Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the system on chip market provides in-depth analysis of segments and sub-segments in global as well as the regional system on chip market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional system on chip market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global system on chip market. According to the report, the global system on chip market is projected to grow at a CAGR of 11.30% over the forecast period of 2018-2024.
Market Insight
A system-on-a-chip (SoC) is a microchip with all the necessary electronic circuits and parts for a given system, such as a smartphone or wearable computer, on a single integrated circuit (IC). Its components usually include a graphical processing unit (GPU), a central processing unit (CPU) that may be multi-core, and system memory (RAM). An SoC is specially designed to meet the standards of incorporating the required electronic circuits of numerous computer components onto a single integrated chip. Instead of a system that assembles several chips and components onto a circuit board, the SoC fabricates all necessary circuits into one unit. The primary advantage of a system on a chip is the reduction of physical space required for the system by merging multiple components together.
SoC provides greater design security at hardware and firmware levels and provides faster execution due to high-speed processor and memory. These factors drive the growth of the System-On-A-Chip Market. In addition, the surge in demand for smart and power-efficient electronic devices is boosting the growth of the system on the chip market. Rising adoption of IoT and increasing demand for mobile computing devices has led to the significant rise in using SOC’s this, in turn, is driving the growth of the system on the chip market. However, High initial cost of design & development and maintenance is likely to restrain the growth of the system on chip market over the forecast period. Moreover, the adoption of SoCs in nanorobots and increased demand for embedded graphics is further providing several growth opportunities for the key players in the system on chip market growth. On the other hand, advancement in the manufacturing process and availability of cost-effective silicon chip for specific hardware is expected to create many opportunities for many players in the semiconductor market.
Among the geographies, Asia Pacific dominated the system on chip market followed by North America. The growth in the Asia Pacific region is due to the increase in acceptance of connected devices and increasing adoption of various end-user industries. Factors such as the increased demand for smart electronic devices and the increasing adoption of IoT-based technologies across a number of industry verticals have been some of the key growth factors for the growth of the Asia Pacific regions. North America is anticipated to show a significant growth rate, owing to the increasing adoption of consumer appliances.
Segment Covered
The report on the global system on chip market covers segments such as type, application and end use industry. On the basis of type, the global system on chip market is categorized into digital, analog and mixed signal. On the basis of application, the global system on chip market is categorized into smartphones, networking devices, pc/laptops, game consoles, and digital cameras. On the basis of end use industry, the global system on chip market is categorized into automotive, aerospace and defense, telecommunication, consumer electronics, healthcare and industrial.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
Companies Profiled:
The report provides profiles of the companies in the global system on chip markets such as Apple Inc., Broadcom Limited, Infineon Technologies, Intel Corporation, Qualcomm Inc, Samsung Electronics Co. Ltd, STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Co. Ltd, Toshiba Corporation, and MediaTek Inc.
Report Highlights:
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global system on the chip market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of system on chip market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the system on chip market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the system on chip market to understand the present and future trends in this market and formulate their strategies accordingly.
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