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 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 2023USD 805.6 million
Market revenue in 2030USD 1,202.5 million
Growth rate5.9% (CAGR from 2023 to 2030)
Largest segmentSemi-custom asic
Fastest growing segmentSemi-Custom ASIC
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFull Custom ASIC, Semi-Custom ASIC, Programmable ASIC
Key market players worldwideBroadcom 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 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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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.

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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)

South Korea application specific integrated circuit market size, by product, 2017-2030 (US$M)

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