A
new study on the system-on-chip (SoC) market published by
Transparency Market Research (TMR) determines that the market stood
at US$35.95 Billion in 2014. The report, titled “System-on-Chip
(SoC) Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 – 2021”, estimates the global SoC market to
expand at a CAGR of 10.5% during the forecast period from 2015 to
2021 and reach a value of US$71.98 billion by the end of the forecast
period.
Browse
Report: http://www.transparencymarketresearch.com/soc-market.html
According
to the report, the rising demand for smart and power-efficient
electronic devices is the prime factor driving the global SoC market.
Another significant factor fueling the SoC market is the increasing
demand for embedded graphics and multi-core technologies. However,
the cyclical nature of the global semiconductor industry is expected
to hamper the growth of the system-on-chip market over the forecast
period.
The
market study states that in 2014, the consumer electronics devices
industry emerged as the largest end user of SoC. The market segment
is expected to continue to dominate the SoC market over the forecast
period.
Mixed
signal SoC leads the global SoC market, based on product type. The
rising demand for smart devices equipped with advanced
functionalities is the key driver of the mixed signal SoC market. The
market segment is expected to maintain its leading position during
the forecast period.
Browse
Press Release:
http://www.transparencymarketresearch.com/pressrelease/soc-market.htm
Asia
Pacific is the biggest SoC market, followed by North America and
Europe. The APAC regional market is predicted to maintain its
dominance over the forecast period.
The
research report also analyzes the competitive landscape of the global
SoC market by evaluating the company profile of major players in the
market, including Intel, STMicroelectronics, Freescale Semiconductor,
Apple, Toshiba, Qualcomm, Taiwan Semiconductor Manufacturing,
MediaTek, Samsung Electronics, Infineon Technologies, and Broadcom.
Browse
Article:
http://www.transparencymarketresearch.com/article/soc-market.htm
About
TMR
Transparency
Market Research (TMR) is a U.S.-based market intelligence company
driven by high-pedigree consultants and researchers. TMR leverages
its Syndicated Research, Custom Research, and Market Consulting
expertise to help businesses make accurate decisions. TMR’s
exclusive blend of quantitative forecasting and trends analysis draws
on proprietary data sources and techniques, while their data
repository is continuously updated to reflect the latest trends.
Contacts
Transparency
Market Research
Mr.
Atil Chaudhari, +1-518-618-1030
USA-Canada
Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/
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