Digital Integrated Circuit(IC) Market: by Product (Memory, Micro and Logic), for Consumer Electronics, Automotive, Aerospace and Defense, IT & Telecommunications, and Healthcare among Other End-Users and By Region-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 – 2029.

                                          
Abstract
                    
Integrated circuits that are formed by integrating enormous digital components such as flip-flop, multiplexer, logic gates and other circuitry are termed as digital circuits. They are highly preferred over analog circuits due to low power dissipation, comparatively low manufacturing cost, and high speed of operation. More than 80% of the ICs produced globally are digital ICs.

Adoption and demand of digital ICs is tremendously flourishing worldwide. Currently, most of the electronic products are formed of digital IC due to enormous benefits offered by it. Digital ICs are highly preferred in many consumer electronic products when compared to Analog ICs as it facilitates diversified functions. Global digitization is trending as many governments worldwide are taking surplus relevant initiatives. Furthermore, many business sectors are rapidly opting digital transformation that acts as add on to the market growth and is anticipated to significantly drive the market demand in upcoming years as well. However, limitations of digital ICs such as power dissipation and complicated fabrication process are observed to hinder the market growth to some extent. Moreover high rate of implementation of digital ICs in future application of consumer electronics is anticipated to create enormous opportunities in the market.

Digital Integrated Circuit (IC) market is segmented on the basis of product, end-user, and region. The product segment is majorly classified on the basis of type of digital IC including memory, micro, and logic. The memory segment is further segmented into DRAM, Flash, SRAM, and others. The micro segment includes MPU, MCU, and DSP. The logic segment is further segmented into special purpose logic and standard logic. Logic segment is observed to hold highest share in the segment due to enormous logic gate consumption in consumer electronic devices. Digital ICs are diversely used in numerous end user sectors that are classified into consumer electronics, automotive, aerospace and defense, IT & telecommunications, healthcare and others. Automotive end-user segment is anticipated to remarkably grow in upcoming years. Geographically the market is fragmented majorly into North America, Europe, APAC, Latin America, and Middle East & Africa. After Asia Pacific, Europe is estimated to grow in the forecast period due to flourishing automotive IC segment.

At present adoption of digital integrated circuit (IC) is globally boosting, key players of the market are highly focused on size reduction and enhancement of digital IC. Globally renowned key players of  digital integrated circuit (IC)  are Micron Technology Inc, Samsung Corporation, Qualcomm Incorporated, Intel Corporation, Toshiba Corporation, Taiwan Semiconductor Manufacturing, Texas Instruments Inc, Inc, Maxim Integrated Products Inc,  Integrated Device Technology, Infineon Technologies Ag, Skyworks Solutions, Inc, NXP Semiconductors N.V., Lattice Semiconductor Corporation , STMicroelectronics NV, Analog Devices, Inc.,  Broadcom Ltd, SK Hynix, Inc, Nvidia Corporation and MediaTek Inc among others.

The report segments digital Integrated Circuit(IC) market as follows:

Digital Integrated Circuit(IC) Market: Product Segment Analysis

	Memory
	Micro
	Logic

Digital Integrated Circuit(IC) Market: End-user Segment Analysis

	Consumer Electronics
	Automotive
	Aerospace and Defense
	IT & Telecommunications
	Healthcare
	Others

Digital Integrated Circuit(IC) Market: Regional Segment Analysis

	North America
	
		U.S.
	
	
	Europe
	
		UK
		France
		Germany
	
	
	Asia Pacific
	
		China
		Japan
		India
	
	
	Latin America
	
		Brazil
	
	
	Middle East and Africa