System-on-Chip Market Size, Share, Growth Analysis, By Type (Analog, Digital), By Application (Home Appliances, Portable Electronic Devices), By End-User (Consumer Electronics, Automotive & Transportation), By Region - Industry Forecast 2025-2032

System-on-Chip Market size was valued at USD 164.1 Billion in 2023 and is poised to grow from USD 177.39 Billion in 2024 to USD 330.78 Billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032).

The fierce competition of the global system-on-chip market is dominated by major players including Qualcomm, NVIDIA, Intel, Samsung Electronics, and MediaTek. This industry would witness many new entrants that are mostly specific to niches, such as electric cars and industrial automation. The competition will depend on how much further innovations create the performance, energy efficiency, and integration capabilities of the products.  'Qualcomm (US)', 'Intel Corporation (US)', 'Broadcom Inc. (US)', 'Samsung Electronics Co., Ltd. (South Korea)', 'Taiwan Semiconductor Manufacturing Company Limited (Taiwan)', 'NVIDIA Corporation (US)', 'Advanced Micro Devices, Inc. (US)', 'MediaTek Inc. (Taiwan)', 'Texas Instruments Incorporated (US)', 'Apple Inc. (US)', 'NXP Semiconductors N.V. (Netherlands)', 'STMicroelectronics N.V. (Switzerland)', 'Micron Technology, Inc. (US)', 'Infineon Technologies AG (Germany)', 'Renesas Electronics Corporation (Japan)', 'Marvell Technology Group Ltd. (Bermuda)', 'Sony Corporation (Japan)', 'Xilinx, Inc. (US)', 'Arm Limited (UK)', 'Dialog Semiconductor PLC (UK)'

With electric vehicles rapidly gaining adoption, the need for system-on-chips has been increased. These cars will require high-performance, energy-efficient electronics in powertrain control, battery management, and autonomous driving. Several functions can be combined on a single chip using system-on-chips, thereby saving both power and space—factors that are particularly crucial in the case of EVs. Therefore, the significance of system-on-chip solutions is bound to increase with growth in the EV industry.

Development of 5G-capable SoCs: The deployment of 5G networks is propelling the development of system-on-chips that are particularly tailored for 5G applications. Such chips are designed to implement intricate protocols in communication, low latencies, and high rates of data transfer. Industries are increasingly coming aboard with 5G-enabled system-on-chips for easy connectivity and enhanced real-time processing capabilities. This will lead to innovation and increasing diverse applications. 

The North America system-on chip market took the highest share of revenue globally in 2024, with around 22%. Growth in demand for sophisticated consumer electronics and automobile sectors leading to a robust growth of this market in North America. Innovation and development in system-on-chips have been boosted by the region's strong technical infrastructure and presence of leading semiconductor companies. In addition, the fast growth of IoT devices has increased the demand for highly complex and efficient SoC solutions, while the rapid pace of AI and machine learning development is also fueling that demand.