Title: Multimedia Chip market
1 Multimedia Chip market Research Report By
Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Multimedia Chip market Forecast To 2023
Multimedia Chip market Forecast To 2023
- Market Research Future (MRFR) has recently
launched an in-depth report on the global
Multimedia Chip market which is a compilation of
key market insights derived from the thorough
analysis of the pertinent trends and factors
affecting the market. As per MRFRs analysis, the
global Multimedia Chip market is set to grow to
USD 30 billion by 2023 at a CAGR of 6 over the
forecast period (2018-2023). It is driven by the
rising development of system-on-a-chip (SoC)
processors which can incorporate multiple
functions. The rise in gaming, augmented reality
(AR), and virtual reality (VR) among consumer is
likely to push the demand for multimedia
chipsets. Increasing dependence on simulations
for testing of cars, buildings, and other concept
designs can push for its demand.
3Multimedia Chip market Forecast To 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Multimedia Chip
market Forecast To 2023
- Rising penetration of wearables and smartphones
can create opportunity for the market.
Installation of applications which require the
functionality and computing speed of these
processors can propel the market growth
exponentially. Furthermore, development of music
players which are efficient as smart devices
coupled with changing standards for communication
networking technologies is predicted to bode well
for the Multimedia Chip market. Conversely,
multimedia chipsets require high investment for
SoC manufacturing which is likely to be restraint
to the market growth. Nevertheless, the market is
likely to find growth opportunities in the coming
years from the emergence of 5G.
4Multimedia Chip market Forecast To 2023
Global Multimedia Chip market Segmented on the
basis of
The global Multimedia Chip market has been
segmented based on type, application, and end
users. By type, the Multimedia Chip market has
been segmented into audio chipsets, graphics
chipsets, and others. By application, the
Multimedia Chip market has been segmented into
digital cable TV, set-top box IPTV, home media
players, handheld devices, and others. By end
user, the Multimedia Chip market has been
segmented into consumer electronics, IT and
telecommunications, media and entertainment,
government, and others.
5Multimedia Chip market Forecast To 2023
Global Multimedia Chip market - Geographical
Analysis
- Region-wise, the Multimedia Chip market has been
segmented into North America, Rest-of-the-World
(RoW), Europe, and Asia Pacific (APAC). -
- North America market is experiencing the highest
demand for multimedia chipsets and is estimated
to be the leading market. Escalating demand for
graphics chipsets and expanding application range
of multimedia chipsets is fostering the growth of
the market. Surge in the use of wearables and
handheld devices in the region has also spurred
the demand for multimedia chipsets. -
- Continuous demand for multimedia chipsets from
the region's gaming industry has substantiated
the growth of the Europe Multimedia Chip market.
Europe accounts for the second most significant
share of the market while the APAC market is
poised to be the fastest growing market over the
forecast period. Fast track digitalization the
APAC region coupled with growing penetration of
IPTV, set-top box and other electronic gadgets
can be credited for the expansion of the market.
China, India, and Japan are the key contributors
to the APAC Multimedia Chip market. Moreover, the
region being a major semiconductor manufacturing
hub bodes well for the growth of the market.
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6Multimedia Chip market Forecast To 2023
Global Multimedia Chip market - Competitive
Analysis
- Qualcomm Inc. (U.S.), Cirrus Logic Inc. (U.S.),
STMicroelectronics (Switzerland), Actions
Semiconductor Co., Ltd. (China), Broadcom
Corporation (U.S.), Samsung Group (South Korea),
Intel Corporation (U.S.), DSP Group, Inc. (U.S.),
Marvell Technology Group, Limited (U.S.), Realtek
Semiconductor Corp (Taiwan), - Advanced Micro Devices Inc. (U.S.), NXP
Semiconductors N.V. (Netherlands), MediaTek Inc.
(Taiwan), NVIDIA Corporation (U.S.), and Apple
Inc. (U.S.).
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om/reports/optical-fingerprint-sensor-market-4750
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