The global system-on-chip market is driven by the compact nature of SoC, surge in demand for smart and power-efficient electronic devices, and high penetration of IoT. However, high initial cost of design & development and maintenance hamper the market growth.
In 2016, the mixed signal segment dominated the SoC type segment, in terms of revenue. Furthermore, based on application, consumer electronics led the global market, followed by telecommunications in 2016. However, the automotive segment is expected to witness the highest CAGR throughout the forecast period (2017-2023).
The mixed signal segment generated the highest revenue in the global system-on-chip market in 2016.
In 2016, consumer electronics generated the highest revenue among the application segment.
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
In 2016, Asia-Pacific accounted for the highest market share, followed by North America, Europe, and LAMEA.
The key players profiled in the report are Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, STMicroelectronics N.V., Apple Inc., MediaTek Inc., and Taiwan Semiconductor Manufacturing Company Limited.
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