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NEW YORK , July 20, 2022 /PRNewswire/ -- ASIC is a microchip that is designed for specific applications or purposes. ASICs are manufactured with custom designs according to device configuration or end-user specifications.
The "Application Specific IC (ASIC) Market by Product (smartphones, TVs, PCs, automotive, and others), Type (full-custom design, standard cell-based, and gate-array based), and Geography (APAC, North America , Europe , South America , MEA, APAC, North America , Europe , South America , and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. The potential growth difference for the application-specific IC (ASIC) market between 2020 and 2025 is USD 9.15 bn . To get the exact yearly growth variance and the Y-O-Y growth rate, Request a Sample Report
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The application-specific IC (ASIC) market report is segmented by product (smartphones, TVs, PCs, automotive, and others), type (full-custom design, standard cell-based, and gate-array based), and geography (APAC, North America , Europe , South America , MEA, APAC, North America , Europe , South America , and MEA).
APAC will be the leading region with 70% of the market's growth during the forecast period. This growth is driven by factors such as the integration of advanced technologies in smartphones. China, South Korea (Republic of Korea), Taiwan , and Singapore are the key countries for the application-specific IC (ASIC) market in APAC.
By product, the smartphones segment will contribute the highest market growth. ASICs are used in smartphones for functions such as Bluetooth, charging systems, transmission protocol, speed, and performance.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View our Sample Report
The company offers several application-specific ICs for various applications. Request a Sample Report
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Application Specific IC (ASIC) Market Scope
Accelerate at a CAGR of 8.32%
APAC, North America, Europe, South America, MEA, APAC, North America, Europe, South America, and MEA
China, US, South Korea (Republic of Korea), Taiwan, and Singapore
Leading companies, competitive strategies, consumer engagement scope
Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corp., Maxim Integrated Products Inc., MediaTek Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., and STMicroelectronics NV
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
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