Digital TV SoC Market Report 2025

The digital TV SoC market size has grown rapidly in recent years. It will grow from $11.04 billion in 2024 to $12.36 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to transition to digital broadcasting, consumer adoption of smart TVs, rising demand for high-definition content, government initiatives for digitalization, proliferation of digital entertainment devices.

The digital TV SoC market size is expected to see rapid growth in the next few years. It will grow to $19.13 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to emergence of 4k and 8k technologies, integration with artificial intelligence (ai), growing demand for smart home ecosystems, evolution of interactive and immersive content, rise in internet protocol television (iptv). Major trends in the forecast period include connectivity standards, energy efficiency, interactive and immersive experiences, content security and digital rights management, global market expansion.

The growing adoption of smart TVs is anticipated to drive the expansion of the digital TV SoC market in the coming years. Smart TVs are advanced televisions equipped with internet connectivity and interactive features that go beyond traditional viewing. This increase in smart TV adoption is primarily fueled by the greater availability of high-speed internet, the rising popularity of online streaming services, and improved user experiences and features. Digital TV SoCs are integrated into smart TVs to support interactive functionalities, including video streaming, gaming, and social media applications. For instance, in June 2023, TCL Technology, a television manufacturing company based in China, reported that in 2022, its TV division shipped 23.8 million units, surpassing the broader market trend despite an overall industry decline. Consequently, the rise in smart TV adoption is propelling the growth of the digital TV SoC market.

The upswing in electronic device production is expected to further bolster the digital TV SoC market. Electronic devices, leveraging electronic components and circuits to perform specific functions such as processing, storing, transmitting, or displaying information or signals, benefit from digital TV SoCs that integrate multiple functions into a single chip, optimizing the design and performance of digital TVs. As per data released by Invest India, an India-based national investment promotion and facilitation agency, the domestic production of electronics reached $87 billion in the financial year 2022 and is projected to reach $300 billion by the financial year 2026. Consequently, the increased production of electronic devices is anticipated to be a significant driver for the future growth of the digital TV SoC market.

The integration of artificial intelligence (AI) into the digital TV System-on-Chip (SoC) has emerged as a prominent trend, gaining significant traction in the digital TV SoC market. Key industry players are actively focusing on developing technologically advanced products to strengthen their market positions. In August 2022, MediaTek, a prominent Taiwan-based semiconductor company, unveiled the Pentonic 700, a cutting-edge chipset specifically designed for 120Hz 4K smart TVs. Serving as a system-on-chip (SoC) for smart TVs, the Pentonic 700 features a robust AI processing engine tailored for high-end 120Hz 4K TVs. Noteworthy features include Dolby Vision IQ, integrated 4K120 MEMC and TCON, and optimizations for gaming. The chipset's AI processing unit (APU) is compatible with MediaTek's AI-Super Resolution, AI-Picture Quality (AI-PQ) Scene Recognition, and AI-PQ Object Recognition technologies, contributing to advanced edge smoothing and detail reconstruction.

Key players in the digital TV SoC market are concentrating on developing and launching advanced technological solutions, such as smart TVs, to achieve a competitive advantage. A smart TV is a television that combines internet connectivity and sophisticated computing capabilities, enabling users to directly access a wide array of online content and applications. For example, in November 2022, MediaTek Inc., a semiconductor company based in Taiwan, introduced the Pentonic 1000, an advanced system-on-chip (SoC) specifically designed for flagship smart TVs and optimized for 4K displays at 120Hz. This state-of-the-art chipset incorporates a multi-core CPU, dual-core GPU, and a dedicated AI processing unit, enabling features such as Wi-Fi 6/6E connectivity, Motion Estimation and Motion Compensation (MEMC) for enhanced video playback, and support for Dolby Vision IQ with Precision Detail to improve image quality. Additionally, it includes an 8-screen Intelligent View, allowing users to enjoy multiple content streams simultaneously with exceptional picture clarity. The Pentonic 1000 is designed to enhance experiences in cloud gaming, video conferencing, and 4K streaming, making it ideal for modern multimedia requirements.

In August 2023, Bosch, a renowned Germany-based engineering and technology company, executed an undisclosed acquisition of TSI Semiconductors Corporation (TSI Semiconductors). This strategic move enables Bosch to establish significant manufacturing capacity in a crucial market. Bosch plans to allocate approximately $1.5 billion for the conversion of the Roseville site into a facility dedicated to the production and testing of silicon carbide semiconductors. TSI Semiconductors Corporation, the acquired company, is a US-based chipmaker serving the automotive and electronics industries.

Major companies operating in the digital TV SoC market include Intel Corporation, Samsung Electronics Co. Ltd., Qualcomm Inc., Toshiba Corporation, NXP Semiconductors, STMicroelectronics N.V., MediaTek Inc., Broadcom Inc., Apple Inc., Taiwan Semiconductor Manufacturing Company Limited, Silicon Laboratories Inc., Texas Instruments Incorporated, Novatek Microelectronics Corp., MStar Semiconductor Inc., LG Electronics Inc., Sigma Designs, Huawei Technologies Co. Ltd, Renesas Electronics Corporation, Analog Devices Inc., Infineon Technologies AG, Maxim Integrated Products Inc., ON Semiconductor Corporation, Microchip Technology Inc., Marvell Technology Group Ltd., Xilinx Inc., Cypress Semiconductor Corporation, Synaptics Incorporated, Realtek Semiconductor Corp., Himax Technologies Inc.

Asia-Pacific was the largest region in the digital TV SoC market in 2024. Europe is expected to be the fastest-growing region in the global digital TV SoC market report during the forecast period. The regions covered in the digital tv soc market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital tv soc market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Digital TV SoC (System-on-Chip) refers to integrated circuits purposefully designed for integration into digital television sets. These chips play a crucial role in consolidating multiple functions and components onto a single chip, providing a cost-effective and efficient solution to power modern TVs.

The primary display technologies associated with digital TV SoCs include LCD (Liquid Crystal Display), LED (Light Emitting Diode), OLED (Organic Light Emitting Diode), and QLED (Quantum Dot Light Emitting Diode). LCD, or Liquid Crystal Display, is a technology that utilizes liquid crystals to display images and is commonly found in digital TVs and computer monitors. These technologies have diverse applications, spanning various devices such as smart televisions (TVs), set-top boxes, and others, serving the needs of both residential and commercial users.

The digital TV SoC market research report is one of a series of new reports that provides digital TV SoC market statistics, including the digital TV SoC industry global market size, regional shares, competitors with a digital TV SoC market share, detailed digital TV SoC market segments, market trends, and opportunities, and any further data you may need to thrive in the digital TV SoC industry. This digital TV SoC market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The digital TV SoC market consists of sales of satellite, cable, integrated systems, and terrestrial products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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