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The global source market is primarily driven by an increase in the
demand for smarter and power efficient electronic devices across all
sectors. Recent years have seen a huge increase in demand for
connecting devices such as smart phones and tablets among others.
Also, the advent of smart gadgets, such as smart television and smart
air conditioners among others, has also been highly influential in
the growth of the demand for SoCs. The global increase in internet
users has been significantly boosting the demand for ‘connected’
devices which are again mostly powered by SoCs having internet
centric applications. Thus, it also boosted the global market for
SoCs. The dimensional scaling of integrated circuits (IC), leading to
declining cost per function and increased manifestation of Moore’s
law have also been playing a significant role in positively driving
this market. Development of newer generations of SoCs having
multi-core technologies and embedded graphics systems has been
another factor which also played a huge role in the growth of this
market. With the rising demand of compact and scalable ICs in global
electronic industry, the SoC market can be expected to be impacted
positively.
The global source market has been segmented into four regions: North
America, Europe, Asia Pacific (APAC) and Rest of the World (RoW).
Asia-Pacific held the largest market share in 2014. Increased demand
for smarter consumer electronics coupled with high growth in the
number of internet users and higher acceptance of connected devices
are the main driving factors in this part of the world. North America
was the second largest market, followed by Europe. The SoC market in
North America was mainly driven by factors such as an increase in
demand for smart devices, higher application of SoCs in automobiles
and advancement in electronic devices targeted at sectors such as
telecommunication, military and healthcare among others. The growth
in Europe can also be attributed to factors similar to North America.
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The global SoC market, by types, can be divided into four segments
such as digital, analog, mixed signal and others. The demand for
smarter devices with advanced functionalities has led the mixed
signal SoCs segment to have the largest market share. On the basis of
applications, the market can be segmented into four segments. They
are telecommunication, consumer electronics, automotive and others.
The high growth in demand for smart devices has led to consumer
electronics being the largest segment of market revenue.
Some of the leading players in the market are Apple, Inc. (US),
Broadcom Corporation (US), Freescale Semiconductor, Inc. (US),
Infineon Technologies AG. (Germany), Intel Corporation (US),
Qualcomm, Inc. (U.S.), Samsung (South Korea.), Taiwan Semiconductor
Manufacturing Co. Ltd. (Taiwan), STMicroelectronics N.V.
(Switzerland), Toshiba Corporation (Japan) and MediaTek Inc. (Taiwan)
among others.
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