Industry and News Multimedia Chipsets Market | Page 3

Speedy growth of set top box and IPTV is likewise motivating the international multimedia chipsets
market. Newly, initiatives have been taken by the government of various counties that instructed
the digitization of conservative cable television besides changeover from analog to internet
centered digital television system has increased the demand of set top box at a tremendous rate.
High static cost linked with formation of manufacture unit is limiting the development of
international Multimedia Chipsets Market. Yet, increase in gaming industry trailed by rise in
demand of wearable devices market are few major openings for the international multimedia
chipsets market.
Asia Pacific seized the major market for the multimedia chipsets market on the basis of income
received in 2014 and was expected to remain as the leader of market in the prediction period. The
development of the market in Asia Pacific is mainly credited to dense investment in System on
Chip(SoC) manufacturing machinery, because APAC is the largest center for semiconductor
producers.
North America is the second major market for multimedia chipsets on the basis of income. France is
the major market for multimedia chipsets in Europe. Mixture[Hybrid] set-top boxes comprising
innovative SoCs are essential for newscasters to deliver content. This is likewise important for the
development of the System on Chip (SoC) market. Hence increasing the demand of multimedia
chipsets market in Europe. Topography wise the market has been divided into North America,
Europe, Asia Pacific, the Middle East and Africa and Latin America.
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Market Segment:
Global Multimedia Chipsets market competition by top manufacturers, with production, price,
revenue (value) and market share for each manufacturer; the top players including
• STMicroelectronics
• NXP Semiconductors
• Qualcomm