TechSci Press Release

Surge in demand for advanced consumer electronics and the increase in the defect in semiconductor equipment is expected to drive the demand for global virtual fabrication in semiconductors market for the forecast period. According to TechSci Research report,  “ Virtual Fabrication in Semiconductors Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026  Segmented By Component (Software & Services), By Software (Simulation, Design & Verification), By Services (Professional, Managed), By End Use (IDM, Foundries), By Product Category (Chip Design & Verification, Printed Circuit Boards and Multi-Chip Modules, Semiconductor IP & Services) and By Region” , the global virtual fabrication in semiconductors market is expected to witness a growth of robust CAGR for the forecast period, 2022-2026. Semiconductor development is a complex process, and with the introduction of the new generation of devices, the process becomes more complex and...

Global virtual fabrication in semiconductors market is expected to grow at a rate of significant CAGR for the forecast period, 2023-2027. A large amount of time and the unnecessary expenses incurred in the semiconductor process development process is driving the demand for the adoption of advanced approach for the fabrication of semiconductors. The rise in the disposable income of middle-class families and the rapid urbanization is increasing the expenditure capacity of the customers. The growing demand for consumer electronic devices around the globe, owing to the high internet penetration and the development of the telecommunication industry, is fueling the demand for advanced semiconductors. The rapid adoption of advanced technologies such as the internet of things, artificial intelligence, machine learning, and other technology is boosting the demand for advanced electronic devices as they are cost-effective and highly efficient. The adoption of virtual fabrication in the semicond...