Global SerDes Market by Types (Stand Alone SerDes, SerDes IP Core, and Rad Hard SerDes), Applications (Research Center, Wire & Wireless Communication, Consumer Electronics, Data Center, and Others), Enterprise Size (Large Enterprise, SMEs), End-use Industries (Automotive, Telecom & IT, Aerospace, Military & Defense, Manufacturing, Healthcare, and Others), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020-2027
SerDes Market Outlook
The global SerDes market was valued at USD 479.5 Million in 2019 and is projected to reach USD 880.4 Million by 2027, expanding at a CAGR of 8.1% during the forecast period.
The market is driven by factors such as increasing need for designs such as SerDes stems, rising awareness regarding the advantages and benefits of SerDes, growing adoption of SerDes in telecommunication applications, cloud computing drives changes in network chip architectures. Conversely, designing the SerDes is a major challenge.
SerDes Market Dynamics
SerDes enables the conversion of parallel data into serial data, which allows designers to increase the speed of data communication without the need to increase the pin count. It represents the perfect convergence of analog precision and analog circuitry. SerDes is employed by large data centers for efficient storage and management of data. Increasing amount of parallel processing facilitated by large data centers is expected boost the need for SerDes. Thus, in turn, is propelling the market.
Growing adoption of smartphones across the globe is majorly attributed to the rise in the use of Internet and improvements in Internet speed for high-speed communication. Additionally, the ease of accessibility associated with smartphones has propelled the usage of smartphones. This has influenced various semiconductor companies to develop optimized applications that can be used in smartphones.
SerDes technology is constantly evolving. Its limits extend far beyond that of optical or networking circuits. SerDes are used in several telecommunication and consumer electronic devices such as laptops, televisions, and smartphones. The use of SerDes improves functionality and expands its applications in a variety of electronic devices. This, in turn, is propelling the market.
Designing is a key challenge in SerDes. Design parameters for a SerDes includes volumes of data, the number of devices accessing the internet, and the onset of growing cloud access increase complexity. Moreover, 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.
Increasing technological and automation investments are demanding for high-speed efficient networks. Technologies addressing these needs, include asset monitoring, security, and transportation. These, in turn, are driving the demand for next-generation communication technology such as 4G, 5G, wireless sensors network (WSN), and li-fi.
The next-generation communication technologies refer to convergence infrastructure capable of offering a multitude of services, such as data, video, and voice, at a higher speed than conventional communication technologies. Major players operating in the market are expected to create lucrative opportunities, as the adoption of next-generation communication technologies such as 4G and 5G gain momentum.
SerDes Market Segmental Outlook
By Type Segment
In terms of types, the SerDes market is segmented into standalone SerDes, SerDes ip core, and rad hard SerDes. The SerDes ip core segment dominated the market with a share of 80.9% in 2020. This growth may be attributed to the increasing demand for high bandwidth and low latency data transmission in various applications. The rad hard segment is anticipated to expand at a CAGR of 8.5% during the forecast period.
Radiation-hardened electronics, are electronic components that include circuits, transistors, diodes, resistors, and capacitors; single-board computer CPUs; and sensors designed to be less susceptible to damage from exposure to extreme temperature and radiation. Rad-Hard SerDes are used in high-speed communications in space and military applications. Thus, contributing to a propelling the segment.
By Applications Segment
On the basis applications, the market is segmented into research center, wire & wireless communication, consumer electronics, data center, and others. Rising demand for high bandwidth for high-speed data transmission is expected to drive the demand for SerDes in research centers and data centers. The Consumer electronics segment is anticipated to grow at a CAGR of 8.8%.
The bandwidth requirement for consumer electronics to transfer data has increased, and new protocols have been implemented to develop and meet the demand for high bandwidth requirement. Initially, the emergence of 5Gbps data rate has its limitation in copper wire-based cables as poor bandwidth and distance of transmission.
These wires were replaced by optical fibers to provide high bandwidth signals over long distances. Rise in bandwidth requirements have led to the establishment of new protocols to cater to the surging demand for data and video transfers through consumer electronics. This, in turn is anticipated to drive the segment.
By Enterprise Size Segment
Based on enterprise size, the market is categorized as Large Enterprise, and SMEs. The large enterprise segment is anticipated to grow at a significant CAGR owing to continuous increase in number of projects run by large enterprises, which involve the use of SerDes for rapid data communication. The small and medium enterprise segment to hold significant share of the market in the coming years.
By End Use Industries
On the basis of end use industries, the market is classified into automotive, telecom & it, aerospace, military & defense, manufacturing, healthcare, and others. The telecom & IT segment is projected to hold a key share of the market during the forecast period due to increasing need for reliable data movement at high speeds. SerDes technology is widely in automotive applications.
The introduction of advanced driver assistance systems (ADAS), autonomous driving systems (ADS), and in-vehicle infotainment (IVI) has increased the demand for sensors, cameras, onboard processing power, and displays. Cameras and displays in vehicles are connected to the image-processing ECU via a SerDes connection.
The long-reach SerDes physical layer interface provides an uneven data link in a point-to-point or daisy-chain topology, providing embedded bidirectional control data, high-speed unidirectional data, and optional power delivery through a single cable. Thus, in turn, propelling the automotive segment.
SerDes Market Region Wise Outlook
On the basis of regions, the market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). The market in Asia Pacific accounted for the significant share of the market in 2019 and is anticipated to grow during the forecast period owing to government subsidies to promote the semiconductor fabrication market. The market in Europe and North America is also expected to grow significantly during the forecast period.
Key Benefits for Industry Participants & Stakeholders
- In-Depth Analysis of the SerDes Market
- Historical, Current and Projected Market Size in Terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on From SerDes Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SerDes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 SerDes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SerDes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the SerDes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global SerDes Market Size & Forecast, 2017-2027
4.5.1 SerDes Market Size and Y-o-Y Growth
4.5.2 SerDes Market Absolute $ Opportunity
4.6 Rad-Hard SerDes
4.6.1 Overview
4.6.2 Current and Future Market Trends
4.7 SerDes Price by Manufacturers
4.8 PAM-4 transceivers/interfaces Outlook
4.8.1 PAM-4 Technology overview
4.8.2 Key Players Offering PAM-4 and Product Overview
4.8.3 Recent Technological Advancements in PAM-4
4.8.4 Key Application Areas and Growth Prospect
Chapter 5 Global SerDes Market Analysis and Forecast By Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Types
5.1.2 Basis Point Share (BPS) Analysis By Types
5.1.3 Absolute $ Opportunity Assessment By Types
5.2 SerDes Market Size Forecast By Types
5.2.1 Stand-Alone SerDes
5.2.2 SerDes IP Core
5.2.3 Rad-Hard SerDes
5.3 Market Attractiveness Analysis By Types
Chapter 6 Global SerDes Market Analysis and Forecast By Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Applications
6.1.2 Basis Point Share (BPS) Analysis By Applications
6.1.3 Absolute $ Opportunity Assessment By Applications
6.2 SerDes Market Size Forecast By Applications
6.2.1 Research Centers
6.2.2 Telecommunication
6.2.3 Consumer Electronics
6.2.4 Data Center
6.2.5 Others
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global SerDes Market Analysis and Forecast By Enterprise Size
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Enterprise Size
7.1.2 Basis Point Share (BPS) Analysis By Enterprise Size
7.1.3 Absolute $ Opportunity Assessment By Enterprise Size
7.2 SerDes Market Size Forecast By Enterprise Size
7.2.1 Large Enterprises
7.2.2 Small and Medium Size Enterprises (SMEs)
7.3 Market Attractiveness Analysis By Enterprise Size
Chapter 8 Global SerDes Market Analysis and Forecast By End-use Industry
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By End-use Industry
8.1.2 Basis Point Share (BPS) Analysis By End-use Industry
8.1.3 Absolute $ Opportunity Assessment By End-use Industry
8.2 SerDes Market Size Forecast By End-use Industry
8.2.1 Automotive
8.2.2 Telecom & IT
8.2.3 Aerospace
8.2.4 Military and Defense
8.2.5 Manufacturing
8.2.6 Healthcare
8.2.7 Others
8.3 Market Attractiveness Analysis By End-use Industry
Chapter 9 Global SerDes Market Analysis and Forecast by Region
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Region
9.1.2 Basis Point Share (BPS) Analysis by Region
9.1.3 Absolute $ Opportunity Assessment by Region
9.2 SerDes Market Size Forecast by Region
9.2.1 North America
9.2.2 Europe
9.2.3 Asia Pacific
9.2.4 Latin America
9.2.5 Middle East & Africa (MEA)
9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
10.1 Introduction
10.2 Current & Future Impact Analysis
10.3 Economic Impact Analysis
10.4 Government Policies
10.5 Investment Scenario
Chapter 11 North America SerDes Analysis and Forecast
11.1 Introduction
11.2 North America SerDes Market Size Forecast by Country
11.2.1 U.S.
11.2.2 Canada
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 North America SerDes Market Size Forecast By Types
11.6.1 Stand-Alone SerDes
11.6.2 SerDes IP Core
11.6.3 Rad-Hard SerDes
11.7 Basis Point Share (BPS) Analysis By Types
11.8 Absolute $ Opportunity Assessment By Types
11.9 Market Attractiveness Analysis By Types
11.10 North America SerDes Market Size Forecast By Applications
11.10.1 Research Centers
11.10.2 Telecommunication
11.10.3 Consumer Electronics
11.10.4 Data Center
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis By Applications
11.12 Absolute $ Opportunity Assessment By Applications
11.13 Market Attractiveness Analysis By Applications
11.14 North America SerDes Market Size Forecast By Enterprise Size
11.14.1 Large Enterprises
11.14.2 Small and Medium Size Enterprises (SMEs)
11.15 Basis Point Share (BPS) Analysis By Enterprise Size
11.16 Absolute $ Opportunity Assessment By Enterprise Size
11.17 Market Attractiveness Analysis By Enterprise Size
11.18 North America SerDes Market Size Forecast By End-use Industry
11.18.1 Automotive
11.18.2 Telecom & IT
11.18.3 Aerospace
11.18.4 Military and Defense
11.18.5 Manufacturing
11.18.6 Healthcare
11.18.7 Others
11.19 Basis Point Share (BPS) Analysis By End-use Industry
11.20 Absolute $ Opportunity Assessment By End-use Industry
11.21 Market Attractiveness Analysis By End-use Industry
Chapter 12 Europe SerDes Analysis and Forecast
12.1 Introduction
12.2 Europe SerDes Market Size Forecast by Country
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 U.K.
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Europe SerDes Market Size Forecast By Types
12.6.1 Stand-Alone SerDes
12.6.2 SerDes IP Core
12.6.3 Rad-Hard SerDes
12.7 Basis Point Share (BPS) Analysis By Types
12.8 Absolute $ Opportunity Assessment By Types
12.9 Market Attractiveness Analysis By Types
12.10 Europe SerDes Market Size Forecast By Applications
12.10.1 Research Centers
12.10.2 Telecommunication
12.10.3 Consumer Electronics
12.10.4 Data Center
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis By Applications
12.12 Absolute $ Opportunity Assessment By Applications
12.13 Market Attractiveness Analysis By Applications
12.14 Europe SerDes Market Size Forecast By Enterprise Size
12.14.1 Large Enterprises
12.14.2 Small and Medium Size Enterprises (SMEs)
12.15 Basis Point Share (BPS) Analysis By Enterprise Size
12.16 Absolute $ Opportunity Assessment By Enterprise Size
12.17 Market Attractiveness Analysis By Enterprise Size
12.18 Europe SerDes Market Size Forecast By End-use Industry
12.18.1 Automotive
12.18.2 Telecom & IT
12.18.3 Aerospace
12.18.4 Military and Defense
12.18.5 Manufacturing
12.18.6 Healthcare
12.18.7 Others
12.19 Basis Point Share (BPS) Analysis By End-use Industry
12.20 Absolute $ Opportunity Assessment By End-use Industry
12.21 Market Attractiveness Analysis By End-use Industry
Chapter 13 Asia Pacific SerDes Analysis and Forecast
13.1 Introduction
13.2 Asia Pacific SerDes Market Size Forecast by Country
13.2.1 China
13.2.2 Japan
13.2.3 South Korea
13.2.4 India
13.2.5 Australia
13.2.6 South East Asia (SEA)
13.2.7 Rest of Asia Pacific (APAC)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Asia Pacific SerDes Market Size Forecast By Types
13.6.1 Stand-Alone SerDes
13.6.2 SerDes IP Core
13.6.3 Rad-Hard SerDes
13.7 Basis Point Share (BPS) Analysis By Types
13.8 Absolute $ Opportunity Assessment By Types
13.9 Market Attractiveness Analysis By Types
13.10 Asia Pacific SerDes Market Size Forecast By Applications
13.10.1 Research Centers
13.10.2 Telecommunication
13.10.3 Consumer Electronics
13.10.4 Data Center
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis By Applications
13.12 Absolute $ Opportunity Assessment By Applications
13.13 Market Attractiveness Analysis By Applications
13.14 Asia Pacific SerDes Market Size Forecast By Enterprise Size
13.14.1 Large Enterprises
13.14.2 Small and Medium Size Enterprises (SMEs)
13.15 Basis Point Share (BPS) Analysis By Enterprise Size
13.16 Absolute $ Opportunity Assessment By Enterprise Size
13.17 Market Attractiveness Analysis By Enterprise Size
13.18 Asia Pacific SerDes Market Size Forecast By End-use Industry
13.18.1 Automotive
13.18.2 Telecom & IT
13.18.3 Aerospace
13.18.4 Military and Defense
13.18.5 Manufacturing
13.18.6 Healthcare
13.18.7 Others
13.19 Basis Point Share (BPS) Analysis By End-use Industry
13.20 Absolute $ Opportunity Assessment By End-use Industry
13.21 Market Attractiveness Analysis By End-use Industry
Chapter 14 Latin America SerDes Analysis and Forecast
14.1 Introduction
14.2 Latin America SerDes Market Size Forecast by Country
14.2.1 Brazil
14.2.2 Mexico
14.2.3 Rest of Latin America (LATAM)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Latin America SerDes Market Size Forecast By Types
14.6.1 Stand-Alone SerDes
14.6.2 SerDes IP Core
14.6.3 Rad-Hard SerDes
14.7 Basis Point Share (BPS) Analysis By Types
14.8 Absolute $ Opportunity Assessment By Types
14.9 Market Attractiveness Analysis By Types
14.10 Latin America SerDes Market Size Forecast By Applications
14.10.1 Research Centers
14.10.2 Telecommunication
14.10.3 Consumer Electronics
14.10.4 Data Center
14.10.5 Others
14.11 Basis Point Share (BPS) Analysis By Applications
14.12 Absolute $ Opportunity Assessment By Applications
14.13 Market Attractiveness Analysis By Applications
14.14 Latin America SerDes Market Size Forecast By Enterprise Size
14.14.1 Large Enterprises
14.14.2 Small and Medium Size Enterprises (SMEs)
14.15 Basis Point Share (BPS) Analysis By Enterprise Size
14.16 Absolute $ Opportunity Assessment By Enterprise Size
14.17 Market Attractiveness Analysis By Enterprise Size
14.18 Latin America SerDes Market Size Forecast By End-use Industry
14.18.1 Automotive
14.18.2 Telecom & IT
14.18.3 Aerospace
14.18.4 Military and Defense
14.18.5 Manufacturing
14.18.6 Healthcare
14.18.7 Others
14.19 Basis Point Share (BPS) Analysis By End-use Industry
14.20 Absolute $ Opportunity Assessment By End-use Industry
14.21 Market Attractiveness Analysis By End-use Industry
Chapter 15 Middle East & Africa (MEA) SerDes Analysis and Forecast
15.1 Introduction
15.2 Middle East & Africa (MEA) SerDes Market Size Forecast by Country
15.2.1 Saudi Arabia
15.2.2 South Africa
15.2.3 UAE
15.2.4 Rest of Middle East & Africa (MEA)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Middle East & Africa (MEA) SerDes Market Size Forecast By Types
15.6.1 Stand-Alone SerDes
15.6.2 SerDes IP Core
15.6.3 Rad-Hard SerDes
15.7 Basis Point Share (BPS) Analysis By Types
15.8 Absolute $ Opportunity Assessment By Types
15.9 Market Attractiveness Analysis By Types
15.10 Middle East & Africa (MEA) SerDes Market Size Forecast By Applications
15.10.1 Research Centers
15.10.2 Telecommunication
15.10.3 Consumer Electronics
15.10.4 Data Center
15.10.5 Others
15.11 Basis Point Share (BPS) Analysis By Applications
15.12 Absolute $ Opportunity Assessment By Applications
15.13 Market Attractiveness Analysis By Applications
15.14 Middle East & Africa (MEA) SerDes Market Size Forecast By Enterprise Size
15.14.1 Large Enterprises
15.14.2 Small and Medium Size Enterprises (SMEs)
15.15 Basis Point Share (BPS) Analysis By Enterprise Size
15.16 Absolute $ Opportunity Assessment By Enterprise Size
15.17 Market Attractiveness Analysis By Enterprise Size
15.18 Middle East & Africa (MEA) SerDes Market Size Forecast By End-use Industry
15.18.1 Automotive
15.18.2 Telecom & IT
15.18.3 Aerospace
15.18.4 Military and Defense
15.18.5 Manufacturing
15.18.6 Healthcare
15.18.7 Others
15.19 Basis Point Share (BPS) Analysis By End-use Industry
15.20 Absolute $ Opportunity Assessment By End-use Industry
15.21 Market Attractiveness Analysis By End-use Industry
Chapter 16 Competition Landscape
16.1 SerDes Market: Competitive Dashboard
16.2 Global SerDes Market: Market Share Analysis, 2019
16.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
16.3.1 Alphawave IP
16.3.2 Broadcom Inc.
16.3.3 Infineon Technologies AG
16.3.4 Honeywell International Inc.
16.3.5 Maxim Integrated
16.3.6 NXP Semiconductors N.V.
16.3.7 ON SEMICONDUCTOR CORPORATION
16.3.8 Semtech Corporation
16.3.9 STMicroelectronics N.V.
16.3.10 Texas Instruments Inc.