At a CAGR of 6.6% Mixed Signal IC Market to Reach $149.80 Billion by 2027

Portland, OR United States - June 28, 2021 /MarketersMedia/ —

According to the report published by Allied Market Research, titled, "Mixed Signal IC Market by Type (Mixed Signal SoC, Microcontroller, and Data Converter) and End Use (Consumer Electronics, Medical & Healthcare, Telecommunication, Automotive, and Military & Defense): Global Opportunity Analysis and Industry Forecast, 2020–2027," the global mixed signal IC Market generated $94.10 billion in 2019, and is estimated to reach $149.80 billion by 2027, witnessing a CAGR of 6.6% from 2020 to 2027. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, value chain, competitive landscape, and regional scenario.

Surge in adoption of the 5G technology and need for low power consumption devices drive the growth of the global mixed signal IC market. However, the complex integration process hinders the market growth. On the other hand, rise in applications in the automotive industry present new opportunities in the coming years.

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Leading players of the global mixed signal IC market analyzed in the research include Analog Devices, Cypress Semiconductor Corporation, Broadcom Inc., Ensilica Ltd., Dialog Semiconductor, Renesas Electronics Corporation, NXP Semiconductor, Telephonics Corporation, STMicroelectronics, and Texas Instrument.

Key benefits for stakeholders

This study includes the analytical depiction of the global mixed signal IC market trends and future estimations to determine the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities.
The report is quantitatively analyzed from 2020 to 2027 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of buyers and suppliers in the industry.

The report offers a detailed segmentation of the global mixed signal IC market based on type, end-use industry, and region.

Based on type, the mixed signal SoC segment contributed to nearly four-fifths of the total market share in 2019, and is projected to maintain its lead position during the forecast period. Moreover, this segment is estimated to grow at the fastest CAGR of 6.9% from 2020 to 2027. The report provides a detailed analysis of segments including microcontroller and data converter.

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Based on end-use industry, the consumer electronics segment accounted for more than half of the total revenue of the global mixed signal IC market in 2019, and is estimated to maintain its leadership status by 2027. Moreover, this segment is projected to portray the largest CAGR of 7.1% from 2020 to 2027. The research also analyzes the segments including medical & healthcare, telecommunication, automotive, and military & defense.

Based on region, North America accounted for the highest share in 2019, contributing to nearly two-fifths of total market share, and will maintain its dominant share in terms of revenue during the forecast period. However, Asia-Pacific is expected to manifest the highest CAGR of 7.7% from 2020 to 2027.

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Organization: Allied Market Research
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Release ID: 89031395