How Has the Chiplets Market Evolved Historically and What is its Current Size?
The chiplets market has seen considerable growth due to a variety of factors.
• The size of the chiplets market has seen an unprecedented expansion in the previous years. The market will experience increased growth, escalating from $7.8 billion in 2024 to a staggering $13.71 billion in 2025 with a compound annual growth rate (CAGR) of 75.7%.
Factors contributing to the growth during the historic period include the expansion of the semiconductor industry, growth in the healthcare sector, advancements in electronics manufacturing, strict regulatory standards, and the globalization of supply chains.
What Does Future Hold for The Chiplets Market By 2029?
The chiplets market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations surround the chiplets market, predicting an explosive growth trajectory in the upcoming years. By 2029, it's projected to achieve a $105.68 billion valuation informed by an impressive compound annual growth rate of 66.6%.
The expansion during this prediction period is likely due to factors such as advancements in the biopharmaceutical sector, higher demands in the food industry, the usage of sophisticated manufacturing methods, worldwide health issues, and more stringent environmental rules. The forecast period will also witness increased R&D activities, burgeoning applications of nanotechnology, virtual leaps in technology, improvement in cleanroom equipment, and expanding research in biotechnology and life sciences.
What Are The Primary Growth Drivers In The Chiplets Market?
The chiplets market is predicted to be propelled forward by an increasing need for electronic gadgets. Electronic gadgets, which employ electronic parts and technology to perform particular tasks, can be more flexibly, economically, and scalably designed and manufactured using chiplets. This is in line with the escalating intricacy and requirements of today's technologies. For example, as per the Japan Electronics and Information Technology Industries Association's data, the production of consumer electronics in May 2023 reached $2,178,430 million (¥32,099 million), a noticeable surge from the $1,714,724 million (¥25,268 million) figure of May 2022. Additionally, the UK's mobile connections started seeing a growth of 3.8% (about 2.6 million) since 2022, reaching 71.8 million in February 2023, as reported by Uswitch Limited, a UK financial conduct authority. It is also projected that by 2025, the UK population will increase to 68.3 million, with 95% (around 65 million people) owning a smartphone. Consequently, the chiplets market is being fueled by the escalating demand for electronic gadgets.
What Is The Segmentation Of The Global Chiplets Market?
The chiplets market covered in this report is segmented –
1) By Processor: Field Programmable Gate Array (FPGA), Graphics Processing Unit (GPU), Central Processing Unit (CPU), Application Processing Unit (APU), Artificial Intelligence Application-Specific Integrated Circuit (AI ASIC) Coprocessor
2) By Packaging Technology: System-in-Package (SiP), Flip Chip Scale Package (FCCSP), Flip Chip Ball Grid Array (FCBGA), 2.5D Or 3D, Wafer-Level Chip Scale Package (WLCSP), Fan-Out (FO)
3) By End-User: Enterprise Electronics, Consumer Electronics, Industrial Automation, Healthcare, Automotive, Military And Aerospace, Others End-Users
Subsegments:
1) By Field Programmable Gate Array (FPGA): Configurable Logic Blocks, Digital Signal Processing (DSP) FPGAs
2) By Graphics Processing Unit (GPU): Gaming GPUs, Professional GPUs, Data Center GPUs
3) By Central Processing Unit (CPU): General-Purpose CPUs, Server CPUs, Embedded CPUs
4) By Application Processing Unit (APU): Mobile APUs, Desktop APUs
5) By Artificial Intelligence Application-Specific Integrated Circuit (AI ASIC) Coprocessor: Tensor Processing Units (TPUs), Custom AI ASICs
Pre-Book The Chiplets Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Chiplets Market?
Leading businesses in the chiplets market are concentrating their efforts on introducing innovative technological advancements like 5G technology to solidify their standing. For example, Intel Corporation, a prominent US technology firm, unveiled the 4th Gen Intel Xeon Scalable processors equipped with Intel vRAN Boost in 2023. Furthermore, Intel revealed the intel infrastructure power manager for 5G core reference software, which can reach average run-time3 CPU power savings of 30%. Intel’s amalgamation of hardware and software solutions provides robust 5G core networks that can accomplish an equilibrium between essential business and customer requirements concerning power efficiency, performance, and latency. This technology is projected to facilitate 5G core networks to operate on software, offering cloud-native agility.
Who Are the Key Players In The Chiplets Market?
Major companies operating in the chiplets market report are:
• Samsung Electronics
• Taiwan Semiconductor Manufacturing Company
• Intel Corporation
• IBM
• Qualcomm Technologies Inc.
• NVIDIA Corporation
• Micron Technology Inc.
• Advanced Micro Devices Inc.
• ASE Technology Holding Co. Ltd.
• MediaTek Inc.
• NXP Semiconductors N.V.
• United Microelectronics Corporation
• GlobalFoundries
• Synopsys Inc.
• Marvell Technology Inc.
• Cadence Design Systems Inc.
• Xilinx Inc.
• ALPHAWAVE SEMI
• Tenstorrent
• Ayar Labs Inc.
• Kandou Bus SA
• SiFive Inc.
• Achronix Semiconductor Corporation
• Ranovus
• Netronome
• X-Celeprint
• NHanced Semiconductors
• Rain Neuromorphics
• Eliyan
• Chipuller
What Are The Regional Insights Into The Chiplets Market?
Asia-Pacific was the largest region in the chiplets market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the chiplets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
