Global Serializer/Deserializer (SerDes) Market Size By Type(stand-alone SerDes and SerDes IP core), By End-User(data center, storage & networking, automotive), By Geographic Scope And Forecast

Serializer/Deserializer (SerDes) Market Size And Forecast

Serializer/Deserializer (SerDes) Market size was valued at USD 1.68 Billion in 2024 and is projected to reach USD 2.86 Billion by 2031, growing at a CAGR of 12.28% from 2024 to 2031.

Serializer/deserializer (SerDes) industry is being driven by end users’ demand for speedy data connections to download and stream HD movies, as well as exchange large datasets without any hassles. The Global Serializer/Deserializer (SerDes) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Serializer/Deserializer (SerDes)?

As our networks explode in size, all those hungry microprocessors and awesome multimedia gadgets are making us scratch our heads"How do we boost data speeds and keep things humming?" We've been using the old standbys – cranking up the frequency, pipelining, and widening the bus – but they're throwing us some curveballs in terms of design. That's where serializers/deserializers (SerDes) come to the rescue! Think of a serializer/deserializer (SerDes) as a smart little circuit or chip that snatches data from your system on a chip (SOC), turns it into a super-speedy serial stream, and sends it flying across a high-speed link. Then, it flips around and converts that serial data back into something your SOC gets. You'll often find multiple serializer/deserializer (SerDes) interfaces working side-by-side. A SerDes typically has a clock multiplier, a bunch of "lanes," and a physical coding subblock – all teaming up to get your data zipping along. You can learn more here.

Think of a SerDes (serializer/deserializer) as your data's personal interpreter, keeping everything punctual with a clock multiplier. It communicates through "lanes"—typically two or four—managing all the inputs and outputs for the serial connection. It even has a clever physical coding trick to transform data from a parallel format. The main goal of a SerDes is to slim down the number of data pathways and wires needed to transmit information from one point to another. It's not just about moving data faster; it also conserves bandwidth! You'll find a bunch of different SerDes flavors out thereparallel clock, embedded clock, 8b/10b SerDes, bit interleaved SerDes, the list goes on. And these handy devices pop up everywhere in telecom and storage, like in fiber channels, SONET, Ethernet, and many other applications.

Global Serializer/Deserializer (SerDes) Market Overview

As the amount of data generated grows, there is a greater demand for better data rates and transfer, resulting in the development of next-generation SerDes. Serializer/deserializer (SerDes) industry is being driven by end users’ demand for speedy data connections to download and stream HD movies, as well as exchange large datasets without any hassles. Also, the increased interest among end-users in the implementation of 5G technology is propelling the serializer/deserializer (SerDes) industry forward. There continues to be rising implementation of quicker serializer/ deserializer (SerDes) market for more efficient data centers.

So, all these new data centers and the buzz about quantum computing are seriously cranking up the demand for SerDes chips! They're basically the unsung heroes making data transfer happen faster and cheaper. As our networks explode in size, we desperately need microprocessors and multimedia tech that can handle insane amounts of bandwidth to keep things moving forward. Just cranking up the frequency or widening those bus interfaces is a recipe for a design disaster. That's why everyone's getting on board with the serializer/deserializer trend! There's just so much data these days that simply moving it around is causing major bottlenecks. Plus, all that data movement is a serious power drain, so finding a more efficient way is critical. That's why you'll often see data centers blending older equipment with the latest processors and memory, often relying on faster network connections powered by SerDes (serializer/deserializer) technology.

Okay, so the COVID-19 pandemic, wow, it really shook up the industrial and manufacturing scene. Practically every part of the consumer electronics and communication industries felt the pinch trying to make and ship things. Just like everything else, the SerDes market got walloped because of all the lockdowns and new guidelines. You gotta remember, China and Taiwan, huge when it comes to SerDes production, were hit hard by COVID. That meant way less stuff being made and sent out. Of course, the SerDes market value dipped. And top customers like data centers, the car industry, and even the folks making consumer electronics and optical fiber communication, they all had to take it slow. All that together seriously put a brake on the SerDes market's growth.

Additionally, the developments are being carried out to enable a SerDes in smart devices with lower power modes, as power conservation is a major concern for customers. For the majority of customers, battery life is the most important factor. Additionally, for critical applications, the latency rate of the devices is also taken into account. As a result of these issues, the manufacturers have decided to change the architecture. Increased investments in the SerDes industry are supporting these changes, resulting in a global increase in SerDes market value.

Global Serializer/Deserializer (SerDes) Market Segmentation Analysis

The Global Serializer/Deserializer (SerDes) Market is segmented based on Type, End-User, and Geography.

Serializer/Deserializer (SerDes) Market, By Type

• Stand-Alone SerDes• SerDes IP Core

Okay, so the market has two main flavors of SerDesthe stand-alone kind and the SerDes IP core variety. These SerDes IP solutions are all about finding that perfect balance between speed, energy efficiency, and size – exactly what your phones, gadgets, and even office networks are screaming for. And get this – they speak all the right languages, like MIPI, USB, Ethernet, and PCIe. Need it for a phone that sips battery? Got you covered. Building a powerhouse server? No problem. This multi-protocol PHY is there for you. To top it off and keep your System-on-Chip (SoC) running smoothly, it's bundled with a Cadence controller and a whole toolbox of testing goodies. We're talking low-power, minimal energy waste, a flexible lane system with support for multiple protocols and connections, and test features galoreBIST, SoC isolation, scan, loopbacks, even a built-in eye plotter.

Serializer/Deserializer (SerDes) Market, By End-User

• Data Center• Storage & Networking• Automotive• Consumer & Enterprise• Cloud Computing• Others

So, who are the customers? It's a mixdata centers, storage & networking folks, the automotive industry, everyday consumer and enterprise users, cloud computing providers, and a few others besides. And here's the kickerremember how slim and powerful smartphones are these days? They're a HUGE driver of SerDes demand! We're also seeing it in TVs, laptops, and, yep, smartphones again. It's not always easy, though. The engineers are grappling with things like keeping energy consumption low and cutting down on noise when transferring data in these tiny devices. Just consider that back in 2020, there were 2.87 billion smartphone users! Now, GSMA reports that 67.08% of the planet owns a mobile phone. These design challenges could create some roadblocks, but new and emerging technologies could actually unlock even more growth in the future.

Serializer/Deserializer (SerDes) Market, By Geography

• North America• Europe• Asia Pacific• Rest of the World

Based on Geography, the Global Serializer/Deserializer (SerDes) market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The market is dominated by North America, which is expected to develop at the fastest CAGR in the coming years. This is because North America, particularly the United States, is the hub for several SerDes vendors, Maxim Integrated, Texas Instruments, and Intesil (Renesas) are only a few of them.

Furthermore, Because of the increasing acceptance of SerDes in data centers and almost every application from televisions, laptops, and smartphones, North America is predicted to dominate the worldwide SerDes market with the biggest market share in terms of profits in the total market. The acceptance of technological advancements in various fields has increased the consumption of data centers in recent years. The utilization of smart gadgets is also one of the elements driving SerDe’s demand due to its various advantages.

Additionally, due to the rising number of populous countries in the region, and many of them successfully footing towards more technologically advanced countries, the Asia Pacific is predicted to be a rising region in the SerDes market. Furthermore, The Asia Pacific region will progressively advance in so many industries, which will propel the SerDes market in this region, such as telecommunications and information technology, manufacturing, automotive, military and defense, aerospace, and healthcare. SerDes is extensively used in cellphones, computers, and aerospace applications.

Key Players

The study of the “Global Serializer/Deserializer (SerDes) Market” will provide useful information with a focus on the global market. The major players in the market are Faraday Technology, Maxim Integrated, Texas Instruments, NXP, ON Semiconductor, Avago (Broadcom), STMicroelectronics, Cypress, and ROHM Semiconductor, Semtech, Vitesse (Microsemi), Intesil (Renesas), and among others.

The competitive landscape section also consists of market share, key development strategies, and market ranking analysis of the above-mentioned players globally.

Key Developments

• The MIPI Alliance has introduced MIPI-A-PHY v 1.0 which is considered the first automotive long-reach SerDes. The SerDes is capable of offering high-speed unidirectional data and a series of full-stack connectivity solutions that also enable end-to-end security and functional safety for varied applications that integrate ADAS, IVI, and ADS. Some of the beneficiary features include higher reliability, higher resilience, higher performance, lower latency, and efficient support over cable as well.

• Rambus Inc. has announced the SerDes PHY. This is designed to serve the data centers which require higher performance, and in the 5G infrastructure applications for high-speed communications.

Report Scope