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
Global System-on-Chip Market Report Segment
By Type
- Analog
- Mixed
- Digital
By Application
- Smartphones
- Home Appliances
- ADAS System
- Medical Devices
- Telecommunications & Electronics
- Others (Wearable Devices, AR & VR Devices)
By End-user
- Consumer Electronics
- Automotive & Transportation
- IT & Telecommunication
- Healthcare
- Others (Power & Utility, Aerospace & Defense)
Global System-on-Chip Market Report Segment by Region
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
- Latin America
- Middle East & Africa
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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