Application Specific Integrated Circuit Market

Application Specific Integrated Circuits (ASICs) are single-chip solutions that combine the components of a system into a single, integrated circuit. ASICs are used in a variety of applications, from consumer electronics to military and aerospace systems. The key trends in ASIC market technology include increasing demand for System-on-Chip (SoC) solutions, growing adoption of Artificial Intelligence (AI) and Machine Learning, and growing popularity of Internet of Things (IoT).