Technological Advancements : Global Foundry Service Market Will Grow At A CAGR Of 7.45% During The Period 2017-2020

Albany, New York, June 21, 2017 :
The global foundry service market was valued at $52.5 billion in 2015 and is likely to witness healthy growth during the forecast period, despite being affected by the cyclical nature of the semiconductor industry. The market is likely to be valued at $75.2 billion by 2020, growing at a CAGR of 7.45% during the forecast period.

Technavios analysts forecast the global foundry service market to grow at a CAGR of 7.45% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global foundry service market for 2016-2020. To calculate the market size, the report considers the sale of foundry services to fabless companies.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global Foundry Service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
GlobalFoundries
Samsung Semiconductor
SMIC
UMC
TSMC

Other prominent vendors
Tower Jazz Semiconductor
Vanguard International Semiconductor
Power chip Technology
Shanghai Huahong Grace Semiconductor Manufacturing
Dongbu HiTek
MagnaChip Semiconductor
WIN Semiconductors

Market driver
Rising demand for smartphones
For a full, detailed list, view our report

Market challenge
Inconsistent foreign exchange rates
For a full, detailed list, view our report

Market trend
Increasing adoption of FinFET architecture
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.