System-On-Chip (SoC) Market

Global System-on-Chip (SoC) Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2021-2027– Increasing adoption of IoT, rising demand for smart & power-efficient electronic devices, and growing demand for system-on-chip (Soc) for smartphones are some of the major factors driving the growth of Global System-On-Chip (SoC) Market.

Global System-on-Chip (SoC) Market is expected to grow with a CAGR of 8.15% over the forecast period.     

Scope of Global System-on-Chip (SoC) Report:

System-on-Chip (SoC) is a microcircuit that assimilates all or most components of a computer or other electronic system. It is also referred to as a chip or IC. These components nearly always comprise a central processing unit (CPU), memory, input/output ports, and supplementary storage, often together with other components like radio modems and a graphics processing unit (GPU), all on one substrate or microchip. It may comprise digital, analog, mixed-signal, and sometimes frequency signal processing purposes. Higher-performance SoCs are often paired with dedicated and physically distinct memory and secondary storage chips, which will be encrusted on top of the SoC in what's referred to as a package on package (PoP) shape, or be placed on the edge of the SoC.

Additionally, SoCs may use distinct wireless modems. SoCs are in difference to the common traditional motherboard-based PC architecture, which splits mechanisms based on function and connects them through a central interfacing circuit board. Whereas a motherboard houses and connects removable or replaceable components, SoCs integrate all of those components into a single microcircuit.

Covid-19 has shown a negative impact on the growth of the global system-on-chip market. Covid-19 pandemic disrupted supply chains given the lack of raw materials needed in making the chips. In addition, buyer request has additionally thusly reduced as people are currently more enthusiastic about taking out unnecessary costs from their particular financial plans as the overall monetary status of most people have been seriously influenced by this pandemic. By virtue of the seriousness and ramifications of this mechanical emergency, driving semiconductor members are focusing on keeping the business coherence plans flawless, keeping up with cyber vigilance, and bringing innovation upgrades in light of the Covid-19 consequences for the business share in the post-pandemic period.

SoC Companies:

Global system-on-chip (SoC) market report covers prominent players like Apple Inc., Intel Corporation, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, Qualcomm Incorporated, STMicroelectronics N.V., MediaTek Inc., Taiwan Semiconductor Manufacturing Company Limited., Samsung Electronics Co. Ltd., Magna International Inc., and others.

Global System-on-Chip (SoC) Market Segmentation:

Global system-on-chip (SoC) market segmented on the basis of type, application, and region & country level. Based on type, the system-on-chip (SoC) market is classified into digital, analog, and mixed-signal. Based on application, the market is divided into consumer electronics, telecommunication, automotive, and IT.

By Type:

• Digital
• Analog
• Mixed Signal

By Application:

• Consumer Electronics
• Telecommunication
• Automotive

IT The regions covered in this global system-on-chip (SoC) market report are North America, Europe, Asia-Pacific, and the Rest of the World. Based on a country level, the market of system-on-chip (SoC) is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

News: Atlazo Launched the World's First Edge AI System-On-Chip (SoC) for Tiny Devices

On January 27^th, 2021; Atlazo, Inc. has announced the dispatch of its first-generation AI SoC, AZ-N1, for keen small devices. The device is the industry's first completely incorporated AI SoC including a profound power effective Artificial Intelligence and Machine Learning processor (Axon ITM) for voice, audio, health checking, and sensors. Atlazo's hyper-short-power AZ-N1 AI system-on-chip additionally coordinates a low-power CODEC supporting up to 4 microphones, DC/DC controllers, battery charger, and Bluetooth network. The AZ-N1 AI SoC can deal with the most difficult task needed to handle sound, audio, biometrics, and other sensor flags, and categorize activities in a small part of the power budget utilized by comparable solutions on the market.

Increasing Adoption of IoT, Rising Demand for Smart & Power Efficient Electronic Devices, and Growing Demand for System-On-Chip (Soc) for Smart Phones are Some of the Major Factors Driving the Market Growth

One of the major factors driving the growth of the global system-on-chip (SoC) market is the increasing adoption of IoT. The system-on-chip market viewing fast adoption of the Internet of Things (IoT), because of high infiltration of Wi-Fi availability, technological advancement in wireless network technologies, rising demand for smart wearables, and growing reception of cloud platforms. This development is owing to the rising need to deal with different devices inferable from the growing number of associated devices present on the IoT platforms. In an association, such platforms help in conveying real-time experiences and centralized management of the connected and integrated devices. For instance, according to Cisco, the quantity of Internet of Things (IoT) gadgets globally is estimated to approximately triple from 8.74 billion in 2020 to more than 25.4 billion IoT gadgets in 2030.

In addition, another major factor for the growth of the global system-on-chip (SoC) market is the rising demand for smart & power-efficient electronic devices. Customers choose devices, which have better battery back-up just as proficient, and negligible power consumption. Hence, there is rising customer interest for the devices to convey improved performance and consume less power. SoC gives quicker execution of work because of its memory and high-speed processor. Most recent SoC's have up to 10 cores and SoC's with additional cores are relied upon to be deployed in near future to satisfy the buyer demand.

Furthermore, the growing demand for system-on-chip (Soc) for smartphones is also fostering the market growth. Each smartphone gadget requires a system on a chip for its activities. The worldwide smartphone market is developing at a dramatic rate, inferable from the accessibility of very good quality smartphones technologies for a minimal cost. However, the high initial cost of design & development, and maintenance may hamper the global system-on-chip (SoC) market growth. In spite of that, the growing demand for artificial intelligence chip technology can provide various opportunities for the further growth of the global system-on-chip (SoC) market.

North America is Expected to Dominate the Global System-on-Chip (SoC) Market

North America is expected to dominate the market of system-on-chip (SoC) market within the forecast period due to the presence of large number of telecom and information technology (IT) companies, rising adoption of IoT and high disposable income in this region. For example; in September 2019; Apple Inc. dispatched new System-on-chip (SoC), A13 Bionic Chip.

This chip accompanies the organization's recently dispatched cell phone series, Apple iPhone 11. Key manufacturers are focusing on item dispatches, to upgrade their item portfolio. For example, in December 2019, Qualcomm Incorporated, a U.S. based semiconductor organization dispatched Snapdragon 865, the organization's lead processor for smartphone gadgets. Through this item, the organization is offering better execution in photography, AI processing, and gaming for smartphones.

Asia Pacific is expected to witness the fastest growth in the global system-on-chip (SoC) market due to the increasing demand for IoT based consumer electronic products, growing technological advancement, and presence of key players in this region. For example; in March 2021, Samsung Electronics banded together with Marvell to mutually foster a new system-on-a-chip to offer upgraded 5G network execution. The recently launched chip discovers utilization in Samsung's Massive MIMO and is expected to see its presence among Tier One administrators by Q2 2021.

Key Benefits of Global SoC Market Report:-

• Global SoC Market report covers in-depth historical and forecast analysis.
• Global SoC Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, soc market share, System on Chip Manufacturers, Competitive Analysis, Regional and Country Level.
• Global SoC Market report helps to identify opportunities in the marketplace.
• Global SoC Market report covers extensive analysis of emerging trends and competitive landscape.

On Special Requirement SoC Market Report is also available for below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Frequently Asked Questions (FAQ) :