According to a new report, published by KBV research, The Global Chiplet Market size is expected to reach $373.4 billion by 2030, rising at a market growth of 75.7% CAGR during the forecast period.
The Graphics Processing Unit (GPU) segment is showcasing a CAGR of 75.4% during (2023 - 2030). The primary function of GPUs is rendering graphics for display on a monitor. They handle tasks like 2D rendering (e.g., drawing user interfaces) and 3D rendering (e.g., complex 3D game environments). This makes GPUs crucial for gaming consoles, PCs, workstations, and mobile devices. Modern GPUs are built on highly parallel architectures consisting of multiple cores organized into streaming multiprocessors (SMs) or shader cores. This architecture is designed to handle parallel data processing efficiently. GPUs have evolved from graphics-focused processors to versatile, robust components that accelerate computational tasks.
The Enterprise Electronics segment is leading the Global Chiplet Market by End-use in 2022 thereby achieving a market value of $95.1 billion by 2030. Chiplets have revolutionized semiconductor design by offering a scalable and customizable approach to enterprise electronics. They enable businesses to create specialized integrated circuits, optimizing performance and power efficiency. They also enhance package-level yield and reduce costs by allowing the replacement of defective components without discarding entire chips. This modular approach accelerates development cycles and supports rapid scalability to meet changing demands.
The System-in-Package (SiP) segment has shown the high growth rate of 75.3% during (2023 - 2030). SiP technology allows the integration of multiple chips into a single package, saving space on the printed circuit board (PCB) and enabling smaller and more compact electronic devices. SiPs can help lower power consumption by optimizing the interconnects between components and minimizing energy loss due to long traces on the PCB. This is especially important for mobile devices and battery-powered systems.
The Asia Pacific region dominated the Global Chiplet Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $170 billion by 2030. The Europe market is anticipated to grow at a CAGR of 74.8% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 74.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/chiplet-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Intel Corporation, Advanced Micro Devices, Inc., Apple Inc., IBM Corporation, Marvell Technology Group Ltd., MediaTek, Inc., NVIDIA Corporation, Achronix Semiconductor Corporation, ASE Technology Holding Co., Ltd. (ASE Group), and NXP Semiconductors N.V.
By Processor
By End-use
By Packaging Technology
By Geography
Companies Profiled
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