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Global Wireless SoC and Battery Chargers Markets: Growth and Key Players

2023-10-09 08:11:34.314000

The global wireless system-on-chip (SoC) market is projected to witness significant growth in the coming years. According to a study [2ff6bf86], the market is expected to grow from USD 199.3 billion in 2023 to USD 332.4 billion by 2030, at a compound annual growth rate (CAGR) of 7.6% during the forecast period. Several factors contribute to the growth of the wireless SoC market, including the increasing demand for wireless connectivity in various applications and the rise of the Internet of Things (IoT). Key players in the wireless SoC market include Qorvo, Qualcomm, and Realtek [2ff6bf86].

In a recent report [51a41747], it is highlighted that the bus onboard charger CPU market is experiencing significant development and is expected to grow at a profitable CAGR during the forecast period. The report provides a comprehensive analysis of the market, including market research, analysis, and insights to help organizations make strategic decisions and achieve growth goals. The wireless SoC market and the bus onboard charger CPU market are both driven by the increasing demand for wireless connectivity and the rise of IoT. While the wireless SoC market focuses on wireless communication solutions for various applications, the bus onboard charger CPU market specifically caters to the charging needs of buses. Both markets have key players that contribute to their growth and technological advancements.

The global market for battery chargers is also projected to experience significant growth. According to a strategic market report [f794803f], the battery charger market is expected to reach US$36.4 billion by 2030, growing at a CAGR of 6.5% from 2022 to 2030. The report analyzes market segments such as OEM and Replacement and evaluates their sales trends in various applications. The OEM segment is expected to achieve a 7% CAGR and reach a market value of US$24.6 billion by the end of the analysis period. Noteworthy geographic markets include the U.S., China, Japan, Canada, and Germany [f794803f].

As technology continues to evolve, the demand for wireless connectivity, efficient charging solutions, and battery chargers will only continue to grow. The wireless SoC market, the bus onboard charger CPU market, and the battery charger market are all poised for further expansion and innovation, as companies strive to meet the evolving needs of consumers and industries.

Sources:
[2ff6bf86] - Global Wireless SoC Market Expected to Reach USD 332.4 Billion by 2030
[51a41747] - Bus Onboard Charger CPU Market Development Trends, Demand, and Future Growth Forecast (2023-2030) - Lim Sun-nam News
[f794803f] - Global Battery Chargers Strategic Market Report 2023-2030 - ResearchAndMarkets.com

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.