Press release
An Overview of 3D ICs Market with major players Taiwan Semiconductor Manufacturing Company, MonolithIC 3D, XILINX, Elpida Memory, Ziptronix etc
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Major Key Companies in the 3D ICs Market are: Key players operating in the global 3D ICs market are Taiwan Semiconductor Manufacturing Company, Ltd., MonolithIC 3D Inc., XILINX, Inc., Elpida Memory, Inc. (Micron Technology, Inc.), The 3M Company, Ziptronix, Inc., STATS ChipPAC Ltd., United Microelectronics Corporation, and Tezzaron Semiconductor Corporation.
Market Opportunities:
1. The advent of big data analytics can present lucrative growth opportunities:
The majority of companies generate a vast amount of data from their business operations. Furthermore, many organizations use government data, external data from social media, and other public sources of data to supplement the internal data. Storage, processing, and transfer of this data are the key challenges faced by these companies.
2. Collaborations among market players can provide business opportunities:
Major companies in the market are focused on collaboration activities, in order to gain a competitive edge and enhance the market presence. For instance, in September 2013, TSMC collaborated with Cadence Design Systems Inc. to manufacture a 3D IC reference flow that facilitates innovative 3D stacking.
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Market Dynamics- Drivers
1. Increasing demand for efficient solutions is expected to drive growth the global 3D ICs market during the forecast period
The high growth of the electronics market has accelerated innovations such as three-dimensional ICs. Since there has been an increase in the trend of mobile, fast, compact, and easy to use of products.
2. Rising adoption of portable devices is expected to propel the global 3D ICs market growth over the forecast period
Since 3D ICs provide enhanced memory bandwidth and reduced power consumption, they are being increasingly used in smartphones and tablets.
Statistics:
APAC held a dominant position in the global 3D ICs market in 2019, accounting for 47.3% share in terms of value, followed by North America, Europe, and RoW respectively.
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