The Global AI Audio and Video SoC Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Artificial intelligence (AI) has become one of the most exciting technologies as a result of recent technological developments. System-on-chip (SoC) architectures must be redesigned by semiconductor businesses in order to support better scalable levels of performance, flexibility, efficiency, and integration. A single integrated circuit (SoC) is a microchip that houses all of the electronic circuits and components needed for a particular system, such as a smartphone or wearable computer. Over the course of the analysis period, it is anticipated that the use of virtual assistants in smartphones and the integration of SoC in transportation for fleet management and autonomous driving will support the growth of the AI audio and video SoC market.
Roadways are becoming safer and more effective thanks to autonomous vehicles, which are altering the way people travel, live, and work. Massive computer power and knowledge of large-scale production software are needed to achieve these game-changing benefits. The SoCs used in self-driving cars include cameras and other Lidar sensors. Autonomous vehicles can process massive amounts of sensor data and make driving decisions in real-time thanks to this video-processing SoC.
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By Product
- AI Audio SoC
- AI Video SoC
- AI Audio Video Integrated SoC
By Technology
- Automotive
- Industrial
- Smart Home
- Consumer Electronics
- Others
Regional Analysis of AI Audio and Video SoC Market
North American region is anticipated to have the highest share of the AI Audio and Video SoC market over the analysis period attributed to the growing popularity of automated vehicles in the region. Vehicle automation provides several benefits. Fully autonomous vehicles will assist to reduce driver distraction, which is responsible for the majority of highway fatalities. According to the US National Highway Traffic Safety Administration (NHTSA), human error or poor driving decisions are responsible for 94% of highway deaths. Around 42,900 drivers succumbed to death on American roads in 2021, indicating that a sophisticated self-driving system has enormous humanitarian potential.
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By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
Top Key Players Covered In AI Audio and Video SoC Market
- Big Fish
- Qualcomm
- Dolphin Design
- Synaptics Incorporated
- Axis Communications AB
- Nvidia
- Intel
- IBM
- Kneron
- Atlazo Inc.
- Ambarella
- Silicon Labs
- MediaTek Inc
- Socionext and Other Major Players.
Key Industry Developments In AI Audio and Video SoC Market
- In March 2022, Lucid Motors announced that it will use Nvidia's auto-grade computer chips in its vehicles to allow advanced driver assistance and autonomous driving features. The automaker's current and future lineups will be developed on Nvidia's end-to-end Drive Hyperion platform. Orin is the chipmaker's SoC, similar to Tesla's Full Self-Driving chip or Intel's Mobileye EyeQ.
- In February 2022, Synaptics Incorporated announced the launch of SYN4381 Triple Combo system on chip (SoC), the first to combine Wi-Fi 6/6E (802.11ax with extended 6 GHz operation), Bluetooth®5.2 (BT 5.2) with BLE Audio and High Accuracy Distance Measurement (HADM), and IEEE 802.15.4 with built-in support for the Thread protocol and Matter application layer.
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