What is IC Design Service Market?
IC design stands for Integrated Circuit Design it is also called VLSI design. It is a process of transforming the structural description of the logic circuitry into a detailed physical layout. IC technology has made it possible to produce chips with several millions of transistors. It helps to create an integrated circuit that meets the needs of projects. It involves fitting amplifiers, transistors, capacitors, resistors, and other components into a single part that manufacturers can install onto a larger circuit board.
The market study is being classified by Type (Digital Design, Custom Design and FPGA-based Design), by Application (5G, Automobile, IoT and Others) and major geographies with country level break-up.
Broadcom (United States), Qualcomm (United States), NVIDIA (United States), MediaTek (Taiwan), Advanced Micro Devices (United States), Xilinx (United States), Marvell Technology, Inc. (United States), Novatek (Russia), Realtek (Taiwan) and Dialog (Sri Lanka) are some of the key players profiled in the study.
Global IC Design Service is a fragmented market due to the presence of various players. The players are investing more in mergers and acquisitions to enhance their market presence. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Analyst at AMA have segmented the market study of Global IC Design Service market by Type, Application and Region.
On the basis of geography, the market of IC Design Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Application of IC Design Service to Increase Operating Speed
- IC Design Service Offers Great Ability to operate at Extremely Temperatures
- Growing Digitalization over the Globe
- IC Design Service unable to Dissipate a Large Amount of Power
- Increasing Implementation of IC Design Service can create Opportunities for the Market
Market Leaders and some development strategies
On 13th January 2021, Qualcomm announced that its subsidiary, Qualcomm Technologies, Inc., has entered into a definitive agreement to acquire NUVIA. The combination is subject to expected closing conditions, including regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The acquisition builds on Qualcomm Technologies Snapdragon technology leadership, delivering step-function improvements in CPU performance and power efficiency to meet the demands of next-generation 5G computing.
In 2020, Marvell Technology, Inc. has announced to launch of ‘ASICs As A Service’. The service will likely address the same verticals of Marvell’s current business, including Automotive, 5G, Enterprise Networking, Aerospace, and Cloud Data Centers.
Key Target AudienceIC Design Service Providers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the IC Design Service Market?
"Increasing Application of IC Design Service to Increase Operating Speed
" is seen as one of major growth factors of IC Design Service Market in years to come.
2. Can we have customized study for IC Design Service Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global IC Design Service Market?
will lead IC Design Service Market in coming years.