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The system-on-chip (SOC) test equipment market size is estimated to grow at a CAGR of 9.43% between 2023 and 2028. The market size is forecast to increase by USD 2.26 billion. The growth of the market depends on several factors, including the increasing demand for SoCs due to their benefits, the growth of fabless companies causing a rise in demand from the entire manufacturing value chain, and the shortening of product life cycle. SoC is an integrated circuit used in consumer electronics such as smartphones and smartwatches. It is also used in hardware deployed in IT and telecommunication infrastructure, automotive systems, and others such as STBs and PCs. SoC is similar to a printed circuit board (PCB) on which many chips and components are assembled. The only difference between a SoC and a PCB is that the former enables the integration of several components on a single chip.
The report includes a comprehensive outlook on the System-on-Chip (SOC) Test Equipment Market, offering forecasts for the industry segmented by Application, which comprises consumer electronics, IT and telecommunication, automotive, and others. Additionally, it categorizes End-user into integrated device manufacturer (IDM), foundry, and design hous, and covers Geography regions, including APAC, North America, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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