South Korea Application Specific Integrated Circuit Market Size & Outlook
The application specific integrated circuit market in South Korea is expected to reach a projected revenue of US$ 1,202.5 million by 2030. A compound annual growth rate of 5.9% is expected of South Korea application specific integrated circuit market from 2024 to 2030.
Revenue, 2023 (US$M)
$805.6
Forecast, 2030 (US$M)
$1,202.5
CAGR, 2024 - 2030
5.9%
Report Coverage
South Korea
South Korea application specific integrated circuit market, 2017-2030 (US$M)
Related Markets
South Korea application specific integrated circuit market highlights
- The South Korea application specific integrated circuit market generated a revenue of USD 805.6 million in 2023 and is expected to reach USD 1,202.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, semi-custom asic was the largest revenue generating product in 2023.
- Semi-Custom ASIC is the most lucrative product segment registering the fastest growth during the forecast period.
Application specific integrated circuit market data book summary
| Market revenue in 2023 | USD 805.6 million |
| Market revenue in 2030 | USD 1,202.5 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Semi-custom asic |
| Fastest growing segment | Semi-Custom ASIC |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Full Custom ASIC, Semi-Custom ASIC, Programmable ASIC |
| Key market players worldwide | Broadcom Inc, STMicroelectronics NV, Faraday Technology Corp, Fujitsu Ltd, Infineon Technologies AG, Intel Corp, Seiko Epson Corp, Comport, OmniVision Technologies, ASIX Electronics Corporation, Beijing DWIN Technology Co., Tekmos Communications |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.8% of the global application specific integrated circuit market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China application specific integrated circuit market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,217.7 million by 2030.
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Application Specific Integrated Circuit Market Scope
Application specific integrated circuit market segmentation & scope
Application Specific Integrated Circuit Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea application specific integrated circuit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to application specific integrated circuit market will help companies and investors design strategic landscapes.
Semi-custom asic was the largest segment with a revenue share of 54.83% in 2023. Horizon Databook has segmented the South Korea application specific integrated circuit market based on full custom asic, semi-custom asic, programmable asic covering the revenue growth of each sub-segment from 2017 to 2030.
- South Korea Application Specific Integrated Circuit Product Outlook (Revenue, USD Million, 2017-2030)
- Full Custom ASIC
- Semi-Custom ASIC
- Cell Based
- Array Based
- Programmable ASIC
- South Korea Application Specific Integrated Circuit Application Outlook (Revenue, USD Million, 2017-2030)
- Telecommunication
- Industrial
- Automotive
- Consumer Electronics
- Others
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Our clientele includes a mix of application specific integrated circuit market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea application specific integrated circuit market , including forecasts for subscribers. This country databook contains high-level insights into South Korea application specific integrated circuit market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea application specific integrated circuit market size, by product, 2017-2030 (US$M)
South Korea Application Specific Integrated Circuit Market Outlook Share, 2023 & 2030 (US$M)
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