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There will be a 9.64% compound annual growth rate in the digital IC market. The value of the digital integrated circuit (IC) industry would reach $387 billion. One of the primary features of digital integrated circuits is their ability to measure voltages.
The circuits enhance digital system efficiency by utilizing the NOR, OR, and AND functionalities. Logic gates, multiplexers, and other electronic components make them up. Reduced size and increased speed are two benefits of digital circuit shrinking. Additionally, it reduces production expenses. The digital integrated circuit market is experiencing strong growth due to a number of factors, one of which is the increasing demand for different types of digital ICs for a wide range of applications. Improving digital circuits is another major function of the Internet of Things (IoT). The market for integrated circuits is expanding at the same time as the demand for mobile devices like smartphones and tablets.
Several industries around the world were hit hard by the financial crisis caused by the outbreak of COVID-19. Multiple companies had to close their doors as a result, and the supply chain was hit particularly hard. This is why there are a number of components needed to make DIs that are in low supply. In an effort to contain the epidemic, several nations have instituted social isolation and lockdowns. But economies will recover and thrive again as new healthcare facilities and vaccines are developed.
Circuits that may only receive voltages of specific values are known as digital integrated circuits (ICs). A digital integrated circuit (IC) is technically a binary circuit since it only uses two states. The AND, OR, and NOR functions are widely used in the circuits; these are also fundamental to the operation of contemporary digital systems. Digital integrated circuits are anticipated to see increased use in the next years, which should boost their market growth. On the other hand, in the beginning of their market journey, their intricate designs could provide some challenges.
With an emphasis on the worldwide Digital IC market trend, the "Global Digital IC Market Analysis to 2028" provides a detailed and expert examination of the Digital IC sector. The purpose of this research is to offer a synopsis of the worldwide digital integrated circuit (IC) market with precise regional, product type, component, and raw material breakdowns. Throughout the projected timeframe, the worldwide digital IC market is anticipated to experience robust expansion. The research gives essential data on the current state of the market, as well as important trends and opportunities, and it profiles the top market participants.
A comprehensive analysis of the market, including quantitative and qualitative data, is included in the research. The report also breaks down the digital integrated circuit (IC) industry by region, estimating current and future sales in North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM) through the year 2028. Subsegmentation of the market by countries and segments follows the regional segmentation. Along with the present trend and potential in the region, the research analyzes and predicts the future of sixteen counties worldwide.
Massive demand for digital integrated circuits has resulted from the rising level of vehicle automation. The digital integrated circuit market will be further stimulated by its applications in healthcare and a number of ancillary devices. The expansion of the digital integrated circuit (IC) market will be accelerated by the integration of different systems and sensors made possible by the Internet of Things (IoT). The complexity of merging digital ICs into one IC is the main factor that will limit the growth of the digital IC market. Because of this, fixing any technical issue will be extremely difficult for the vendors. The digital IC market is poised to benefit from the increasing need for solutions that reduce power consumption in the internet of things (IoT). Loic ICs, NAND, Flash Memory ICs, etc., will be in high demand because to the increasing usage of electronic devices like smartphones, tablets, and more. The growing popularity of bringing one's own device to work also bodes well for the industry.
Report Coverage
Global Digital IC research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Digital IC report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Digital IC competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Digital IC market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Digital IC market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Digital IC market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lattice Semiconductor Corporation (US), Broadcom Ltd. (Singapore), Samsung Corporation (South Korea), Integrated Device Technology Inc. (US), Texas Instruments Inc. (US), Skyworks Solutions Inc. (US), Semiconductor NV (Netherlands), Micron Technology Inc. (US), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), Maxim Integrated Products Inc. (US), Qualcomm Incorporated (US), Nvidia Corporation (US), Infineon Technologies AG (Germany), Analog Devices Inc. (US), SK Hynix Inc. (South Korea), STMelectronics (Switzerland) and Intel Corporation (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Digital IC market based on the below-mentioned segments:
Global Digital IC Market, By Raw Material
Arsenide
Gallium
Silicon
Others
Global Digital IC market, By Component
Microcontroller
Memory (Flash, EPROM, DRAM, and others)
Digital Signal Processing
Others
Global Digital IC Market, By End User
Communication
Industrial
Automotive
Consumer Electronics
Others
Global Digital IC market, Regional Analysis
The circuits enhance digital system efficiency by utilizing the NOR, OR, and AND functionalities. Logic gates, multiplexers, and other electronic components make them up. Reduced size and increased speed are two benefits of digital circuit shrinking. Additionally, it reduces production expenses. The digital integrated circuit market is experiencing strong growth due to a number of factors, one of which is the increasing demand for different types of digital ICs for a wide range of applications. Improving digital circuits is another major function of the Internet of Things (IoT). The market for integrated circuits is expanding at the same time as the demand for mobile devices like smartphones and tablets.
Several industries around the world were hit hard by the financial crisis caused by the outbreak of COVID-19. Multiple companies had to close their doors as a result, and the supply chain was hit particularly hard. This is why there are a number of components needed to make DIs that are in low supply. In an effort to contain the epidemic, several nations have instituted social isolation and lockdowns. But economies will recover and thrive again as new healthcare facilities and vaccines are developed.
Circuits that may only receive voltages of specific values are known as digital integrated circuits (ICs). A digital integrated circuit (IC) is technically a binary circuit since it only uses two states. The AND, OR, and NOR functions are widely used in the circuits; these are also fundamental to the operation of contemporary digital systems. Digital integrated circuits are anticipated to see increased use in the next years, which should boost their market growth. On the other hand, in the beginning of their market journey, their intricate designs could provide some challenges.
With an emphasis on the worldwide Digital IC market trend, the "Global Digital IC Market Analysis to 2028" provides a detailed and expert examination of the Digital IC sector. The purpose of this research is to offer a synopsis of the worldwide digital integrated circuit (IC) market with precise regional, product type, component, and raw material breakdowns. Throughout the projected timeframe, the worldwide digital IC market is anticipated to experience robust expansion. The research gives essential data on the current state of the market, as well as important trends and opportunities, and it profiles the top market participants.
A comprehensive analysis of the market, including quantitative and qualitative data, is included in the research. The report also breaks down the digital integrated circuit (IC) industry by region, estimating current and future sales in North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM) through the year 2028. Subsegmentation of the market by countries and segments follows the regional segmentation. Along with the present trend and potential in the region, the research analyzes and predicts the future of sixteen counties worldwide.
Massive demand for digital integrated circuits has resulted from the rising level of vehicle automation. The digital integrated circuit market will be further stimulated by its applications in healthcare and a number of ancillary devices. The expansion of the digital integrated circuit (IC) market will be accelerated by the integration of different systems and sensors made possible by the Internet of Things (IoT). The complexity of merging digital ICs into one IC is the main factor that will limit the growth of the digital IC market. Because of this, fixing any technical issue will be extremely difficult for the vendors. The digital IC market is poised to benefit from the increasing need for solutions that reduce power consumption in the internet of things (IoT). Loic ICs, NAND, Flash Memory ICs, etc., will be in high demand because to the increasing usage of electronic devices like smartphones, tablets, and more. The growing popularity of bringing one's own device to work also bodes well for the industry.
Report Coverage
Global Digital IC research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Digital IC report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Digital IC competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Digital IC market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Lattice Semiconductor Corporation (US), Broadcom Ltd. (Singapore), Samsung Corporation (South Korea), Integrated Device Technology Inc. (US), Texas Instruments Inc. (US), Skyworks Solutions Inc. (US), Semiconductor NV (Netherlands), Micron Technology Inc. (US), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), Maxim Integrated Products Inc. (US), Qualcomm Incorporated (US), Nvidia Corporation (US), Infineon Technologies AG (Germany), Analog Devices Inc. (US), SK Hynix Inc. (South Korea), STMelectronics (Switzerland) and Intel Corporation (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Digital IC Market from 2021 to 2031.
- Market Forecast for Digital IC Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Digital IC competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Digital IC
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Digital IC market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Digital IC market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Lattice Semiconductor Corporation (US), Broadcom Ltd. (Singapore), Samsung Corporation (South Korea), Integrated Device Technology Inc. (US), Texas Instruments Inc. (US), Skyworks Solutions Inc. (US), Semiconductor NV (Netherlands), Micron Technology Inc. (US), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), Maxim Integrated Products Inc. (US), Qualcomm Incorporated (US), Nvidia Corporation (US), Infineon Technologies AG (Germany), Analog Devices Inc. (US), SK Hynix Inc. (South Korea), STMelectronics (Switzerland) and Intel Corporation (US)
Primary Target Market
- Market Players of Digital IC
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Digital IC market based on the below-mentioned segments:
Global Digital IC Market, By Raw Material
Arsenide
Gallium
Silicon
Others
Global Digital IC market, By Component
Microcontroller
Memory (Flash, EPROM, DRAM, and others)
Digital Signal Processing
Others
Global Digital IC Market, By End User
Communication
Industrial
Automotive
Consumer Electronics
Others
Global Digital IC market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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