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This study discusses the drivers and restraints, revenue, and Mega Trends impacting the global DSP market, which has just begun its recovery from the recession-triggered slump. Now, the growing Gen Y population in Asia-Pacific and Rest of World (ROW) are increasingly demanding advanced sensing technology, connected devices, and Internet of Things (...

19 Dec 2024  |  Global  |  Market Research

Global Semiconductor Devices Market Outlook, 2024-2025

Moving AI Hardware Beyond Data Centers to Edge Devices is Driving Transformative Growth as Sustainability and CASE Trends Curb Declines in Industrial and Automotive Markets

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The global semiconductor devices industry registered a 6.9% decline in 2023 after a 3.5% slowdown in growth in 2022. Growth in 2023 was attributed to the industrial and automotive markets capitalizing on the EV, CASE, and digital transformation efforts. Growth in 2024 (and beyond) will be driven by the technology convergence of connectivity and AI/...

Wide-bandgap (WBG) semiconductors—primarily consisting of silicon carbide (SiC) and gallium nitride (GaN)-based devices—are a sub-set of compound semiconductors. WBG semiconductors are at an early stage of commercialization and exhibit significant growth projections over the next 10 years. For this reason, various integrated device manufacturers (...