Market Research Report on Global Interface Bridge ICs Market 2019-2025 with key players profiles, size, share, trends and regional demand with sales channels.
Los Angeles, CA -- (SBWIRE) -- 12/03/2019 -- Interface bridge IC's have been rising in popularity as they are increasingly incorporated in various applications such as communications, industrial, healthcare, automobile, and others. QY Research has recently published a report titled, "Global Interface Bridge ICs Market Insights, Forecast to 2025", predicting the market growth during the forecast period.
The global interface bridge ICs market was worth US$ 355.37 mn in 2018 and is projected to reach US$ 514.40 mn by the end of 2025, registering a CAGR of 5.43% during the forecast weather.
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USB Interface IC to Augment the Growth Owing to its Widespread Popularity
Interface bridges consist of description of functions that are shared across separate boundaries of two or more components of a computer system. These are rising in demand as they are used for exchange between peripheral devices, computer hardware, software, and combination of these. Some hardware can both receive and send data with the help of interface such as touchscreen. The hardware and software interface functions on logical, mechanical, and electrical operating system and interact via data pipelines, streams, and filters. Therefore, they are considerably rising in demand.
Healthcare Segment to Flourish as the Industry Requires Multiple System for Operations
The global market is segmented into type and application. The application segment is split into automobile, consumer electronic, healthcare, industrial, communication, and others. The type segment is divided into SATA Interface IC, PCI/PCIe Interface IC, USB Interface IC, and others.
The healthcare segment is likely to rise in demand during the forecast period as the healthcare organizations have different technologies such as business applications, pharmacy automation, staff management systems, EMRs, and a host of others that are used by billing offices, administrative staff, clinicians, and others.
Research and Development Activities will Boost North America Market
The North America region is expected to augment in the global market as this region is witnessing rise of big manufacturers and entry of small players. The competition is this region is also expected to rise. Government bodies are spending on research and development activities along with investment in infrastructure which is likely to boost the market.
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The key players operating in the global interface bridge ICs market are Holtek, ASIX, Inition Corporation, Broadcom, Maxlinear, Cypress, ASMedia Technology, TI, Silicon Motion, NXP, Toshiba, Microchip, Fujitsu, JMicron Technology, Silicon Labs, and FTDI.
Toshiba is providing high speed data rates to baseband and application processors such as MIPI, HDMI, LVDS, and DisplayPort with its interface bridge called MPDs (Mobile Peripheral Devices). These MPDs can bridge between peripheral and main processors with various interfaces and transfer data at high speed. It also provides extensive peripheral portfolio including SC card controllers and IO expanders.