PUNE, India: PUNE, India, Jan. 21, 2025 /PRNewswire/ — Market Size Overview of Application Specific Integrated Circuits (ASICs) The market for Application Specific Integrated Circuits (ASICs) is experiencing significant growth. Valued at USD 17,581.25 million in 2023, it is anticipated to reach USD 30,988.25 million by 2032. This growth reflects a compound annual growth rate (CAGR) of 6.43% from 2024 to 2032. ASICs continue to gain traction across diverse applications due to their efficiency, customization, and performance benefits, positioning the market for sustained expansion over the forecast period.