System-in-Package, a success story
“The demand for SiP has increased significantly in recent years, with an adoption in a wide ranging of applications”, announces Favier Shoo, Technology & Market Analyst at Yole Développement (Yole). “SiP involves low-end including smaller package size & lower I/O count and high-end applications with larger package size & higher I/O. SiP is also leveraging on existing packaging technologies. Hence, supply chain management is more crucial to SiP’s success than the other key factors like materials, technology, and cost”
“Many factors are today driving the SiP market’s growth,” comments Santosh Kumar, Principal Analyst & Director Packaging, Assembly & Substrates, Yole Korea. “According to Yole’s System-in-Package (SiP) Technology & Market report , market drivers are the increasing adoption of SiP in megatrends the manufacturers’ evolving business models, the growing cost concerns of advanced silicon technology nodes for SoC and the strong advancement in packaging technologies.”
The SiP market attained a massive package revenue of US$16.4 billion in 2019, and will grow at a 6% CAGR to achieve US$23.6 billion in 2025. SiP’s biggest market segment is mobile & consumer, showing a 5% CAGR. It is then followed by telecom/infrastructure and automotive segments, with 11% CAGR for both.
The market research and strategy consulting company releases this week the SiP Technology & Market report. This analysis presents the overall SiP technologies, all key process steps and technical roadmap. It analyzes the related applications and provides detailed market forecasts by application and packaging platforms for the coming year. In addition, Yole’s analysts are offering a relevant description of the ecosystem, with the overall supply chain, the shifting business models and market shares of the players involved.
What are SiP factors of success? Which companies are today following this approach? What are the related business models? What are the business opportunities?… Many conferences with relevant speakers and lot of attendees as well as numerous articles are available today. But many questions are still pending… Yole’s analysts invites you to discover a significant analysis of SiP approach, its technologies and ecosystem and get a deep understanding of the market & technical challenges… More info.
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