SEMICONDUCTOR MARKET: HIGH CONSUMPTION OF ELECTRONIC DEVICES TO FUEL DEMAND FOR SEMICONDUCTORS


Source: fresnobserver.com fresnobserver.com

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Ruby Arterburn 20 mins ago 0 5 3 minutes read The global semiconductor market size is projected to reach USD 726.73 billion by 2027, exhibiting a CAGR of 4.7% during the forecast period. Increasing smartphone usage will be a key growth factor for this market, finds Fortune Business Insights™ in its report, titled “ Semiconductor Market Size, Share & COVID-19 Impact Analysis, By Components (Memory Devices, Logic Devices, Analog IC, MPU, Discrete Power Devices, MCU, Sensors and Others), By Application (Networking & Communications, Data Processing, Industrial, Consumer Electronics, Automotive, Government) and Regional Forecast, 2020-2027 ”. Greater affordability and improving accessibility...