A recent report published by Persistence Market Research projects that, the global market for analog IC products, which was valued at US$ 48.73 billion in 2016, will soar steadily at 6.2% CAGR to reach US$ 79.06 billion by the end of 2024.
Texas Instruments, Inc. is being observed as the largest manufacturer of analog IC products in the world. Along with Infineon Technologies AG, STMicroelectronics NV, Analog Devices Inc., and Skywork Solutions, Inc., these companies will continue ... Read more
In terms of regional growth, global analog IC market will witness utmost dominance from Asia-Pacific (APAC) countries. By the end of 2024, revenue from every other analog IC product that will be sold in the world will be accounted by the APAC region. In the projected period, the APAC analog IC market is anticipated to surpass US$ 40 billion valuation. North America will be the second-most dominant region, but is likely to incur revenue growth at less than 5% CAGR. In 2017 & beyond, Latin ... Read more