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Multimedia Chipsets Market Expected to reach USD 39.95 billion by 2025 | Market Size, Share and Demand Analysis

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Multimedia Chipsets Market Expected to reach USD 39.95 billion by 2025 | Market Size, Share and Demand Analysis

January 19
05:12 2019

The report on “Multimedia Chipsets Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.
The report on “Multimedia Chipsets Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.

Multimedia Chipsets Market Overview:

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. 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 are limiting the development of multimedia chipsets market.

 

Browse TOC and other details of 110 pages Multimedia Chipsets Market Research Report @ https://www.researchcosmos.com/reports/global-multimedia-chipsets-market-research-report-2018/82328738

 

Multimedia Chipsets Market Size and Growth Analysis:

The multimedia chipsets market has been valued at USD 26.49 billion in 2017 and is expected to register a CAGR of 7% during the forecast period (2018 – 2025), to reach USD 39.95 billion by 2025.

Multimedia Chipsets Market Demand Drivers and Restraints:

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 have 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.

 

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Some of the Prominent Players in Multimedia Chipsets Market:

STMicroelectronics, NXP Semiconductors, Qualcomm, NVIDIA, MediaTek, DSP Group, Apple, Actions Semiconductor, Broadcom Corporation, Marvell Technology Group, Samsung

 

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