Semiconductor and electronics industry has been relentless in improving profitability margins in its largely cyclical nature. Electronics manufacturers, chipmakers, and fabless chip companies all increasingly focusing on reducing time-to-market and chip development costs to this end. The most significant trend in various semiconductor and electronics market has come visibly from rapid adoption of big data and predictive analytics, notably by chip and device manufacturers. For instance, semiconductor and electronics manufactures use big data to accelerate the design of new semiconductor equipment with speed and efficiency. Players in several semiconductor markets have been eager to leverage potential of silicon and services, and a few are taking an early leap to harness the trend of silicon-to-services.
Fresh revenue streams to the overall semiconductor and electronics industry are expected to come from numerous industry verticals, most notable of which is internet of things (IoT). IoT will fuel sensor-based automation advancing the scope of semiconductor and electronics. As IoT will make considerable insights, evident in IoT install base, security will emerge as a significant concern for device manufacturers. This will see the advent of new business models, such as platform-as-a-service for end-to-end IoT security.
Apart from aforementioned broad drivers, there will be some specific growth factors. Increasing pace of vehicle electrification world over and the inroads made by automated vehicles in consumer markets are opening new revenue streams. This has also expanded the avenue for semiconductor companies. This will see new strategic moves, most notably mergers and acquisitions. Our reports are prepared with extensive quantitative and qualitative methods to delve into the dynamics of the semiconductor and electronics markets. Our assessments include PESTEL and SWOT analysis, and shed light on the directions of innovations and notable shifts in the value chain in semiconductor and electronics.