According to a market report by Lucintel, the future of communication in the global PCB market looks promising with opportunities in the enterprise, education, government, and healthcare market. Communication in the global PCB market is expected to reach an estimated $24.2 billion by 2028 with a CAGR of 6.6% from 2023 to 2028. The major drivers for this market are growing demand for high-speed data services, increasing adoption of cloud based applications and services, and significantly growing e-communication industry.
Within this market, Lucintel forecasts that enterprises is expected to remain the largest segment over the forecast period due to increasing adoption of IT in enterprise business operations so as to improve the overall organizational performance of an enterprise.
APAC will remain the highest growing region due to growing usage of consumer electronic devices and telecommunication and presence of a large customer base in economies like India and China.
Zhen Ding Technology Holding, NOK Corporation, TTM Technologies, Unimicron Technology, Compeq Manufacturing, Young Poong Electronics, Samsung Electro-Mechanics, Tripod Technology, and Ibiden are the major suppliers of communication in the global PCB market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for communication in the global PCB market by end use industry and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Communication in the Global PCB Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for communication in the global PCB market by end use industry and region, as follows:
Communication in the PCB Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
Enterprises
Education
Government
Healthcare
Others
Communication in the PCB Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for IC substrate in PCB market by end use industry (enterprises, education, government, healthcare, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?