Global Mixed Signal IC Market Grows Steadily at a CAGR of 7.1%

Introduction

A compact combination of analog and digital circuits is known as a mixed-signal integrated circuit (IC). They are up to the standards set by the industry, have a long lifespan, and assist customers in bringing new products to market in a more practical manner. Their way of building things incorporates digital and analog circuits into a single integrated circuit. Combining these two factors results in more sophisticated and integrated modern electronic devices. When estimating the market size, opportunities, drivers, and restraints are all considered. The growth of the mixed-signal integrated circuit market is expected to be driven over the forecast period by the increasing adoption of 5G technology and the demand for low-power devices. The design of mixed-signal integrated circuits is challenging, which inhibits market expansion (ICs). The increasing implementation of mixed-signal integrated circuits in automobiles and military and defense equipment should stimulate market growth (mixed-signal IC). The global market for mixed-signal integrated circuits (ICs) is analyzed according to type, end-use industry, and region. The most critical submarkets are the mixed-signal SoC, microcontroller IC, and data converter IC categories.

Market Dynamics

Growing 5G Adoption and Demand for Low-Power Devices Drives the Global Market

5G is being incorporated into high-frequency switching circuits in increasing cases. These kinds of switching circuits are common in mixed-signal integrated circuits. Demand for high-frequency switching circuits is growing due to the proliferation of 5G and other wireless technologies. Losses and distortion are increased as a frequency function, leading to decreased performance. Mixed-signal integrated circuits have the potential to offer the specialized solutions that are required for issues of this nature. Mixed-signal integrated circuits are also utilized in the production of consumer electronics. Integrated circuits can be found in various electronic devices, including mobile phones, led drivers, tablets, notebooks, and more.

As a direct result of technological advances, there is an increasing demand for goods with low overall power consumption. Both analog and digital circuitry are combined into a single integrated circuit to create what is known as a mixed-signal IC. Because mixed-signal integrated circuits are so convenient, analog and digital circuits can now share a single power supply. One of the benefits of this technology is a reduction in the amount of power it requires to operate, and consumer electronics make extensive use of it. Mixed signal integrated circuits significantly contribute to the global market's expansion due to their enhanced performance, compact design, and reduced prices.

Increasing Automotive Applications Creates Tremendous Opportunities

At the beginning of the automotive industry, all that was required was a single sensor and some basic microcontrollers. An explosion in the use of automated driving, advanced driver assistance systems, and infotainment systems have been observed in the automotive industry as a direct result of the rapid advancements that have been made in information and communication technology in recent years. Mixed-signal integrated circuits serve as the connecting tissue that binds all of these individual components together and makes it possible for them to talk to one another. A single mixed-signal integrated circuit is all that is required at this time to gain access to any of these various systems (IC). In the not-too-distant future, it is anticipated that implementing mixed-signal integrated circuits in the aforementioned automotive applications will have a sizeable influence on the expansion of the global market.

Regional Analysis

North America is the highest revenue contributor, growing at a CAGR of 6.2% during the forecast period. The early adoption of new technologies and the dramatic rise in sales of consumer electronic products in North America have been significant contributors to the expansion of the market. The growth of the medical and healthcare industry, as well as the telecommunications sector, contributes to the development of the market.

Asia-Pacific is the second-largest contributor to market accounting and is estimated to reach around USD 61.42 million at a CAGR of 7.6% during the forecast period. The early adoption of new technologies and the dramatic rise in sales of consumer electronic products in North America have been significant contributors to the expansion of the market. The development of the medical and healthcare industry, as well as the telecommunications sector, contribute to the growth of the market.

Key Highlights

• The global mixed signal IC market was valued at USD 106.9 million in 2021. It is expected to reach USD 198.19 million by 2030, growing at a CAGR of 7.1% during the forecast period (2022–2030).
• Based on the Type, the global mixed signal IC market has been categorized into mixed-signal SoC, microcontroller, and data converters. The Mixed-signal SoC segment was the highest contributor to the market, growing at a CAGR of 7.3% during the forecast period.
• Based on the end-user, the global mixed signal IC market has been categorized into consumer electronics, medical & healthcare, telecommunication, automotive, and military and defense. The consumer electronics segment is the highest contributor to the market, growing at a CAGR of 7.5% during the forecast period.
• North America is the highest revenue contributor, growing at a CAGR of 6.2% during the forecast period.

Competitive Players

Competitive Analysis

Key players in the global mixed signal IC market are Analog Devices, Broadcom Inc, Cypress Semiconductor Corporation, Dialog Semiconductor, Ensilica Ltd, NXP Semiconductor, Renesas Electronics Corporation, STMicroelectronics, Telephonics Corporation, and Texas Instruments. 

Recent Developments

Market News

• In May 2022, Broadcom acquired VMware for Approximately $61 Billion in Cash and Stock.

Segmentation

Global Mixed Signal IC Market: Segmentation

By Type

• Mixed Signal SoC
• Microcontroller 27
• Data Converter

By Industry Vertical

• Consumer Electronics
• Medical & Healthcare
• Telecommunication
• Automotive
• Military & Defense

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA