Global system-on-chip market is anticipated to grow at a considerable CAGR of 8.8% during the forecast period (2023-2030). ADAS-based system-on-chip (SoC) is an optimized and scalable family of devices that is designed to cater to the requirements of leading ADAS. This SoC has numerous channels which are used as dedicated hardware. SoC, are a group of chips used to create solutions for autonomous application problems. Through interfaces and high-performance electronic control units (ECUs), these chips connect sensors to actuators. It has a wide range of functions, including the ability to convert data from cameras into panoramic stereoscopic video that can be watched from different angles and produces sharp HD video. This makes it possible to recognize images, such as those of pedestrians on a road, avert collisions, find objects, and use surround monitoring systems. The need for SoC in the automotive and transportation sectors is anticipated to increase as a result. ADAS helps drivers in routine navigation and parking without fully automating the process but instead leveraging computer networks to enable more data-driven and safer driving experiences. ADAS aims to reduce the incidence and severity of automotive accidents that are unavoidable and result in deaths and injuries. It gives important road closures and blockages, congestion levels, and advised routes to avoid traffic. One can also use such systems to detect human driver tiredness and distraction and issue cautionary signals to analyze driving performance and provide recommendations.
Browse the full report description of “System-on-Chip Market Size, Share & Trends Analysis Report by Type (Analog, Mixed and Digital), by Application (Smartphones, Home Appliances, Advanced Driver-Assistance System (ADAS), Medical Devices, Telecommunications & Electronics and Others) and By End-User (Consumer Electronics, Automotive & Transportation, IT & Telecommunication, Healthcare and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/system-on-chip-market
Embedded vision is another crucial aspect of ADAS, which utilizes advanced image processing algorithms to extract information from camera inputs. By analyzing the visual captured by cameras, embedded vision systems can identify traffic signs, lane markings, pedestrians, and other vehicles. For instance, in January 2022, Qualcomm Technologies, Inc., introduced the snapdragon ride vision system, an open and scalable platform for automated driving it is built on a four-nanometer (4nm) process technology system-on-chip (soc) designed for an optimized execution of front and surround cameras for advanced driver assistance systems (ADAS) and automated driving (AD)
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Huawei Technologies Co., Ltd., Intel Corporation, Infineon Technologies AG, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global System-on-Chip Market Report Segment
By Type
By Application
By End-user
Global System-on-Chip Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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