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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 (...

This study discusses the opportunities of semiconductors in wearable devices and their impact on the industry till 2022. It provides the recent trends in the market, with significant proliferation of wearable devices, and the future of the semiconductors market, as well as technological trends. The wearable devices market is likely to record a mass...

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/...