System-on-Chip (SoC) Industry Set to Grow at 8.3% CAGR by 2029 with Rising Adoption in Connected and Smart Devices
The System-on-Chip (SoC) industry is projected to grow from USD 138.46 billion in 2024 and is estimated to reach USD 205.97 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.3% from 2024 to 2029. The growth of the System-on-Chip (SoC) industry is driven with the increasing trend of SoC in automotive industry along with the adoption of IoT and connected...
SoC Technology Market Size, Share, and Industry Forecast
The System-on-Chip (SoC) technology market has emerged as one of the most influential segments in the global semiconductor industry, transforming the way devices process, compute, and communicate. With growing adoption across consumer electronics, automotive, telecommunications, and industrial applications, the SoC market is experiencing robust growth. As industries move toward miniaturization, energy...
What Are the Major Trends Shaping the SoC Market?
The System-on-Chip (SoC) market is undergoing rapid transformation, driven by the escalating demand for compact, high-performance, and energy-efficient solutions across industries. SoCs have become the core enablers of modern electronics, integrating computing, memory, graphics, connectivity, and specialized accelerators onto a single chip. As consumer electronics, automotive systems, industrial automation,...
Global Future Trends of the System-on-Chip (SoC) Industry: Growth Trends, Regional Insights, and Future Opportunities
The System-on-Chip (SoC) industry is poised for significant growth as it becomes an integral component across various sectors, from consumer electronics to automotive, healthcare, and industrial applications. SoCs, which integrate processors, memory, and other essential components onto a single chip, offer enhanced performance, energy efficiency, and compact design, making them critical for the rapidly...