Trends in the semiconductor industry: Future challenges and solutions

Semiconductors are constantly evolving, and current trends suggest that innovation and competition will increase in the future. wafer prober There will be shortages and reduced production of semiconductors by 2023 as a result of increased demand, geopolitical conflicts, factory closures, and inflation. A subsequent report by KPMG and the Global Semiconductor Alliance showed the semiconductor industry was less confident in 2022, falling 18 percentage points from the previous year's all-time high to 56/ u002F100.

As production increases, companies will need to adjust to new technologies and processes. Not only have we seen the end of the chip shortage, but more than a quarter of executives surveyed by KPMG expect an impending chip glut.

We will examine the future of semiconductors, including trends, which industries will be most impacted, probe test and how your business can benefit.

How will the semiconductor technology industry fare in the future?

The idea is that chips are only designed once and can be used in a variety of situations, which is one of the ways semiconductor companies build market share.

Based on a small chip design.

Despite the fact that intellectual property reuse remains a major concern in the semiconductor industry - most industry leaders cited it in the Perforce Semiconductor survey for 2023 - design has now become more customized to meet the needs of the market. wafer probing It is no longer possible to design individual chips in the future, but rather to design small chips. These chips are specialized modular chips that can be combined to create complex systems-on-chip (SoC).

Microchip-based designs, composed of smaller, customizable building blocks, offer the potential for lighter hardware, decreased consumer costs, and increased sustainability. One trend gaining traction among IP vendors is incorporating microchips into "IP softcore," allowing companies to tailor their IP for specific purposes. This emerging approach (also called "multi-chip system technology") has been identified by the MIT Technology Review as the future direction of the semiconductor industry. While these microchip-based designs are gaining in popularity, it may take another five years or so for them to become a widely-adopted industry standard.

Embrace globalization

In addition to future shifts in semiconductor design, the industry will also become more economically globalized. 71% of semiconductor executives told KPMG management had plans to expand global online recruitment and work with multiple distributed teams across multiple companies.

What is the growth rate of the semiconductor industry?

With the advent of self-driving cars, artificial intelligence and machine learning products, the semiconductor industry has become more important than ever.

In 2030, McKinsey predicts semiconductors will be a trillion-dollar industry.

By the end of 2024, the semiconductor industry is expected to grow at an annual rate of 18%, despite a slight decline in revenue this year.

Future trends in the semiconductor industry

Several trends are underway to reshape the future of semiconductors, including the expansion of new technologies and markets and innovative uses of existing information technology, such as small chip 2.5D packages at mature process nodes.

Utilize new technologies

In the semiconductor industry, there are three key technology trends:

The open source hardware revolution is disrupting the market and changing the way companies approach design;

Low-cost semiconductors are in demand as a result of the Internet of Things;

High-performance computing devices are in demand as a result of 5G.

Market expansion

The impact of semiconductor research has greatly broadened, reaching the functionality of various devices such as smart phones and self-driving car sensors. A 2023 survey report from the MIT Career School Information Technology Management Review found that customers have higher expectations for personalization from students. In response to societal demands, over half of company executives surveyed have plans to extend their offerings to include "smart" products and services.