New York, June 08, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Integrated Circuits Global Market Report 2021: COVID 19 Impact and Recovery to 2030” – https://www.reportlinker.com/p06072081/?utm_source=GNW
The global integrated circuits market is expected to grow from $360.27 billion in 2020 to $391.58 billion in 2021 at a compound annual growth rate (CAGR) of 8.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $468.43 billion in 2025 at a CAGR of 5%.

The integrated circuits market consists of sales of integrated circuits and related services that are used in various applications such as automobiles, telecommunication,…

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