The global System-on-Chip (SoC) Design Service Market was valued at USD 3.76 billion in 2024 and is projected to reach USD 5.53 billion by 2031, growing at a CAGR of 6.4%, according to Valuates Reports.
Key Growth Drivers System-on-Chip
- Rising demand for integrated, power-efficient semiconductor solutions.
- Growing adoption of SoCs in automotive, consumer electronics, telecom, and healthcare sectors.
- Design service providers enabling faster development through IP reuse and automation.
- Increasing complexity of chips driving demand for external consulting and verification support.
Market Trends System-on-Chip
Digital SoC Design is boosting market growth with power-efficient, high-performance integration, critical for mobile, wearables, and embedded systems. Mixed-Signal SoC Design combines analog and digital components for use in automotive sensors, audio devices, and wireless communication modules. Automotive Applications remain a key driver, fueled by demand for advanced driver assistance systems (ADAS), EV control units, and infotainment.
Leading Market Players
- Synopsys – EDA tools, IP cores, and SoC design platforms.
- Sondrel – Complex ASIC and SoC design for AI, automotive, IoT.
- Agnisys – SoC automation and hardware/software interface design.
- Socionext – Custom SoCs for automotive, networking, consumer devices.
- Cadence – EDA and AI-driven SoC development tools.
- Global Unichip Corp (GUC) – Advanced SoC design with TSMC process expertise.
Regional Insights
North America dominates the SoC design service market due to strong demand from automotive electronics, aerospace, and data centers. Meanwhile, Asia-Pacific shows the fastest growth, driven by consumer electronics manufacturing, fabless startups, and foundry ecosystems in Taiwan, South Korea, and China.
For detailed analysis, see the full report on Valuates Reports.