As per a detailed analysis by Market Research Future (MRFR), the Global SerDes Market is likely to garner a CAGR of 15.27% during the forecast period (2018-2025). The steady infrastructural development is encouraging the market growth across the globe. A SerDes, also acknowledged as serializer/deserializer, is considered as a trans receiver integrated circuit (IC), where the transmitter section transforms serial data into parallel data. The receiver section enables the conversion of parallel data to serial data. Multiple SerDes interfaces are mostly housed in a single package.
The augmented demand for SerDes chips is influencing the manufacturers to boost their capacities. SerDes chips is high on demand due to the booming data centers and surging quantum computing activities. It enables faster data transmission at low-cost, which promotes its growth across the globe. Moreover, the integration of advanced communication technologies in verticals like consumer electronics, automotive, and IT & telecom are favoring the market growth. The emergence of the 5G technology is also likely to create growth avenues for the market. On the contrary, the complexity beyond 112G SerDes is one of the top concerns likely to vitiate the market growth in the coming years.
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Global SerDes Market: Segmental Analysis
The global SerDes market has been segmented on the basis of product type, application, and end-user.
By mode of product type, the global SerDes market has been segmented into SerDes IP core and stand-alone SerDes. Among these, the SerDes IP core commands the largest market share and touched a valuation of USD 189.4 million in 2018. The stand-alone SerDes segment is anticipated to exhibit a healthy and higher CAGR in the foreseeable future.
The prominent players operating in the global SerDes market comprises Texas Instruments Inc., Rambus Inc., STMicroelectronics NV, ON Semiconductor Corporation, Renesas Electronics Corp, ROHM Semiconductor, Maxim Integrated, NXP Semiconductors NV, Broadcom, Inc., and Cypress Semiconductor Corp.
The North American region is predicted to offer impressive opportunities to the market players of the region. The regional market is likely to register 16.74% CAGR due to the surging popularity of IoT application, upsurge in quantum computing activities, and the growing need for high-speed data transmission.