Lucintel’s latest market report analyzed that ASIC chip provides attractive opportunities in the data processing, consumer electronics, telecommunication system, industrial, and other industries. The ASIC chip market is expected to reach $34.4 billion by 2027 with a CAGR of 7.2%. In this market, semi-based custom is the largest segment by type, whereas telecommunication system is largest by end use industry. Advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/asic-chip-market.aspx Based on type, the ASIC chip market is segmented into the data processing, consumer electronics, telecommunication system, industrial, and other industries. The semi-based custom segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to its cost effectiveness, reduced risk, and time saving properties.
Browse in-depth TOC on “ASIC Chip Market”
87 – Tables
96 – Figures
182 – Pages
The ASIC Chip Market is marked by the presence of several big and small players. Some of the prominent players offering ASIC chip include AMD, ON Semiconductor Corporation, TSMC, Intel Corporation, Infineon Technologies, Samsung, Bitmain Technologies, Nvidia Corporation, Texas Instruments, Maxim Integrated Products.
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