Press release
System-On-Chip Market : Worldwide Opportunities, Driving Forces, Future Potential 2031
According to a new market report pertaining to the system-on-chip market, published by Transparency Market Research, the global system-on-chip market is expected to reach US$ 206.79 Bn by 2026, expanding at a CAGR of 11.0% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region rising at a CAGR of 12.6% during the forecast period from 2018 to 2026. Smartphones application of system-on-chip is anticipated to significantly drive the global system-on-chip market across the globe.Want to know the obstructions to your company's growth in future? Request a Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5189
Increasing adoption of smartphones and PC/laptops due to the requirement of faster speed and all on a single chip, is witnessing noteworthy growth around the globe. The global system-on-chip market is showing significant growth due to its rising adoption in the consumer electronics and telecommunication industry. The rising demand and adoption of advance technologies to obtain faster response and lower power consumption in compact devices are estimated to contribute to the growth of the system-on-chip market in the coming years. Key players in the market are continuously enhancing their research and development expertise to design advanced system-on-chip required in various applications such as smartphones, PC/laptops, networking devices, game consoles, digital cameras, and others. Also its usage in end use industries such as consumer electronics, telecommunication, healthcare, automotive, aerospace and defense, industrial and others, have influenced the growth of the system-on-chip market.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=5189
Asia Pacific (APAC) held the largest market revenue share for the system-on-chip market in 2017 and this region is anticipated to grow at a remarkable CAGR of 12.6% during the forecast period. Consumer electronics and the need for robust system-on-chip for fast response devices is anticipated to drive the system-on-chip market across APAC. Analyzing the Asia Pacific system-on-chip market at country level, in 2017, China held majority of revenue share of the Asia Pacific system-on-chip market followed by India. Also, in terms of revenue generation, India is anticipated to expand at a significant CAGR over the forecast period. Rising demand for smart devices by the growing population across the country is likely to create lucrative market opportunity for system-on-chips.
View Report @ https://www.transparencymarketresearch.com/soc-market.html
The research study includes profiles of leading companies operating in the global system-on-chip market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players in the system-on-chip market are Apple Inc., Broadcom Limited, Infineon Technologies, Intel Corporation, Qualcomm Inc., Samsung Electronics Co. Ltd., STMicroelectronics N.V., Taiwan Semiconductor Manufacturing Co. Ltd., Toshiba Corporation, MediaTek Inc., Maxim Integrated Products, Inc., Microchip Technology Inc., Texas Instruments, and ON Semiconductor. Various business strategies are being adopted by the market leaders. Companies are focusing on expanding their business by developing strategic partnerships and by offering innovative solutions in the end-use market.
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports
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