According to a recent market study published by Growth Market Reports titled, "Global SerDes Market by Types, Applications, Enterprise Size, End-Use Industries and Regions: Size, Share, Trends and Opportunity Analysis, 2017-2027", the market was valued at USD 479.5 Million in 2019 and is expected to grow at a healthy growth rate of 8.1% by the year 2027. The global SerDes market is anticipated to grow significantly during forecast period. Growing adoption of SerDes in telecommunication applications and increasing need for designs such as SerDes stems are some of the factors contributing to market growth.

Global SerDes market has been segmented based on by Types, Applications, Enterprise Size, End-Use Industries and Regions. In terms of types, the SerDes market is segmented into standalone SerDes, SerDes ip core, and rad hard SerDes. On the basis applications, the market is segmented into research center, wire & wireless communication, consumer electronics, data center, and others.

Based on enterprise size, the market is categorized as Large Enterprise, and SMEs. On the basis of end use industries, the market is classified into automotive, telecom & it, aerospace, military & defense, manufacturing, healthcare, and others. By regions global SerDes market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA).

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Technological advancements in automotive, consumer electronics and IoT are likely to play a pivotal role in shaping the dynamics of the global SerDes market during the forecast period. Increase in efforts by governments to subsidize semiconductor fabrication in developing countries is driving the market. The complexity of designing SerDes is a major challenge for the growth of the market. Major challenges of designing high-speed SerDes include focusing on clock2 distribution, power consumption, type of packaging, and the parasitic. These challenges are taken into consideration while designing a custom chip. This, in turn, is projected to impede the market.

As per Growth Market Reports industry analyst Akshay Udavant “The spread of COVID-19 has had a negative impact on the SerDes market players on many fronts and outside factors, including a temporary fluctuation in consumer demand and potential effects on the SerDes market from an uncertain economic perspective. Furthermore, the pandemic has affected the supply chain and the readiness of the workforce, both of which can impact production volumes.

In this challenging environment, most companies in various sectors are taking concrete steps. Governments are taking strict measures, which are hampering the overall growth of the market. Companies can make strategic cuts in the number of employees and their pays to meet short and longer-term requirements.”

Key Takeaways from the Study

  • The market in Asia Pacific is expected to grow at a rapid pace owing to rising demand for consumer electronics and increasing applications of SerDes in cameras, mobile phones, computers, and other telecommunication devices for data transmission.
  • The market in Europe is projected to expand in the coming years due to the rise in the production of semiconductors in countries such as Italy, France, and Germany, and growing adoption of technology.
  • North America held a significant share of the market in 2019 owing to increasing demand for fast data connection for download data and streaming HD videos, and effortlessly sharing of huge data, by end-user industries.

Report Scope

Report Metric

Details

Market Value in 2019

USD 479.5 Million

Market Growth Rate (from 2020 to 2027)

8.1%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Market Segments

Types, Applications, Enterprise Size, End-Use Industries, And Regions.

Region Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)

Key Companies Profiled

Alphawave IP, Broadcom Inc., Infineon Technologies AG, Honeywell International Inc., Maxim Integrated, NXP Semiconductors N.V., ON SEMICONDUCTOR CORPORATION, Semtech Corporation, STMicroelectronics N.V., and Texas Instruments Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Demand Side: Automotive, Telecom & IT, Aerospace, Military & Defense, Manufacturing, Healthcare, and Others
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: Semiconductor Industry Association, World Semiconductor Council, Global Semiconductor Alliance, SEMI