System On Chip Global Market Analysis, Trends, Growth, Research And Forecast 2033

The new report published by The Business Research Company, titled System On Chip Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the system on chip market size has grown strongly in recent years. It will grow from $140.34 billion in 2023 to $152.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The system on chip market size is expected to see strong growth in the next few years. It will grow to $214.05 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15481&type=smp

Smartphone Adoption Fueling System on Chip Market Expansion
The increasing adoption of smartphones is expected to propel the growth of the system-on-chip market going forward. Smartphones refer to handheld electronic devices that combine the functionalities of a mobile phone with those of a computer, typically offering internet access, communication features, and a wide range of applications. The increasing adoption of smartphones is due to their versatility, providing access to communication, information, entertainment, and productivity tools in a compact, portable device. System on chip (SoC) integrates multiple electronic components, including processor, memory, and peripherals, onto a single chip, optimizing smartphone performance and power efficiency. For instance, in April 2022, according to the Department of Telecommunications under the Vietnam Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021, an increase of over 2 million at the end of March 2022, resulting in a total of 93.5 million subscribers, equivalent to 73.5% of the nation's adult population. Therefore, the increasing adoption of smartphones is driving the growth of the system-on-chip market.

Advancements In Artificial Intelligence Solutions Enhanced System On Chips Market
Major companies operating in the system-on-chip market are focusing on developing next-generation artificial intelligence solutions to meet the growing demand for high-performance computing and edge processing capabilities. Next-generation artificial intelligence solutions represent the forefront of advanced technology, leveraging cutting-edge algorithms and methodologies to tackle complex problems and drive innovation across various industries. For instance, in January 2021, Atlazo Inc., a US-based artificial intelligence system-on-chip semiconductors developer, launched the AZ-N1, an AI system-on-chip (SoC) tailored for compact smart devices. It uses an energy-efficient Artificial Intelligence and Machine Learning processor (Axon ITM) to address audio processing, voice recognition, health tracking, and sensor needs. With its notably low power consumption, augmented by a low-power CODEC supporting up to 4 microphones, alongside integrated battery charging, DC or DC regulators, and Bluetooth connectivity, the AZ-N1 excels in handling intricate tasks such as audio and biometric processing, as well as sensor signal interpretation.

The system on chip market covered in this report is segmented -

1) By Type: Digital System On Chips, Mixed-Signal System On Chips, Analog System On Chips
2) By Application: Home Appliances, Portable Electronic Devices, Advanced Driver Assistance Systems, Medical Devices, Radio-Frequency Devices, Power-Electronic Devices, Wired And Wireless Communication Devices, Wearable Devices, Other Applications
3) By End-Use Industry: Consumer Electronics, Automotive And Transportation, Information Technology (IT) And Telecommunication, Aerospace And Defense, Healthcare, Power And Utility, Other End Use Industries

Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15481&type=discount

Major companies operating in the system on chip market are Apple Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Sony Corporation, Taiwan Semiconductor Manufacturing Company Limited, Intel Corporation, Qualcomm, Broadcom Inc., Micron Technology Inc., NVIDIA Corporation, Toshiba Corporation, Advanced Micro Devices Inc., Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, onsemi, Marvell Technology Group Ltd., Arm Limited

Contents of the report:
1. Executive Summary
2. System On Chip Market Report Structure
3. System On Chip Market Trends And Strategies
4. System On Chip Market - Macro Economic Scenario
5. System On Chip Market Size And Growth
…..
27. System On Chip Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.