Semiconductor Market is expected to reach $778 Billion by 2026 – An exclusive market research report by Lucintel

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Semiconductor Market is expected to reach $778 Billion by 2026 – An exclusive market research report by Lucintel

September 07
13:26 2021
Semiconductor Market is expected to reach $778 Billion by 2026 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Semiconductor Market
Trends, opportunities and forecast in semiconductor market to 2026 by product (integrated circuit, discrete semiconductor, optoelectronics, and sensor), application (communication, consumer electronics, automotive electronics, pc/computer, industrial and others), by technology (artificial intelligence and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that semiconductor provides attractive opportunities in the communication, consumer electronics, automotive, and industrial sectors. The semiconductor market is expected to reach $778 billion by 2026 with a CAGR of 7.7%. In this market, integrated circuit is the largest segment by device, whereas communication is largest by end use. The development of artificial intelligence based semiconductors and increasing demand for semiconductor in autonomous driving technology provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/semiconductor-market.aspx

Based on device, the semiconductor market is segmented into integrated circuit, discrete semiconductor, optoelectronics, and sensor. The integrated circuit segment is expected to accounted for the largest share of the market in 2020 due increasing demand for memory ICs in smartphones, tablet PCs, and other personal media devices and sensor is to register the highest CAGR during the forecast period, due to the increasing demand for advanced driver assistance system in automotive and growing consumer preference for IoT-enabled devices.

Browse in-depth TOC on “Semiconductor Market”

60 – Tables

98 – Figures

219 – Pages

The semiconductor market is marked by the presence of several big and small players. Some of the prominent players offering semiconductor include Samsung Electronics, Intel, SK Hynix, Qualcomm, Broadcom, Micron, Texas Instrument, Microchip, Stmicroelectronics, and NXP Semiconductors.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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