Semiconductor Market to reach USD 90.80 billion|Key Drivers and Market Forecasts|17000+ Technavio Research Reports
NEW YORK, June 7, 2021 /PRNewswire/ --
The semiconductor market is set to reach USD 90.80 billion, progressing at a CAGR of over 4% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio's in-depth market research reports include value chain analysis and validation techniques to help industry leaders improve their business.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Broadcom Inc., Infineon Technologies AG, Intel Corp., Micron Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Samsung Electronics Co. Ltd., SK HYNIX Inc., and Texas Instruments Inc. are some of the major market participants. The use of semiconductor packaging technology will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Semiconductor Market 2020-2024: Segmentation
Semiconductor Market is segmented as below:
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=IRTNTR43410
Semiconductor Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the semiconductor market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Broadcom Inc., Infineon Technologies AG, Intel Corp., Micron Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., Samsung Electronics Co. Ltd., SK HYNIX Inc., and Texas Instruments Inc.
The report also covers the following areas:
The rising aoption of semiconductor ICs in automobiles is likely to emerge as one of the primary drivers of the market.
Semiconductor Market 2020-2024: Key Highlights
Related Reports on Information Technology Include:
Global Discrete Semiconductors Market- The discrete semiconductors market is segmented by application (consumer electronics, ICT, industrial, and automotive) and geography (APAC, North America, Europe, MEA, and South America).
Global Semiconductor Laser Market- The semiconductor laser market is segmented by application (communication, industrial, military and defense, medical, and others) and geography (APAC, Europe, North America, South America, and MEA).
Table of Contents:
Five Forces Analysis
Market Segmentation by Product
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