Power Management IC Market Power Management IC (PMIC) Market Forecast, 2016-2 | Page 2

The global Power Management IC (PMIC) market was valued at
$40.21 billion in 2016, and is projected to reach $61.33 billion by
2023, growing at a CAGR of 6.4% from 2017 to 2023. In 2016, the
voltage regulators segment generated the highest revenue share
in the global PMIC market with highest growth rate, having a
CAGR of 6.8% during the forecast period. Among major regions,
Asia-Pacific PMIC market was the highest revenue generating
market valued at 18.09 billion in 2016.
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