Additionally, the lack of innovation and lesser efficiency compared to discrete circuits are predicted to hinder the growth of the worldwide analogue integrated circuit (IC) market. Consequently, the global market for analogue ICs will have a positive outlook during the anticipated period due to the development of new technologies and the rising demand for efficient devices. Additionally, the growing use of analogue ICs in a variety of applications, including healthcare monitoring, LED lighting, collision prevention, and utility in automotive applicatins, is boosting market growth. ……
US Analog Integrated Circuit Market is poised to grow at a sustainable CAGR for the next forecast year.
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The global analog integrated circuit market is segmented based on type, application, and region. In terms of type, the market is segmented into application-specific IC, and general-purpose IC. Based on application, the market is categorized into communication, consumer electronics, automotive, and others. Based on region, the global analog integrated circuit market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.