The report is a comprehensive presentation of trends, forecast and dollar values of global system on chip market. According to report the global system on chip market is projected to grow at a CAGR of 11.30% over the forecast period of 2018-2024.

Pune, India -- (SBWire) -- 10/29/2018 --"Our latest research report entitled System On Chip Market (by applications (smartphones, networking devices, pc/laptops, game), type (digital, analog, mixed signal), end use (automotive, aerospace and defense, telecommunication, consumer electronics, healthcare and industrial)) provides complete and deep insights into the market dynamics and growth of System On Chip. Latest information on market risks, industry chain structure System On Chip cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential System On Chip growth factors.

The forecast System On Chip Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, System On Chip on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report."

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Intel Acquires Net speed Systems to Boost Its System on a Chip Business

In September 2018-Intel has announced another acquisition as it continues to pick up talent and IP to bolster its next generation of computing chips beyond legacy PCs. The company has acquired Net Speed Systems, a startup that makes system-on-chip (SoC) design tools and interconnects fabric intellectual property (IP).

Intel is designing more products with more specialized features than ever before, which is incredibly exciting for Intel architects and for our customers," said Jim Keller, senior vice president, and general manager of the Silicon Engineering Group at Intel, in a statement. Intel has made a series of acquisitions to speed up development of newer chips to work in connected objects and smaller devices beyond the PCs that helped the company make its name.

Rising Adoption of IoT to Promote Growth in the System on a Chip Market

SoC provides greater design security at hardware and firmware levels and provides faster execution due to high-speed processor and memory. These factors drive the growth of the System-On-A-Chip Market. In addition, the surge in demand for smart and power-efficient electronic devices is boosting the growth of the system on the chip market. Rising adoption of IoT and increasing demand for mobile computing devices has led to the significant rise in using SOC's this, in turn, is driving the growth of the system on chip market. However, High initial cost of design & development and maintenance is likely to restrain the growth of the system on chip market over the forecast period. Moreover, adoption of SoCs in nanorobots and increased demand for embedded graphics is further providing several growth opportunities for the key players in the system on chip market growth. On the other hand, advancement in the manufacturing process and availability of cost-effective silicon chip for specific hardware is expected to create ample opportunities for many players in the semiconductor market.

Asia Pacific Region to Contribute To Growth in the Global System on a Chip Market

Asia Pacific dominated the system on chip market followed by North America. The growth in the Asia Pacific region is due to the increase in acceptance of connected devices and increasing adoption of various end-user industries. Factors such as the increased demand for smart electronic devices and the increasing adoption of IoT-based technologies across a number of industry verticals have been some of the key growth factors for the growth of the Asia Pacific regions. North America is anticipated to show a significant growth rate, owing to the increasing adoption of consumer appliances.

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