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Digital IC Market 2023 To Garner Exponential Growth : Global Forecast News

January 14, 2020 by Market-NewsFlash  

Global Digital IC Market Research Report: By Component (Memory (DRAM, Flash, SRAM, EPROM and others), Microprocessor, Microcontroller, Digital Signal Processing System and others), Raw Material (Silicon, Gallium Arsenide and others), End User (Automotive, Industrial Consumer Electronics, Communication and others) and Region - Forecast till 2023

Digital IC Market



The integrated circuit is an electronic circuit array that is formed by fabrication of different electrical and electronic components like resistors, capacitors, transistors and others on a semiconductor wafer that performs operations equivalent to a large discrete electronic circuit.

The integrate circuit that operates only at a few defined levels of signal amplitude are the digital ICs. These digital ICs are designed by using multiple number of digital logic gates, multiplexers, flip flops and other electronic components of circuits. There are different types of digital ICs such as power ICs, interface ICs, logic ICs, Memory ICs among others.

The digital IC market is growing rapidly. High development in the field of technology and heavy investment in the development of new product by the key players is driving the global market whereas the major challenge identified in the market is miniaturization of electronic devices. For the purpose of this study, the global digital IC market has been segmented on the basis of component, Raw Material, End-User and region.

The global Digital IC market is expected to grow at USD 387.82 million by the end of year 2023 with 7.64% CAGR during forecast period 2017-2023.

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Digital IC Market by Share, Size, Growth and Forecast – 2023 | MRFR

Digital IC Market is likely to grow at USD 387.82 billion by 2023, at a CAGR of 7.64% over 2023,…

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The prominent players in the market of Digital IC market are – Samsung Corporation (South Korea), Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), Toshiba Corporation (Japan), Taiwan Semiconductor Manufacturing (Taiwan), Texas Instruments Inc (U.S.), Integrated Device Technology, Inc (U.S.), Maxim Integrated Products Inc (U.S.),Infineon Technologies Ag (Germany), Skyworks Solutions, Inc (U.S.), Lattice Semiconductor Corporation (U.S.), NXP Semiconductors N.V. (Netehrlands), Analog Devices, Inc.(U.S.), STMicroelectronics NV (Switzerland) , Broadcom Ltd (U.S.), SK Hynix, Inc (South Korea), Micron Technology Inc (U.S.), MediaTek Inc (Taiwan), and Nvidia Corporation (U.S.) among others.

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