Semiconductors: Trends and Startups 2019
Next Global Tech 50
We have prepared a series of reports on the next generation of companies across several sectors around the globe. Our coverage includes 11 industries that have been affected the most by cutting-edge technology and are likely to shape the international economic landscape of tomorrow. This series is to be presented during the World Innovators Meet 2019, an annual event gathering global leaders from a variety of fields at the heart of Beijing.
In this report, EqualOcean depicts the most significant semiconductor industry trends and presents 50 potentially game-changing startups that have proven their ability to grow and scale. Here are some key highlights from our study.
► We estimate that the global semiconductor market will reach USD 520 billion by 2023, up 21.21% from this year's USD 429 billion;
► Artificial Intelligence (AI) chip market is projected to grow at a 41% CAGR, reaching USD 41.25 billion by 2023;
► In the next few years, Moore's law is likely to steam up, with transistor allocation taking a three-dimensional shape;
► The Central Processing Unit (CPU) – the 'one-man army' of the semiconductor world – will inevitably lose much of its clout in the industry to Application-Specific Integrated Circuits (ASIC);
► The use of new materials, complex System-on-a-Chip (SoC) integration and other symptoms of 'more-than-Moore' will spur progress across a handful of areas both at different stages of a certain value chain and between verticals that previously weren’t linked.
Next Global Tech 50: Semiconductors
Unlike the budding global software startup scene, the semiconductor industry can't boast of a big number of private companies disrupting the status quo. As most of the market segments are dominated by elephantine international corporations, young firms are often not able to keep up with the ever-changing business environment. However, there are a number of aggressive upstarts that are highly likely to win within their chosen verticals in the near future.
EqualOcean has compiled a global list of young chipmakers that, according to our analysis, have a strong chance of growing into leading global enterprises, by leveraging high technology across various submarkets. To create this list, we used 12 independent selection criteria (including funding information, market valuation as well as several technological and macroeconomic indicators), which are not affected by any commercial links between the firm and its existing or potential clients.