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Global Mixed-Signal SoC Market Will Grow at a CAGR of 6% During 2019-2023 | Technavio

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Technavio has announced the release of their research report on the
global mixed-signal SoC market for the forecast period 2019-2023. This
global mixed-signal SoC market analysis report segments the market by
application (consumer electronics, IT and Telecommunication, automotive,
and others) and geography (the Americas, APAC, and EMEA).

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Technavio has published a new market research report on the global mixed-signal SoC market from 2019 ...

Technavio has published a new market research report on the global mixed-signal SoC market from 2019-2023. (Graphic: Business Wire)

Global mixed-signal SoC market size will grow by almost USD 17.6 billion
during 2019-2023, at a CAGR of more than 6%. Many countries are focusing
on developing smart cities to manage assets and resources efficiently.
For instance, in April 2018, the Philippines Government announced its
plan to develop a new smart city called New Clark City. The first phase
of the project is likely to be completed by 2022. The rise of
investments in smart city projects is leading to the development of a
network infrastructure that hastens the deployment of telecommunication
networks and data centers. This creates a demand for smart lighting,
smart traffic management, smart utility, and water and waste management.
As these devices and equipment require MCUs, MPUs, and several analogs
and mixed-signal components, the increasing investment in smart city
projects will fuel the global mixed-signal SoC Market.

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Short product replacement cycles of mobile
computing devices

Consumers regularly replace their devices with newer ones as mobile
computing device OEMs frequently upgrade their products by integrating
advanced features. Hence, devices such as smartphones and tablets have
shorter replacement cycles. Also, strong competition in the smartphone
market has led to continuous technological developments and increased
product launches within a short period. For instance, Apple launches new
and improved smartphones every year so that their customers can replace
their old smartphones with the latest ones. The increase in the product
replacement cycles of mobile computing devices such as smartphones and
tablets is expected to increase the demand for mixed-signal SoCs.

APAC will see a faster growth during the forecast period. There are
many OEMs of consumer electronic devices, automobiles, telecommunication
equipment, and enterprise networking equipment in the region. Countries
such as India, China, Indonesia, and the Philippines are generating a
huge demand for smartphones. In the Americas, many automotive OEMs are
investing heavily in autonomous vehicles. Autonomous vehicles are
equipped with advanced sensors and electronic components. Also, the
development of the telecommunication network in the region is
facilitating a smooth transition from 3G/4G to 5G. Many such factors
will collectively contribute to the growth of the global mixed-signal
SoC market
”, says an analyst at Technavio.

Companies such as Huawei Technologies, Nokia, ZTE, and SK TELECOM are
heavily investing in the development of telecommunication network
infrastructure globally. For instance, the three South Korean
telecommunications companies SK TELEKOM, KT, and LG Uplus recently
announced the launch of 5G services in South Korea. In October 2018,
Huawei Technologies received the approval for conducting 5G field trials
in India by the Department of Telecommunications of the Ministry of
Communications, the Government of India. Many such developments among
vendors are expected to boost the global mixed-signal SoC market during
the forecast period.

View
snapshot of the report
for a more detailed overview of
the market and the segmentation covered in this report

This global mixed-signal SoC industry research report provides an
in-depth analysis of the major drivers, upcoming trends, and challenges
that will impact market growth over the forecast period. The report
analyzes the competitive landscape and offers details on several
mixed-signal SoC manufacturers including –

  • Apple Inc.
  • Huawei Technologies Co., Ltd.
  • MediaTek Inc.
  • Qualcomm Technologies, Inc.
  • SAMSUNG ELECTRONICS CO., LTD.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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