Introduction of novel technologies; and innovation in automation, precision, and electronics industry verticals are boosting the development of system-on-chip products, thus creating lucrative opportunities for manufacturers of SoCs. Manufacturers are increasing their R&D activities to innovate in deep learning chips, machine learning chips, and artificial intelligence chips to broaden their revenue streams.
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Adoption of system-on-chip is rising across the globe due to its various advantages such as reduced energy wastage and lower cost. On the other hand, semiconductor companies are establishing stable income sources by bolstering the manufacture of power line communication system-on-chip products, flip chips, and chiplets. This is evident as the power line communication technology is being publicized as a low-cost solution for data communication by allowing the transfer of data over existing power lines. Furthermore, manufacturers are diversifying their production of chip on board (CoB) LEDs. CoB LEDs are used as solid-state lighting (SSL) replacements for metal-halide lamps in applications such as high-bay lighting, street lights, and high-output track lights & downlights.
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Innovations in mixed signal system-on-chip (MxSoC), organ-on-a-chip, and zigbee system-on-chip are becoming prominent. Lucrative incremental opportunities in smart sensors, low data rate RF devices, and medical monitoring devices are fueling the demand for mixed signal SoC products. Breakthrough innovations in organ-on-a-chip are paving the way for technological advancements in the field of disease modeling and drug testing. On the other hand, rise in demand for low-data rate, low-power applications, and open standard wireless technology is augmenting the demand for zigbee system-on-chip to be embedded in electronic devices.
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Market Research Future published a research report on “Global System on a Chip (SoC) Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.System on Chip Market - OverviewGlobally the market for system-on-chip is expected to grow from USD 131.83 billion in 2017 to USD 207.21 billion by 2023, at a compound annual growth rate (CAGR) of 8.3% during the forecast period.Major factors such as the increasing demand for smart, compact and power-efficient electronic device and rise in adoption of IoT based technologies is spurring the growth of system-on-chip market globally.
The requirement for compact and scalable ICs in the global electronic industry is expected to bring numerous opportunities, thereby supporting the growth of the system-on-chip market during the forecast period.
The market for system-on-chip has seen considerable growth due to rising applications in end-user industries, with smartphones application having the largest market share.
Industries such as telecommunication, consumer electronics, and healthcare are also leading verticals in adopting system-on-chip technology so as to improve the performance of networking devices and biomedical devices.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/2207System-on-chip is an integrated circuit on which several electronic components are combined together such as transistors, control units, memory units, peripherals, and others, depending on the type of its application.
It contains both hardware and software that results in better response time and efficient power consumption.
SoC is an efficient way to enhance the performance of the device and helps to meet the ever-increasing computational demand.
Report Summary :-System on Chip SoC-Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on System on Chip SoC industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights.
No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.Ask for Free Sample Pages @ http://orbisresearch.com/contacts/request-sample/2109850Key questions answered by this report include: Worldwide and Regional Market Size of System on Chip SoC 2013-2017, and development forecast 2018-2023 Main manufacturers/suppliers of System on Chip SoC worldwide, with company and product introduction, position in the System on Chip SoC market Market status and development trend of System on Chip SoC by types and applications Cost and profit status of System on Chip SoC, and marketing status Market growth drivers and challengesThe report segments the global System on Chip SoC market as: Global System on Chip SoC Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2013-2023): North America Europe China Japan Rest APAC Latin AmericaGlobal System on Chip SoC Market: Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2023): Digital Analog Mixed Signal OthersGlobal System on Chip SoC Market: Application Segment Analysis (Consumption Volume and Market Share 2013-2023; Downstream Customers and Market Analysis) Telecommunication Consumer Electronics Automotive OthersMake an Enquiry @ http://orbisresearch.com/contacts/enquiry-before-buying/2109850Global System on Chip SoC Market: Manufacturers Segment Analysis (Company and Product introduction, System on Chip SoC Sales Volume, Revenue, Price and Gross Margin): Apple Inc Broadcom Limited Infineon Technologies Intel Corporation Qualcomm Inc. Samsung Electronics STMicroelectronics Taiwan Semiconductor Manufacturing Co. Ltd. Toshiba Corporation MediaTek IncIn a word, the report provides detailed statistics and analysis on the state of the industry; and is a valuable source of guidance and direction for companies and individuals interested in the market.About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
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