The analysts forecast the Global fabless IC market to grow at a CAGR of 7.99% during the period 2018-2022.
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.
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.
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.
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
- Qualcomm Technologies
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Market Segmentation By Device Type
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/w556wx/global_fabless_ic?w=4