Hundreds of millions of basic electronic parts are now able to fit on one chip that is no larger than an average fingernail. Logic segment is observed to hold highest share in the segment due to enormous logic gate consumption in consumer electronic devices. In 2017, China imported 377 billion units of integrated circuits, with an increase of 10.1% YOY, and the import value reached USD 260.14 billion, with an increase of 14.6% YOY.This report may convey more information to readers:Kenneth Research considers that segments such as automotive electronics, industrial automation, internet of things and communications equipment have been the main driving force for China's integrated circuit market in recent years. Digital ICs are diversely used in numerous end user sectors that are classified into consumer electronics, automotive, aerospace and defense, IT & telecommunications, healthcare and others. The IC design in China still stands at a low level and makes single products. The main drivers for such growth arise from the increase in smart mobile devices and the rapid growth of emerging consumer electronics products such as drones.According to Kenneth Research's research, China's integrated circuit industry continues to develop after joining the WTO, but still far lags behind the global advanced level. The gap of technologies on packaging and testing between Chinese companies and International mainstreams is to be bridged. As the strategy of Made in China 2025 is carried out, the transformation and upgrading of the industry is accelerating, which drives the demand for integrated circuits. ICs are now used extensively in all walks of life, from cars to toasters to amusement park rides. Some fundamental ideas are likewise secured by reports, for example, item definition, its application, industry esteem chain structure and division which help the client to break down the market without any problem. The central government and a number of local governments have issued encouraging policies to foster the industry in fiscal revenue and infrastructure. Digital Integrated Circuit (IC) market is segmented on the basis of product, end-user, and region. At 360 Market Updates, our objective is to provide a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision-makers in finding the most suitable market research solutions under one roof. Photonic Integrated Circuit (PIC) technology is widely used to transfer huge amounts of data at a very high speed and find application in the field of optical fiber communications. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2027.Further, report consists of Porter’s Five Forces and BCG matrix as well as product life cycle to help you in taking wise decisions.