Global SerDes Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Global SerDes Market Growth

As per the World Health Organisation, healthcare professionals perform nearly 3.6 billion medical imaging diagnostic examinations on patients annually, out of which around 350 million patients are children aged under 15 years. As per the Journal of the American Medical Association, medical diagnostic examinations such as MRI scans (65 per 1000 people), CT scans (149 per 1000 people), and ultrasound procedures (230 per 1000 people) have recorded significant growth in recent years in the United States. This is expected to lead to SerDes market expansion, as SerDes systems facilitate the production of high-resolution images of internal body parts. They provide a high degree of accuracy in medical diagnostic imaging, thereby ensuring sustained demand from the healthcare industry.

The shift towards autonomous vehicles has accelerated the demand for SerDes systems since they play a crucial role in sending data to the electronic modules and ensuring their conversion into the right format for displaying. Around 55% of all small-size businesses believe that vehicle fleets can potentially become fully autonomous within the next 20 years, with China likely to account for around 66% of all passenger kilometres travelled in 2040. This is expected to increase the SerDes market value in the coming years.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

Global SerDes Market Trends

The telecommunications industry is expected to witness a 26.8% increase in the generation of traditional communications data, driven by numerous changes, including the shift towards a hybrid work culture. As per the market analysis, the volume of traditional data generation recorded a surge of 104% during 2018-22, which is expected to favourably shape the SerDes market dynamics, as telecom companies rely on technologically advanced solutions for ensuring high data transfer speeds, and reliable communication.

Global SerDes Industry Segmentation

Global SerDes Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is expected to grow at a CAGR of 15.8%, thereby creating a favourable SerDes market outlook. This can be attributed to the rapid growth of the telecommunications industry and rapid advancements in equalisation technology. The increasing demand for higher data rates is also favouring the market dynamics.

Leading Companies in the Global SerDes Market

Other players included in the SerDes market report are Marvell Technology, Inc., Broadcom Inc., STMicroelectronics N.V, Renesas Electronics Corporation, NXP Semiconductors N.V, and Analog Devices, Inc., among others.