Digital TV SoC Market By Type (Digital, Analog, and Mixed Signal), and End User (Automotive, Aerospace & Defense, IT & Telecommunication, Consumer Electronics, Industrial, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
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An integrated circuit is a device that incorporates most digital TV components. This can contain functions for processing digital, mixed-signal, and sometimes radio frequency signals. They are also assembled on a single substratum. In addition, SoCs consumes far less power than multi-chip designs with comparable functionality and take up much less space. Most tightly integrated computer systems have designs to enhance performance and reduce power consumption.
The global digital TV SoC market is segmented on the basis of type, end user, and region. Based on type, the digital TV SoC market is categorized into digital, analog, and mixed signal. On the basis of end user, the market is segregated into automotive, aerospace & defense, IT & telecommunication, consumer electronics, industrial, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global digital TV SoC industry include Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, STMicroelectronics N.V., Apple Inc., MediaTek Inc., and Taiwan Semiconductor Manufacturing Company Limited. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global digital TV SoC market.Â
Top Impacting Factors
Owing to increased applications in end-user industries, the market is seeing a significant growth. Â Industries such as telecommunications, consumer electronics, and healthcare are also leading vertical companies in the adoption of system-on-chip technology to enhance productivity of networking devices and biomedical devices. Significant impact factors in the digital TV system-on-chip market usually involves compact nature, increase in demand for smart and power-efficient electronic devices, and increase in adoption of IoT.
Increasing IoT Adoption
Digital TV SoC market share is undergoing significant Internet of Things (IoT) adoption due to the increased Wi-Fi connectivity penetration, increased demand for smart wearables, technological advances in wireless network technology, and growing cloud platform adoption. Additionally, the growth of smart transport and smart cities has contributed to rising IoT adoption. This in turn accelerates the expansion of the SoC market for digital TV.
Growth in Demand For Smart and Power-Efficient Electronic DevicesÂ
Consumers are opting for better battery back-up solutions and powerful & reduced power consumption. Therefore, the market demand for the system to offer enhanced efficiency and lower power consumption is on the rise. SoC enables better execution of tasks, owing to its memory and high-speed processor. In addition, owing to constantly rising demand, new SoC's with up to 10 cores are now entering the SoC market, and SoCs with additional cores are expected to be deployed in the future to meet customer demand.
Compact Design of SoC
SoC comprise multiple microprocessor components along with memory and I/O interfaces. All of these components are placed on the same chip and are internally connected, which significantly reduces size. In addition, SoC offers greater security of design at firmware and hardware level. Production of smaller-size upgraded SoC is underway, offering doubled processing speed in comparison to its contemporaries. Thus, this in turn, is estimated to drive the SoC demand for digital TV.
Key Benefits of the Report
- This study presents the analytical depiction of the global digital TV SoC market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global digital TV SoC market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global digital TV SoC market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed global digital TV SoC market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2020-2027 |
Base Year Considered | 2019 |
Forecast Period | 2020-2027 |
Forecast Units | Value (USD) |
Segments Covered | Type, End User, and Region |
Region Covered | North America (Canada, Mexico, U.S.), Europe (France, Germany, UK, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific), LAMEA (Africa, Latin America, Middle East) |
Companies Covered | Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Toshiba Corporation, NXP Semiconductors N.V., Broadcom Limited, STMicroelectronics N.V., Apple Inc., MediaTek Inc., and Taiwan Semiconductor Manufacturing Company Limited |
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COVID-19 Scenario Analysis
- COVID-19 can affect the global market in three ways: directly affecting production and demand, creating supply chain and market disruption, and having a financial impact on corporations and financial markets.
- Intel manufacturing has continued to operate on a relatively normal basis and sustained its manufacturing, assembly, test, and supply chain operations in the U.S., New Mexico, as well as Israel, Ireland, China, Malaysia, Vietnam, and other Intel and partner locations around the world.
- Toshiba continues to work closely with its parent company, manufacturers, product suppliers, and logistics partners while increasing efficiency of its local warehouse to prevent any production delays.
- Broadcom and other chipmaker companies have already suffered from a trade dispute between China and the U.S., owing to COVID-19. Around one-third of Broadcom’s goods go into systems that are either purchased in China or shipped from all over the world, but the outbreak of COVID 19, has hampered the market.
Digital TV SoC Market Key Segments
Segments | Sub-Segments |
Type |
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End User |
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Questions Answered in the Digital TV SoC Market Research Report
- Who are the leading market players active in the digital TV SoC market?
- What would be the detailed impact of COVID-19 on the digital TV SoC market size?
- How current digital TV SoC market trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the global market?
- What are the projections for the future that would help in taking further strategic steps?
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