TechNavio, the independent London-based global research firm, shared its research findings from its latest report on the Global Analog IC Market, which finds communications sector as the leading end-user segment in this market. The analysis is for the forecast period 2014-2018.
Driven by the influx of various smart devices over the last few years, communications sector was the highest contributor to the demand for analog ICs in 2013. Manufacturers in this sector are trying to ensure that they bring the latest technology into their products. This technological advancement strategy undertaken by manufacturers will ensure that the demand for analog ICs in the segment will remain high during the forecast period. Currently, the demand for communication devices is high in developed nations. Moving forward, many developing nations, especially Brazil, Russia, India, and China will be witnessing a huge demand for communication devices. The anticipated decrease in the ASPs of these devices will fuel the growth of the sector in these countries, creating a high demand for analog ICs during and after the forecast period.
Some of the other end-user segments in this market include Consumer Electronics Sector, Automotive Sector, Computer Sector, Industrial Sector and others.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
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TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Analog IC Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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