Reports

System-on-a-Chip (SoC) is a method of creating silicon solutions that delivers highly integrated chips for the ASIC markets. Designs with very high complexity are regularly accomplished using this approach.  Revenue for this market will grow from $227.9 billion in 2022 to $250 billion by 2027, a CAGR of 5.6%.  In addition, over the next five years, higher revenues will continue to be driven by the following factors:

The 3rd Party Semiconductor Intellectual Property (SIP) and the System-on-a-Chip (SoC) markets are undergoing good revenue growth as the world continues to move past the COVID-19 pandemic. Headwinds with weakness in global economies and inflation pose some overall concern, but Semico is assuming any economic downturn will not be long or severe. Augmenting these trends is the emergence of Artificial Intelligence (AI) functionality that is being incorporated in many SoCs and applications.

SoC design methodology has been affected by EDA vendors who have been active in proposing several changes and improvements that encompass analyzing the SoC design process as a complete—SIP creation, SIP integration, SoC design, applications software development, and EDA tools required to manage the total design process.

The semiconductor industry is in the midst of a great deal of upheaval in 1Q 2023, brought on by COVID-19 and geopolitical tensions.  With the semiconductor shortages brought on by disruptions caused by the COVID-19 pandemic, announcements in new fab projects and expansions reached a fever pitch in 2022.  This has been particularly true of the United States, as companies seek to diversify production away from China.  Moving toward self-sufficiency is a new goal in the wake of the increased level of geopolitical tension around the world.  A number of countries are pledging money ...