SoC Market Analysis and Forecast: The Emergence of AI
November 9, 2018 | Semico ResearchEstimated reading time: 1 minute
With the artificial intelligence trend emerging, the semiconductor market has gone from lamenting the lack of innovation and new applications to seeing an explosion of new possibilities opening before it. The short and long term impacts on SoC architectures, on the SIP market, on the software market, on design starts, on the EDA market, on market revenues and on unit volumes are going to be profound. A new research report from Semico, SoC Market Analysis and Forecast: The Emergence of Artificial Intelligence forecasts that these new applications will help drive total revenue for the SoC market to approach $191 billion by 2023.
"AI has been around many years as a concept, but recently enough progress has been made to implement AI applications in viable consumer products, such as Siri, Google, and Amazon’s Alexa," says Rich Wawrzyniak, Principal Analyst for Semico's ASIC/SoC Research. "The building blocks of AI—machine vision and voice recognition—are becoming an essential part of IoT. Technology, as embodied by the SoC market and the SIP market, has progressed to the point where single-chip designs can implement these functions with the right performance and cost structures."
Key findings of this new research include:
- The IoT market will reach 44.0 billion connected devices by 2023
- At the advanced nodes of 7nm and 5nm, Architecture and Verification remain the two largest issues SoC designers must deal with in terms of time, complexity and cost.
- The Standard Cell market was $5.9B in 2017.
- FPGAs will have a CAGR of 8.3% from 2017 to 2023.
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