About IC market
Integrated chip (IC), also known as a microchip, is consists of interconnected electronic components such as capacitors, transistors, amplifiers, oscillators, computer memory, and timer.The IC market is dominated by the telecom and communications segment because of the increase in demand for smartphones.
Technavio's analysts forecast the global IC market to grow at a CAGR of 2.96% over the period 2014-2019.
Covered in this report
This report covers the current scenario and growth prospects of the global IC market for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of ICs. The market is divided into the following segments:
Technavio Announces the Publication of its Research Report – Global IC Market 2015-2019
Technavio recognizes the following companies as the key players in the Global IC Market: Intel, Micro, Qualcomm, Samsung Semiconductors, SK Hynix and TSMC
Other Prominent Vendors in the market are: Broadcom, Freescale Semiconductor, Infineon, MediaTek, NXP, Renesas Electronics, Sony Semiconductor, STMicroelectronics, Texas Instruments and Toshiba
Commenting on the report, an analyst from Technavio’s team said: “IoT is the latest trend in the global technology arena. It helps connecting all essential home devices to the Internet. This includes cars, TVs, laptops, coffee makers, automated door locks, wearable devices, cellphones, and GPS-enabled pet trackers. IoT would be able to connect billions of devices. As a result, future households will have many home appliances that are interconnected wirelessly.”
According to the report, although the penetration of smart TVs in matured markets such as the Americas is reaching saturation, digital TV penetration in emerging markets such as APAC has witnessed growth.
Further, the report states that Constant upgrade of technology leads to piling up of IC inventory with end-product manufacturers, due to cessation in the production of consumer products equipped with previous generation IC chips. This happens when a new product is introduced in the market, which has better performance, features, processing powers, and low cost.
Intel, Micro, Qualcomm, Samsung Semiconductors, SK Hynix, TSMC, Broadcom, Freescale Semiconductor, Infineon, MediaTek, NXP, Renesas Electronics, Sony Semiconductor, STMicroelectronics, Texas Instruments, Toshiba
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