System on Chip (SoC) Market share forecast to witness considerable growth from 2018 to 2024

1
System on Chip Market Share, Segmentation, Report
2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of System on Chip Market

• The Asia Pacific SoC market is experiencing a
  high growth owing to the rise in demand for the
  smart consumer electronic products in the region.
  The manufacturers are offering advanced features
  in their products that require suitable
  electronic arrangements to support these
  functions. Moreover, the increasing adoption of
  IoT technology in these smart devices is expected
  to drive the SoC market. Countries including
  India and China are experiencing a high demand
  for the products such as smart TV, wearables, and
  mobiles due to the rising technological
  advancements in the sector. Manufacturers in the
  industry are targeting their products to these
  segments where a high demand for the mixed signal
  technology is being witnessed.
• System on Chip (SoC) Market size is estimated to
  achieve a significant growth rate to 2024
  propelled by growing adoption of IoT technology
  across several industries such as consumer
  electronics, automotive, and healthcare.
  Technological advancements and innovations in the
  field of networking services are expected to fuel
  the demand for these components, especially in
  thermostats, wireless sensor devices, home
  automation, healthcare devices equipment, M2M
  communication, real-time location finding tags,
  and smart meters. Moreover, the growing adoption
  in the automotive sector for connected car
  development will drive the SoC market.

3
Continue

• Growing demand for low power consumption devices
  will provide an impetus to the SoC market growth.
  Industrial sectors depend on advanced
  energy-efficient technologies for reducing their
  overall cost expenses. The rising environmental
  concerns in these industries are encouraging the
  adoption of such technologies. Several components
  are integrated into the electronic arrangements
  to develop a circuit that will provide advanced
  energy-efficient solutions. Technological
  advancements and innovations in smart devices are
  driving the demand for these electronic chips.
  Manufacturers in the SoC market are developing
  advanced solutions that can be integrated into
  these products for providing smart features.
• Several devices such as smartwatches,
  smartphones, and wearables are incorporated with
  such technologies for performing various
  functions. Moreover, increasing smart home
  development in several countries including India,
  China, and Saudi Arabia is expected to drive the
  SoC market. Smart homes are equipped with several
  electronic devices that require programmable
  chips for performing intelligent operations.
  Programmable System on Chip (PSoC) supports many
  interfaces and standards to provide several smart
  home functions such as entertainment, appliance
  control, environmental control, etc. Several
  differentiating features of the chips such as low
  power, faster response rate, and user-friendly
  GUI are fueling their demand in the SoC market.

4

Browse Full Research Report On System on Chip
Market _at_ https//bit.ly/2CVBhJk Request for
an in-depth table of contents for this report _at_
https//bit.ly/2J9ucFh gminsights.com/request-toc
/upcoming/1797
5
Continue

• The high cost involved in the production of these
  chips is restraining the SoC market growth. The
  design or production cost of such systems depends
  on the requirements of the functionality of the
  devices. Increasing cost of the components that
  are integrated into the systems is also
  responsible for the high price of these systems.
  Several features such as power consumption,
  enhanced performance efficiency, better
  operability, and reliability require advanced
  components that cost higher and account for the
  rise in the cost of integrated systems. Moreover,
  technological advancements in lithography and
  fabrication processes along with multiple
  patterning account for the high software
  development costs, thereby posing a challenge for
  players in the SoC market.
• Consumer electronics accounted for the majority
  of the industry share in the SoC market. The
  components when incorporated help device
  manufacturers in developing smarter and
  cost-effective product designs and provide
  flexibility, processing performance, and headroom
  for delivering advanced revenue-generating
  products services. Several smart functions and
  features provided by the manufacturers in their
  electronic appliances add value to the offerings
  and deliver sophisticated solutions to the
  consumers. For instance, Intel developed CE 2110
  media processor that has a complete SoC
  architecture and powers new generation devices
  such as networked media players, entertainment
  services, and digital set-top boxes.

6
Continue

• Mixed signal technology is witnessing a high
  adoption in the SoC market owing to growing
  applications of these components in several
  industrial sectors. The applications of these
  components are growing in several industrial
  sectors such as consumer electronics, healthcare,
  and computers ICT. Several advantages of these
  components are high efficiency, smaller form
  factor, and reduction of electromagnetic
  interference. Manufacturers are engaged in
  integrating the technology to provide advanced
  and efficient electronic solutions to the
  customers. Such technological advancements and
  innovations in the consumer electronics sector
  will propel the SoC market growth.
• Key players operating in the SoC market are
  Broadcom Ltd., Apple, Inc., Intel Corporation,
  Infineon Technologies, Samsung Electronics, Co.,
  Ltd., Qualcomm, Inc., STMicroelectronics N.V.,
  Toshiba Corporation, Taiwan Semiconductor
  Manufacturing Co., Ltd., Mediatek, Inc., Huawei
  Technologies, and Spreadtrum Communications.
  Players in the SoC market are engaged in adopting
  several strategies to capture a widespread
  customer base and expand their business
  operations. For instance, in September 2018,
  Intel, Inc. acquired Netspeed Systems, Inc. that
  will help them build a strong foothold in the
  industry. Such technologies are improving the
  performance and efficiency and are extending the
  lifecycle of the devices.

7
Methodology

• Market
  research reports Key analytical components

8
Stay In Touch Website www.gminsights.com Soci
al Media