Reportstack has announced a new market research publication on 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, 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.
To view the table of contents and know more details please visit Communications Sector is the Leading End-user segment of the Global Analog IC Market report.
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