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The global system-on-chip (SoC) market size reached US$ 150.74 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 243.89 Billion by 2027, exhibiting a growth rate (CAGR) of 8.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A system-on-chip (SoC) is an integrated circuit (IC) that comprises digital, analog, mixed-signal, and radio frequency functions. It includes various components, such as a central processing unit (CPU), system memory, peripheral controllers, graphics processing units (GPUs), specialized neural network circuitry, and radio modems. It is more reliable than multi-chip systems and offers numerous benefits, such as less power consumption and high efficiency. It helps minimize energy wastage and reduce cost as SoC comprises a single processor. As a result, it is widely used in signal processing, wireless communication, artificial intelligence (AI), and other computing tasks.
The rising trend of digitalization and the expansion of the information technology (IT) industry represent one of the key factors catalyzing the demand for SoC across the globe. In addition, increasing incidents of cyber-attacks and security breaches are encouraging organizations to employ database management and fraud detection, and cybersecurity systems to prevent data theft. Apart from this, the growing sales of smartphones, tablets, laptops, and wearable devices equipped with SoCs are driving the market. The rising usage of artificial intelligence (AI) chip technology in consumer and enterprise devices is offering lucrative growth opportunities to manufacturers. Furthermore, leading market players are focusing on product launches to enhance their product portfolio and attract a wider consumer base. The development of smart cities and transportation facilities is increasing the adoption of the internet of things (IoT), which is positively influencing the market. Additionally, leading companies are continuously investing in research and development (R&D) to innovate in deep learning and machine learning (ML) chips and expand their market reach, which is projected to impel the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global system-on-chip (SoC) market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end use industry.
Breakup by Type:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Broadcom Inc., Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corporation, MediaTek Inc., Microchip Technology Inc, Nvidia Corporation, onsemi, Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Company Limited and Texas Instruments Incorporated.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Application, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Advanced Micro Devices Inc., Broadcom Inc., Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corporation, MediaTek Inc., Microchip Technology Inc, Nvidia Corporation, onsemi, Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Company Limited and Texas Instruments Incorporated.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global System-on-Chip (SoC) market was valued at US$ 150.74 Billion in 2021.
We expect the global System-on-Chip (SoC) market to exhibit a CAGR of 8.10% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for system-on-chip circuits.
The emerging trend of digitalization, along with the increasing incidences of cyber-attacks and security breaches is encouraging organizations to employ database management, fraud detection, and cybersecurity systems to prevent data theft, which is primarily driving the global System-on-Chip (SoC) market.
Based on the type, the global System-on-Chip (SoC) market has been segregated into digital, analog, and mixed signal. Among these, digital currently holds the largest market share.
Based on the end use industry, the global System-on-Chip (SoC) market can be bifurcated into automotive, aerospace and defense, IT and telecommunication, consumer electronics, industrial, healthcare, and others. Currently, the IT and telecommunication industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global System-on-Chip (SoC) market include Advanced Micro Devices Inc., Broadcom Inc., Huawei Technologies Co. Ltd., Infineon Technologies AG, Intel Corporation, MediaTek Inc., Microchip Technology Inc, Nvidia Corporation, onsemi, Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Company Limited, and Texas Instruments Incorporated.
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