Market Size of Global Computer and Peripherals Special Purpose Logic IC Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 6.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Computer & Peripherals Special Purpose Logic Ic Market Analysis
The Computer and Peripherals Special Purpose Logic Market is expected to witness growth of about 6% CAGR over the forecast period (2022- 2027). The COVID-19 pandemic negatively impacted market growth in 2020. A pandemic can be attributed to the slowdown in supply chains and manufacturing processes worldwide. The post-pandemic world, as several industries revive, the demand for semiconductors spikes, in turn accelerating the Computer and Peripherals Special Purpose logic IC market.
- The electronics industry is increasingly demanding the special-purpose logic ICs over the circuits such as MCU, MPU, and DSPs. These highly integrated chips are considered semi-standard products in volume production. Advanced features and support to the advanced technologies are boosting the adoption of the special purpose logic ICs mainly from Computer and Peripherals electronics, which is propelling the growth of the global computer and peripherals special purpose logic IC market.
- The surge in digitization in educational institutions is one of the key factors driving the PC peripherals market growth. To simplify teaching and learning processes and attain academic excellence, educational institutions worldwide are changing and implementing digitalization. Students and instructors now have better access to materials because of digitalization. For instance, Students can access study materials from their Computers. As a result, the increased demand for computers and peripherals in the education sector would positively influence the market for Computer and peripherals special purpose logic Ic throughout the forecast period. Many institutions are also implementing virtual learning methods and offering online courses, allowing students to learn at their own pace.
- Manufacturers increasingly focus on developing devices that minimize power consumption while offering the needed performance in a small package. During the forecast period, the increased focus on device integration is expected to boost the Computer and Peripheral Special Purpose Logic IC market.
- The availability of counterfeit products in local physical stores and e-commerce platforms is a problem for major consumer electronics manufacturers throughout the world. Many price-conscious end consumers purchase such items because they are inexpensive and appealing. The rising popularity of counterfeit smart and portable Bluetooth speakers and their simple availability are projected to increase price competitiveness in the industry. Counterfeit accessories can also be found at a variety of online retail stores.
Computer & Peripherals Special Purpose Logic Ic Industry Segmentation
Special purpose logic is generally categorized in the MOS Logic devices. The electronics industry is increasingly demanding the special-purpose logic ICs over the circuits such as MCU, MPU, and DSPs. These highly integrated chips are considered semi-standard products in volume production.
The study covers Computer and Peripherals Special Purpose Logic Ic Market in various geographical regions.
Geography | |
North America | |
Europe | |
Asia-Pacific | |
China | |
Japan | |
South Korea | |
Rest of Asia Pacific | |
Rest of the World |
Global Computer and Peripherals Special Purpose Logic IC Market Size Summary
The global Computer and Peripherals Special Purpose Logic IC market is poised for significant growth, driven by the increasing demand for semiconductors as industries recover from the COVID-19 pandemic. The electronics sector is increasingly favoring special-purpose logic ICs over traditional circuits like MCUs, MPUs, and DSPs, due to their advanced features and integration capabilities. This trend is particularly evident in the computer and peripherals segment, where the adoption of these ICs is being propelled by the surge in digitization within educational institutions. The shift towards digital learning and virtual classrooms has heightened the demand for computers and peripherals, thereby positively impacting the market. Additionally, manufacturers are focusing on developing energy-efficient devices with high performance in compact designs, further boosting market growth.
The market landscape is characterized by strategic partnerships and acquisitions, which are enabling vendors to enhance their market presence and technological capabilities. Notable collaborations, such as those between Toshiba Memory Corp. and Western Digital Corp., and BluPeak with Dicker Data, are aimed at expanding market reach and fostering joint development initiatives. The Asia-Pacific region, particularly China, Japan, and South Korea, is expected to experience rapid market expansion due to increased PC shipments driven by both consumer and commercial demand. However, the market faces challenges from the prevalence of counterfeit products, which pose a threat to major consumer electronics manufacturers by increasing price competitiveness. Despite these challenges, the market remains fragmented with several key players, including Intel Corporation, NXP Semiconductors, and Texas Instruments, focusing on partnerships and innovative product launches to maintain their competitive edge.
Global Computer and Peripherals Special Purpose Logic IC Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Force Analysis
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1.2.1 Threat of New Entrants
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1.2.2 Bargaining Power of Consumers
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1.2.3 Bargaining Power of Suppliers
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Supply Chain Analysis
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1.4 Assessment of the Impact of COVID -19 on the Market
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.2 Europe
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2.1.3 Asia-Pacific
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2.1.4 China
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2.1.5 Japan
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2.1.6 South Korea
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2.1.7 Rest of Asia Pacific
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2.1.8 Rest of the World
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Global Computer and Peripherals Special Purpose Logic IC Market Size FAQs
What is the current Global Computer and Peripherals Special Purpose Logic IC Market size?
The Global Computer and Peripherals Special Purpose Logic IC Market is projected to register a CAGR of less than 6% during the forecast period (2024-2029)
Who are the key players in Global Computer and Peripherals Special Purpose Logic IC Market?
Intel Corporation, NXP Semiconductors, Advanced Micro Devices, Inc, Texas Instruments Incorporated and Trenz Electronics are the major companies operating in the Global Computer and Peripherals Special Purpose Logic IC Market.