The Automotive SoC Global Market Report 2023, provides comprehensive information on the automotive SoC market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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According to The Business Research Company's 2023 Automotive SoC Global Market Report, the global automotive System on Chip (SoC) market is poised for substantial expansion. It is projected to surge from its 2022 valuation of $23.18 billion to a noteworthy $25.36 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 9.4%. However, geopolitical events, notably the Russia-Ukraine conflict, have cast a shadow on global economic recovery in the short term. This turbulent situation has triggered economic sanctions, led to soaring commodity prices, and resulted in significant supply chain disruptions. The ripple effect has manifested in inflationary pressures across a broad spectrum of goods and services, impacting various global markets.

Anticipating a rebound, the global automotive SoC market is projected to attain a value of $34.77 billion by 2027, with a slightly moderated CAGR of 8.2%. This dynamic landscape underscores the interconnectedness of geopolitical factors and their profound influence on the automotive SoC market's trajectory.

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In the ever-evolving landscape of the automotive System on Chip (SoC) market, a conspicuous and transformative trend is the surging momentum of product innovations. Leading entities within the realm of automotive SoC are fervently dedicating their resources and expertise to craft pioneering technological solutions that promise to solidify their market prominence. An illustrative exemplar of such innovation can be observed in Qualcomm Technologies Inc., a distinguished US-based semiconductor behemoth.

As a herald of innovation, in the inaugural month of the year 2023, Qualcomm Technologies Inc. introduced to the world the Snapdragon Ride Flex, an automotive SoC marvel. This groundbreaking creation represents the industry's maiden foray into a scalable family of SoCs specially engineered to support the concurrent operation of the digital cockpit and advanced driver assistance systems. A hallmark of this prodigious innovation is its seamless integration with the Snapdragon RideTM Vision stack, a testament to its holistic approach. The synergy of its hardware and software components is a resounding triumph, dedicated to elevating computer vision and artificial intelligence capabilities, all while ensuring the most judicious power consumption. The net result is an unparalleled performance in mixed-criticality scenarios, revolutionizing the automotive SoC landscape.

The automotive SoC market is segmented:

1) Automotive SoC Market By Offerings: Hardware, Software, Services

2) Automotive SoC Market By Vehicle Type: Passenger Cars, Commercial Vehicles

3) Automotive SoC Market By Application: Infotainment System SOCs, Advanced Driver Assistance Systems (ADAS), Intelligent Transport System, In-Vehicle Networking System, Connected Vehicle Platform

Asia-Pacific was the largest region in the automotive SoC market in 2022.

The table of contents in TBRC’s automotive SoC market report includes:

1. Executive Summary

2. Automotive SoC Market Characteristics

3. Automotive SoC Market Trends And Strategies

4. Automotive SoC Market - Macro Economic Scenario

5. Automotive SoC Market Size And Growth

..........

26. Africa Automotive SoC Market

27. Automotive SoC Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Automotive SoC Market

29. Automotive SoC Market Future Outlook and Potential Analysis

30. Appendix

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