Market Analysis
According to Market.us, Theglobal System On Chip (SoC) marketis valued at USD 167.2 Billion in 2023. The overall demand for System On Chip (SoC)s is expected to develop at an 8.0% CAGR over the forecast period from 2023 to 2032. Global sales of System On Chip (SoC) are anticipated to reach USD 327.8 Billion by 2032. This growth is being fuelled by several factors, including an increase in demand for smart devices, expansion of IoT capabilities, and development of innovative applications such as artificial intelligence (AI) and machine learning (ML).
