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Micro Integrated Circuits - MENA

MENA
  • Revenue in the Micro Integrated Circuits market is projected to reach US$231.30m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.09%, resulting in a market volume of US$296.50m by 2029.
  • In global comparison, most revenue will be generated China (US$15.39bn in 2024).
Definition:

Micro integrated circuits are ICs that are manufactured using either metal oxide semiconductor or bipolar metal oxide semiconductor technologies and are intended for digital logic functions. These include microprocessors, microcontrollers, and digital signal processors.


Additional Information:

The Micro 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).

Key players in this market include Intel, AMD, NXP, ST Microelectronics, etc.,

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

In-Scope

  • Microprocessors
  • Microcontrollers
  • Digital signal processors

Out-Of-Scope

  • Non-MOS logic devices
  • Board level modules
Integrated Circuits: market data & analysis - Cover

Market Insights report

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

    Analyst Opinion

    The Micro Integrated Circuits market is expected to grow in the next five years, driven by demand and technological advancements of microprocessors and microcontrollers in various automotive, telecommunication, healthcare, and cloud computing electronics applications. Growing demand for advanced and efficient microcontrollers in advanced driver assistance systems (ADAS) used in automobiles would further support this expectation.

    The selling prices are expected to be stable and possibly increase in case the supply chain disruptions continue to persist due to the current demand for these devices. Overall, the market is expected to go through a cycle of revenue growth due to ongoing economic and market-related problems although growing with a CAGR of more than 3 % in the next five years.

    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.
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