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TMCNet:  Research and Markets: Global Semiconductor Market 2012-2016: One of the Key Drivers Is the Increasing Sales of Smartphones and Tablets

[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

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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