Growth Factors of system-on-chip (SoC) Market
The global system-on-chip (SoC) market is experiencing strong and sustained expansion as semiconductor technologies advance and the demand for compact, efficient, high-performance electronics accelerates worldwide. Valued at USD 134.09 billion in 2024, the market is projected to reach USD 144.23 billion in 2025 and nearly double to USD 269.83 billion by 2032, driven by rapid innovation in consumer electronics, automotive applications, IoT devices, and AI-enabled hardware.
A system-on-chip integrates multiple electronic functions-CPU, GPU, memory interfaces, connectivity modules, and signal processors-onto a single microchip. This high-density configuration enables faster processing, reduced energy consumption, and minimal physical footprint, making SoCs indispensable in mobile devices, AI-powered electronics, industrial automation systems, and next-generation vehicles.
Generative AI Transforming SoC Development
Generative AI is reshaping the semiconductor landscape by enabling faster, more advanced chip design. AI-assisted tools support simulation, verification, and optimization, significantly reducing development time. Leading companies such as NVIDIA are launching AI-optimized SoCs tailored for heavy-duty computing tasks, including the GeForce RTX 50 Series GPUs powered by the Blackwell AI chip. These advanced SoCs address the rising computational demands of generative AI, edge processing, and intelligent devices, strengthening market growth.
Key Market Trends
A prominent trend is the surging demand for IoT and connected devices, which require compact, power-efficient, and high-speed SoCs. As IoT expands across smart homes, healthcare, wearables, and industrial automation, SoCs serve as the backbone, providing processing, connectivity, and AI inference in a single integrated unit. Industrial robotics and factory automation further accelerate adoption, as they require real-time decision-making and precise control enabled by advanced SoCs.
Market Drivers
ADAS Integration in Automotive Systems
The automotive sector is increasingly implementing SoCs to support ADAS, autonomous driving features, and next-generation infotainment systems. Modern vehicles demand high-performance processors capable of handling sensor inputs, HD video, navigation, and AI workflows.
Recent developments highlight this shift:
- Renesas (2024) expanded its R-Car SoC lineup to support entry-level ADAS systems with strong AI processing capabilities.
- Qualcomm and BOSCH (2024) jointly introduced a central vehicle computer that integrates ADAS and infotainment functions on a single SoC platform.
As automakers move toward software-defined vehicles, SoCs will play a key role in unifying powertrain, safety, and entertainment systems.
Market Restraints
High manufacturing costs remain a major challenge. Designing advanced SoCs requires significant investment in R&D, nanometer-based fabrication, specialized expertise, and complex tooling. Rapid technological evolution also shortens product lifecycles, forcing companies to frequently invest in next-generation solutions to stay competitive. These financial and technical pressures create barriers for new market entrants.
Market Opportunities
The rising penetration of AI smartphones, AI PCs, and smart consumer electronics presents significant growth potential. AI-optimized SoCs equipped with NPUs and ML accelerators are gaining momentum. For instance, Qualcomm launched the Snapdragon 8s Gen 3 in 2024, providing enhanced on-device generative AI capabilities and advanced performance for mobile devices.
Segmentation Highlights
- Core Count: The octa-core segment held the largest market share in 2024 (30.05%) and is expected to grow fastest due to demand for high-performance smartphones, AI-driven devices, and efficient multitasking.
- Application: In 2025, the automotive segment is projected to hold 24.64% share, driven by EV adoption, ADAS deployment, and autonomous system advancements. Consumer electronics remained the second-largest segment in 2024, supported by strong demand for smartphones, tablets, and wearables.
Regional Outlook
North America dominated in 2024 with USD 43.74 billion, led by strong semiconductor innovation, AI adoption, and advanced consumer electronics demand. The U.S. is expected to reach USD 28.58 billion in 2025.
Asia Pacific is projected to be the second-largest region with USD 43.54 billion in 2025, bolstered by manufacturing hubs in China, Taiwan, South Korea, and Japan. China alone is expected to reach USD 10.77 billion in 2025.
Europe will be the third-largest region (USD 25.83 billion in 2025) due to automotive electrification, Industry 4.0, and smart manufacturing expansion.
Conclusion
Growing from USD 134.09 billion in 2024 to USD 269.83 billion by 2032, the system-on-chip market is set for remarkable expansion. With surging demand for AI-driven devices, connected technologies, autonomous systems, and high-performance electronics, SoCs will remain at the core of global technological advancement.
Segmentation By Core Count
- Single-core
- Dual-core
- Quad-core
- Hexa-core
- Octa-core
- Others (Multi-core, etc.)
By Application
- Consumer Electronics
- Automotive
- Network Infrastructure
- Computing & Data Storage
- Healthcare
- Industrial
- Others (Building Infrastructure, Energy, etc.)
By Region
- North America (By Core Count, By Application, and By Country)
- South America (By Core Count, By Application, and By Country)
- Brazil
- Argentina
- Rest of South America
- Europe (By Core Count, By Application, and By Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By Core Count, By Application, and By Country)
- Turkey
- Israel
- GCC
- South Africa
- North Africa
- Rest of Middle East & Africa
- Asia Pacific (By Core Count, By Application, and By Country)
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Companies Profiled in the Report Broadcom, Inc. (U.S.), MediaTek Inc. (Taiwan), Samsung (South Korea), Apple Inc. (U.S.), Qualcomm Technologies, Inc. (U.S.), Advanced Micro Devices, Inc. (U.S.), Intel Corporation (U.S.), NVIDIA Corporation (U.S.), NXP Semiconductor N.V. (Netherlands), and Micron Technology, Inc. (U.S.)
Table of Content
1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
2. Executive Summary
3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of Generative AI
4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global System-on-Chip Key Players (Top 3 - 5) Market Share/Ranking, 2024
5. Global System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Core Count (USD)
- 5.2.1. Single-core
- 5.2.2. Dual-core
- 5.2.3. Quad-core
- 5.2.4. Hexa-core
- 5.2.5. Octa-core
- 5.2.6. Others (Multi-core, etc.)
- 5.3. By Applications (USD)
- 5.3.1. Consumer Electronics
- 5.3.2. Automotive
- 5.3.3. Network Infrastructure
- 5.3.4. Computing & Data Storage
- 5.3.5. Healthcare
- 5.3.6. Industrial
- 5.3.7. Others (Building Infrastructure, Energy, etc.)
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
6. North America System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Core Count (USD)
- 6.2.1. Single-core
- 6.2.2. Dual-core
- 6.2.3. Quad-core
- 6.2.4. Hexa-core
- 6.2.5. Octa-core
- 6.2.6. Others (Multi-core, etc.)
- 6.3. By Applications (USD)
- 6.3.1. Consumer Electronics
- 6.3.2. Automotive
- 6.3.3. Network Infrastructure
- 6.3.4. Computing & Data Storage
- 6.3.5. Healthcare
- 6.3.6. Industrial
- 6.3.7. Others (Building Infrastructure, Energy, etc.)
- 6.4. By Country (USD)
- 6.4.1. United States
- 6.4.2. Canada
- 6.4.3. Mexico
7. South America System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Core Count (USD)
- 7.2.1. Single-core
- 7.2.2. Dual-core
- 7.2.3. Quad-core
- 7.2.4. Hexa-core
- 7.2.5. Octa-core
- 7.2.6. Others (Multi-core, etc.)
- 7.3. By Applications (USD)
- 7.3.1. Consumer Electronics
- 7.3.2. Automotive
- 7.3.3. Network Infrastructure
- 7.3.4. Computing & Data Storage
- 7.3.5. Healthcare
- 7.3.6. Industrial
- 7.3.7. Others (Building Infrastructure, Energy, etc.)
- 7.4. By Country (USD)
- 7.4.1. Brazil
- 7.4.2. Argentina
- 7.4.3. Rest of South America
8. Europe System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Core Count (USD)
- 8.2.1. Single-core
- 8.2.2. Dual-core
- 8.2.3. Quad-core
- 8.2.4. Hexa-core
- 8.2.5. Octa-core
- 8.2.6. Others (Multi-core, etc.)
- 8.3. By Applications (USD)
- 8.3.1. Consumer Electronics
- 8.3.2. Automotive
- 8.3.3. Network Infrastructure
- 8.3.4. Computing & Data Storage
- 8.3.5. Healthcare
- 8.3.6. Industrial
- 8.3.7. Others (Building Infrastructure, Energy, etc.)
- 8.4. By Country (USD)
- 8.4.1. United Kingdom
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Benelux
- 8.4.8. Nordics
- 8.4.9. Rest of Europe
9. Middle East & Africa System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Core Count (USD)
- 9.2.1. Single-core
- 9.2.2. Dual-core
- 9.2.3. Quad-core
- 9.2.4. Hexa-core
- 9.2.5. Octa-core
- 9.2.6. Others (Multi-core, etc.)
- 9.3. By Applications (USD)
- 9.3.1. Consumer Electronics
- 9.3.2. Automotive
- 9.3.3. Network Infrastructure
- 9.3.4. Computing & Data Storage
- 9.3.5. Healthcare
- 9.3.6. Industrial
- 9.3.7. Others (Building Infrastructure, Energy, etc.)
- 9.4. By Country (USD)
- 9.4.1. Turkey
- 9.4.2. Israel
- 9.4.3. GCC
- 9.4.4. North Africa
- 9.4.5. South Africa
- 9.4.6. Rest of MEA
10. Asia Pacific System-on-Chip Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Core Count (USD)
- 10.2.1. Single-core
- 10.2.2. Dual-core
- 10.2.3. Quad-core
- 10.2.4. Hexa-core
- 10.2.5. Octa-core
- 10.2.6. Others (Multi-core, etc.)
- 10.3. By Applications (USD)
- 10.3.1. Consumer Electronics
- 10.3.2. Automotive
- 10.3.3. Network Infrastructure
- 10.3.4. Computing & Data Storage
- 10.3.5. Healthcare
- 10.3.6. Industrial
- 10.3.7. Others (Building Infrastructure, Energy, etc.)
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.2. India
- 10.4.3. Japan
- 10.4.4. South Korea
- 10.4.5. ASEAN
- 10.4.6. Oceania
- 10.4.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Broadcom, Inc.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. MediaTek Inc.
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Samsung
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Apple Inc.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Qualcomm Technologies, Inc.
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Advanced Micro Devices, Inc.
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Intel Corporation
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. NVIDIA Corporation
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. NXP Semiconductor N.V.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Micron Technology, Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
12. Key Takeaways