The global semiconductor industry is set to continue its robust growth well into the next decade due to emerging technologies such as artificial intelligence (AI), 5G, and Internet of Things (IoT). The rising demand for System-on- Chip (SoC) around the globe is one of the primary drivers propelling this wave.
The worldwide system-on-chip market size reached $163.8 billion in 2022. Looking ahead, the market is estimated to reach $260.0 billion by 2028, growing at a 7.83 percent CAGR between 2023 and 2028. With increased demand for SoCs in the consumer electronics and IT and telecommunications industries, Asia Pacific is expected to account for a significant percentage of the global system-on-chip market.
Among many trends steering the industry forward, artificial intelligence (AI) chip technology in consumer and enterprise devices is offering lucrative growth opportunities to manufacturers. Manufacturers of semiconductor chips capable of meeting the demands of both AI and IoT will undoubtedly emerge at the top of future markets.
To put the spotlight on other key developments in the industry, Semiconductor Review APAC illustrates how major system-on-chip providers are pouring in efforts to tap into prominent applications. This edition includes thought-provoking insights from Basim Noori, VP of Research & Development (RF), Wolfspeed [NYSE: WOLF]; who lay emphasis on Silicon Carbide to usher in a new era of energy efficiency across industries. This edition also features articles from Ivan Farias, Senior Director at Creston Electronics Inc.; and Kristof Beets, Vice President of Technology Insights at Imagination Technologies, who shed light on test and quality technologies and the benefits of an IP-first approach in the ever-changing semiconductor industry.
In this edition of Semiconductor Review APAC, we also bring to you the story of Asicland, a leading design house in the ASIC industry, that’s redefining semiconductor designing using automation with its one-stop turnkey services in semiconductor design and System-on-Chip development.
Through the following pages, we aim to shine a light on the latest developments implemented by IP-centric, fabless companies in the semiconductor industry.
We would like to know your thoughts.