System-on-Chip Market to Reach US$ 317.8 Billion by 2031, Driven by...

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2026-02-20 10:08:58 -

System-on-Chip Market to Reach US$ 317.8 Billion by 2031, Driven by Rising Demand for Smart Devices, AI Integration, and 5G Infrastructure

The global system-on-chip (SoC) market was valued at US$ 151.8 Bn in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2031, reaching an estimated US$ 317.8 Bn by the end of 2031. Strong growth prospects are supported by rising adoption of smart and connected devices, rapid digitization, and increasing demand for compact, energy-efficient, and...

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