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Integrated Circuits - Eastern Asia

Eastern Asia
  • Revenue in the Integrated Circuits market is projected to reach US$229.70bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.48%, resulting in a market volume of US$378.10bn 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
Integrated Circuits: market data & analysis - Cover

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Integrated Circuits: market data & analysis

Study Details

    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

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Integrated Circuits market in Eastern Asia has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in Eastern Asia have played a crucial role in the growth of the Integrated Circuits market. The region is known for its strong emphasis on technological advancements and innovation. Customers in Eastern Asia have a high demand for electronic devices, such as smartphones, tablets, and wearable technology. As a result, there is a growing need for Integrated Circuits, which are essential components in these devices. Additionally, customers in Eastern Asia prioritize high-quality products that offer advanced features and performance. This has led to an increased demand for Integrated Circuits that can meet these requirements. Trends in the market have also contributed to the growth of the Integrated Circuits market in Eastern Asia. One significant trend is the increasing adoption of Internet of Things (IoT) devices in the region. IoT devices rely heavily on Integrated Circuits to enable connectivity and data processing. As the IoT market continues to expand, the demand for Integrated Circuits in Eastern Asia is expected to grow further. Another trend is the development of artificial intelligence (AI) technology. AI applications require powerful computing capabilities, which can be achieved through advanced Integrated Circuits. As AI becomes more prevalent in various industries, the demand for Integrated Circuits in Eastern Asia is likely to increase. Local special circumstances in Eastern Asia have also played a role in the growth of the Integrated Circuits market. The region is home to several major technology hubs, such as China, South Korea, and Taiwan. These countries have a strong manufacturing base and are known for their expertise in electronics and semiconductor production. The presence of these technology hubs has contributed to the development of a robust supply chain for Integrated Circuits in Eastern Asia. Additionally, the governments in these countries have implemented policies and initiatives to support the growth of the semiconductor industry, further driving the demand for Integrated Circuits. Underlying macroeconomic factors have also influenced the growth of the Integrated Circuits market in Eastern Asia. The region has experienced rapid economic growth in recent years, leading to an increase in disposable income and consumer spending. This has resulted in a higher demand for electronic devices, which in turn drives the demand for Integrated Circuits. Furthermore, Eastern Asia is a major exporter of electronic devices, which contributes to the demand for Integrated Circuits for production purposes. In conclusion, the Integrated Circuits market in Eastern Asia is experiencing significant growth due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The region's emphasis on technological advancements, increasing adoption of IoT and AI technology, the presence of technology hubs, and rapid economic growth have all contributed to the development of the Integrated Circuits market in Eastern Asia.

    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.

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    Integrated Circuits: market data & analysis - BackgroundIntegrated Circuits: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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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.
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