Application Specific IC (ASIC) is defined as a non-standard integrated circuit which is designed for a specific use such as particular kind of transmission protocol rather than intended for a general purpose use. These are used in wide range of applications like emission control, environmental monitoring and other personal digital assistants.

Rising consumer electronics and telecommunication industry is the major driver which help in surging the growth of ASIC market whereas high cost associated with design and manufacturing is the major restraining factor for this market. Rising penetration of ASICs in electric vehicles will add new opportunities for this market in the coming years.

The "Global Application Specific IC (ASIC) Market Analysis to 2028" is a specialized and in-depth study of the application specific IC (ASIC) industry with a focus on the global market trend. The report aims to provide an overview of global application specific IC (ASIC) market with detailed market segmentation by type, application and geography. The global application specific IC (ASIC) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global application specific IC (ASIC) market based on type and application. It also provides market size and forecast till 2028 for overall application specific IC (ASIC) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Also, key application specific IC (ASIC) market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Intel Corporation, Texas Instruments Incorporated., STMicroelectronics N.V., Infineon Technologies AG, Renesas Electronics Corporation., Maxim Integrated, Analog Devices, Inc., NXP Semiconductors N.V., Qualcomm Technologies, Inc. and Skyworks Solutions, Inc. among others.