System-On-Chip (SoC) Market - Increase In The Demand Of Smarter And Power Efficient Electronic Devices

According to the research report, the global SoC market was valued at US$35.9 bn in 2014 and is poised to reach US$71.9 bn by 2021, registering a remarkable CAGR of 10.5% from 2015 to 2021. This growth rate is primarily the result of the growing demand for power-efficient electronic devices. Additionally, the plummeting costs of each function of integrated circuits (IC) and the rising demand for embedded graphics and multi-core technologies are also driving the growth of global SoC market. Currently, SoCs are being used for a wide range of purposes such as manufacturing wireless communication equipment, smartphones, electrocardiogram (ECG) telemetry devices, and automotive body electronics. The advancements in SoC technologies and growing manifestation of Moore’s law are also propelling the global SoC market.

The global SoC market is segmented on the basis of type, application, and geography. On the basis of type, the market is segmented into analog, digital, mixed signal, and others. The applications of SoC are seen in consumer electronics, telecommunication, automotive, and others. Geographically, this market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

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Research shows that the consumer electronics segment was the largest in 2014 and is likely to continue its dominance in the coming years. This growth will be due to the technological advancements in smart consumer electronic devices such as smartwatches, smartphones, and tablets. Furthermore, newer chip-scale configurations are being speedily developed as consumers are demanding electronic products that consume lesser power.

Geographically, Asia Pacific held a large chunk of the SoC market in 2014. This trend is expected to continue due to the high adoption rate of smart consumer electronics, rising number of internet users, and growing acceptance of connected devices in the region.

Some of the important players in the global SoC market are Toshiba Corporation, Apple, Inc., Broadcom Corporation, Freescale Semiconductor, Inc., Intel Corporation, Qualcomm, Inc., Infineon Technologies AG, MediaTek Inc., Samsung, Taiwan Semiconductor Manufacturing Co. Ltd., and STMicroelectronics N.V. The research report offers a detailed explanation of the competitive landscape of the market. Additionally, it also gives an exact analysis of the financial overview, research and development activities, product portfolio, investment outlook, and strategic mergers and acquisitions of these top players in the near future.

Transparency Market Research has published an extensive research report on the global System-on-Chip (SoC) market. This research report, titled “System-on-Chip (SoC) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” offers a holistic understanding of the subject. Furthermore, it also explains the trends and dynamics in the global SoC market, keeping in mind the political, economic, social, technological, legal, and environmental scenarios affecting the market. The report has been compiled using primary and secondary research methods and aims to help the readers in framing the right business strategies for better market penetration.

Browse the full System-on-Chip (SoC) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 report at http://www.transparencymarketresearch.com/soc-market.html

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