The semiconductor market in East Asia is set to grow by USD 84.41 billion, progressing at a CAGR of almost 6% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. GigaDevice Semiconductor Inc., MediaTek Inc., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sharp Corp., SK HYNIX Inc., Sony Corp., STMicroelectronics NV, and TDK Corp. are some of the major market participants. The growth of the consumer electronics market will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
