Global System-On-Chip Technologies Market Overview:
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.
- Increase in Demand for Smart and Power-Efficient Electronic Devices
- Growing Adoption of Iot
- High Cost of Development and Maintenance
- Rise in Demand from Smart Devices
- Increase in Requirement of Compact and Scalable Ics
- Technical Obstacles in Device Integration
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.
Some of the key players profiled in the report are 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). Additionally, following companies can also be profiled that are part of our coverage like Texas Instruments (United States), Dialog Semiconductor (United Kingdom) and GHI Electronics (United States). Analyst at AMA Research see United States Players to retain maximum share of Global System-On-Chip Technologies market by 2027. Considering Market by Function, the sub-segment i.e. Environmental Sensing will boost the System-On-Chip Technologies market. Considering Market by Component, the sub-segment i.e. Hardware will boost the System-On-Chip Technologies market.
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.
What Can be Explored with the System-On-Chip Technologies Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global System-On-Chip Technologies Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in System-On-Chip Technologies
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global System-On-Chip Technologies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in System-On-Chip Technologies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Automotive and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global System-On-Chip Technologies Market?
The System-On-Chip Technologies market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in System-On-Chip Technologies Market?
Top performing companies in the Global System-On-Chip Technologies market are 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), to name a few.
3. What trending factors would impact System-On-Chip Technologies Market growth most?
"Increasing Demand for Multicore Technologies
" is seen as one of major influencing trends for System-On-Chip Technologies Market during projected period 2021-2027.