System-On-Chip Market: Latest Innovations, Drivers And Industry Key Events 2018 - 2026
According to a new market report pertaining to the system-on-chip market, published by Transparency Market Research, the global system-on-chip market is expected to reach US$ 206.79 Bn by 2026, expanding at a CAGR of 11.0% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region rising at a CAGR of 12.6% during the forecast period from 2018 to 2026. Smartphones application of system-on-chip is anticipated to significantly drive the global system-on-chip market across the globe. Rise in Demand for Smart Devices Increasing adoption of smartphones and PC/laptops due to the requirement of faster speed and all on a single chip, is witnessing noteworthy growth around the globe. The global system-on-chip market is showing significant growth due to its rising adoption in the consumer el...