The special purpose logic market is projected to grow at a CAGR of 3.25% to reach US$93.628 billion by 2024, from US$77.283 billion in 2018. The manufacturers are increasingly focusing on manufacturing devices that optimize power consumption, while, simultaneously delivering the desired performance with a compact design. Thus, the growing focus on integration of devices is anticipated to drive the special purpose logic market during the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the special purpose logic value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the special purpose logic market.
Major industry players profiled as part of the report are NXP Semiconductors, Intel Corporation, STMicroelectroincs, and Broadcom, Inc, among others.
The special purpose logic market has been analyzed through following segments:
By Industry Vertical
Europe Middle East and Africa
Key insights offered
What will be the special purpose logic market size from 2018 to 2024?
How are the major drivers and restraints affecting the special purpose logic market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.