System-on-Chip market accelerates in 2024 and 2025
Discover how System-on-Chip (SoC) technology drives innovation in smartphones, computing, and AI. This report explores SoC's role in performance and efficiency, its evolution to chiplets, and forecasts 17% revenue growth in 2024 with a 9% CAGR through 2029.
The System-on-Chip (SoC) methodology for designing chips has been around for a while and is a key driver of the smartphone revolution (Application Processors). It is pervasive in adjacent markets such as computing as a key enabler of improved computing performance and power efficiency. Its extension to chiplet and Superchips makes it the dominant approach for application-specific silicon and a key enabler of the Artificial Intelligence era. We expect the SoC revenue to grow 17% in 2024 and continue with a 9% CAGR toward 2029.
