System-on-Chip Market and Design Trends Q3 2024
Explore how AI and integration will drive the SoC market to $478B by 2029, enabling advanced silicon solutions and addressing industry challenges through third-party IP and enhanced EDA tools.
The SoC final market will grow to $478b in 2029, driven by artificial intelligence and the increasing integration. The System-on-Chip method of creating silicon solutions is pervasive in all applications, from application-specific ICs to Microprocessors, Microcontrollers, FPGAs, and mixed-signal ICs. This approach (and its extension to chiplets) enables heterogeneous integration of IP blocks for the highest level of integration, performance, and power efficiency. The semiconductor industry faces escalating design costs, software complexity, and shrinking market windows. To counterbalance these trends, designs increasingly use third-party IP and enhanced EDA tools.
