Global Programmable Application Specific Integrated Circuit (ASIC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Design Type;

Full Custom, Semi-Custom, and Programmable.

By Application;

Consumer Electronics, Telecommunications, Data Centers, Energy & Utilities, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn123446009 Published Date: May, 2025 Updated Date: June, 2025

Programmable Application Specific Integrated Circuit (ASIC) Market Overview

Programmable Application Specific Integrated Circuit (ASIC) Market (USD Million)

Programmable Application Specific Integrated Circuit (ASIC) Market was valued at USD 20,660.03 million In the year 2024. The size of this market is expected to increase to USD 37,767.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.


Global Programmable Application Specific Integrated Circuit (ASIC) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.0 %
Market Size (2024)USD 20,660.03 Million
Market Size (2031)USD 37,767.33 Million
Market ConcentrationMedium
Report Pages372
20,660.03
2024
37,767.33
2031

Major Players

  • Samsung Electronics
  • Taiwan Semiconductor Manufacturing Company (TSMC)
  • GlobalFoundries
  • United Microelectronics Corporation (UMC)
  • Intel Corporation
  • Advanced Micro Devices, Inc. (AMD)
  • Qualcomm Incorporated
  • Broadcom Inc.
  • NVIDIA Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Programmable Application Specific Integrated Circuit (ASIC) Market

Fragmented - Highly competitive market without dominant players


The Programmable Application Specific Integrated Circuit (ASIC) Market is gaining strong momentum as industries increasingly seek customizable and energy-efficient chip architectures. These advanced circuits combine the benefits of traditional ASICs with enhanced adaptability, supporting a wide range of performance requirements. Currently, nearly 55% of complex electronics projects are integrating programmable ASICs, showcasing their growing appeal among hardware developers.

Efficiency-Focused Design Priorities
Rising attention to power optimization and processing efficiency is significantly driving the adoption of programmable ASICs. These solutions deliver high-speed functionality while maintaining low power usage, making them ideal for performance-driven applications. Research shows that close to 48% of manufacturers focused on energy-sensitive technologies are now turning to programmable ASICs for optimized operational output.

Growing Role in Multi-Functional Systems
The trend toward compact and reliable hardware is fueling interest in multi-purpose programmable ASICs. Their ability to consolidate multiple components into a single chip makes them a preferred choice in modern embedded systems. More than 50% of integrated system designs today are built around programmable ASIC technology, underlining its strategic role in streamlining device architecture.

Enhanced Flexibility with Lower Development Costs
The appeal of programmable ASICs also lies in their ability to deliver cost savings and adaptable design cycles. They reduce the need for repeated prototyping and shorten time-to-market for new products. Nearly 47% of development teams report tangible cost benefits and faster deployment when adopting programmable ASICs, confirming their value in agile and scalable hardware solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Design Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Programmable Application Specific Integrated Circuit (ASIC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. IoT and AI applications
        2. Demand for customized chips
        3. Increasing complexity of electronics
        4. Growth in automotive electronics
        5. High-performance computing needs
      2. Restraints
        1. High development costs
        2. Long design cycles
        3. Competition from FPGA technology
        4. Complexity in integration
        5. Limited flexibility post-manufacturing
      3. Opportunities
        1. 5G network deployments
        2. Advancements in AI algorithms
        3. Edge computing expansion
        4. Demand for low-power devices
        5. Emerging markets for electronics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. CompetitiveRivalry
  5. Market Segmentation
    1. Programmable Application Specific Integrated Circuit (ASIC) Market, By Design Type, 2021 - 2031 (USD Million)
      1. Full Custom
      2. Semi-Custom
      3. Programmable
    2. Programmable Application Specific Integrated Circuit (ASIC) Market, By Application, 2021 - 2031 (USD Million)
      1. Consumer Electronics
      2. Telecommunications
      3. Data Centers
      4. Energy & Utilities
      5. Others
    3. Programmable Application Specific Integrated Circuit (ASIC) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Samsung Electronics
      2. Taiwan Semiconductor Manufacturing Company (TSMC)
      3. GlobalFoundries
      4. United Microelectronics Corporation (UMC)
      5. Intel Corporation
      6. Advanced Micro Devices, Inc. (AMD)
      7. Qualcomm Incorporated
      8. Broadcom Inc.
      9. NVIDIA Corporation
  7. Analyst Views
  8. Future Outlook of the Market