Integrated Circuits - United States

Revenue in the Integrated Circuits market is projected to reach US$73.81bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.87%, resulting in a market volume of US$118.20bn 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.

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

Discrete device modules
Board level modules

The Integrated Circuits market in United States has been experiencing significant growth in recent years. Customer preferences for high-performance and energy-efficient electronic devices have been driving the demand for Integrated Circuits in the country. Additionally, the local special circumstances and underlying macroeconomic factors have also played a crucial role in the development of the market. Customer preferences in the United States have shifted towards electronic devices that offer high performance and energy efficiency. This has led to an increased demand for Integrated Circuits, which are essential components in the production of such devices. Consumers are increasingly looking for smartphones, tablets, and laptops that are faster, more powerful, and consume less energy. As a result, manufacturers are focusing on developing Integrated Circuits that can meet these demands. This customer preference has been a key driver for the growth of the Integrated Circuits market in the United States. Trends in the Integrated Circuits market in the United States also reflect the global market trends. The demand for Integrated Circuits has been driven by the increasing adoption of emerging technologies such as artificial intelligence, Internet of Things, and autonomous vehicles. These technologies require advanced Integrated Circuits to enable their functionalities. As the United States is a leading market for these technologies, the demand for Integrated Circuits has been on the rise. Local special circumstances in the United States have also contributed to the growth of the Integrated Circuits market. The country has a strong ecosystem for innovation and entrepreneurship, which has led to the development of cutting-edge technologies and the emergence of new players in the market. The presence of leading semiconductor companies and research institutions has created a conducive environment for the growth of the Integrated Circuits market. Furthermore, the United States has a large consumer base with high disposable income, which has fueled the demand for electronic devices and subsequently the demand for Integrated Circuits. Underlying macroeconomic factors have also played a role in the development of the Integrated Circuits market in the United States. The country has a stable and robust economy, which has provided a favorable environment for businesses to grow. Additionally, the government has implemented policies to support the development of the semiconductor industry, including tax incentives and research grants. These factors have attracted investments and fostered innovation in the Integrated Circuits market. In conclusion, the Integrated Circuits market in the United States has experienced significant growth due to customer preferences for high-performance and energy-efficient electronic devices, global trends in emerging technologies, local special circumstances such as a strong innovation ecosystem and a large consumer base, and underlying macroeconomic factors including a stable economy and government support. These factors have contributed to the development of a thriving market for Integrated Circuits in the United States.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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.