Market Highlights
The global multimedia chipset market is spanned across Americas, Europe, Asia Pacific, and Rest of the world. North America dominates the multimedia chipset market due to increasing penetration of high-speed internet connection that has positive implications for the future of media and communications sector, which is propelling the Multimedia Chipset Market growth to a large extent. On Jan. 09, 2018, DSP Group, Inc. has introduced low-cost voice assistants with advanced ultra-low energy, system-on-a-chip and smart voice audio/voice processors powered by HDClear.
The North American region is experiencing a higher demand due to increasing demand for functional hardware in various mobile devices, including smartphones and wearable, which are propelling the multimedia chipset market growth to the large extent.The prominent companies such Qualcomm Inc. (U.S.), Cirrus Logic Inc. (U.S.), Advanced Micro Devices Inc. (U.S.), DSP Group, Inc. (U.S.), Apple Inc. (U.S.), Broadcom Corporation (U.S.), Marvell Technology Group, Limited (U.S.), is providing multimedia chipset solutions to the market. These major players are investing in the offering multimedia chipset solution across the world.
The global multimedia chipset market is expected to reach USD ~ 30 billion at a CAGR of over 6% by the end of the forecast period.
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Global Multimedia Chipset Market Segmentation:
The global multimedia chipset market is segmented into type, application, end users, and region. The type is sub-segmented into audio chipsets, graphics chipsets, and others. The application segment is sub-segmented into digital cable TV, set-top box & IPTV, home media players, handheld devices, and others. The end-users segment is sub-segmented into consumer electronics, IT and telecommunications, media and entertainment, government, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.
Key Players
Some of the prominent players in the global multimedia chipset market are NVIDIA Corporation (U.S.), Intel Corporation (U.S.), Realtek Semiconductor Corp (Taiwan), Qualcomm Inc. (U.S.), Cirrus Logic Inc. (U.S.), Advanced Micro Devices Inc. (U.S.), DSP Group, Inc. (U.S.), Apple Inc. (U.S.), Broadcom Corporation (U.S.), Marvell Technology Group, Limited (U.S.), Samsung Group (South Korea), Actions Semiconductor Co., Ltd. (China), MediaTek Inc. (Taiwan), NXP Semiconductors N.V. (Netherlands), STMicroelectronics (Switzerland), among others.
Regional Analysis:
The global multimedia chipset market is studied for the Asia Pacific, North America, Europe, and Rest of the World. In North America, the multimedia chipset market is gaining the highest market growth due to the increasing demand for graphics chipsets, used for delivering high definition picture quality on the system, are propelling the multimedia chipset market growth. Whereas, European countries are emerging as multimedia chipset markets due to the increasing demand for high-quality audio chipsets used in speakers and are expected to grow at the highest CAGR over the review period. Asia Pacific countries such as China, Japan, and India, are some of the leading regions in the globe in terms of market share.
Industry News:
In February 2019, Qualcomm, a world leader in 3G and next-generation mobile technologies, announced the launch of its latest Snapdragon 712 chipset introduced with improved gaming features and quick charge 4+ support.
In January 2019, Huawei Co., a Chinese multinational consumer electronics and technology company, has officially unveiled its new chipset to be used in servers.
In January 2019, a subsidiary of Sinclair Broadcast Group, ONE Media 3.0, and Saankhya Labs in collaboration with Samsung Foundry and VeriSilicon, introduced the world’s most advanced multi-standard demodulator System-on-a-Chip (SoC) that supports the ATSC 3.0 standard.
In December 2018, Bengaluru-based Saankhya Labs announced the introduction of the nation’s first ‘Made in India’ chipset.
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Intended Audience:
- Multimedia chipset companies
- Multimedia chipset providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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