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Global System-on-Chip (SoC) Market – Industry Trends and Forecast to 2029

Semiconductors and Electronics

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Global System-on-Chip (SoC) Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global System-on-Chip (SoC) Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 282.56 USD Million
Diagram Market Size (Forecast Year) USD 544.70 USD Million
Diagram CAGR %

Major Markets Players

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Global System-on-Chip (SoC) Market, By Type (Digital, Analog, Mixed Signal), End-Use Industry (Automotive, Aerospace and Defense, IT and Telecommunication, Consumer Electronics, Industrial, Healthcare, Others) - Industry Trends and Forecast to 2029

System-on-Chip (SoC) Market

Market Analysis and Size

System-on-Chip (SoC) are widely utilized for error prevention and cost-saving purposes across various industries including automotive, IT and telecommunication, consumer electronics and healthcare, among others. The hardware infrastructure include storage, computing, components, and networking.

Global System-on-Chip (SoC) Market was valued at USD 282.56 million in 2021 and is expected to reach USD 544.70 million by 2029, registering a CAGR of 8.55% during the forecast period of 2022-2029. Consumer Electronics is expected to witness high growth in the end-use industry segment of the market owing to the penetration of smartphones. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

System on a chip (SoC) is defined as an integrated circuit (IC) that includes numerous electronic parts such as central processing unit (CPU), input and output ports (I/O Ports), internal memory, analog input, output blocks, and others. All these components are incorporated on a single and very small chip. System on chip (SoC) can perform numerous applications such as signal processing, wireless communication, use of artificial intelligence, and others.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014- 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Digital, Analog, Mixed Signal), End-Use Industry (Automotive, Aerospace and Defense, IT and Telecommunication, Consumer Electronics, Industrial, Healthcare, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Google Inc (US), Amazon Web Services, Inc. (US), Advanced Micro Devices, Inc (US), BitMain Technologies Holding Company (China), Intel Corporation (US), Xilinx (US), SAMSUNG (South Korea), Qualcomm Technologies, Inc. (US), NVIDIA Corporation (US), Wave Computing, Inc. (US), Graphcore (UK), IBM Corporation (US), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), and Micron Technology, Inc. (US), among others

Market Opportunities

  • Rise in trend of digitalization along with expansion of information technology (IT) industry
  • Increase in the number of cyber-attacks encouraging industries
  • Integration with big data analytics and cloud computing

System-on-Chip (SoC) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Rise in Trend of Digitalization

The rise in trend of digitalization along with expansion of information technology (IT) industry across the globe is one of the major factors driving the growth of system-on-chip (SoC) market. Deep learning algorithms are capable of automatically intercepting available data points that improves accuracy and efficiency of the decision-making process.

  • Increase in Cyber Attacks

The increase in the number of cyber-attacks encouraging industries to employ database management, fraud detection systems and cybersecurity accelerate the market.

  • Integration with Advanced Technologies

The integration with big data analytics and cloud computing to offer enhanced services to various industries further influence the market. The research and development (RandD) activities improve hardware and software processing solutions for deep learning.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the system-on-chip (SoC) market.

Opportunities

Furthermore, rise in focus on developing human-aware AI systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, bringing AI to edge devices will further expand the market.

Restraints/Challenges

On the other hand, low return on investment and lack of skilled AI workforce are expected to obstruct market growth. Also, limited structured data is projected to challenge the system-on-chip (SoC) market in the forecast period of 2022-2029.

This system-on-chip (SoC) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on system-on-chip (SoC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on System-on-Chip (SoC) Market

The COVID-19 had a negative impact on the system-on-chip (SoC) market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand system-on-chip (SoC) technology. The supply chain got hampered during the pandemic along with delay logistics activities. However, the system-on-chip (SoC) market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Global System-on-Chip (SoC) Market Scope and Market Size

The system-on-chip (SoC) market is segmented on the basis of type and end-use industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Digital
  • Analog
  • Mixed Signal

End-Use Industry

  • Automotive
  • Aerospace and Defense
  • IT and Telecommunication
  • Consumer Electronics
  • Industrial
  • Healthcare
  • Others

System-on-Chip (SoC) Market Regional Analysis/Insights

The system-on-chip (SoC) market is analysed and market size insights and trends are provided by country, type and end-use industry as referred above.

The countries covered in the system-on-chip (SoC) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the system-on-chip (SoC) market because of increase in concern about the security of critical infrastructure and sensitive data within the region.

Europe is expected to witness significant growth during the forecast period of 2022 to 2029 because of the adoption of advanced technology in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and System-on-Chip (SoC) Market

The system-on-chip (SoC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to system-on-chip (SoC) market.

Some of the major players operating in system-on-chip (SoC) market are

  • Google Inc (US)
  • Amazon Web Services, Inc. (US)
  • Advanced Micro Devices, Inc (US)
  • BitMain Technologies Holding Company (China)
  • Intel Corporation (US)
  • Xilinx (US), SAMSUNG (South Korea)
  • Qualcomm Technologies, Inc. (US)
  • NVIDIA Corporation (US)
  • Wave Computing, Inc. (US)
  • Graphcore (UK)
  • IBM Corporation (US)
  • Taiwan Semiconductor Manufacturing Company Limited (Taiwan)
  • Micron Technology, Inc. (US)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The system-on-chip (SoC) market size will be worth USD 544.70 million by 2029.
The major companies in system-on-chip (SoC) market report are HiSilicon(Shanghai) Technologies CO.,LIMITED, MediaTek Inc., Qualcomm Technologies, Inc., Broadcom, Infineon Technologies AG, Intel Corporation, STMicroelectronics, Taiwan Semiconductor Manufacturing Company Limited, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Maxim Integrated, Microchip Technology Inc., Texas Instruments Incorporated, Semiconductor Components Industries, LLC and Renesas Electronics Corporation, Samsung, NXP Semiconductors, Central Electronics Limited, Nordic Semiconductor, Dialog Semiconductor and Apple Inc. among other domestic and global players.
The growth rate of the system-on-chip (SoC) market is 8.55% during the forecast by 2029.
Rise in Trend of Digitalization, Increase in Cyber Attacks & Integration with Advanced Technologies are the growth drivers of the system-on-chip (SoC) market.
Type and end-use industry are the factors on which the system-on-chip (SoC) market research is based.
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