Albany, NY -- (SBWire) -- 07/31/2018 --System-on-Chip (SoC) refers to an integrated circuit (IC) which comprises of numerous components such as control unit, timing units, memory blocks, and interfaces. All of the forenamed components are mounted on a single chip in a seamless manner. SoC is quite analogous to central processing unit (CPU) of a computer. But, a minor difference is its compact size and it relatively occupies less space when compared to a CPU. The components of the SoC may be different and the number is solely dependent on intended use of it onto a device. Some of prominent factors such as compact nature of SoC, rise in demand for smart & efficient electronic devices, and burgeoning adoption of IoT is encouraging the growth trajectory of the global system-on-chip market. However, high initial cost of development & design as well as efforts directed towards maintenance are slated to inhibit the market growth.
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Furthermore, continuous increase in requirement of compact and scalable ICs in the global electronic industry is expected to pose magnanimous opportunities for market players for successful expansion. These insights are picked from a new report, titled "System-On-Chip Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026," recently added to the all-inclusive repository of Market Research Reports Search Engine (MRRSE).
Global System-on-chip Market: Scope of the Report
The study comprehends a decisive view of the global system-on-chip market. The market is fragmented on the basis of type into digital, analog, mixed signal, and others. By application, the market has been segmented into smartphones, networking devices, PC/laptops, game consoles, digital cameras, and others.
By end-use, the market finds its application in domains of automotive, aerospace & defense, telecommunication, consumer electronics, industrial, healthcare and many more. The report encompasses a breakdown of the system-on-chip market according to different regions and categorizes it at different levels, thereby providing valuable insights at both micro as well as macro levels.
The report sheds light on the competition landscape in the system-on-chip market, wherein the key market leaders are ranked based on their recent developments & geographic presence. The insights included in this report is a result of numerous extensive primary interviews, secondary research, and in-house reviews by panel of experts. These market estimates have been framed by considering the overall impact of various economic, political, social, legal, & technological aspects.
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Global System- on-chip Market: Research Methodology
The research methodology is a combination of phases namely primary research, secondary research, and expert panel reviews. Secondary sources include a comprehensive understanding of annual reports, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, industry white papers, resourceful websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, and statistical databases.
The primary research phase involves telephonic interviews, e-mail conversations, and face-to-face interviews to fetch an extensive and unbiased outlook of the global system-on-chip market, across different territories. All these phases are carried out with utmost discipline to fetch relevant data which will be of great help for the market players to outperform their business goals.
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System-on-Chip Market- Steady Demand Across Smart Consumer Electronics to Push the Growth
Continuous increase in requirement of compact and scalable ICs in the global electronic industry is expected to pose magnanimous opportunities for market players for successful expansion