05 July 2012 Booming smartphone demand to drive analogue ic market Booming smartphone demand to drive analogue ic market. Image courtesy of Apple. The rising demand for smartphones and tablets will guarantee expansion for the analogue ic industry over the next few years, according to a report by GBI research. The report predicts that the general purpose analogue ic industry will grow at a compound annual growth rate (CAGR) of approximately 9%, from a 2012 value of $20.41billion to $31.35bn by the end of 2016. The application specific analogue ic industry is expected to increase its sales revenue from $27.47bn in 2012 to $38.15bn in 2016, with a CAGR of 6.8%. The Asia Pacific region could play a vital role in this growth due to increases in both consumption and manufacturing, with large wafer manufacturing plants to be developed over the next four years by companies such as Intel. Author Simon Fogg Comment on this article Websites http://www.gbiresearch.com This material is protected by MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.