Global System-on-Chip (SoC) Market
The Global System-on-Chip (SoC) Market is expected to grow from US$ 131.83 Billion in 2021 to US$ 197.8 Billion by 2027; it is estimated to grow at a CAGR of 5.93% from 2021 to 2027.
An integrated circuit (IC) known as a system on a chip (SoC) has a variety of electrical components, including a CPU, input and output ports (I/O Ports), internal memory, analogue input and output blocks, and others. These parts are all combined onto a single, incredibly tiny chip. System on chip (SoC) technology can be used for many different tasks, including wireless communication, signal processing, artificial intelligence, and more.
Drivers: The increased connection and automation in vehicles, which are putting more emphasis and value on the Human Machine Interface, are the main factors driving the growth of the worldwide SOC market. In order to improve the in-vehicle experience, automakers are increasingly designing vehicles with integrated infotainment systems, which combine entertainment and information. The market for SoC will be driven in the coming years by increased vehicle production and rising sales of electric cars (EVs).
Additionally, there is a rise in the demand for consumer gadgets including TVs, smartphones, tablets, and other devices. The main driver of the increase in consumer electronics sales is the rising disposable income of individuals all over the world.
Restraints: All industries have experienced ongoing technological advancement in recent years, and many are now more inclined toward automation and digitalization. For the key market players, these technological and industrial advances are creating new opportunities. However, the early expenses of System on Chip (SoC) R&D are starting to hurt the market for these products internationally. Companies are obliged to prioritise numerous R&D initiatives due of the growing modification in SoC for diverse goods. As a result, it would increase both the likelihood of product failure and the project expenses for the businesses. These troubling components are impeding the expansion of the SoC market.
Opportunities: Consumer electronics including high-end smartphones, smart speakers, tablets, wearables, and others heavily utilise edge AI chips. These are also employed in a variety of enterprise markets, including those for robotics, photography, internet of things (IoT) devices, and other items. Both of these sectors are significant, but the consumer market for edge AI processors is far larger than the enterprise market and is anticipated to develop more slowly. Over the projected period, prominent players are anticipated to benefit greatly from the rising demand for the AI edge chip market for consumer and business devices.
Impact of Covid-19
Due to the regulation of various levels of lockdown and containment regulations, the ongoing COVID-19 pandemic substantially impeded the dynamics of the global economy and had severe effects on several industries worldwide. This ultimately resulted in the closure of nearly all non-essential firms and facilities, having a severe impact on their company operations and revenues. Given the scarcity of the raw materials needed to produce the chips, the SoC market also bore the brunt of the outbreak's effects, which were caused by interrupted supply chains.
Segmentation By Type: System-on-Chip (SoC) Market is classified on the basis of Type into Digital, Analog, and Mixed-Signal.
Segmentation By Application: System-on-Chip (SoC) Market is classified on the basis of Application into Consumer Electronics, Telecommunication, and Automotive.
Segmentation By Region: System-on-Chip (SoC) Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The system-on-chip (SoC) business is dominated by North America as a result of growing worries about the security of the region's vital infrastructure and sensitive data. The use of cutting-edge technology in the region is predicted to lead to significant growth in Europe between 2022 and 2027.
Competitive Landscape: The key players of System-on-Chip (SoC) Market are Sondrel, Arteris IP, Apple, Samsung Electronics, Marvell, Huawei Technologies Co. Ltd., MediaTek Inc., Qualcomm Technologies Inc., Toshiba Corporation, NXP Semiconductors N.V., and Broadcom Inc.
Industrial Development
Market Taxonomy
By Type
By Application
By Region
Key Questions Addressed by the Report
Global System-on-Chip (SoC) Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Types
3 Executive Summary
4 Global System-on-Chip (SoC) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global System-on-Chip (SoC) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global System-on-Chip (SoC) Market Share Analysis, By Type
5.3 Global System-on-Chip (SoC) Market Size and Forecast, By Type
5.3.1 Digital
5.3.2 Analog
5.3.3 Mixed-Signal
6 Global System-on-Chip (SoC) Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global System-on-Chip (SoC) Market Share Analysis, By Application
6.3 Global System-on-Chip (SoC) Market Size and Forecast, By Application
6.3.1 Consumer Electronics
6.3.2 Telecommunication
6.3.3 Automotive
7 Global System-on-Chip (SoC) Market, By Region
7.1 Global System-on-Chip (SoC) Market Share Analysis, By Region
7.2 Global System-on-Chip (SoC) Market Share Analysis, By Region
7.3 Global System-on-Chip (SoC) Market Size and Forecast, By Region
8 North America System-on-Chip (SoC) Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America System-on-Chip (SoC) Market Share Analysis, By Type
8.3 North America System-on-Chip (SoC) Market Size and Forecast, By Application
8.4 North America System-on-Chip (SoC) Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe System-on-Chip (SoC) Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe System-on-Chip (SoC) Market Share Analysis, By Type
9.3 Europe System-on-Chip (SoC) Market Size and Forecast, By Application
9.4 Europe System-on-Chip (SoC) Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific System-on-Chip (SoC) Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific System-on-Chip (SoC) Market Share Analysis, By Type
10.3 Asia Pacific System-on-Chip (SoC) Market Size and Forecast, By Application
10.4 Asia Pacific System-on-Chip (SoC) Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America System-on-Chip (SoC) Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America System-on-Chip (SoC) Market Share Analysis, By Type
11.3 Latin America System-on-Chip (SoC) Market Size and Forecast, By Application
11.4 Latin America System-on-Chip (SoC) Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East System-on-Chip (SoC) Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East System-on-Chip (SoC) Market Share Analysis, By Type
12.3 Middle East System-on-Chip (SoC) Market Size and Forecast, By Application
12.4 Middle East System-on-Chip (SoC) Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Sondrel
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Arteris IP
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Apple
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Samsung Electronics
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Marvell
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Huawei Technologies Co. Ltd.
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Broadcom Inc.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
