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System on Chip (SoC) Market Global Analysis By Key Players – Broadcom, Infineon Technologies, Qualcomm, Inc., Toshiba Corporation, Huawei Technologies
System on Chip (SoC) Market
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Growing demand for low power consumption devices will provide an impetus to the SoC market growth. Industrial sectors depend on advanced energy-efficient technologies for reducing their overall cost & expenses. The rising environmental concerns in these industries are encouraging the adoption of such technologies. Several components are integrated into the electronic arrangements to develop a circuit that will provide advanced energy-efficient solutions. Technological advancements and innovations in smart devices are driving the demand for these electronic chips. Manufacturers in the SoC market are developing advanced solutions that can be integrated into these products for providing smart features.
Consumer electronics accounted for the majority of the industry share in the SoC market. The components when incorporated help device manufacturers in developing smarter and cost-effective product designs and provide flexibility, processing performance, and headroom for delivering advanced revenue-generating products & services. Several smart functions and features provided by the manufacturers in their electronic appliances add value to the offerings and deliver sophisticated solutions to the consumers. For instance, Intel developed CE 2110 media processor that has a complete SoC architecture and powers new generation devices such as networked media players, entertainment services, and digital set-top boxes.
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Mixed signal technology is witnessing a high adoption in the SoC market owing to growing applications of these components in several industrial sectors. The applications of these components are growing in several industrial sectors such as consumer electronics, healthcare, and computers & ICT. Several advantages of these components are high efficiency, smaller form factor, and reduction of electromagnetic interference. Manufacturers are engaged in integrating the technology to provide advanced and efficient electronic solutions to the customers. Such technological advancements and innovations in the consumer electronics sector will propel the SoC market growth.
Key players operating in the SoC market are Broadcom Ltd., Apple, Inc., Intel Corporation, Infineon Technologies, Samsung Electronics, Co., Ltd., Qualcomm, Inc., STMicroelectronics N.V., Toshiba Corporation, Taiwan Semiconductor Manufacturing Co., Ltd., Mediatek, Inc., Huawei Technologies, and Spreadtrum Communications.
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