Integrated circuits, silicon chips, and microprocessors have always formed the keystone of electronics and continue to develop and enable today's high-speed computers and mobile devices. Every consumer electronics company has been pushing to benefit from the several features of circuits and chips, including reduced weight, small size, high reliability, reduced cost, easy replacement, and low power requirement. Conceptually, the applications of circuits and chips can go as far as the innovation and imagination of the designers, yet they are still somewhat restrained by the limitations pertaining to miniaturization and issues such as heat dissipation versus compression of chip sizes.
The proliferation of smartphones is a key driving force for the integrated circuit market, where increasing competition and developments in smartphone design and technology as well as in integrated circuits have inspired market players to expand their capabilities in this field. The introduction of wearable electronics, smart textiles, and the advances in chip-building using 3D printing also serve as strong growth opportunities.
Persistence Market Research's team of technology analysts offer clients a clear and concise perspective on the significant dynamics that have been shaping the semiconductors, consumer electronics, and integrated circuits markets.