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Integrated Circuits - APAC

APAC
  • Revenue in the Integrated Circuits market is projected to reach US$320.30bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.81%, resulting in a market volume of US$535.00bn by 2029.
  • In global comparison, most revenue will be generated China (US$148.10bn in 2024).
Definition:

Integrated circuits (ICs) are semiconductors that are fabricated using several interconnected devices. These devices are cost-effective and efficient when compared to the number of discrete devices used to achieve the same functionality.

Structure:

The Integrated Circuits market is divided into four markets depending on their application:

  • The Analog Integrated Circuits market includes ICs that are used to process analog signals.
  • The Logic Integrated Circuits market includes ICs that are used for digital logic functions.
  • The Memory Integrated Circuits market includes ICs that are intended for memory functions.
  • The last market Micro Integrated Circuits includes microprocessors, microcontrollers, and digital signal processors that are intended for performing dedicated functions as per the instructions.

Additional Information:

The Integrated Circuits market comprises revenue and revenue change as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Further definitions of markets can be found on respective pages.

Key players in this market include Intel, Analog Devices, SK Hynix, Qualcomm, Nvidia, etc.,

For more information on the displayed data, use the info button right next to the boxes.

In-Scope

  • General-purpose and application-specific analog ICs
  • Digital Bipolar logic ICs
  • MOS logic devices
  • Microprocessors, Microcontrollers, Digital signal processors
  • MOS memory devices

Out-Of-Scope

  • Discrete device modules
  • Board level modules
Semiconductors

Semiconductors

Related markets:
Integrated Circuits: market data & analysis - Cover

Market Insights report

Integrated Circuits: market data & analysis

Study Details
    methodology

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    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Analyst Opinion

    Integrated circuits contribute a large portion of revenue in the semiconductor market. Growing demand for consumer electronics and automotive electronics will drive the growth of integrated circuits. Following the advancements of the Taiwan Semiconductor Manufacturing Company (TSMC) in less than 5nm size technology nodes, the integrated circuits market will continue to grow in terms of revenue over the next decade despite the cyclical upturns and downturns.

    China will continue to be the largest consumer of integrated circuits as large amounts of consumer electronics products along with parts of industrial and automotive electronics are currently located in the country. Recent efforts by the USA and European countries to improve the share of domestic manufacturing in these sectors would likely only affect this share in the second half of the decade.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

    Technology

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    Semiconductors - statistics & facts

    Governments and companies across the entire semiconductor value chain have had to navigate changing demands, supply chain imbalances, and geopolitical factors in recent times. As a result, action plans and policies have had to be established to safeguard the supply of semiconductors. In 2024, global semiconductor sales surpassed 600 billion U.S. dollars, a jump from the previous year as the industry reaps the rewards from the artificial intelligence (AI) revolution sweeping across the world.
    More data on the topic
    Semiconductor revenue 2024
    611.2bn USD
    Memory semiconductor revenue 2024
    163.2bn USD
    Logic semiconductor revenue 2023
    174.9bn USD

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