System on Chip Market - Forecasts From 2018 to 2023

The system-on-chip market is projected to grow at a CAGR of 15.57% to reach US$125.468 billion by 2023, from US$52.655 billion in 2017. The major factors driving the demand for system-on-chip solutions are increasing the need for compact ICs and budding demand for power-efficient and user-friendly devices. In addition, the high adoption of the internet of things (IoT) solutions including automotive, communications and technology, and healthcare among many others will further add to the growing demand for SoC solutions. The North American and European region held a significant market share owing to the presence of various vendors offering varied services and early adoption of technology across industry vertical. The Asia Pacific region will grow at a substantial rate on account of technological integration in manufacturing facilities and favourable government policies promoting the set-up of new manufacturing and research facilities.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the system-on-chip value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the system-on-chip market.

Major industry players profiled as part of the report Taiwan Semiconductor Manufacturing Company Limited, Arm Limited, United Microelectronics Corporation, NXP Semiconductors, Qualcomm Technologies, Inc., Toshiba Electronic Devices and Storage Corporation, and Intel Corporation among others.

Segmentation

The system-on-chip market has been analyzed through the following segments:

By Component

Hardware
Software
Services

By Type

Digital
Analog
Mixed Signal

By Industry Vertical

Automotive
Consumer Electronics
Communications and Technology
Healthcare
Others

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others