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Advanced Packaging Market to Reach $119.4 Billion, Globally, by 2032 at 10.6% CAGR: Allied Market Research

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The global advanced packaging market has experienced growth due to several factors such as an increase in demand for miniaturization and expansion of the consumer electronics sector. 

Wilmington, Del., Aug. 7, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Advanced Packaging Market by Type (Flip chip CSP, Flip-chip ball grid array, Wafer level CSP, 2.5D/3D, Fan-out WLP and Others), End user (Consumer electronics, Automotive, Industrial, Healthcare, Aerospace & defense and Others), By (): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the advanced packaging market was valued at $48.5 billion in 2023, and is estimated to reach $119.4 billion by 2032, growing at a CAGR of 10.6% from 2024 to 2032.

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(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and COVID-19 Impact Analysis)

130 – Tables58 – Charts250 – Pages

Prime Determinants of Growth 

The notable factors positively affecting the advanced packaging market include increasing demand for miniaturization of devices and improved system performance and optimization of advanced packaging. However, problems regarding the high cost of advanced packaging technology hamper market growth. Moreover, emerging trends toward fan-out wafer level packaging are expected to offer huge opportunities for the advanced packaging market. 

Report Coverage & Details: 

Report Coverage 

Details 

Forecast Period 

2024–2032 

Base Year 

2023

Market Size in 2023 

$48.5 billion 

Market Size in 2032 

$119.4 billion 

CAGR 

10.6 %

No. of Pages in Report 

250

Segments Covered 

Type, End User, and Region. 

Drivers 

Increasing demand for miniaturizationGrowth in consumer electronics The expansion of IoT applications across various sectors, including industrial, healthcare, and smart homes 

Opportunities 

The growing adoption of electronic components in automotive applications Growth in Data Centers and Cloud Computing 

Restraint 

High costs associated with advanced packaging 

Segment Highlights

The demand for CSP flip chip ball grid array segment in advanced packaging market is driven by its superior performance characteristics, essential for high-performance and compact electronic devices. FCBGA technology offers excellent electrical and thermal performance, allowing for higher interconnection density, improved signal integrity, and efficient heat dissipation. These features are critical for applications in high-performance computing, mobile devices, and consumer electronics. The increasing demand for miniaturization, enhanced processing power, and energy efficiency in these devices fuel the growth of CSP FCBGA packaging solutions, meeting the evolving requirements of advanced semiconductor applications. 

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The demand for the consumer electronics segment in the advanced packaging market is on the rise due to the increasing need for compact, high-performance devices such as smartphones, tablets, wearables, and gaming consoles. Advanced packaging technologies like Fan-Out Wafer-Level Packaging (FOWLP) and Through-Silicon Via (TSV) enable miniaturization, improved power efficiency, and enhanced functionality, which are essential for modern consumer electronics. The rapid adoption of technologies such as 5G, IoT, and AI in these devices further drives the need for sophisticated packaging solutions that support higher processing speeds, better heat dissipation, and greater interconnection density, thus fueling market growth.

Regional Outlook 

In Asia-pacific, China attained the highest market share in the advanced packaging market due to strong semiconductor manufacturing infrastructure, substantial investments in research and development, and a strong focus on technological innovation. China is home to major semiconductor foundries and packaging companies that drive advancements in packaging technologies. In addition, the high demand for consumer electronics, automotive electronics, and telecommunication devices in the domestic market fuels the need for advanced packaging solutions. Government support through favorable policies and initiatives to boost the semiconductor industry further propels China’s leadership position in the advanced packaging market. 

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Key Players: – 

Amkor TechnologyIntel CorporationQualcomm Technologies Inc.Taiwan Semiconductor Manufacturing CompanyIBMMicrochip TechnologyRenesas Electronics CorporationTexas InstrumentsAnalog Devices

The report provides a detailed analysis of these key players in the global advanced packaging market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Recent Development: 

In October 2023, Advanced Semiconductor Engineering Inc. (ASE) announced the launch of its Integrated Design Ecosystem (IDE), a collaborative design toolset optimized to enhance advanced package architecture across its VIPack platform. This innovative approach facilitates a seamless transition from single-die SoC to multi-die disaggregated IP blocks, including chiplets and memory, for integration using 2.5D or advanced fanout structures. The IDE is designed to systematically boost the efficiency and effectiveness of advanced packaging, supporting the evolving demands of semiconductor technology. 

Key Benefits For Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the advanced packaging market analysis from 2024 to 2032 to identify the prevailing advanced packaging market opportunities.The market research is offered along with information related to key drivers, restraints, and opportunities.Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.In-depth analysis of the advanced packaging market segmentation assists to determine the prevailing market opportunities.Major countries in each region are mapped according to their revenue contribution to the global market.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.The report includes the analysis of the regional as well as global advanced packaging market trends, Advanced Packaging Company List,  Advanced Packaging Market Share by Companies,   Advanced Packaging Industry Report,  Advanced Packaging Sector Analysis,  Semiconductor Advanced Packaging,  Advanced Packaging Technology key players, market segments, application areas, and market growth strategies.

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Advanced Packaging Market Key Segments:

By Type

Flip chip CSPFlip-chip ball grid arrayWafer level CSP2.5D/3DFan-out WLPOthers

By End User

Consumer electronicsAutomotiveIndustrialHealthcareAerospace & defenseOthers

By Region:

North America (U.S., Canada, and Mexico)Europe (UK, Germany, France, Russia, and Rest of Europe)Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific)Latin America (Brazil, Argentina, and Rest of Latin America)Middle East and Africa (UAE, Saudi Arabia, and Rest of Middle East and Africa)

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Trending Reports in Semiconductor and Electronics Industry:

Semiconductor Packaging Market size is expected to reach $60.44 billion by 2030 from $27.10 billion in 2020, growing at a CAGR of 9.10% from 2021 to 2030

Consumer Electronics Packaging Market was valued at $22.1 billion in 2022, and is projected to reach $49.1 billion by 2032, growing at a CAGR of 8.4% from 2023 to 2032

Quad-Flat-No-Lead Packaging Market size was valued at $453.1 million in 2021, and is projected to reach $1.1 billion by 2031, growing at a CAGR of 8.8% from 2022 to 2031

Embedded Die Packaging Technology Market was valued at $69.2 million in 2021, and is projected to reach $370.7 million by 2031, growing at a CAGR of 18.3% from 2022 to 2031

Wafer Level Packaging Market size was valued at $4.5 billion in 2020, and is projected to reach $23.6 billion by 2030, growing at a CAGR of 18.8% from 2021 to 2030.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Inner City Visions releases a 24-hour virtual support center to combat Human Trafficking

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Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking. Inner City Visions (ICV) is a 501(c)(3) non-profit organization founded in 2007 in the epicenter of South Los Angeles. They engage what is statistically the most vulnerable population of at-risk and exploited youth and provide solutions to their ever-evolving hardships. Combatting human trafficking

LOS ANGELES, Jan. 8, 2025 /PRNewswire-PRWeb/ — Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking

Robert Rodriguez Co-Creator of Angilito App. “Sex Trafficking happens 24 hours a day. We need a tool that works 24 hours a day.”

Alfred Lomas, founder and Executive Director of Inner City Visions (ICV), and his team take the next step in expanding their initiatives through the creation of ‘Angelito’, an app that aims to prevent the exploitation of families and sex trafficking of at-risk children.

The community-based organization has created promising results of harm reduction at the epicenter of South Los Angeles and continues to operate and make societal improvements within that community. ICV’s anti-trafficking efforts have resulted in an 85% success rate based on a one-year programming retention process outcome (2017).

The organization’s work continues to expand as they propose a new, virtual outlet in support of victims facing risks of exploitation and sex trafficking.

‘Angelito’ aims to establish a safe space away from violence by using Artificial Intelligence (AI) for strategic assistance and to prevent harm ideation. The app serves as an easily accessible, virtual lifeline that provides 24-hour support for victims and trafficking survivors in order to reduce the high recidivism rates as a result of the existing gaps in other services. It consists of emergency response and critical care support, connectivity for high-risk trafficking survivors to essential services, algorithms supported to prevent harm ideation, data recovery for strategic interventions and prevention efforts and more.

‘Angelito’ is engineered to appear as a gaming app at first glance as a way to protect users from pimps and controllers. This hidden feature functions as a safety measure that will less likely draw a perpetrator’s attention, allowing a client to use it without the fear of getting caught.

The app highlights ICV’s unique ability to engage and connect with Commercial Sexual Exploitation of Children and Youth (CSECY). ICV aims to have ‘Angelito’ be available for installation through Apple IOS and Android applications and is set to be released in the fall of 2025.

Written by: Odessa Hairapetian

odessacelestt@gmail.com

(626) 223-0840

Media Contact

Inner City Visions

Email: info@innercityvisions.com

Phone: 323.484.0004

Media Contact

Cynthia Dinh, Inner City Vision, 1 323-484-0004, icvinfo@icvcommunity.org, https://innercityvisions.org/

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SOURCE Inner City Vision

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Schools Can Engage Families More Effectively and Improve Enrollment Through Strategic Technology Use, Says Info-Tech Research Group

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With increasing competition in K-12 Education to attract and retain students, a recently published blueprint from Info-Tech Research Group will provide schools with a clear path to optimising enrollment management. By focusing on key areas such as improving operational efficiency, reducing administrative workload, and enhancing family engagement, the global research and advisory firm’s new resource is set to equip schools with the tools needed to streamline processes and make informed decisions when it comes to leveraging the power of emerging technologies. With data-driven insights and practical strategies, IT leaders in schools can select the right enrollment system, ensuring long-term success and a better overall experience for students and families.

SYDNEY, Jan. 9, 2025 /PRNewswire/ — The K-12 educational sector is facing increasing competition as schools seek to attract and retain students while managing complex administrative tasks. Enrollment management systems play a critical role in addressing these challenges, yet schools often struggle to evaluate and implement the solution that best fits their unique needs.

Info-Tech Research Group released its latest blueprint, Optimise Enrollment Management for K-12 Education, to equip school IT leaders with the guidance they need to seamlessly integrate modern technology, enhance operational efficiency, and strengthen family engagement, ultimately optimising enrollment strategies for sustained success.

‘The educational sector is rapidly transforming as schools and districts invest in technology to enhance their enrollment processes,’ says Mark Maby, principal research director at Info-Tech Research Group. ‘Enrollment management systems offer comprehensive tools to simplify various aspects of the enrollment process, including application management, automated workflows, centralised data management, personalised communication, and document review.’

Info-Tech’s data-backed resource highlights common challenges schools and their districts encounter when evaluating and selecting an enrollment management system. Many institutions fail to fully recognise the long-term value these systems can provide, resulting in missed opportunities to enhance operational efficiency and improve the student and family experience. The process of selecting the right vendor adds another layer of complexity, as schools must carefully weigh features, costs, and scalability in their decision-making process.

‘Automated workflows manage tasks such as lotteries and wait lists, while centralised data management ensures secure and accessible student information,’ explains Maby. ‘Cloud-based solutions provide scalability and accessibility, allowing administrators to manage processes from any location.’

To ensure schools are equipped to overcome these challenges, the firm recommends a proactive approach that includes evaluating system scalability, automating processes, and aligning enrollment goals with broader institutional objectives. By assessing specific capabilities and future needs, schools can select enrollment management systems that offer both immediate and long-term benefits, ensuring smooth operations and a positive experience for students and their families.

Key Benefits of Effective Enrollment Management:

In the Optimise Enrollment Management for K-12 Education blueprint, Info-Tech highlights the following three key advantages of effective enrollment management that can significantly transform operations for educational institutions:

Improved Efficiency: Automating enrollment processes reduces administrative burdens while centralised data management ensures that all relevant information is secure and accessible from a single location. This approach results in streamlined communications and the elimination of redundant tasks, helping schools operate more smoothly while saving time and resources.

Enhanced Family Engagement: A user-friendly interface, automated notifications, and personalised communication options all culminate in an advantage that fosters stronger connections with families, ensuring they are informed and involved throughout the enrollment journey. This approach also promotes equitable access to essential resources, ensuring that families have all the information they need at their fingertips.

Data-Driven Decision-Making: Schools can leverage advanced reporting and analytics tools to monitor and gain actionable insights into enrollment trends, performance metrics, and areas for improvement. This data-driven approach enables better decision-making, allowing institutions to track and monitor progress effectively and adjust strategies as needed.

By leveraging Info-Tech’s comprehensive blueprint, schools and their districts can make well-informed decisions about selecting and implementing an enrollment management system tailored to their unique needs. With a focus on increasing operational efficiency, cost-effectiveness, and long-term growth, this guide will equip school IT leaders with the necessary tools to enhance their enrollment strategies and create a more streamlined and engaging experience for students and families.

For exclusive and timely commentary from Mark Maby, an expert in the educational sector, and access to the complete Optimise Enrollment Management for K-12 Education blueprint, please contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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Media Contact: Sufyan Al-Hassan, Senior PR Manager, Info-Tech Research Group, salhassan@infotech.com | +1 (888) 670-8889 x2418

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SOURCE Info-Tech Research Group

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AllenComm Recognized as a Top Content Provider for Leadership Development 2025 by eLearning Industry

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AllenComm — a leading provider of innovative, effective learning experiences — is named by eLearning Industry as one of the Top Content Providers for Leadership Development for 2025, earning a five-star rating.

SALT LAKE CITY, Jan. 8, 2025 /PRNewswire/ — The award-winning team at AllenComm, an innovator in learning advisory, design, tech and talent for the corporate learning and development market, has earned recognition and a five-star rating as a leading provider of leadership development services.

The list of top leadership development content providers named by eLearning Industry serves as an industry resource, directory and source of credible learning and development (L&D) information for organizations seeking expert-level support for their L&D programs.

In their announcement of the award, eLearning Industry noted: “It’s vital that you best equip new leaders with a secure footing as they begin their careers in management. … All the content providers on this top list can develop your top talents and core leadership skills with their courses and strategies. Besides, with their help, you can also improve employee retention and engagement, foster positive work relationships and encourage continuous professional growth within your teams.”

Ron Zamir, AllenComm President and CEO, commented, “Targeted leadership development — focused on the organization’s most critical needs — has always been a focus and passion for our team. Today, our toolkit is more flexible and effective than ever before, allowing us to inspire leadership at every level of the organization.”

You can learn more about AllenComm’s leadership development services by visiting their website.

If you would like to know more about any of the above information, please contact an AllenComm representative at info@allencomm.com.

About AllenComm  
For over 40 years, AllenComm has partnered with leading companies and nonprofit organizations to create and scale transformative learning solutions. Extensive instructional design experience, innovative learning technologies and agency-level creative teams enable AllenComm to stand out in the learning landscape. Considered one of the top firms of its kind in the country, AllenComm wins dozens of awards year after year for their solutions. Partnering with AllenComm to supplement and support human capital management needs has helped customers reduce expenses, shorten onboarding periods and raise the impact of their efforts.

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SOURCE AllenComm

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