LONDON--(BUSINESS WIRE)--The global mixed signal SoC market is expected to post a CAGR of more than 6% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
Mobile computing device OEMs are consistently introducing innovative technologies to encourage customers to upgrade their devices. The launch of newer versions of mobile computing devices such as smartphones and tablets makes the existing products obsolete compelling customers to frequently upgrade their devices with newer and improved versions. This leads to consistent growth of the mobile computing device market. However, the integration of advanced technologies requires multiple ICs. This has necessitated the need for mixed signal SoCs to optimize the performance of mobile computing devices. Therefore, increasing demand from the mobile computing device OEMs will drive the growth of the global mixed signal SoC market during the forecast period.
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As per Technavio, the rising investments in smart cities will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global Mixed Signal SoC Market: Rising Investment in Smart Cities
Growing investments in smart city projects are leading to the development of network infrastructure and accelerating the deployment of telecommunication networks and data centers. This has increased the demand for smart lighting, smart meters, smart appliances, enterprise networking equipment, and telecommunication equipment. These devices are backed with an extensive number of MCUs, PCUs, and several analog and mixed signal components. Hence, rising investments in smart cities will be a crucial factor in boosting the growth of the global mixed signal SOC market.
“Increasing demand for IoT devices and the transition toward large-diameter wafers are other factors that will further boost market growth during the forecast period”, says a senior analyst at Technavio.
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Global Mixed Signal SoC Market: Segmentation Analysis
This market report segments the global mixed signal SoC market by application (consumer electronics, IT and telecommunication, automotive, and others) and geography (Americas, APAC, and EMEA).
The APAC region led the market in 2018, followed by the Americas and EMEA respectively. During the forecast period, the APAC region is expected to maintain its dominance over the market. The presence of numerous OEMs in the automotive, consumer electronic devices, enterprise networking equipment, and telecommunication equipment sectors is one of the major reasons for the high growth of the mixed signal system-on-chip SoC market in this region.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Geographic comparison
- Key leading countries
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
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