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Moores Law, the internet of things, and 5G are major market drivers for Integrated Circuit Market | Intel Corporation , Qualcomm Technologies, Inc., Toshiba Electronic Devices & Storage Corporation
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Key Drivers
The key drivers of the integrated circuit market are Moores Law, the internet of things, and 5G.
Moores Law states that the number of transistors on a chip doubles every two years. This has led to a continuous increase in the complexity and performance of integrated circuits.
The internet of things is a network of physical devices, vehicles, and home appliances that are connected to the internet and can exchange data.
5G is the next generation of mobile networks, which will offer higher speeds and lower latency.
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Market Segments
The Integrated Circuit Market is segmented by type, application, and region. By type, the market is divided into analog, digital, and hybrid. Based on application, it is bifurcated into automotive, healthcare, industrial automation and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Integrated Circuit Market includes players such as SAMSUNG,Intel Corporation , Qualcomm Technologies, Inc. ,Toshiba Electronic Devices & Storage Corporation, Texas Instruments, AMI Semiconductor, SK Hynix , NVIDIA, Micron Technology, Inc. and Avago Technologies.
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