An application-specific integrated circuit (ASIC) is a kind of integrated circuit that is specially built for a specific application or purpose. Compared to a programmable logic device or a standard logic integrated circuit, an ASIC can improve speed because it is specifically designed to do one thing and it does this one thing well. It can also be made smaller and use less electricity. The disadvantage of this circuit is that it can be more expensive to design and manufacture, particularly if only a few units are needed.
An ASIC can be found in almost any electronic device and its uses can range from custom rendering of images to sound conversion. Because ASICs are all custom-made and thus only available to the company that designed them, they are considered to be proprietary technology.
The emerging technologies such as artificial intelligence also boost the market growth.
The increasing scope of service-oriented architecture is boosting the application development market growth to a large extent. The service-oriented architecture is widely used among organizations. It is involved in web-based applications in which the user can work on multiple implementation platforms.
The Application Specific Integrated Circuit market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Application Specific Integrated Circuit.
This report covers the present status and the future prospects of the global Application Specific Integrated Circuit market for 2015-2026.
The report offers detailed coverage of Application Specific Integrated Circuit industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Application Specific Integrated Circuit by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
International Business Machines Corporation (U.S.), Microsoft Corp. (U.S.), Oracle Corp. (U.S.), SAP SE (Germany), Salesforce.com, Inc. (U.S.), Hewlett Packard Enterprise Company (U.S.), Alphabet Inc. (U.S.), ServiceNow, Inc. (U.S.), CA Technology Inc. (U.S.), Compuware Corp. (U.S.), Fujitsu Ltd (Japan), HCL Tech (India), Red Hat, Inc. (U.S.), Wipro LTD (India), NEC Corp. (Japan)
Market Segment as follows:
Market by Order Type
Full-Custom ASICS
Semi-Custom ASICs
Platform ASICs
Application Specific Integrated Circuit Breakdown Data by Application
IT
Telecommunications
Others
Application Specific Integrated Circuit market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Application Specific Integrated Circuit market for the forecast period 2021 - 2026?
• What are the driving forces in the Application Specific Integrated Circuit market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Application Specific Integrated Circuit industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.