Market Overview:

Global SerDes Market size accrued earnings worth approximately USD 661.14 Million in 2023 and is predicted to gain revenue of about USD 2514.29 Million by 2032 is set to record a CAGR of nearly 16% over the period from 2024 to 2032.

A serializer deserializer (SerDes) is an important part of modern high-speed communication systems intended to convert parallel data into a serial (one-bit) stream of data and vice versa. It allows for tremendous point-to-point data transfer while keeping the cost and implementation complexity low as compared to wide parallel data buses. Most of the demand for SerDes comes from data centers, which currently have a throughput of 100 Gbps. With advancing technology, the requirement of higher bandwidth and enhanced signal integrity boosts the demand for SerDes that can run at gigabit-per-second and even terabit-per-second data rates.

The market growth is mostly driven by the growing data centre economy, advancements in networking technologies, emergence of AI applications, growing adoption of cloud computing, and increasing bandwidth needs globally. According to one survey, more than 60% of corporate data is stored in the cloud. According to the 2022 "Google Cloud Brand Pulse Survey" of over 1,900 global tech and business executives, 41.4% of executives focused on increasing their investment in cloud-based services and products. High-speed and reliable connectivity is essential for enterprises to employ cloud technology. Serializer-deserializer is an enabler for cloud computing infrastructure, particularly in the performance of high-speed data transmission in data centres.

Another prominent factor of increasing market size is that of a rapidly growing high-performance computing industry. During the COVID 19 outbreak, HPC played an important role in analysing enormous data sets as well as simulating complex biological processes linked with coronavirus. HPC applications, such as supercomputers, rely mainly on the serializer-deserializer technique to process large volumes of data between processors, memory modules, and accelerators within HPC clusters. Hence, as applications of HPC increase, serializer-deserializer solutions also rise to a significant extent.

Market Drivers

Growing Demand for High-Speed Data Transmission

Increasing use of advanced technologies like 5G, IoT, and autonomous vehicles have immensely increased the demand for high-speed data transfer and hence Serializer/Deserializer (SerDes) technology. These technologies create huge amounts of data that need to be transmitted at very high speed with minimal latency to ensure a seamless operation. The use of SerDes in 5G networks has become very essential to facilitate communication at a much faster speed among network infrastructure parts, like the base stations and servers, so that the internet can be transferred faster and in lower latency. In IOT, devices require SerDes for rapid exchange between sensors, processors, and cloud platforms for decision-making in real-time for smart cities and industrial automation. The data streams involved are quite massive, and autonomous cars require high-bandwidth communication for the real-time processing of such data streams. SerDes technology provides reliable, low-latency data transmissions in such applications. SerDes is therefore a building block of next-generation digital infrastructure.

Market Opportunities

Emergence of 6G Technology

Future communication standards will include 6G and beyond, which will in turn increase the requirement for high-speed serializer/deserializer solutions as they just keep pushing the speeds and network performance to their ultimate extremes. Ultra-low latency, massive device connectivity, and unprecedented data rates promised by these advanced standards are likely to drive future emerging technologies such as holographic communications, XR, and AI-driven networks. SerDes technology is a key enabler of these changes, as it enables data to be transported at high speed between network equipment, such as base stations and data centres to edge devices, to ensure very high-bandwidth communication. Increased demands over time for higher bandwidths and further reduced power utilization require efficient serialization and deserialization of data. Furthermore, high frequency millimetre-wave and terahertz communication in 6G will require advanced SerDes architectures that can handle faster data streams with minimal loss of the signal. SerDes technology is part of the digital transformation as it fulfils the arduous demands of future communication systems.

Market Restraining Factors

Challenges in Designing and Testing High-Speed SerDes Solutions

High-speed Serializer/Deserializer solutions are a complicated task demanding high specialty expertise and advanced tools for the design and testing, which results in longer development cycles. As rates increase, it becomes critical to maintain signal integrity with minimal power consumption and low latency. Engineers need to address EMI, signal loss, and jitter while operating at higher frequencies. SerDes design and development requires high-level simulation tools for modeling and optimizing performances across different scenarios. Furthermore, it is important that high-speed SerDes solutions be adequately tested to deliver performance and reliability, which requires some high-tech equipment including oscilloscopes, BERTs, and protocol analysers. In addition, the ever-evolving nature of communication standards requires continuous innovation; hence, developers need to continuously update on state-of-the-art technologies and methodologies, which extends the period taken in developing.

Segmentation Analysis

The market scope is segmented because of by Type, by Application, by End-User, by Region.

By Type

Based on the Type of the market is segmented into Standalone SerDes, Integrated SerDes, ASIC-based SerDes.

SerDes integrated dominates the market share since for most applications it is implemented on System on Chips (SoCs) which reflect a compact efficient way of information transmission. All such implementations that are integrated guarantee that serializer and deserializer remain on one single chip thus even saving space while conserving consumption of power yet offering high speed data communication. It has been widely integrated into processors, GPUs, and communication systems. For instance, in smartphones and data centres, space and energy efficiency are essential. For example, an integrated SerDes in a smartphone SoC enables the fast exchange of data between the processor and other components like memory and display without requiring extra external modules.

The Stand-alone SerDes works independently, usually high-performance systems requiring special configurations or scaling. This normally applies to the data centres, and it will benefit with flexibility in the high-speed communication between the servers and the network equipment.

ASIC-based SerDes solutions are for special applications such as inside an autonomous vehicle or specifically for telecom equipment. With optimized performance, the costs of designing them are higher, and their development cycle time is longer.

By Application

Based on the Application of the market is segmented into Data Centres, Automotive, Telecommunication, Consumer Electronics, Industrial Automation.

Data Centres are currently dominating the SerDes market as there is an increasing demand for high-speed, high-bandwidth data transmission in support of cloud computing, big data analytics, and storage systems. SerDes technology is fundamental to the efficient flow of data between servers, switches, and storage devices. For example, in a data center, high-speed SerDes interconnects servers so that data can be transferred quickly and latency minimized, which is critical in handling huge volumes of data.

In the auto world, SerDes plays a fundamental role in ADAS and autonomous vehicles, delivering rapid communication between sensors, cameras, and processing units. Data transmitted from LiDAR sensors in an autonomous vehicle to on-board computers for time-critical decision-making would rely on SerDes.

SerDes plays a significant role in making 5G infrastructure possible, which transfers data extremely fast from one network device to another such as base stations, routers, and backhaul systems. Consumer electronics use SerDes in smartphones, tablets, and gaming consoles for the smooth transmission of data among its various components such as processors, displays, and memory.

Industrial automation is also in the role of SerDes and allows IOT devices, sensors, machines, for better communications in smart factories, warehouses, or manufacturing environments.

Regional Snapshots

By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. North America is believed to be dominated by the largest share due to well-established IT and telecom sector across the region along with increased implementation of advanced technology in vehicles as well as there are key market players. This has helped in maintaining the market leadership of U.S. in that region due to increasing number of data centres driven robust demand for the cloud-based services and products. At present, the U.S. itself is the world hub for the data centre industry where serializer-deserializer plays an important role in linking and passing data both within and between such data centres.

The Asia Pacific market will be showing the highest growth rate in the forecast period. The growth of the market in this region is ascribed to increasing cloud adoption, rapid 5G rollout, and growing demand for high-speed internet. Asia Pacific is among the first movers in adopting 5G; of course, by 2023, as many as 11 countries across this region have announced availability, including India and China, South Korea, Japan, Australia, New Zealand, Malaysia, Indonesia, the Philippines, Singapore, and Thailand.

The primary drivers of the growth in Europe are the expansion of data centres and increasing demand for reliable and high-speed internet connectivity within various industries. According to Jones Lang LaSalle IP, Inc., the highest demand for data centre capacity for the April-June 2023 period was recorded at 114MW in Europe.

South America is the second fastest growing market. Growth in the telecom sector as well as rapid data centre development fuels market growth in this region. Brazil is expected to lead the market in this region on account of the presence of the highest number of data centres. The Middle East & Africa (MEA) region is significant, driven by growing government initiatives to boost digital infrastructure and developing economies.

List of Companies Profiled

• Synopsys, Inc.(U.S.)
• Lattice Semiconductor (U.S.)
• Texas Instruments Incorporated (U.S.)
• Marvell (U.S.)
• Cadence Design Systems, Inc.(U.S.)
• ALPHAWAVE SEMI (Canada)
• Broadcom Inc.(U.S.)
• STMicroelectronics
• Renesas Electronics Corporation
• NXP Semiconductors.

Report Coverage

The report will cover the qualitative and quantitative data on the Global SerDes Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Regional Snapshots:

The global Serdes market is expected to experienced growth in all regions, including North America, Europe, Asia Pacific, Latin America and Middle east and Africa. Here is some information on the market in each of these regions.

North America: The North American Serdes market is one of the largest and most mature markets globally, driven by the widespread adoption of high-speed data transmission in industries such as telecommunications, data centers, and consumer electronics. The US is the largest market in the region, accounting for a significant share of the overall market due to the presence of major semiconductor manufacturers and high-tech industries.

Europe: The European Serdes market is also a significant market globally, driven by the increasing adoption of advanced technologies such as 5G and the Internet of Things (IoT). Germany is the largest market in the region, with a significant presence of automotive and industrial manufacturers that use Serdes technology.

Asia-Pacific: The Asia-Pacific Serdes market is the fastest-growing market globally, driven by the rapid industrialization and digitalization of the region. China is the largest market in the region, accounting for a significant share of the overall market due to the large-scale adoption of advanced technologies in the country.

Latin America: The Latin American Serdes market is a growing market, driven by the increasing adoption of advanced technologies in industries such as telecommunications and consumer electronics. Brazil is the largest market in the region, with a significant presence of automotive and industrial manufacturers that use Serdes technology.

Middle East & Africa: The Middle East & Africa Serdes market is a developing market, with significant growth potential in industries such as telecommunications and data centers. The UAE and South Africa are the largest markets in the region, with a growing presence of high-tech industries and a growing demand for advanced technologies.

Serdes Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase

• To gain insightful analyses of the Serdes market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the Serdes market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the Serdes market. Besides the standard structure reports, we also provide custom research according to specific requirements.

Research Scope of Serdes Market

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Billion

Serdes Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: