Press release
System-on-Chip Market 2020 - 2030: Product Experts Ideas from Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, STMicroelectronics N.V., Apple Inc., MediaTek Inc., and T
System-on-Chip (SoC) is an integrated circuit (IC) that consists of various components such as control unit, memory blocks, timing units, and interfaces mounted on one single chip. SoC is similar to the central processing unit (CPU) of the computer. For instance, it is compact in nature and occupies lesser space when compared with the CPU. The components of the SoC may vary depending on the intended use of it onto the device.System-on-chip (SoC) applications are majorly adopted in the Asia-Pacific region; thus, this region contributes to maximum revenue in the global market, followed by North America, Europe, and LAMEA. The global system-on-chip market is driven by the compact nature of SoC, surge in demand for smart and power-efficient electronic devices, and high penetration of IoT. However, high initial cost of design & development and maintenance hamper the market growth.
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The global system-on-chip market was valued at $117.2 billion in 2016, and is projected to reach at $205.4 billion by 2023, growing at a CAGR of 8.1% from 2017 to 2023. In 2016, the mixed-signal segment dominated the SoC type segment, in terms of revenue. Furthermore, based on application, consumer electronics led the global market, followed by telecommunications in 2016. However, the automotive segment is expected to witness the highest CAGR throughout the forecast period (2017-2023).
Key Benefits for Stakeholders:
oThis study comprises analytical depiction of the global system-on-chip market with current trends and future estimations to depict the imminent investment pockets.
oThe overall market potential is determined to understand the profitable trends to gain a stronger foothold.
oThe report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
oThe current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
oPorters Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.
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System-on-Chip Market Key Segments:
oBy Type
Digital
Analog
Mixed Signal
By Application
oConsumer electronics
Telecommunication
Automotive
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Key Market Players Profiled:
oIntel Corporation
oSamsung Electronics Co. Ltd.
oQualcomm Incorporated
oToshiba Corporation
oNXP Semiconductors N.V.
oBroadcom Limited
oSTMicroelectronics N.V.
oApple Inc.
oMediaTek Inc.
oTaiwan Semiconductor Manufacturing Company
oMagna International Inc.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" 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. 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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