About System-On-Chip Technologies
A system on a chip, also known as a SoC, is essentially an integrated circuit or an IC that integrates an entire electronic or computer system onto a single platform. A central processing unit, input and output ports, internal memory, and analogue input and output blocks are some of the components that a SoC looks to incorporate within itself. It is capable of a wide range of functions, including signal processing, wireless communication, artificial intelligence, and others. SoC aids in the reduction of energy waste, the reduction of spending costs, and the reduction of space occupied by large systems. Companies can use a SoC to essentially size down what are normally multichip designs onto a single processor that uses significantly less power than before. These chips have enabled the development of a plethora of portable devices that can be carried anywhere and everywhere without sacrificing the capability and functionality of the gadgets. As a result, they are frequently used in systems related to the Internet of Things, embedded systems, as well as our own smartphones, automobiles, and other devices.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for System-On-Chip Technologies is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global System-On-Chip Technologies market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Qualcomm (United States), Broadcom Inc. (United States), STMicroelectronics (Switzerland), Advanced Micro Devices (United States), NXP Semiconductors (Netherlands), Microchip Technology (United States), Cypress Semiconductor (United States), Silicon Labs (United States) and Nordic Semiconductor (Norway) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Texas Instruments (United States), Dialog Semiconductor (United Kingdom) and GHI Electronics (United States).
Segmentation Overview
AMA Research has segmented the market of Global System-On-Chip Technologies market by Type (Digital, Analog and Mixed Signal), Application (Automotive and Transportation, Communications and Telecom, Computers and Peripherals, Consumer Electronics, Energy and Lighting, Industrial, Medical, Space, Avionics and Defense and Others) and Region.
On the basis of geography, the market of System-On-Chip Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Environmental Sensing will boost the System-On-Chip Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the System-On-Chip Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Multicore Technologies and Emergence of 3D Integration of System-On-Chip
Market Growth Drivers:
Increase in Demand for Smart and Power-Efficient Electronic Devices and Growing Adoption of Iot
Challenges:
Technical Obstacles in Device Integration
Restraints:
High Cost of Development and Maintenance
Opportunities:
Rise in Demand from Smart Devices and Increase in Requirement of Compact and Scalable Ics
Market Leaders and their expansionary development strategies
In January 2023, Arteris, Inc., a leading provider of system IP which accelerates system-on-chip creation, announced that it has completed the acquisition of Semifore, Inc., a leading provider of hardware/software interface (HSI) technology. Semifore is used to effectively design, verify, document and help in the validation of the hardware-software integration that is essential to every SoC.
In November 2021 Qualcomm Technologies had announced the collaboration with BMW. Qualcomm's Snapdragon Ride Platform will be integrated into BMW's advanced driver-assistance systems (ADAS) and automated driving platforms. BMW's Automated Driving stack will be built on Qualcomm's Snapdragon Ride vision system-on-chip (SoC), vision perception, and ADAS central compute SoC controllers, which will be managed by the Qualcomm Car-2-Cloud services platform.
Key Target Audience
Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Automotive and End-use industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.