Learn about the global Integrated Circuits market through The Business Research Company, which provides information on integrated circuits market size, integrated circuits market drivers and restraints, integrated circuits market players, the COVID-19 impact on the integrated circuits market, and more.

The global integrated circuits market size is expected to grow from $330.32 billion in 2021 to $349.76 billion in 2022 at a compound annual growth rate (CAGR) of 5.9%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The integrated circuit market is expected to reach $417.27 billion in 2026 at a CAGR of 4.5%.

The increasing adoption of the Internet of things (IoT) is expected to drive the integrated circuits (ICs) market in the forecast period.

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The integrated circuits market consists of sales of integrated circuits and related services that are used in various applications such as automobiles, telecommunication, aerospace and defense, and consumer electronics. Integrated circuit is a small chip that acts as an amplifier, an oscillator, a timer, and a memory computer. Integrated circuit is a small wafer that can accommodate hundreds to millions of transistors, resistors and capacitors.

Global Integrated Circuits Market Segments Include:
By Product Type: Digital IC, Analog IC, Mixed-Signal IC

By Application: Automotive, Industrial, Consumer Electronics, IT and Telecommunication, Health Care, Aerospace and Defense, Others

By Type: General-Purpose IC, Application-Specific IC

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the integrated circuits market in 2021.

Increased use of next-generation mobile networks, such as 4G and 5G, requires the installation of new infrastructure. Chipsets such as radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are mainly used in the development of 5G infrastructure, which creates a high demand for integrated circuits.

TBRC’s integrated circuits market report covers:

Major Market Players: Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, and Qualcomm.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Integrated Circuits Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides integrated circuits market overviews, analyzes and forecasts market size, share, integrated circuits market players, integrated circuits market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s integrated circuits market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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