Technavio’s analysts forecast the Global Semiconductor Integrated Circuit (IC) market to grow at a CAGR of 8.5 percent over the period 2010–2014. One of the key factors contributing to this market growth is the demand for high-end gadgets. The Global Semiconductor IC market has also been witnessing an increasing focus on low-power ICs by semiconductor IC vendors. However, the challenge faced by these vendors to provide high-precision and robust ICs at economic rates could pose a challenge to the growth of this market.
Key vendors dominating this market include Intel Corp., Samsung Electronics, Toshiba Corp., and Texas Instruments.
Technavio’s Global Semiconductor Integrated Circuit Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Global Semiconductor IC market landscape and its growth prospects in the Americas, the EMEA region, and the APAC region. The report also includes a discussion on the key vendors providing semiconductor ICs in this market and the revenue obtained from the sale of semiconductor ICs. It does not cover services, solutions, or other revenue sources.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsDemand for Sophisticated Medical Devices Driving Growth of Semiconductor IC Market
A recently released report by Technavio, specialists in emerging technologies market research, reveals that the Global Semiconductor Integrated Circuit (IC) market is expected to grow at a CAGR of 8.5 percent.
The report, which covers the Americas as well as the EMEA and APAC regions, indicates that the market is being driven by the growing demand for high-end medical devices.
According to Technavio’s industry analyst, “Semiconductor ICs are used extensively in high-end medical devices. The demand for such devices has been growing consistently with technological advancements in healthcare. Smart chips in particular have been aiding doctors to diagnose critical illnesses. As a result, there is increasing demand for semiconductor ICs.”
The report also highlights that the demand for more economic ICs is hindering the growth of this market. However, the demand for advanced telecommunications infrastructure is expected to keep driving the market. There is also a trend in this market of semiconductor vendors going fabless.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
Technavio’s report, Global Semiconductor Integrated Circuit Market 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market, including Intel Corp., Samsung Electronics, Toshiba Corp., and Texas Instruments.
For further information and to obtain your copy of this report, please visit www.technavio.com
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