|[February 12, 2014]
Research and Markets: Global Semiconductor Market 2012-2016: One of the Key Drivers Is the Increasing Sales of Smartphones and Tablets
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/cf8bdm/global)
has announced the addition of the "Global
Semiconductor Market 2012-2016" report to their offering.
The analysts forecast the Global Semiconductor market to grow at a CAGR
of 4.07 percent over the period 2012-2016. One of the key factors
contributing to this market growth is the increasing adoption of
smartphones and tablets. Technological convergence is a trend being
witnessed in the Global Semiconductor market. However, the global
economic slowdown could pose a challenge to the growth of this market.
The key vendors dominating this space include Intel Corp., Qualcomm (News - Alert)
Inc., Samsung Electronics Corp. Ltd., and Texas Instruments Inc.
The other vendors mentioned in this report are Broadcom Corp., Renesas
Electronics Corp., SK Hynix Inc., STMicroelectronics, and Toshiba (News - Alert) Corp.
Commenting on the report, an analyst from the team said: Multiple
features on a single platform have become an emerging trend in the era
of technological advancement. Semiconductor consuming industries
including Automotive Semiconductor, Wireless Communication
Semiconductor, Consumer Electronics Semiconductor, and Others are
demanding devices with multiple features on a single platform. Rapid
growth of the mobile applications has given a boost to the combine usage
of digital signal processor and microprocessor. Thus, technological
convergence is expected to have a positive influence on the growth of
the Global Semiconductor market.
According to the report, one of the key drivers is the increasing sales
of smartphones and tablets. The decrease in the average price of the
smartphones and tablets has accelerated the growth of these devices in
both emerging and developed markets.
Further, the report states that one of the key challenges in the market
is the global economic slowdown, and the growth of the Semiconductor
segment is dependent on the growth of the global economy. . In the last
two years, the growth of the Consumer Electronics segment has slowed
down, because of the several factors such as sluggish recovery in the
US, earthquake and tsunami in Japan, and Eurozone debt crisis. These
factors negatively affected the Global Semiconductor market.
The report also includes a discussion of the other vendors operating in
this market. The other vendors in the market are Broadcom (News - Alert) Corp., Renesas
Electronics Corp., SK Hynix Inc., STMicroelectronics, and Toshiba Corp.
For more information visit http://www.researchandmarkets.com/research/cf8bdm/global
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