System-On-A-Chip (SoC)

System-On-A-Chip (SoC)

Global System-On-A-Chip (SoC) Market to Reach US$158.7 Billion by 2030

The global market for System-On-A-Chip (SoC) estimated at US$92.7 Billion in the year 2023, is expected to reach US$158.7 Billion by 2030, growing at a CAGR of 8.0% over the analysis period 2023-2030. Mixed Signal SoC, one of the segments analyzed in the report, is expected to record a 9.0% CAGR and reach US$72.5 Billion by the end of the analysis period. Growth in the Digital SoC segment is estimated at 7.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$24.3 Billion While China is Forecast to Grow at 11.8% CAGR

The System-On-A-Chip (SoC) market in the U.S. is estimated at US$24.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$39.3 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.3% and 7.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.0% CAGR.

Global System-On-A-Chip (SoC) Market - Key Trends & Drivers Summarized

What Is a System-On-A-Chip (SoC) and How Is It Shaping Modern Electronics?
A System-On-A-Chip (SoC) integrates almost all components of a computer or other electronic systems onto a single integrated circuit (IC). It typically includes a central processing unit (CPU), memory interfaces, input/output devices, and secondary storage—all on a single substrate or chip. This integration allows for significant improvements in performance and energy efficiency, which is critical in portable and power-sensitive devices such as smartphones, tablets, and wearables. By reducing the physical space needed for hardware components, SoCs also facilitate the development of smaller, more compact devices with robust capabilities, aligning perfectly with the current trends towards miniaturization in electronics.

How Are Technological Advancements Enhancing SoC Designs?
Technological advancements are continuously refining SoC designs, pushing the boundaries of what these chips can achieve. Innovations in semiconductor manufacturing, such as smaller process nodes, now allow for greater performance and energy efficiency. For example, moving from a 10nm process to a 7nm process not only reduces the size of the chip but also improves its operational efficiency and speed. Furthermore, the integration of artificial intelligence (AI) capabilities directly into SoC architectures is becoming commonplace. These AI-enabled chips are tailored to handle specific tasks like neural networking and machine learning more effectively, which are increasingly required in mobile devices and automotive applications. Additionally, advancements in 3D IC technology enable stacking of components, which enhances the chip`s functionality without increasing its footprint.

What Are the Key Applications Driving the Demand for SoCs?
The demand for SoCs is driven by their wide array of applications across various industries. In consumer electronics, SoCs are fundamental in enabling the production of sleeker smartphones, smarter wearables, and more responsive IoT devices. The automotive industry also benefits greatly from the adoption of SoCs, particularly with the rise of electric and autonomous vehicles, where advanced driver-assistance systems (ADAS) require powerful, energy-efficient chips to process real-time data. Furthermore, in telecommunications, SoCs are crucial for the deployment of 5G technology, as they handle complex computations required at base stations and in network infrastructure. Each application not only demands the basic functionalities provided by SoCs but also pushes for advancements that cater specifically to its unique requirements.

What Drives the Growth of the SoC Market?
The growth in the SoC market is driven by several factors, including the continuous demand for more powerful and energy-efficient electronics. Technological innovations that allow for smaller chip designs and integration of various functionalities like AI and machine learning accelerators are particularly influential. Consumer behavior also plays a significant role, as there is an increasing appetite for devices that offer greater capabilities without compromising on size or battery life, trends that SoCs are uniquely equipped to accommodate. Additionally, the expansion of smart technology in homes and industries, coupled with the advancement of the IoT, necessitates the use of sophisticated, compact chips to process and manage data effectively. The automotive sector`s shift towards more digital and autonomous systems further underscores the need for advanced SoCs, ensuring their continued relevance and demand in the market.

Select Competitors (Total 83 Featured) -

• Apple Inc.
• ARM Holdings Plc
• Broadcom Corporation
• Infineon Technologies AG
• Intel Corporation
• Marvell Technology Group Ltd.
• Microsemi Corp.
• NVIDIA Corporation
• NXP Semiconductors N.V.
• Palmchip Corporation
• Qualcomm Inc.
• Renesas Electronics Corporation
• Samsung Electronics Co., Ltd.
• STMicroelectronics
• Taiwan Semiconductor Manufacturing Co., Ltd.
• Texas Instruments, Inc.
• Xilinx, Inc.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.