The Analog Integrated Circuit (IC) market is projected to grow to USD 129.69 billion by 2029 at a CAGR of 7.28%. Key players include Analog Devices Inc., Infineon Technologies AG, Microchip Technology Inc., NXP Semiconductors NV, and ON Semiconductor. Market trends are driven by IoT technologies, smartphone proliferation, and 5G network expansion, with challenges including semiconductor engineer shortages and the Russia-Ukraine conflict's impact on the supply chain. China's semiconductor manufacturing, 5G deployment, and automotive industry growth are expected to drive market growth.

Analog IC Market Growth Projection