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PCIe IC Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
PCIe IC Market SizeThe global market for PCIe IC was valued at US$ 1119 million in the year 2024 and is projected to reach a revised size of US$ 2526 million by 2031, growing at a CAGR of 12.5% during the forecast period.
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Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
By Type
• PCIe Switch IC
• PCIe Signal Enhancement IC
By Application
• Server
• SSD
Key Companies
Broadcom Inc., Microchip Technology, ASMedia Technology Inc., Diodes Incorporated, Texas Instruments, Intel, ON Semiconductor, Semtech, NXP Semicondutors
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