GPIO Expanders Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030.
The global GPIO expanders market was valued at approximately USD 1.2 billion in 2022, reflecting a steady growth trajectory. With a compound annual growth rate (CAGR) of 6.8%, the market is projected to reach around USD 1.7 billion by 2027. This growth is primarily driven by the increasing demand for electronic devices and automation solutions across various industries, including consumer electronics, automotive, and industrial sectors. The expanding application of GPIO expanders in enhancing connectivity and control functionalities in electronic systems contributes to this upward trend.
Opportunities in the GPIO expanders market are substantial, particularly in emerging markets where technological advancements and industrialization are on the rise. The growth of the Internet of Things (IoT) and smart devices is creating new avenues for the deployment of GPIO expanders, further accelerating market expansion. Regions such as Asia-Pacific and Latin America are anticipated to experience significant growth due to rising investments in infrastructure and increasing adoption of automation technologies. These factors are expected to drive substantial market opportunities and fuel the overall growth of the GPIO expanders market in the coming years.
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NXP Semiconductors
Maxim Integrated
Microchip Technology
Maxlinear
Texas Instrument
Lattice Semiconductor
Analog Devices
Silicon Laboratories
Nexperia
On Semiconductor
STMicroelectronics
Semtech
Cypress Semiconductor
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global GPIO Expanders Market
Mobile Phone
Camera and Video Equipment
Portable Gaming Equipment
Laptop
Based on Types the Market is categorized into Below types that held the largest GPIO Expanders market share In 2023.
Quasi-bidirectional GPIO
LED PWM Open-drain GPIO
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global GPIO Expanders Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global GPIO Expanders Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global GPIO Expanders Market, By Type
6. Global GPIO Expanders Market, By Application
7. Global GPIO Expanders Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global GPIO Expanders Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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