Market Research Future published a research report on “Global System on a Chip (SoC) Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

System on Chip Market - Overview

Globally the market for system-on-chip is expected to grow from USD 131.83 billion in 2017 to USD 207.21 billion by 2023, at a compound annual growth rate (CAGR) of 8.3% during the forecast period.

Major factors such as the increasing demand for smart, compact and power-efficient electronic device and rise in adoption of IoT based technologies is spurring the growth of system-on-chip market globally. However, high initial cost of design & development and maintenance is expected to hinder the growth of this market. The requirement for compact and scalable ICs in the global electronic industry is expected to bring numerous opportunities, thereby supporting the growth of the system-on-chip market during the forecast period. The market for system-on-chip has seen considerable growth due to rising applications in end-user industries, with smartphones application having the largest market share. Industries such as telecommunication, consumer electronics, and healthcare are also leading verticals in adopting system-on-chip technology so as to improve the performance of networking devices and biomedical devices.

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System-on-chip is an integrated circuit on which several electronic components are combined together such as transistors, control units, memory units, peripherals, and others, depending on the type of its application. It contains both hardware and software that results in better response time and efficient power consumption. SoC is an efficient way to enhance the performance of the device and helps to meet the ever-increasing computational demand. Also, due to the advancement in manufacturing process and availability of cost-effective silicon chip is expected to create better opportunities for many players in the semiconductor market.

Key Players

The prominent players in the System on a Chip Market are – Broadcom Corporation (U.S.), Infineon Technologies AG (Germany), Qualcomm Inc., (U.S.), Texas Instruments Inc., (U.S.), Intel Corporation (U.S.), Freescale Semiconductor, Inc., (US), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), STMicroelectronics N.V. (Switzerland) and Samsung (South Korea), among others.

Segments:

By type, the market is segmented into analog signal, digital signal and mixed signal.
By application, the market is segmented into consumer electronics, healthcare, telecommunication, automotive and others.
By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world
Regional Analysis

The global market for system-on-chip is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of system-on-chip market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

The Asia-Pacific region is expected to dominate SoC market owing to the rise in demand for advanced consumer electronics from countries such as China, India, South Korea, Taiwan and Japan. Also, North America is expected to have a strong growth in the system-on-chip market due to the increasing adoption of IoT-based technologies integrated with consumer appliances which is assumed to gain popularity over the forecast duration.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global System-On-Chip Market

Continued…

Know More about this Report @ https://www.reuters.com/brandfeatures/venture-capital/article?id=64229

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