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Semiconductor Fabrication Software Market - The Increasing Advent of Smart Electronic Devices Along with IoT
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The market for semiconductor fabrication software by software type is segmented into software type which includes process control software, IC physical design and verification, fab management software, and computer-aided engineering (CAE) software among others. Computer-aided engineering (CAE) software segment is holding the largest market share in terms of revenue in the semiconductor fabrication software market. Shift from the analog, discrete and logic devices to memory devices owing to growing high growth potential of semiconductor memory devices for example 3D DRAM and 3D NAND is also contributing in the positive development of the fabrication software market globally.
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The growing adoption of FinFET (fin-shaped field effect transistor) architecture is considered to be one of the prime drivers for the growth of global semiconductor fabrication software market. The increasing advent of smart electronic devices along with IoT (Internet of things) is also fueling the market for semiconductor fabrication software. In addition, shift from planar field effect transistor designs to FinFET architecture design is also one of the prime driving factors for the market. Moreover, increasing technological advancement and upgradation in terms of features among digital cameras, tablets, smartphones, PDAs, and PCs are some of the prime diving factors for the market.
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Asia Pacific and North America is holding the highest market share in terms of revenue in semiconductor fabrication software market globally. Increasing number of semiconductor manufacturing hubs is one of the prime factors driving the market across Asia Pacific. In addition, China, Japan, Taiwan and India are contributing a major share in the semiconductor fabrication software market across Asia Pacific. Moreover, The U.S. is leading the market share across North America, followed by Canada and Mexico. In Europe, Germany, U.K., France, Italy are holding a prominent position in the semiconductor fabrication software market. In Latin America, Brazil and Argentina are anticipated to register positive development over the forecast period from 2016 to 2024. Furthermore, UAE and Saudi Arabia are dominating the market across Middle East and Africa.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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