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Global Application Specific IC (ASIC) Market to Grow at a CAGR of 17% by 2021: Driven by Growth of ICs in VR, Drones & Robotics - Research and Markets

DUBLIN, Apr. 26, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Application Specific IC (ASIC) Market 2017-2021" report to their offering.

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The global application specific IC market to grow at a CAGR of 17.01% during the period 2017-2021.

The report, Global Application Specific IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in market is growth prospects in IoT and big data. IoT has garnered the need for interoperability among IoT devices, which has led to the origin of connected devices. Different vendors across the market have to work collectively in an open-source platform to set standards for all the things, to determine the interoperability among IoT devices.

According to the report, one driver in market is declining ASPs of electronic devices. The portable electronic devices such as smartphones, wearable, tablets and laptops become obsolete after a short duration because of the introduction of new features and technologies. Due to this, the consumers are frequently upgrading their electronic devices, resulting in higher demand for these devices. This is driving the demand for ASICs supporting new features and technologies. For instance, the smartphone prices were nearly halved during 2012-2016, further adding to the growth of the market.

Key vendors

  • Analog Devices
  • Infineon Technologies
  • STMicroelectronics
  • Texas Instruments

Other prominent vendors

  • Linear Technology
  • Maxim Integrated
  • NXP Semiconductors
  • ON Semiconductors
  • Renesas Electronics
  • Skyworks Solutions

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by design

PART 07: Market segmentation by product

PART 08: Geographical segmentation

PART 09: Key leading countries

PART 10: Decision framework

PART 11: Drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/gx9g4w/global

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