Lucintel's latest market report analyzed that semiconductor analog provides attractive opportunities in the consumer electronic, IT & communication, automotive, and manufacturing industries. The semiconductor analog market is expected to reach $82.6 billion by 2028 with a CAGR of 6.0%. In this market, general purpose IC is the largest segment by type, whereas automotive is largest by end use industry.
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Based on type, the semiconductor analog market is segmented into general purpose IC and application specific. The general purpose IC segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing demand for enhanced battery efficiency of smartphones and optimal power utilization in the 5G cellular networks.
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The Semiconductor Analog Market is marked by the presence of several big and small players. Some of the prominent players offering semiconductor analog include Texas Instruments, Qualcomm Technologies, STMicroelectronics, Skyworks Solutions, Infineon Technologies, NXP Semiconductors, On Semiconductor, Microchip Technology, and Intel Corporation.
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