Noida, UP -- (SBWire) -- 02/13/2015 --Global semiconductor market is expected to experience a steady growth driven mainly by the increasing the sales of smart phones, tablets and communication devices. Massive growth demand for camera enabled low cost mobile phones and tablets across the globe accelerated the market as these applications mainly use CMOS image sensors due to their lower power consumption, smaller size, and faster speeds from parallel readout and processing. This will encourage the global semiconductor market in coming years.
According to our latest report "Global Semiconductor Market Outlook 2020", increasing service growth connectivity, mobile software trends have created a huge demand for semiconductors in the mobile and tablet segment. Besides, the transition of to LTE (Long Term Evolution) in the United States, the migration from 2G to 3G technologies in China and other emerging markets and the increasing mix of low-end smart phones versus feature phones will enhance the global semiconductor market growth in coming years.
The report provides a comprehensive analysis and unbiased view of semiconductor market around the globe. It includes the details analysis of semiconductor market by player, region and applications. Further, to provide a comprehensive knowledge on global semiconductor industry performance; a details analysis of global semiconductor by segments, equipments, materials and products are also covered in the report.
Besides, the report provides in-depth country level analysis of semiconductor market in major countries like US, UK, China, Japan, India, Taiwan etc. This study includes the details analysis of the mentioned countries semiconductor market scenario from the year 2012 and future market potentials till 2020.
A competitive landscape of key market players with business overview key financials, strength & weakness are also covered in the report. In addition, the report also analyzed the key developments of players related to semiconductor which enable clients to formulate market strategies and assess the opportunity areas in key geographies, which can help a better understanding of the global semiconductor market.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.
Rising Smartphones, Tablets Sales to Drive the Global Semiconductor Market
The global semiconductor market is expected to grow at a CAGR of more than 4% during 2015-2020, says RNCOS in its latest research report.