Press release
System-on-Chip (SoC) Market to Perceive Highest Growth of USD 544.70 Million by 2029
System-on-Chip (SoC) are widely utilized for error prevention and cost-saving purposes across various industries including automotive, IT and telecommunication, consumer electronics and healthcare, among others. The hardware infrastructure include storage, computing, components, and networking.Get Full Report: https://www.databridgemarketresearch.com/reports/global-system-on-chip-soc-market
Global System-on-Chip (SoC) Market was valued at USD 282.56 million in 2021 and is expected to reach USD 544.70 million by 2029, registering a CAGR of 8.55% during the forecast period of 2022-2029. Consumer Electronics is expected to witness high growth in the end-use industry segment of the market owing to the penetration of smartphones. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
System on a chip (SoC) is defined as an integrated circuit (IC) that includes numerous electronic parts such as central processing unit (CPU), input and output ports (I/O Ports), internal memory, analog input, output blocks, and others. All these components are incorporated on a single and very small chip. System on chip (SoC) can perform numerous applications such as signal processing, wireless communication, use of artificial intelligence, and others.
The system-on-chip (SoC) market is analysed and market size insights and trends are provided by country, type and end-use industry as referred above.
The countries covered in the system-on-chip (SoC) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the system-on-chip (SoC) market because of increase in concern about the security of critical infrastructure and sensitive data within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of advanced technology in the region.
The system-on-chip (SoC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to system-on-chip (SoC) market.
Some of the major players operating in system-on-chip (SoC) market are
Google Inc (US)
Amazon Web Services, Inc. (US)
Advanced Micro Devices, Inc (US)
BitMain Technologies Holding Company (China)
Intel Corporation (US)
Xilinx (US), SAMSUNG (South Korea)
Qualcomm Technologies, Inc. (US)
NVIDIA Corporation (US)
Wave Computing, Inc. (US)
Graphcore (UK)
IBM Corporation (US)
Taiwan Semiconductor Manufacturing Company Limited (Taiwan)
Micron Technology, Inc. (US)
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