DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vm676f/global_combochip) has announced the addition of the "Global Combo-chip for Tablet Market 2014-2018" report to their offering.
The analysts forecast the Global Combo-chip for Tablet market to grow at a CAGR of 41.3 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing sales of tablets worldwide. The Global Combo-chip market for Tablets has also been witnessing technological convergence. However, the high cost of integration could pose a challenge to the growth of this market.
The key vendors dominating this market space are Broadcom Corp., Marvell Technology Group Ltd., and Texas Instruments Inc.
Other vendors mentioned in the report are Apple Inc., Qualcomm Inc., and Media Tek Inc.
Commenting on the report, an analyst from the team said: One of the emerging trends witnessed in recent years is the integration of multiple features on a single platform. Combo-chips have become a vital component for wireless connectivity devices such as tablets and smartphones. The increasing need among consumers to communicate and access data has increased the demand for combo-chips in tablets. Combo-chips that integrate Bluetooth, Wi-Fi, GPS, FM radio, and NFC technology provide tablet users with faster connectivity and consume less power than stand-alone chips. Thus, the functional consolidation in tablets is expected to drive the Global Combo-chip for Tablet market during the forecast period.
According to the report, one of the major drivers in the market is the increasing sales of tablets. The increasing adoption of tablets across the globe has encouraged vendors to continuously add multiple features in tablets to give a better consumer experience. The integration of combo-chips in tablets provides high performance, and range and power advantages, thereby increasing the adoption of tablets, which in turn contributes to the growth of this market.
For more information visit http://www.researchandmarkets.com/research/vm676f/global_combochip
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