Multimedia Chipset Market Synopsis
As per the Market Research Future
Reports (MRFR), the global multimedia chipset market is estimated to expand at a CAGR of
6% and will approximately value USD 30 billion by the end of the review period.
The global multimedia chipset market 2020 poses to be ferociously competitive. Intending
to target, position, and segment their sensors into the global market and to
propel the market growth, the organizations need to be up to the mark and have
to come up with a developed technology method to stand firm in the fierce
atmosphere of competition. The major players are spending enormously in
research and development for developing and innovating their products
perpetually and are seeking market growth through several tactics of merging
and acquiring, innovating and producing low-cost product portfolio.
Established organizations such as Broadcom Corporation
(U.S.), NVIDIA Corporation (U.S.), Qualcomm Inc. (U.S.), Intel Corporation
(U.S.), Advanced Micro Devices Inc. (U.S.), Cirrus Logic Inc. (U.S.), Apple
Inc. (U.S.), DSP Group, Inc. (U.S), Broadcom Corporation (U.S.), are the
forefront leaders of multimedia chipset solutions in the global market. The
rising demand for internet protocol television is one of the most important
factors leading to the growth of multimedia chipset market growth. Owing to the
high-speed internet activity, IPTV is attaining popularity among the
users.
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Key Players
Some of the forefront competitors in the global multimedia
chipset market are Intel Corporation (U.S.), NVIDIA Corporation (U.S.), Realtek
Semiconductor Corp (Taiwan), Cirrus Logic Inc. (U.S.), Qualcomm Inc. (U.S.),
Advanced Micro Devices Inc. (U.S.), Apple Inc. (U.S.), DSP Group, Inc. (U.S.),
Broadcom Corporation (U.S.), Samsung Group (South Korea), Marvell Technology
Group, Limited (U.S.), Actions
Semiconductor Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands),
MediaTek Inc. (Taiwan), STMicroelectronics (Switzerland), and few others.
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Market Segmentation
The global multimedia chipset market is
segregated into the application, type, end-users, and region.
On the basis of application, the global
multimedia chipset market can be divided into handheld devices, home media
players, set-top boxes and IPTV, digital cable TV, and others.
On the basis of type, the global multimedia
chipset market can be divided into graphics chipsets, audio chipsets, and
others.
On the basis of end-users, the global
multimedia chipset market can be divided into government, media and
entertainment, IT and telecommunications, consumer electronics, and others.
On the basis of region, the global multimedia
chipset market can be divided into North America, Europe, Asia Pacific and the
Rest of the World.
Regional Analysis
The global multimedia chipset market is
analyzed for North America, Asia Pacific, Europe and the Rest of the World
(RoW).
The North American market is the most potent
land and earns the maximum revenue. Owing to the rising demand for graphics
chipsets, used for providing high definition picture quality on the system are
some of the important factors propelling the multimedia chipset market growth.
The European countries are turning to be
multimedia chipset markets owing to the rise in demand for high-quality audio
chipsets used in speakers and are likely to expand at the highest CAGR during
the forecast period. The European market is estimated to acquire the
second-largest share of the global multimedia chipset market during the
forecast period owing to the increasing demand for the developed graphics
application in the gaming industry.
The Asia Pacific nations like India, Japan,
and China are some of the regions that are developing and leading regions at a
global level in terms of market share. It has been estimated that the APAC
region will exhibit the maximum CAGR in the forthcoming period.
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