Albany, NY -- (SBWIRE) -- 09/07/2017 -- Persistence Market Research offers an eight-year forecast of the global analog IC market in a new report titled "Analog IC Market: Global Industry Analysis and Forecast, 2016-2024." Persistence Market Research has used multiple resources of information and analysis to estimate the global analog IC market revenue. The research methodology to study this market is based on forecasts that focus on both global as well as regional trends in the economy, technology and population, along with company, product, country and demography specific trends. These trends are analyzed thoroughly and underlying factors are also identified. While examining this report, economic, technological, institutional, behavioral and competitive factors have been taken into consideration that may affect the global analog IC market. To understand the market, forecasting models have been developed in order to quantify the impact of each of these factors on industry spending. Analysts have created the forecast scenario for each causative factor and have also identified the contribution of each factor on a prospective basis.

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Apart from annual spending figures, the scenario of each application segment, respective consumer spending and country-wise adoption rates of analog ICs have also been taken into account while inspecting this market for the projected period of 2016-2024. In order to represent the impact of these figures on annual spending, annual averages are used rather than year-end totals while studying the global analog IC market. Figures are estimated in local currencies for each country and then converted to US dollars (US$) using the average 2016 exchange rate, which is held constant for each historical year and forecast year. This means the figures reflect industry trends, rather than being distorted by fluctuations in international exchange rates.

The current scenario of the global analog IC market

Analog remains one of the most diverse and profitable markets in the entire semiconductor industry.

- New platforms and technologies coupled with SoC and analog/mixed-signal integrations will be the next pull-through that moves analog into an exciting and more competitive market

- The impending market change for analog is supported by the demands for medical, energy solutions and LED lighting, in addition to the continued strength of consumer demand for electronics, especially smartphones, notebooks and tablets

- With significant shortages and a lower number of competitors in the market, compared to the broader semiconductor market, analog IC market is poised to undergo significant changes with respect to technologies, competitive landscapes, and increased integration into chip-based solutions

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While considering the product life cycle stages of the global analog IC market, the expert analysts have come up to a conclusion that historically, amplifiers and data converters have been the important quality of analog IC design, with designers specialized in continually improving those blocks for higher precision, higher performance, and better noise immunity. Presently analog IC design also involves the integration of multiple functions focusing towards specific applications. Low power and the more integrated signal chain is the requirement for most end user segments nowadays competing in this market.

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