Global System-on-Chip (SoC) Market

Posted by Suraj on July 30th, 2019

A system on a chip is microchip that combines all the components of electronic and computer systems. Its substrate system usually consists of mixed signal, analog, digital and radio frequency functions. They are widely used in applications such as healthcare, automotive, consumer electronics, telecommunication and others. They consist of both hardware and software which is the main reason for their reliability. Increasing prevalence for multicore technologies is the factor fuelling the growth of this market.

Market Analysis: Global System-on-Chip (SoC) Market

Global system-on-chip (SoC) market is set to witness a healthy CAGR of 15.12% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand of compact and scalable ICs and growing electronic industry is the factor fuelling the growth of this market.

Top Market Competitors

Few of the major competitors currently working in the global system-on-chip (SoC) market are Apple Inc., Broadcom, NXP Semiconductors., Intel Corporation, MediaTek Inc., Qualcomm Technologies, Inc., SAMSUNG, Taiwan Semiconductor Manufacturing Company Limited, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Microchip Technology Inc., Texas Instruments Incorporated, Infineon Technologies AG, Semiconductor Components Industries, LLC., Maxim Integrated, NVIDIA Corporation, ARTERIS, INC., UltraSoC Technologies Ltd. and among others. 

Segmentation: Global System-on-Chip (SoC) Market

•          Global System-on-Chip (SoC) Market By Type (Digital, Analog, Mixed Signal, Others)
•          End- Use Industries (Automotive, Aerospace and Defense, Telecommunication, Consumer Electronics, Industrial, Healthcare, Others)
•          Application (Smartphones, Networking Devices, PC/Laptops, Game Consoles, Digital Cameras, Others)
•          Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Drivers:

•          Increasing adoption of IoT is the factor driving the market growth
•          Rising demand for smart and power- efficient electronic devices is the factor driving the growth of this market
•          Growing demand for multicore technologies will also propel the market growth
•          Increasing adoption of SoC in robotics will also drive the growth of this market
•          Compact nature of the SoC will also contribute as a factor for the market growth

Market Restraints:

•          High investment cost will also restrain the market growth
•          Complexity associated with the IP cores which is the major challenge for SoC designer is another factor hampering the market growth

The Detailed statistical analysis data is given or represented in Tabular format, Pie Charts, Graphs. Get Free Sample Report Copy of System-on-Chip (SoC) Market @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-system-on-chip-soc-market

Competitive Analysis

Global system-on-chip (SoC) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of system-on-chip (SoC) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.