The system on a chip (SoC) is an integrated circuit (IC), which include various electronic parts such as control unit, input and output ports (I/O Ports), interfaces, internal memory, and timing units, that are embedded on single small size silicon chip. Moreover, the system on a chip offers several advantages that include, small space, high performance, low cost, low power consumption, compact design, etc. as compared to multi-chip circuits. Due to all these benefits, system on a chip are used in various applications such as digital signal processor, embedded systems, video camera, mobile devices (smartphones, laptops, tablets, and others), set-top box, portable media devices, and others.
The global system on a chip (SoC) Market was valued for US$ 1,40,985.6 Mn in 2021.
Market Dynamics
The increasing demand for smart television is expected to drive the demand for system on a chip market over the forecast period. The television industry is going through a major shift, and its rapidly adopting internet of things (IoT) technology for new TV models. These smart televisions offers various facilities such as the internet connectivity, voice control, contains suggestions such as movies using AI and machine learning technology, and others. In order, to provide these facilities, TVs are embedded with system on a chip. For instance, according to Coherent Market Insights analysis, Samsung 4K model is equipped with 4K UHD Processor chip and Xiaomi's models is equipped with ARM Cortex-A53 system on chips. Moreover, online streaming is gaining popularity all over the world. For instance, according to Coherent Market Insights analysis, the global video streaming market is estimated to exhibit a 22.3% CAGR during the forecast period 2019-2027. Moreover, to stream content on TV, TV should be smart TV or should be attached to a smart set-top box. In both of these cases, system on a chip is required in a set-top box or in the smart TV. Thus increasing demand for smart TV and smart set-top box are expected to drive growth of the global system on a chip (SoC) market over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global system on a chip (SoC) market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global system on a chip (SoC) market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered in the global system on a chip (SoC) market include Apple Inc., Huawei Technologies Co. Ltd., MediaTek Inc., Qualcomm Technologies Inc., Samsung Electronics CO. LTD., Intel Corporation, STMicroelectronics N.V., Toshiba Corporation, NXP Semiconductors N.V., and Broadcom Inc. among others.
- These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global system on a chip (SoC) market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global system on a chip (SoC) market
Detailed Segmentation
- Global System on a Chip (SoC) Market, By Type:
- Digital
- Analog
- Mixed Signal
- Global System on a Chip (SoC) Market, By End-use Industry:
- Automotive
- Aerospace and Defense
- IT & Telecommunication
- Consumer Electronics
- Industrial
- Healthcare
- Others
- Global System on a Chip (SoC) Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Apple Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Huawei Technologies Co. Ltd.
- MediaTek Inc.
- Qualcomm Technologies Inc.
- Samsung Electronics Co. LTD.
- Intel Corporation
- STMicroelectronics N.V.
- Toshiba Corporation
- NXP Semiconductors N.V.
- Broadcom Inc.
"*" marked represents similar segmentation in other categories in the respective section.