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(IT-NEWSWIRE.COM, July 15, 2015 ) An application-specific standard product (ASSP) is a semiconductor device used for a specific application by multiple units. It is a general purpose IC that implements a specific function and caters to a wide market and not just to one customer. Consumers prefer ASSPs as there is no need to design the required IC from scratch, making them cost-effective. They are used in communications, automotive, consumer electronics, computers, and industrial applications.
The analysts forecast global ASSP market to grow at a CAGR of 3.5% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global ASSP market for 2015-2019. This report considers 2014 as the base year and provides data for the trailing 12 months. To calculate the market size, the report considers revenue generated by
ASSP manufacturers. However, the report does not take into consideration the following while calculating the market size:
• Test and assembly services
• Semiconductor equipment sales
• Semiconductor materials sales
Key Regions
• APAC
• EMEA
• Americas
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Key Vendors
• Analog Devices
• Infineon Technologies
• STMicroelectronics
• Texas Instruments
Other Prominent Vendors
• Maxim Integrated Products
• NXP Semiconductors
• Skyworks Solutions
• Linear Technology
• Renesas Electronics
• ON Semiconductor
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Market Driver
• Rising Demand for Smartphones and Tablets
Market Challenge
• High Capital Investment
Market Trend
• Short Replacement Cycle of Portable Electronic Devices
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Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
RnR Market Research
Ritesh Tiwari
1 888 391 5441
sales@rnrmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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