The Clock Buffer Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Clock Buffer Global Market Report 2024, The clock buffer market size has grown strongly in recent years. It will grow from $2.3 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increased demand for consumer electronics, rising automation in industries, telecommunication infrastructure development, computing and data center expansion, global semiconductor industry trends.
The clock buffer market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to iot (internet of things) growth, automotive electronics, edge computing adoption, rising demand for high-performance computing , advancements in semiconductor manufacturing. Major trends in the forecast period include technology advancements, high performance solutions, integration of features, rise in iot and edge computing, power efficiency and low-noise design.
An increase in the adoption of smartphone devices is expected to propel the growth of the clock buffer market going forward. A smartphone refers to a cellular telephone with an integrated computer originally associated with telephones such as an operating system, web browsing, and the ability to run software applications. A clock buffer is a type of integrated circuit that generates periodic signals for gap generation in electronic devices such as smartphones, thus increase the demand for clock buffer. For instance, in February 2023, according to a report published by Uswitch Limited, a UK-based online and telephone comparison, and switching service, 71.8 million mobile connections were active in 2022, which is an increase of 3.8% from 2021. There will be 68.3 million people living in the UK by 2025, and 95% of them will have smartphones in their hands. Therefore, an increase in the adoption of smart phones is driving the growth of the clock buffer market.
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The Clock Buffer Market Covered In This Report Is Segmented –
1) By Type: Differential Clock Buffer, Single-Ended Clock Buffer, Universal, Other Types
2) By End-User Vertical: Military And Defense, Industrial, Consumer Electronics, IT And Telecommunication, Other End-User Verticals
Product innovations are the key trend gaining popularity in the clock buffer market. Major companies operating in the market are developing innovative products such as low-jitter clock buffers, clock buffers with PCIe Gen6 specifications, clock buffers supporting the new PCI Express (PCIe) 5.0 protocol, and others to sustain their position in the market. For instance, in April 2022, Renesas Electronics Corporation, a Japan-based provider of advanced semiconductor solutions, introduced the first clock buffers and multiplexers that meet PCIe Gen6’s stringent specifications. The unique features are complemented by new devices, which also support and offer additional margin for PCIe Gen5 implementations, to provide customers with a complete PCIe Gen6 timing solution for data center/cloud computing, networking, and high-speed industrial applications.
The Clock Buffer Market Report Table Of Contents Includes:
1. Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
………
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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