The North America Advanced Packaging Market to Grow
A new report from Graphical Research says the availability of compact devices with superior functionality is driving growth in the North America advanced packaging market, which crossed $3 billion in 2019 and is predicted to reach $5 billion by 2026, with a 7% CAGR.
The report finds high-end technologies including artificial intelligence (AI), IoT, 5g and photonics will impact the demand for advanced packaging, which is expected to grow amongst IDMs and foundry suppliers. Benefits including smaller footprint, lower power consumption and superior chip connectivity will also support the growth of North America advanced packaging market.