“Chip design projects that once cost a few tens of millions of dollars a decade ago, have climbed as much as $200 million,” according to the Global Semiconductor Alliance (GSA). Challenges will only continue in the future as new technology arises. Artificial Intelligence (AI). The Internet of Things (IoT). Quantum Computing. 5G. Robots. Smart Cities. These are just a few areas influencing the semiconductor ecosystem. Add to that, an increased demand from both consumers and businesses for faster speed, higher functionality, and low-power, “greener” devices. The intelligent chipsets of today — and tomorrow — do more.
As the world continues transitioning from an application-centric one to a data-first model, it is only a matter of time until almost all data will be generated — and consumed by —machines. For the semiconductor industry, this is good news. The global market is predicted to grow to $90.8 billion U.S. dollars by 2024, according to Market Watch. By 2030, forecasters expect it to reach $1 trillion.
Many semiconductor firms across the globe are accepting the Open Source approach. And many industry leaders are joining our community, realizing the plethora of benefits derived from Open Source innovation and collaboration.