Analog IC Market to Reach $56.5 Billion in 2020
January 12, 2016 | Semico ResearchEstimated reading time: Less than a minute
Analog ICs are critical to nearly all electronic devices. The world electronics market will consume over 121 billion analog ICs in 2015. This translates to several analog ICs per electronic device.
Analog ICs experienced stronger than average growth over the last several years as the mobility product segment grew at double digit rates. These products have a higher than average analog content, thus growth has exceeded the overall semiconductor market. However, this appears to be changing as the markets for end applications like smartphones and tablets are now growing at a slower rate as these markets saturate and replacements become the growth driver.
"The Internet of Things presents a great growth potential for analog and sensors, but large volumes for that market are still a few years away," said Jim Feldhan, president of Semico Research. "Consequently, we are seeing an inflection point in the analog market. Over the next 5 years, analog sales growth will slow to a CAGR of 4.4% in dollar terms and 5.3% in unit terms."
Suggested Items
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.
Guerrilla RF Completes Strategic Acquisition of GaN Device Portfolio from Gallium Semiconductor
04/29/2024 | BUSINESS WIREGuerrilla RF, Inc. has finalized the acquisition of Gallium Semiconductor's entire portfolio of GaN power amplifiers and front-end modules. Effective April 26th, 2024, GUER acquired all previously released components as well as new cores under development at Gallium Semiconductor.
Amphenol Reports Q1 2024 Results, Announces New Stock Repurchase Program
04/26/2024 | BUSINESS WIREAmphenol Corporation reported first quarter 2024 results. In addition, the Company is announcing a new three-year, $2 billion stock repurchase program.
Chinese Smartphone Market Maintains its Recovery Momentum at 6.5% Growth in 1Q24,
04/26/2024 | IDCAccording to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 6.5% year over year (YoY) to 69.3 million units in 1Q24.
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).