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.
Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: +44 (0) 20 7291 0880
Fax: +44 (0) 84 5280 2825
