Power Management IC Market Power Management IC (PMIC) Market Forecast, 2016-2 | Page 8

PMIC MARKET KEY INSIGHTS Asia Pacific is expected to have the fastest CAGR of 7.5% over the forecast period. The region generated the revenue of $ 18.09 Billion in 2016.  Voltage Regulator product holds the major segment of the PMIC Market.  Consumer Electronics end-user in PMIC market is expected to witness the highest CAGR of 6.7% over the forecast period (2017-2023).  North America holds 30 % of the total PMIC market.  8