System-on-Chip Market 2024 Driving Factors Forecast Research 2030

System-on-chip market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period owing to the compact nature of System Chip (SoC), the surge in demand for smart and power-efficient electronic devices, high investment in 5G technology, and the rise in adoption of IoT technology. The introduction of new technologies, as well as innovation in the automation, precision, and electronics industries, are accelerating the development of SoC devices, offering profitable opportunities for SoC makers. To diversify their revenue sources, manufacturers are increasing their R&D activity in deep learning chips, machine learning chips, and artificial intelligence chips.

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The global SoC market is segmented based on type, application, and end-user. Based on the product type, the market is sub-segmented into analog, mixed, and digital. Based on the application, the market is sub-segmented into smartphones, home appliances, ADAS, medical devices, telecommunications & electronics, and others. Based on the end-user the market is sub-segmented into consumer electronics, automotive & transportation, it & telecommunication, healthcare, and others. Among the applications, the smartphone sub-segment is anticipated to hold a considerable share of the market owing to the increased number of smartphones daily. The main component in any smartphone is the SoC used inside. All the processing takes place inside this SOC and any feature that the smartphone supports depends on the SOC.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global System-On-Chip Market by Type

  • Analog
  • Mixed
  • Digital

Global System-On-Chip Market by Application

  • Smartphones
  • Home Appliances
  • Advanced Driver-Assistance System (ADAS)
  • Medical Devices
  • Telecommunications & Electronics
  • Others (Wearable Devices, AR & VR Device)

Global System-On-Chip Market by End-user

  • Consumer Electronics
  • Automotive & Transportation
  • IT & Telecommunication
  • Healthcare
  • Others (Power & Utility, Aerospace & Defense)

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Advanced Micro Devices, Inc.
  • Advantech
  • Analog Devices, Inc.
  • Broadcom Inc.
  • Cirrus Logic, Inc.
  • ELMOS Semiconductor AG
  • Infineon Technologies AG
  • Magna International Inc.
  • MediaTek Inc.
  • Microchip Technology Inc.
  • Nvidia Corp.
  • NXP Semiconductors
  • Qualcomm Inc.
  • Renesas Electronics Corp.
  • STMicroelectronics N.V.
  • Teledyne Technologies Inc.
  • Taiwan Semiconductor Manufacturing Co. Ltd.
  • Texas Instruments Inc.

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global system-on-chip market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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