in its newly published report, Market Research Future (MRFR), states that the global next generation integrated circuit market 2020 is booming and poised to expand exponentially over the review period, reaching a substantial market valuation of approximately USD 1,637 Million by 2023, at 27% of CAGR and a healthy CAGR in the forecast period (between 2017 and 2023).

Segmental Analysis

The next-generation integrated circuit market has been segmented on the basis of technology, component, type of integration next-generation and vertical. The technology segment is bifurcated into analog and digital. Among these, Digital integrated circuits simply deal with logic data inputs and outputs and are more popular than analog integrated circuits. Analog integrated circuits need external components for its functioning; due to this, digital integrated circuits are more popular and hold the maximum market share in the Next Generation IC Market. The type of integration segment is further bifurcated into hybrid, monolithic and module. hybrid and module integration techniques account for the largest market share whereas, in the future, the monolithic integration technique is expected to show significant growth potential during the forecast period. Monolithic integration techniques offer a reduction in the size of the device, weight and power too.

Competitive Analysis

The leading market players operating in the global next-generation IC market as identified by MRFR, NXP Semiconductor (U.S.), Intel Corporation (U.S.), Texas Instruments (U.S.), ON Semiconductors (U.S.), Boeing (U.S.), Analog Devices (U.S.), Qualcomm (U.S.), Atmel Corporation (U.S.), STMicroelectronics (U.S.), NEC Corporation (Japan) and others

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