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Global “Multimedia Chipsets Market” Report (2019 – 2024) – CAGR Status, Market Growth, Trends, Analysis and Forecasts – 360 Market Updates

Multimedia Chipsets

Multimedia Chipsets Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Multimedia Chipsets market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Multimedia Chipsets Market report is anticipated to register a CAGR of 6.9% over a five years forecast period (2018 – 2023).”

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List of Major Key players operating in the Global Multimedia Chipsets Market are –

  • NVIDIA Corporation
  • Intel Corporation
  • Qualcomm Inc.
  • Cirrus Logic Inc.
  • Advanced Micro Devices Inc.
  • DSP Group Inc.
  • Apple Inc.
  • Broadcom Corporation
  • Realtek Semiconductor Corporation
  • Marvell Technology Group Ltd.
  • Samsung Group
  • MediaTek Inc.
  • NXP Semiconductors N.V.
  • STMicroelectronics
  • and Actions Semiconductor Co. Ltd.

The multimedia chipsets market has been valued at USD 26.48 billion in 2017 and is expected to register a CAGR of 6.9% during the forecast period (2018 – 2023), to reach USD 39.76 billion by 2023. The scope of the report covers the applications of chipsets in multimedia products such as TVs, set top boxes, computers, and handheld devices across various industries.

Rising penetration of high-speed internet connection, increasing demand for functional hardware in various mobile devices, including smartphones and wearable combined with the high growth potential of multimedia chipsets in the gaming industry are major factors driving the market for multimedia chipsets. The rapid growth of set top box and IPTV is also driving the demand for multimedia chipsets. Moreover, initiatives have been taken by various governments across the world that instruct the digitization of conservative cable television, like the changeover from analog to an internet centered digital television system, which has increased the demand of set top boxes at a tremendous rate. However, higher static costs related to the formation of manufacture unit is limiting the development of multimedia chipsets market.

Owing to the increasing demand for smartphones and other handheld devices there has been a growth in the number of users demanding consumer electronics for the purpose of watching videos and movies online. Improved internet facilities across the world has made it easier for consumer to stream videos online, considerably increasing their numbers over the past few years. Hence, graphics chipsets have consistently been holding the larger revenue share in multimedia chipsets market.

Furthermore, the market in 2017 witnessed several technological developments taken up by various companies. For instance, in October, Advanced Micro Devices Inc. introduced Embedded Radeon E9170 Series graphics processing unit which expanded display capabilities and were available with multi-chip module format, which was integrated with memory. This core graphics technology is ideal for delivering crystal clear resolution and a stunning and seamless 4K experience across multiple displays. Also, in July 2017, Cirrus Logic had launched a development kit for Alexa Voice Service that boosted the smart speakers and smart home applications including hands-free portable speakers, voice-controlled devices, and networked speakers. These advances have introduced market with various new innovative products that have spurred the adoption of these chipsets.

Asia Pacific to remain a Lucrative Market for Multimedia Chipsets

APAC is expected to witness a higher demand for handheld devices and set top boxes and IPTVs, which form the two most lucrative application segments for multimedia chipsets. Asia Pacific multimedia chipsets also take in high investments for SoC manufacturing, which complements the fact that this region is a global hub for semiconductor companies. China holds the largest number of smartphone users in the world, while also having a huge subscription base for IPTVs, making it a key market for multimedia chipset players. At the same time, Singapore offers a very high level of market penetration for smartphones and consumer electronics, allowing most entrants a good shot at gaining revenues.

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Scope of the Report:

The report analyses Multimedia Chipsets market, which includes –

  • Analysis of the growth of Multimedia Chipsets market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Multimedia Chipsets market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Multimedia Chipsets market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Multimedia Chipsets market are discussed.
  • The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Multimedia Chipsets Market Report:

  • Varying dynamics of the Multimedia Chipsets industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
  • Multimedia Chipsets market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Multimedia Chipsets market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Multimedia Chipsets Market Report:

  • The report analyses how stringent emission control norms will drive the global Multimedia Chipsets market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Multimedia Chipsets market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Multimedia Chipsets:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

Look into Table of Content of Multimedia Chipsets Market Report @ https://www.360marketupdates.com/TOC/12887100#TOC

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