The India integrated circuits market size reached USD 29.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 108.0 Billion by 2033, exhibiting a growth rate (CAGR) of 14.44% during 2025-2033. The market share is growing due to government initiatives, increasing consumer electronics demand, and expanding IoT adoption, driving the need for advanced, efficient, and high-performance semiconductor solutions across various industries.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 29.3 Billion |
Market Forecast in 2033 | USD 108.0 Billion |
Market Growth Rate 2025-2033 | 14.44% |
Rising Consumer Electronics Demand
Increasing smartphone penetration is catalyzing the demand for high-performance integrated circuits, enhancing device processing speed and efficiency. In March 2025, Samsung launched the Galaxy F16 5G in India, featuring a 6.7-inch FHD+ sAMOLED display, 50MP triple-camera setup, and a MediaTek Dimensity 6300 processor, highlighting the growing need for advanced integrated circuits. Laptops, tablets, and smart televisions (TVs) are witnessing higher adoption, requiring integrated circuits for improved graphics, connectivity, and storage. Wearable devices like smartwatches and fitness trackers are integrating specialized integrated circuits for better battery life and functionality. The growing middle-class population is fueling higher spending on consumer electronics, supporting India integrated circuits market growth. Rapid urbanization is increasing smart appliance adoption, necessitating integrated circuits for automation, energy efficiency, and user experience improvements. E-commerce expansion is making consumer electronics more accessible, further accelerating the demand for integrated circuit components. Rising gaming culture is driving the need for graphics-intensive devices, which include advanced integrated circuits. Increasing digital payments and mobile banking adoption are enhancing demand for secure and efficient integrated circuit-based solutions. Moreover, emerging trends like foldable smartphones and augmented reality (AR) devices are creating opportunities for innovative integrated circuit designs.
Growth of Internet of Thing (IoT) and Automation
The India integrated circuits market outlook is being greatly impacted by the expansion of automation and the Internet of Things (IoT). The need for integrated circuits in linked devices is being accelerated by the growing popularity of smart homes, which will improve automation and energy efficiency. Highlighting the growing need for cutting-edge integrated circuits, in 2024, ABB India unveiled ABB-free home, a wireless home automation system that connects with Amazon Alexa, Apple HomeKit, Google Home, and Samsung SmartThings. Advanced integrated circuits are being used into industrial automation to enhance real-time monitoring, predictive maintenance, and robotics. The need for integrated circuits in wearable technology and telemedicine applications is being driven by the growing usage of IoT in healthcare. Growing demand for connected vehicles is fueling the need for automotive integrated circuits in infotainment, safety, and navigation systems. Expanding smart agriculture practices are integrating IoT-based sensors, demanding integrated circuits for real-time monitoring and automation. Businesses are increasingly adopting IoT solutions, necessitating high-performance integrated circuits for cloud computing, artificial intelligence (AI), and data analytics. Besides this, wireless connectivity advancements are improving IoT device performance, driving the need for efficient of integrated circuits.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product type and application type.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes memory, logic, micro, and analog.
Application Type Insights:
A detailed breakup and analysis of the market based on the application type have also been provided in the report. This includes data processing, communication, industrial electronics, automotive, and consumer electronics.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Memory, Logic, Micro, Analog |
Applications Covered | Data Processing, Communication, Industrial Electronics, Automotive, Consumer Electronics |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |