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Value Multicore SoCs in the Smart Home Market will have a CAGR of 80.3% by 2023, says Semico Research

With the AI trend emerging, the semiconductor market has gone from a state of lamenting the lack of innovation and new applications to one of seeing an explosion of new possibilities. The short- and long-term impacts on SoC architectures, the SIP market, software, design starts, EDA tools, market revenues and unit volumes are going to be profound. In a new Semico Research Report, Artificial Intelligence: Powering the Next Generation Of Growth, Value Multicore SoCs in the Smart Home market are forecast to have a CAGR of 80.3% by 2023. This new report provides additional detail on the current status and growth of AI in the Smart Home and Automotive markets.
"The AI revolution will emulate the rapid development, adoption and evolution into all aspects of the economy and our personal lives as did the smartphone market," according to Rich Wawrzyniak, Principal Market Analyst ASICs and SoCs for Semico Research. "The evolution of the AI market is going to be impactful. There will be winners and losers, but there are many applications in the market that can benefit from either AI inference, AI training or both. There will certainly be more SoC architectural winners in the AI market than there were in the PC market when one CPU architecture was chosen."
Key findings of this new research include: 

  • Basic SoCs will have the highest unit volumes in smart home appliances reaching nearly 655M units by 2023.
  • The penetration rate for all SoCs with some level of AI functionality will reach 44.0% by 2023.
  • The total AI SoC unit volume for the Automotive market will surpass 2.8 billion units by 2023.
  • AI SoC growth from 2019 to 2020 for Adaptive Driver Assistance Systems (ADAS) will be 103.7%.
  • AI SoC for total Automotive grows to nearly $3 billion by 2023.
  • AI Advanced Performance Multicore SoC for Automotive will be nearly $1 billion and have a CAGR of over 35% over the next five years.

Semico Research's new report, Artificial Intelligence: Powering the Next Generation Of Growth, is an in-depth analysis of artificial intelligence with detailed data on the Smart Home and Automotive markets which already have a significant amount of AI functionality integrated into them. This is a Word document that contains 108 tables and 123 figures in 174 pages providing data on the current and future growth of AI functionality and design starts for all category of SoC. An Excel workbook with all the data in the tables and figures is accompanies the Word document.
Also included is a review of current AI architectural solutions provided by the following companies: AMD, Cisco, Google, GreenWaves Technology, Gyrfalcon, Intel, NVIDIA, Qualcomm, Syntiant, ThinCI, Wave Computing and Xilinx.

For pricing and additional information, please contact:
Rick Vogelei
Business Development
Phone: 602-997-0337
About Semico
Semico is a semiconductor marketing & consulting research company located in Phoenix, Arizona.  We offer custom consulting, portfolio packages, individual market research studies and premier industry conferences.