August 7 2020
Market Research Future published a research report on “System on a Chip Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
The system-on-chip market 2020 is expected to witness the entry of new product launches. Innovation is likely to drive the growth of the market in the foreseeable future. A report presented recently by Market Research Future (MRFR) has suggested that the global system-on-chip market is supposed to mark 8.3% CAGR over the forecast period. Increasing adoption of IoT based technologies is supposed to augment the market in the upcoming years. The MRFR report also indicates that the system-on-chip market size is supposed to value at USD 207.21 Bn by 2023, rising from USD 131.83 Bn in 2017.
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System-on-chip is an IC, integrated circuit, used in electronic devices. Rising demand for scalable and compact ICs in the electrical and electronics industry is poised to influence the system-on-chip market favorably. In system-on-chip IC several electric components such as transistors, control units, peripherals, memory units, etc. are combined together depending on applications. It encompasses both software and hardware which helps in the achievement of better response time. Furthermore, the product offers efficient consumption of power. These factors are presumed to drive the growth of the system-on-chip market in the coming years.
Increasing number of connected devices is assessed to help the system-on-chip market in gaining momentum over the next couple of years. Industries such as telecommunication, consumer electronics, healthcare, etc. are supposed to witness rising applications, which is presumed to drive expansion of the System On Chip Market over the assessment period. However, high cost of design and development is anticipated to restrict market growth in the upcoming years.
Some of the major players in Global System On Chip (SoC) Market include Broadcom Corporation (U.S.), Infineon Technologies AG (Germany), Qualcomm Inc., (U.S.),Arteris IP (U.S.), Texas Instruments Inc., (U.S.), Intel Corporation (U.S.),NXP semiconductors (U.S.), Toshiba Corporation (Japan), MediaTek Inc. (Taiwan), STMicroelectronics N.V. (Switzerland) and Samsung (South Korea), among others, are profiled in MRFR Analysis and are at the forefront of competition in the global System on Chip market.
Global System On Chip (SoC) Market: Segmental Analysis
On the basis of type, the system-on-chip market has been segmented into mixed signal, analog, digital, and others.
Based on product type, the system-on-chip market has been segmented into value multicore, advanced performance multicore, and basic SoC.
On the basis of fabrication methodology, the system-on-chip market has been segmented into standard cell, full custom, and FPGA.
Based on applications, the system-on-chip market has been segmented into consumer electronics, automotive, telecommunication, and others.
System On Chip (SoC) Market: Regional Outlook
The geographical evaluation of the global system on chip market is covered in this report which covers the following the regional segments - North America, Asia-Pacific, Europe, and the Rest of the World (RoW). These regional segments are assessed on the basis of countries to provide an actionable insight into the global market place. APAC is supposed to retain the dominant market share due to the increase in production of advanced consumer electronics. The growth of electrical and electronics industry in nations such as China, South Korea, India, Taiwan and Japan is primarily expected to guide the growth trajectory of the soc market. Increasing adoption of IoT, in conjunction with rising number of connected devices, is another major factor poised to augment the regional system-on-chip market in the foreseeable future.
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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
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