Multimedia Chipset Market 2018 Global Leaders: Marvell Technology Group, NVIDIA, Intel, Qualcomm, Cirrus Logic, DSP Group, MediaTek, NXP Semiconductors, STMicroelectronics

Market Research Future published a research report on “Multimedia Chipset Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

The worldwide multimedia chipset market size is estimated to expand at a CAGR close to 6% from 2017 to 2023 (forecast period), according to a report by Market Research Future (MRFR). Its valuation is expected to touch USD 30 Bn. by 2023 owing to increasing demand for internet protocol (IP) television. The evolution of networking technologies, easy access to the Internet, and the availability of smartphones are factors expected to drive market growth.

Drivers and Restraints

The milestones achieved by artificial intelligence have paved the way for technologies such as Internet-of-Things (IoT), robots, augmented reality, virtual reality, and hybrid reality. Miniaturization of electronic components have culminated to system-on-a-chip (SoC) solutions for various devices. SoC solutions are used in portable electronic devices with wide applications in healthcare, consumer electronics, and other industrial sectors. In 2018, DSP Group introduced chips to give voice to a virtual assistant created by Philio-Tech. The voice assistant is powered by ultra low energy (ULE) and powers up lights with the help of a voice command.

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Global Multimedia Chipset Market Segmentation:

The global multimedia chipset market is segmented into type, application, end users, and region. The type is sub-segmented into audio chipsets, graphics chipsets, and others. The application segment is sub-segmented into digital cable TV, set-top box & IPTV, home media players, handheld devices, and others. The end-users segment is sub-segmented into consumer electronics, IT and telecommunications, media and entertainment, government, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.

Key Players

Some of the prominent players in the global multimedia chipset market are NVIDIA Corporation (U.S.), Intel Corporation (U.S.), Realtek Semiconductor Corp (Taiwan), Qualcomm Inc. (U.S.), Cirrus Logic Inc. (U.S.), Advanced Micro Devices Inc. (U.S.), DSP Group, Inc. (U.S.), Apple Inc. (U.S.), Broadcom Corporation (U.S.), Marvell Technology Group, Limited (U.S.), Samsung Group (South Korea), Actions Semiconductor Co., Ltd. (China), MediaTek Inc. (Taiwan), NXP Semiconductors N.V. (Netherlands), STMicroelectronics (Switzerland), among others.

Regional Analysis:

The global multimedia chipset market is studied for the Asia Pacific, North America, Europe, and Rest of the World. In North America, the multimedia chipset market is gaining the highest market growth due to the increasing demand for graphics chipsets, used for delivering high definition picture quality on the system, are propelling the multimedia chipset market growth. Whereas, European countries are emerging as multimedia chipset markets due to the increasing demand for high-quality audio chipsets used in speakers and are expected to grow at the highest CAGR over the review period. Asia Pacific countries such as China, Japan, and India, are some of the leading regions in the globe in terms of market share.

Competitive Analysis:

The global multimedia chipset market appears to be extremely competitive. In order to target, segment, and position their sensors into the global market and to drive the market growth, the companies have to come up with the advanced technology solution to maintain themselves into the competitive landscape. The market leaders are investing in research and development for innovating their products continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, and cost-effective product portfolio.

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Intended Audience:

• Multimedia chipset companies
• Multimedia chipset providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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This release was published on openPR.