on account of the growing proliferation of faster and more efficient data transmission solutions.
The clock multiplier units segment will grow at the highest pace, mainly driven by continuous developments in new and innovative CMUs meeting specific industry needs.
North America dominated the global market with a substantial share, owing to growing investments in R&D activities for high-speed data communication and transmission solutions.
The key market players include Renesas Electronics Corporation, Maxim Integrated, Faraday Technology, Broadcom, NXP Semiconductors, and Texas Instruments.
Polaris Market Research has segmented the SerDes market report based on product, application, component, and region:
SerDes, Product Outlook (Revenue - USD Million, 2023 - 2032)
Standalone SerDes
SerDes IP Core
SerDes, Application Outlook (Revenue - USD Million, 2023 - 2032)
Optical Fiber Communication
Data Centers & Cloud Computing
5G Wireless Infrastructure
ADAS
Vehicle Equipment
SerDes, Component Outlook (Revenue - USD Million, 2023 - 2032)
Cloud Multiplier Units
Laner
Physical Coding Sub-blocks
SerDes, Regional Outlook (Revenue - USD Million, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa