System-On-Chip Market to touch to US$ 206.79 Bn by 2026 - TMR
System-on-chip is an important part of consumer electronics industry. It serves a dynamic range of applications in multiple end-use industries around the globe. The system-on-chip market is witnessing significant technological advancements across the industry and has witnessed significant growth during the last two decades due to the growing consumer electronics industry. The system-on-chip market is expected to grow significantly with focus on augmenting the rapidly growing applications ranging from smartphones to networking devices. The market for system-on-chip is forecast to quickly grow to US$ 206.79 Bn by 2026 at a CAGR of 11.0% during the forecast period.