Europe Digital TV SoC Market Size, Share & Industry Trends Analysis Report By End User (Residential, and Commercial), By Application (LCD, LED, OLED, and QLED), By Country and Growth Forecast, 2022 - 2028
The Europe Digital TV SoC Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
The applications for SoCs are nearly unlimited, and their value cannot be overstated. They may be found in many forms of portable technology, such as cell phones, cameras, tablets, and other forms of wireless technology. The functionality of a system on the chip may be shown well by the smartphone. For instance, when a person uses their mobile phone, they don't only use them to make and receive calls; they also use them to surf the internet, watch films, listen to music, take photographs, play games, send text messages, and a variety of other things.
Without many components, like a graphics card, internet connectivity, wireless connections, GPS, and a variety of other aspects, none of this would be feasible. With the help of a system on a chip or SoC, it is possible to combine all of these individual components onto a single piece of hardware, reduce the size of the chip to the point where it can be held in the palm of one's hand, and transport it as if it were a living, breathing system inside of a mobile phone.
Due to the fact that a digital signage player is mostly unattended, an intelligent system has to be ready for a field setting that is simple to set up and scale. A branch of Krispy Kreme in the United Kingdom has been using a digital signage system with a hole in the center as an outlet for doughnuts. This is one example of the interactive use of technology. In October of 2021, the doughnut firm transformed a wall in Edinburgh, Scotland, that was formerly used as a menu board into a counter for picking up desserts. The system includes the following components: BTECH System X mounts, 5 Samsung Narrow Bezel Screens, Absen 1.8mm direct view 'Hole in the Wall' LED, AllSee 10′′ POE Capacitive Touch Screens within the shop, and embedded signage Digital Signage CMS, which controlled the whole system. This supports the growth of the regional market.
The Germany market dominated the Europe Digital TV SoC Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,085.5 Million by 2028. The UK market is anticipated to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12% during (2022 - 2028).
Based on End User, the market is segmented into Residential, and Commercial. Based on Application, the market is segmented into LCD, LED, OLED, and QLED. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Qualcomm, Inc., Toshiba Corporation, NXP Semiconductors N.V., STMicroelectronics N.V., MediaTek, Inc., Broadcom, Inc., Apple, Inc., and Taiwan Semiconductor Manufacturing Company Limited.
Scope of the Study
Market Segments covered in the Report:
By End User
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