Global Fabless IC Market 2018-2022
About fabless IC
Fabless IC are similar to standard ICs and provide similar functionalities. Fabless manufacturing design of the semiconductor devices and chips by outsourcing device fabrication to a specialized manufacturer termed as a semiconductor foundry.
Technavio’s analysts forecast the Global fabless IC market to grow at a CAGR of 7.99% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the fabless IC market. To calculate the market size, the report considers the growth and revenue generated based on application and device type.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fabless IC market 2018-2022
Technavio recognizes the following companies as the key players in the fabless IC market: Advanced Micro Devices, Apple, Broadcom, MediaTek, NVIDIA, Qualcomm Technologies
Commenting on the report, an analyst from Technavio’s team said: “The growth of ICs in VR devices, drones, and robotics will be a key trend driving the growth of the fabless IC market. ICs are gaining prominence due to the increasing use in applications such as AR and VR devices, next-generation robots for homes and factories, and drones.
According to the report, the rising penetration of ICs in automotive sector will be a key driver driving the growth of the market. ICs offer safer and greener automobiles that are cost-effective and offer high performance. Also, the steady increase in the IC content in all the latest commercial and premium cars is driving the growth of the automotive industry.
Further, the report states that the high design complexity will affect the growth of the market. The increased demand for miniaturized electronic devices is consequent in high level of integration on a single IC. This integration drives the complexity of the design and development of ICs. Also, fabless IC vendors must invest more resources, time, and efforts to develop the circuitry.
Advanced Micro Devices
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