MRRSE System-on-Chip (SoC) Market | Page 2

management circuits among others. The smaller form factor combined with computing power of SoCs has led to its integration into various devices such as mobile phones, smart washing machines, tablets, smart air-conditioners, smart television and set-top boxes among others. Upgraded SoCs are being designed to smaller size, but has doubled the computing speed than its predecessors. Also, the newer SoCs are more energy efficient and generates much less heat when compared to their predecessors. The global SoC market is primarily driven by an increase in the demand for smarter and power efficient electronic devices across all sectors. Recent years have seen a huge increase in demand for connecting devices such as smart phones and tablets among others. Also, the advent of smart gadgets, such as smart television and smart air conditioners among others, has also been highly influential in the