SoC

The Digital TV System on Chip (SoC) market is rapidly growing, with a Compound Annual Growth Rate (CAGR) of 12.6% from 2022 to 2029, according to new research from Maximize Market Research. The market size was valued at $9.68 billion in 2022 and it is predicted to grow past $22 billion by 2029.

The Rising Popularity of Smart TVs

One of the primary factors driving the Digital TV SoC market growth is the rising popularity of smart TVs. As they require advanced SoCs to handle the processing and decoding of digital signals, manufacturers are investing heavily in research and development to meet the demand.

Increasing Demand for High-Resolution Video Content

In addition, the increasing demand for high-resolution and high-quality video content is also driving the growth of the digital TV SoC market.

The Asia Pacific region has been the largest market for Digital TV SoCs, with China, Japan, and South Korea being the significant contributors to the market. North America and Europe are also significant markets for Digital TV SoCs due to the high penetration of digital TV services in these regions.

Integration of Various Components

A Digital TV SoC integrates various components such as a microprocessor, memory, graphics processing unit, and other peripherals onto a single chip. These chips are used in digital televisions, set-top boxes, and other multimedia devices.

 

Key players in the Digital TV SoC market include MediaTek, Broadcom, Qualcomm, Intel, and Samsung Electronics. These companies are investing heavily in research and development to create new, advanced SoCs to cater to the increasing demands of consumers for better performance and features in their multimedia devices.

Staying Competitive in the Market

As the Digital TV SoC market continues to grow, it is essential for manufacturers to stay up-to-date with the latest technological advancements and consumer demands. The ability to offer better performance and features in multimedia devices will be a crucial factor in staying competitive in the market.

 

Find out more about the SoC’s members that support our community and which platforms we offer.

Source: CSI Magazine

Digital TV SoC Market Expected to Exceed $22 Billion by 2029

The Digital TV System on Chip (SoC) market is rapidly growing, with a Compound Annual Growth Rate (CAGR) of 12.6% …

Realtek and NAGRA collaborate on hybrid RDK set-top box solution

Collaboration to develop Hybrid RDK solution. Taiwanese semiconductor and DTVKit member Realtek has announced that it is collaborating with Nagra …

Global OTT revenues at $224bn by 2027

OTT revenues to grow by $89 billion Global revenues from OTT TV episode and movies will reach $224 billion in …

EKT, ST Engineering iDirect, EasyBroadcast present SKYflow, the Industry’s First Native IP over Satellite Ecosystem

Native IP over Satellite EKT, EasyBroadcast and ST Engineering iDirect are collaborating on SKYflow, a cutting-edge multicast ABR (Adaptive Bit …

The Evolution of AOSP and its place in the market

Key steps in the AOSP evolution To understand Google’s current dominance, begin with a close look at the history and …

Why is RDK different and what problems does it solve?

What is RDK? RDK has taken the market by storm in recent years and has offered operators an alternative to …

Is it still possible to own the Set-top box experience?

What this whitepaper will cover This paper looks at the software ecosystem options available to operators for a new generation …

Market Forecast: STB market expected to be worth $20bn by 2028

Global STB Market Despite the proliferation of smart TVs, the market for set-top boxes is still growing and a report …