Contact Us

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Insights - Global System on a Chip (SoC) Market

Market Overview

The system on a chip (SoC) is an integrated circuit (IC), which includes various electronic parts such as central processing unit (CPU), input and output ports (I/O Ports), internal memory, analog input, output blocks, and others. All these components are incorporated on a single and very small chip. System on chip (SoC) can perform various applications such as wireless communication, signal processing, use of artificial intelligence, and others. Moreover, owing to its compatibility with a mobile device, it is mostly used in smartphones, tablets, wearable devices, and others. Apart from its small size, system on a chip (SoC) provides various benefits such as it consumes less power, has better performance, requires less space, and it is more reliable than multi-chip systems. On the basis of type, the global system on a chip (SoC) is divided into digital SoC, analog SoC, and mixed signal SoC. 

Furthermore, there are various factors such as increasing use of IoT devices, increasing adoption of smartphones, and others that are expected to drive the global system on chip (SoC) market over the forecast period.

The global system on a chip (SoC) market was valued at US$ 124.6 Bn in 2018 and is expected to exhibit a CAGR of 7.8% during the forecast period (2019-2027).

Market Dynamics- Drivers

Growing demand of system on a chip (SoC) for smart phones is expected to drive growth of the global system on a chip (SoC) market during the forecast period     

Every smartphone device requires a system on a chip for its operations. The global smartphone market is growing at an exponential rate, owing to availability of high-end smartphones technologies at a low-cost. For instance, according to Coherent Market Insights analysis, in September 2019, Xiaomi Inc. launched Mi 9 Pro for US$ 500. This phone has the same system on a chip (SoC), (Snapdragon 855+), earlier this chip was available in high prices segment phones such as Samsung Galaxy Z Flip (~US$ 1,380) or Samsung Galaxy S10+ Plus (~US$ 999.99). This change of focus of the company’s strategies from high-end segment to mid-range smartphones is driving demand for smartphones, as more people can afford these smartphones.

Furthermore, increasing disposable income of people and rising dependency of consumers on smartphones are driving demand for smartphones. For instance, according to data published on website by Organization for Economic Co-operation and Development, the U.S. has registered 2.3% growth in year 2017-2018. Thus, availability of mid-range smartphones combined with increasing disposable income of people are expected to drive the global system on a chip (SoC) market over the forecast period.

Among regions, North America region held a dominant position in the low smoke halogen-free cable market in 2019, accounting for 37.5% share in terms of value, followed by Asia Pacific, Europe, Latin America, and MEA respectively.

System on-a-Chip (SoC)  | Coherent Market Insights

Source: Coherent Market Insights

Market Restraints

High research and development cost of system on a chip is expected to restrain growth of the global system on a chip (SoC) market over the forecast period.

In recent years technology is continuously evolving, several industries are adopting automation and digitization. These changes in technology and automation may bring opportunities to the key players to enter into new market but with high initial research and development costs on system on a chips (SoC). Due to increasing customization of SoC for various products, companies need to focus on various R&D projects at the same time. This will increase companies' project costs and increases the probability of product failure. These factors are expected to hamper the market growth over the forecast period.

Market Opportunities

Growing demand for artificial intelligence chip technology is expected to create lucrative growth opportunities for market players in the global system on a chip (SoC) market.

The edge AI chips are significantly used in consumer devices such as high-end smartphones, smart speakers, tablets, wearable, and others. These are also used in multiple enterprise markets such as robotic devices, cameras, internet of things (IoT) devices, and others. Both these markets are important, however edge AI chips market for the consumer devices is much larger than the enterprise market, but it is expected to grow at a slow rate. The increasing demand for the AI edge chip market for consumer devices and enterprise devices are expected to offer lucrative growth opportunities for key players over the forecast period.

System on-a-Chip (SoC)  | Coherent Market Insights

Source: Coherent Market Insights

Global System on a Chip (SoC) Market - Segment Information

Among type, digital segment held a dominant position in the global system on a chip (SoC) market in 2018, accounting for 42.6% share in terms of value, followed by analog, and mixed signals respectively.

System on-a-Chip (SoC)  | Coherent Market Insights

Source: Coherent Market Insights

Competitive Section

Key companies operating in the global system on a chip (SoC) market include Apple Inc., Huawei Technologies Co. Ltd., MediaTek Inc., Qualcomm Technologies Inc., Samsung Electronics CO. LTD., Intel Corporation, STMicroelectronics N.V., Toshiba Corporation, NXP Semiconductors N.V., and Broadcom Inc. among others. These key market players are focusing on collaborations to launch new products to meet the increasing needs and requirements of consumers.

Key Developments

  • Key manufacturers are focusing on product launches, in order to enhance their product portfolio. For instance, in December 2019, Qualcomm Incorporated, a U.S.-based semiconductor company launched Snapdragon 865, the company’s flagship processor for smartphone devices. Through this product, company is offering better performance in AI processing, photography, and gaming for smartphones.
  • For instance, in September 2019, Apple Inc. launched new SoC, A13 Bionic Chip. This chip comes with company’s newly launched smartphone series, Apple iPhone 11.

The system on a chip (SoC) is an integrated circuit (IC), which include various electronic parts such as control unit, input and output ports (I/O Ports), interfaces, internal memory, and timing units, that are embedded on single small size silicon chip. Moreover, the system on a chip offers several advantages that include, small space, high performance, low cost, low power consumption, compact design, etc. as compared to multi-chip circuits. Due to all these benefits, system on a chip are used in various applications such as digital signal processor, embedded systems, video camera, mobile devices (smartphones, laptops, tablets, and others), set-top box, portable media devices, and others.

Market Dynamics

The increasing demand for smart television is expected to drive the demand for system on a chip market over the forecast period. The television industry is going through a major shift, and its rapidly adopting internet of things (IoT) technology for new TV models. These smart televisions offers various facilities such as the internet connectivity, voice control, contains suggestions such as movies using AI and machine learning technology, and others. In order, to provide these facilities, TVs are embedded with system on a chip. For instance, according to Coherent Market Insights analysis, Samsung 4K model is equipped with 4K UHD Processor chip and Xiaomi’s models is equipped with ARM Cortex-A53 system on chips. Moreover, online streaming is gaining popularity all over the world. For instance, according to Coherent Market Insights analysis, the global video streaming market is estimated to exhibit a 22.3% CAGR during the forecast period 2019-2027. Moreover, to stream content on TV, TV should be smart TV or should be attached to a smart set-top box. In both of these cases, system on a chip is required in a set-top box or in the smart TV. Thus increasing demand for smart TV and smart set-top box are expected to drive growth of the global system on a chip (SoC) market over the forecast period.

Market Taxonomy

This report segments the global system on a chip (SoC) market on the basis of type, end-use industry, and region. On the basis of type, the global system on a chip (SoC) market is segmented into digital, analog, and mixed signal. On the basis of end-use industry, the global system on a chip (SoC) market is segmented into automotive, aerospace and defense, IT & telecommunication, consumer electronics, industrial, healthcare, others, and on the basis of region, the global system on a chip (SoC) market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global system on a chip (SoC) market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global system on a chip (SoC) market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the global system on a chip (SoC) market include Apple Inc., Huawei Technologies Co. Ltd., MediaTek Inc., Qualcomm Technologies Inc., Samsung Electronics CO. LTD., Intel Corporation, STMicroelectronics N.V., Toshiba Corporation, NXP Semiconductors N.V., and Broadcom Inc. among others.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global system on a chip (SoC) market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global system on a chip (SoC) market

Detailed Segmentation:

  • Global System on a Chip (SoC) Market, By Type:
    • Digital
    • Analog
    • Mixed Signal
  • Global System on a Chip (SoC) Market, By End-use Industry:
    • Automotive
    • Aerospace and Defense
    • IT & Telecommunication
    • Consumer Electronics
    • Industrial
    • Healthcare
    • Others
  • Global System on a Chip (SoC) Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
  • Company Profiles
    • Apple Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Apple Inc.
    • Huawei Technologies Co. Ltd.
    • MediaTek Inc.
    • Qualcomm Technologies Inc.
    • Samsung Electronics Co. LTD.
    • Intel Corporation
    • STMicroelectronics N.V.
    • Toshiba Corporation
    • NXP Semiconductors N.V.
    • Broadcom Inc.

*Browse all the market data tables and figures on “Global System on a Chip (SoC) Market - Forecast to 2027”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global System on a Chip (SoC) Market, By Type, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Digital
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Analog
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Mixed Signal
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
  5. Global System on a Chip (SoC) Market, By End-use Industry, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Automotive
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Aerospace and Defense
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • IT & Telecommunication
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Consumer Electronics
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Industrial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
  6. Global System on a Chip (SoC) Market, By Region, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Israel
        • GCC Countries
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-use Industry, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
        • South Africa
        • Central Africa
        • North Africa
  7. Competitive Landscape
    • Company Profiles
      • Apple Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Huawei Technologies Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • MediaTek Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Qualcomm Technologies Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Samsung Electronics Co. LTD.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • NXP Semiconductors N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Intel Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Toshiba Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • STMicroelectronics N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Broadcom Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on “Global System on a Chip (SoC) Market -forecast to 2027”.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts.
• By Type • By End-use Industry • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner