25 June 2019, Global SerDes market is anticipated to witness an exponential growth in the forecast period. A SerDes implies a trans-receiver integrated circuit (IC), wherein the transmitter section converts serial data to parallel data, and the receiver section converts parallel data to serial data. The factors that propel the growth of the market include increasing acceptance of HPC systems by enterprises and businesses, increasing application in consumer electronics, automotive, data center, and optical fiber communication segments.
On the other hand, there are factors that may hamper the growth of the market including complication beyond 112G SerDes, and high cost. SerDes market is anticipated to expand at a significant CAGR of 9.28% in the upcoming period as the scope, product types, and its applications are increasing across the globe. One trend affecting this market is the rising investment in quantum computing. Quantum computing is a technology that applies the laws of quantum mechanics to computational ability. Growing awareness in quantum computing is a foremost factor driving the growth of the market.
Get Sample Copy of this Report @
Market could be explored by product type, application, distribution channel, and geography. Market by product type could span SerDes IP core and Stand-alone SerDes. The “Stand-Alone SerDes” segment led the SerDes market in 2017 and will continue to lead in the forecast period. The key factor that may be attributed to the growth of the market includes growing acceptance by manufacturers.
The key applications that could be explored in the market include Consumer Electronics, Optical Fiber Communication, Datacenter, and Cloud Computing, Automotive and Others. The market could be explored based on distribution channel as Distributor, and Direct Sales. The “Direct sales” segment led the market in 2017 and will continue to lead in the forecast period.
APAC accounted for the major share of the SerDes market in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include improving economic conditions in developing economies such as India and China and increasing demand from end-user industry.
Some of the key players that fuel the growth of the SerDes market comprise Maxim Integrated, Texas Instruments, NXP, ON Semiconductor, Avago (Broadcom), STMicroelectronics, Cypress, ROHM Semiconductor, Semtech, Intesil (Renesas), Faraday Technology and Vitesse (Microsemi). The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Browse Related Category Market Reports @
Comments