DEERFIELD BEACH., FL -- The growing requirement for mobility and connectivity in customer electronic products and rising demand for higher electronic systems in automobiles are expected to drive the semiconductor assembly and testing services over the next five years.
The global semiconductor assembly and testing services market is expected to reach $39 billion by 2021, a compound annual growth rate (CAGR) of 4.5% during the forecast period, says Market Research Engine.
In addition, increasing technological advancement is expected to fuel the growth of the semiconductor assembly & testing services market. However, the regulations regarding the use of environmentally-friendly products, fluctuations in exchange rate, and flux in the market are expected to hamper the growth of the market.
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