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Research Report With COVID-19 Forecasts - Application Specific IC (ASIC) Market 2020-2024 | Digital Transformation to Boost Growth | Technavio
[May 26, 2020]

Research Report With COVID-19 Forecasts - Application Specific IC (ASIC) Market 2020-2024 | Digital Transformation to Boost Growth | Technavio


Technavio has been monitoring the application specific IC (ASIC) market and it is poised to grow by USD 4.58 billion during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced the latest market research report titled Global Application Specific IC Market 2020-2024 (Graphic: Business Wire)

Technavio has announced the latest market research report titled Global Application Specific IC Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Analog Devices Inc., Broadcom Inc., Infineon Technologies AG, Intel Corp., Maxim Integrated Products Inc., NXP Semiconductors (News - Alert) NV, ON Semiconductor Corp., Renesas Electronics Corp., STMicroelectronics NV, and Texas Instruments Inc, are some of the major market participants. Although digital transformation will offer immense growth opportunities, changing market dynamics due to the US-China trade war will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Digital transformation has been instrumental in driving the growth of the market. However, changing market dynamics due to the US-China trade war might hamper market growth.

Application Specific IC (ASIC) Market 2020-2024 : Segmentation

Application Specific IC (ASIC) Market is segmented as below:

  • Product
    • Smartphones
    • TVs
    • PCs
    • Automotive
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43640



Application Specific IC (ASIC) Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our application specific IC (ASIC) market report covers the following areas:


  • Application Specific IC (ASIC) Market size
  • Application Specific IC (ASIC) Market trends
  • Application Specific IC (ASIC) Market industry analysis

This study identifies the emergence of IoT as one of the prime reasons driving the application specific IC (ASIC) market growth during the next few years.

Application Specific IC (ASIC) Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the application specific IC (ASIC) market, including some of the vendors such as Analog Devices Inc., Broadcom (News - Alert) Inc., Infineon Technologies AG, Intel Corp., Maxim Integrated Products Inc., NXP Semiconductors NV, ON Semiconductor Corp., Renesas Electronics Corp., STMicroelectronics NV, and Texas Instruments (News - Alert) Inc. Backed with competitive intelligence and benchmarking, our research reports on the application specific IC (ASIC) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Application Specific IC (ASIC) Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist application specific IC (ASIC) market growth during the next five years
  • Estimation of the application specific IC (ASIC) market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the application specific IC (ASIC) market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of application specific IC (ASIC) market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis
  • Innovations

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Smartphones - Market size and forecast 2019-2024
  • TVs - Market size and forecast 2019-2024
  • PCs - Market size and forecast 2019-2024
  • Automotive - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Type (qualitative)

  • Full-custom design
  • Standard cell based
  • Gate-array based

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Analog Devices Inc.
  • Broadcom Inc.
  • Infineon Technologies AG
  • Intel Corp.
  • Maxim Integrated (News - Alert) Products Inc.
  • NXP Semiconductors NV
  • ON Semiconductor Corp.
  • Renesas Electronics Corp.
  • STMicroelectronics NV
  • Texas Instruments Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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