Lucintel Forecasts Asic Chip Market To Reach $49 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the ASIC Chip Market is projected to reach an estimated $49 billion by 2030 at a CAGR of 7.8% from 2024 to 2030. Growth in this market is primarily driven by increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Browse 79 figures/charts and 60 tables in this 162-page report to understand trends, opportunities and forecast in ASIC chip market by type (semi-based custom, programmable logic device, and full custom), end use industry (data processing system, consumer electronics, telecommunication system, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks.
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... Asia Pacific is expected to remain the largest market by value and volume and it is also expected to witness the highest growth over the forecast period due to the growth in consumer electronic devices & telecommunication products.
AMD, ON Semiconductor Corporation, TSMC, Intel Corporation, Infineon Technologies, Samsung, Bitmain Technologies, Nvidia Corporation, Texas Instruments, Maxim Integrated Products are the major suppliers in the ASIC chip market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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