System on Chip Market 2021 Share, Size, Growth, Sales, Competitive Landscape and Business Opportunities Analysis 2023

According to a recent report published by Allied Market Research, titled, System-on-Chip Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, 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.

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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Allied Market Research recently published a report titled, “System-on-Chip Market: Global Opportunity Analysis and Industry Forecast 2020-2027’’.The market report presents the top factors and market trends that are real behind the growth of the market. It also offers an extensive study of evolving market dynamics, top investment pockets, key sections, competitive scenarios, value chain, and major investment prospects. These figures and data are helpful for startups, stakeholders, investors, and the key market players to obtain useful understandings and visions on the market and implement necessary strategies based on the same.

Competitive Analysis:

Leading market players profiled in the global System-on-Chip Market report include Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, STMicroelectronics N.V., Apple Inc., MediaTek Inc., and Taiwan Semiconductor Manufacturing Company Limited.

These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, colla`borations, and new product launches to strengthen their position in the industry.

Industry Updates :

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).

Covid-19 Impact on the Global System-on-Chip Market:

System-on-Chip Market Research Report offers an outline of the market based on basic parameters such as market size, sales analysis, and key drivers. The market is expected to expand on a large scale during the forecast period (2021-2024). This report includes COVID-19 impacts on the market. The unprecedented arrival of the coronavirus pandemic (COVID-19) has troubled the complete lifestyles. This in turn has affected some of the market situations along with introducing new norms. The broad view of the research report, therefore, provides the users with the total impacts of covid19 on the industry and the market players.

COVID-19 Scenario:

Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.

However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

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System-on-Chip Market Segmentation:

The system-on-chip market is segmented based on type, application, and region. The types covered in this report include digital, analog, and mixed signal. Based on application, the system-on-chip market is divided into consumer electronics, telecommunication, and automotive. The regions analyzed in this report are North America, Europe, Asia-Pacific, and LAMEA.

System-on-Chip Market Geographical Analysis:

The report also provides a regional analysis of the market along with the competitive setting in each region. The research report encompasses regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These segmentations aid the market players in framing respective tactics, thus leading way to lucrative opportunities to attain their objectives.

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System-On-Chip Key Market Segments:

By Type
Digital
Analog
Mixed Signal

By Application

Consumer electronics
Telecommunication
Automotive

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. High-to-moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers

3.4. KEY PLAYER POSITIONING (2016)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Compact nature
3.5.1.2. Surge in demand for smart and power-efficient electronic devices
3.5.1.3. Rising adoption of IoT

3.5.2. Restraint

3.5.2.1. High initial cost of design & development and maintenance

3.5.3. Opportunity

3.5.3.1. Rising demand of compact and scalable ICs in global electronic industry

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AMR (Allied Market Research) is an end-to-end market research and business-consulting annex of Allied Analytics LLP based in Portland, Oregon. AMR takes pride in offering global enterprises as well as SMEs with market research reports and business intelligence solutions that are nonpareil in nature. AMR comes up with a well-targeted view to deliver rich business insights help its clientele make tactical business choices and accomplish viable growth in their respective market sphere.

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