The Europe Mobile SoC Market would witness market growth of 16.6% CAGR during the forecast period (2023-2030).
These SoCs find applications in many embedded systems, ranging from medical devices and industrial machinery to smart appliances. Their compact size, power efficiency, and computational prowess make them suitable for diverse embedded applications. In healthcare, these SoCs have found profound applications in many medical devices. From portable diagnostic tools to wearable health monitors, these embedded systems leverage these SoCs' compact size and computational prowess to enable real-time data processing and analysis.
Moreover, in industrial settings, the integration of these SoCs contributes to the advancement of smart and connected machinery. Embedded systems powered by SoCs are crucial in monitoring and controlling industrial processes, optimizing efficiency, and enabling predictive maintenance. The compact form factor of these SoCs is particularly advantageous in space-constrained industrial environments. Their computational capabilities support tasks such as real-time data analysis, machine vision, and communication with other connected devices, fostering the implementation of Industry 4.0 principles.
As per data from Eurostat, in 2019, roughly one in twenty employed individuals aged 20-64 in the EU (5.5%) worked remotely regularly. As a result of the COVID-19 pandemic, this proportion more than doubled to 12.3% in 2020 (+6.8 percentage points; pp). An incremental rise of 1.2 percentage points occurred in the proportion of individuals who routinely conducted their work from home in 2021, reaching 13.5%. Eastern and Midland regions in Ireland and Stockholm in Sweden experienced respective increases of +33.1 pp and +32.8 pp. Hence, the increasing remote work trends in Europe will help in the expansion of the regional market.
The Germany market dominated the Europe Mobile SoC Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $100.8 Million by 2030. The UK market is exhibiting a CAGR of 15.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 17.6% during (2023 - 2030).
Free Valuable Insights: The Global Mobile SoC Market will Hit $1.9 Billion by 2030, at a CAGR of 17.0%
Based on Operating System, the market is segmented into Android, and iOS. Based on Core Type, the market is segmented into Octa Core, Quad Core, Hexa Core, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Operating System
By Core Type
By Country
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