Global Programmable Application Specific Integrated Circuit (ASIC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

28nm, 10nm,16nm, 7nm.

By Application Type;

Consumer Electronics, Telecommunications, Data Centers, Energy & Utilities, and Other Applications.

By End User;

Consumer Electronics, Telecommunication, and Other

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn123446009 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Programmable Application Specific Integrated Circuit (ASIC) Market (USD Million), 2021 - 2031

In the year 2024, the Global Programmable Application Specific Integrated Circuit (ASIC) Market was valued at USD 20,660.03 million. The size of this market is expected to increase to USD 37,767.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The global Programmable Application Specific Integrated Circuit (ASIC) market has witnessed significant growth in recent years, driven by advancements in technologies like artificial intelligence, 5G networks, and IoT (Internet of Things). ASICs are custom-designed integrated circuits that cater to specific applications, offering higher performance and lower power consumption compared to general-purpose processors.

One key driver of the ASIC market is the demand for specialized hardware in sectors such as telecommunications, automotive, consumer electronics, and healthcare. These sectors require efficient and tailored solutions to meet the growing complexity of their applications. ASICs provide advantages in terms of speed, efficiency, and cost-effectiveness compared to traditional CPUs and GPUs, making them ideal for tasks requiring high computational power and low latency.

The increasing adoption of ASICs in data centers for tasks like AI inference, cryptography, and networking functions has bolstered market growth. ASICs can be optimized for specific algorithms and workloads, enhancing overall system performance while reducing energy consumption. This trend is expected to continue with the proliferation of cloud computing and edge computing applications.

The ASIC market faces challenges such as high development costs and longer design cycles compared to off-the-shelf solutions. Companies must balance these factors with the potential benefits of improved performance and reduced operational costs over the product lifecycle. As technology advances and demand for specialized computing solutions grows, the global ASIC market is poised for further expansion, driven by innovation and industry-specific applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Programmable Application Specific Integrated Circuit (ASIC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. IoT and AI applications
        2. Demand for customized chips
        3. Increasing complexity of electronics
        4. Growth in automotive electronics
        5. High-performance computing needs
      2. Restraints
        1. High development costs
        2. Long design cycles
        3. Competition from FPGA technology
        4. Complexity in integration
        5. Limited flexibility post-manufacturing
      3. Opportunities
        1. 5G network deployments
        2. Advancements in AI algorithms
        3. Edge computing expansion
        4. Demand for low-power devices
        5. Emerging markets for electronics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. CompetitiveRivalry
  5. Market Segmentation
    1. Global Programmable Application Specific Integrated Circuit (ASIC) Market, By Type, 2021 - 2031 (USD Million)
      1. 28nm
      2. 10nm
      3. 16nm
      4. 7nm.
    2. Global Programmable Application Specific Integrated Circuit (ASIC) Market, By Application Type, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Telecommunications
      3. Data Centers
      4. Energy & Utilities
      5. Other Applications
    3. Global Programmable Application Specific Integrated Circuit (ASIC) Market, By End User, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Telecommunication
      3. Telecommunication
      4. Telecommunication
      5. Other End Users
    4. Global Programmable Application Specific Integrated Circuit (ASIC) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Samsung Electronics
      2. Taiwan Semiconductor Manufacturing Company (TSMC)
      3. GlobalFoundries
      4. United Microelectronics Corporation (UMC)
      5. Intel Corporation
      6. Advanced Micro Devices, Inc. (AMD)
      7. Qualcomm Incorporated
      8. Broadcom Inc.
      9. NVIDIA Corporation
  7. Analyst Views
  8. Future Outlook of the Market