TechNavio recognizes the following companies as the key players in the Global Semiconductor Market: Intel Corp., Samsung Electronics Corp. Ltd, Qualcomm Inc., and Texas Instruments Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Multiple features on a single platform have become an emerging trend in the era of technological advancement. Semiconductor consuming industries including Automotive Semiconductor, Wireless Communication Semiconductor, Consumer Electronics Semiconductor, and Others are demanding devices with multiple features on a single platform. Rapid growth of the mobile applications has given a boost to the combine usage of digital signal processor and microprocessor. Thus, technological convergence is expected to have a positive influence on the growth of the Global Semiconductor market.”
According to the report, one of the key drivers is the increasing sales of smartphones and tablets. The decrease in the average price of the smartphones and tablets has accelerated the growth of these devices in both emerging and developed markets.
Further, the report states that one of the key challenges in the market is the global economic slowdown, and the growth of the Semiconductor segment is dependent on the growth of the global economy. . In the last two years, the growth of the Consumer Electronics segment has slowed down, because of the several factors such as sluggish recovery in the US, earthquake and tsunami in Japan, and Eurozone debt crisis. These factors negatively affected the Global Semiconductor market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Broadcom Corp., Renesas Electronics Corp., SK Hynix Inc., STMicroelectronics, and Toshiba Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-semiconductor-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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