The Asia Pacific Digital TV SoC Market would witness market growth of 11.7% CAGR during the forecast period (2022-2028).
System-on-a-chip (SoC) technology has begun to be implemented in smaller-sized personal computers and laptops. The goals of this implementation are to decrease the amount of power that is consumed as well as to improve the performance of the tablet or notebook. This is accomplished by utilizing a single chip to manage all of the various facets of the system.
An application known as digital signage is what drives a platform that consists of a system-on-chip (CPU), memory (DRAM + Flash), and an operating system. One of the most notable points of distinction is that some of the "SoC displays" have a more robust computing platform and operating-system architecture than the others do, which makes them a better platform for digital signage than others.
Approximately in 2013, the very first SoC gadgets were introduced to the market. The goal was to construct a digital signage screen that had all of the necessary components to operate the digital signage software without the need for a "player" to be further installed. The aim was to develop an all-in-one solution that would be less difficult to install, have a lower total cost, and be simpler to implement in large quantities. This would also be helpful since it would cut down on the number of components that are required for any digital signage installation.
India has a significant installed base of CRT and non-smart TVs, both of which are capable of being updated and have drawn the attention of major smart TV makers who are concentrating on producing solutions that meet the needs of the Indian client base. Take, for instance: The MediaTek Pentonic 2000 is the world's first 7-nanometer 8K digital TV flagship system-on-chip (SoC), which was launched in November of 2021 by MediaTek and Taiwan Semiconductor Manufacturing Co. Ltd (TSMC). Built with TSMC's N7 advanced process technology, the MediaTek Pentonic 2000 offers unrivaled performance and power efficiency with features such as powerful artificial intelligence (AI) engines, Versatile Video Coding (VVC) decoding, Motion Estimation and Motion Compensation (MEMC), and picture-in-picture (PiP) technology. As a result, the growing need for electronic devices and chips that are efficient in their use of energy is driving the demand for the digital TV system on the chip market in the Asia Pacific.
The China market dominated the Asia Pacific Digital TV SoC Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,001.5 Million by 2028. The Japan market is estimated to grow a CAGR of 11.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12.5% during (2022 - 2028).
Based on End User, the market is segmented into Residential, and Commercial. Based on Application, the market is segmented into LCD, LED, OLED, and QLED. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Digital TV SoC Market is Projected to reach USD 17.4 Billion by 2028, at a CAGR of 11.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Qualcomm, Inc., Toshiba Corporation, NXP Semiconductors N.V., STMicroelectronics N.V., MediaTek, Inc., Broadcom, Inc., Apple, Inc., and Taiwan Semiconductor Manufacturing Company Limited
By End User
By Application
By Country
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