The System Basis Chip Market was valued at USD 25.10 billion in 2023 and is projected to reach USD 66.31 billion by 2032, with a CAGR of 11.40% from 2024 to 2032. Surge in smart technology integration and connectivity demand is driving growth with a focus on energy efficiency and green solutions. The U.S. market reached USD 4.38 billion in 2023, expected to grow to USD 10.94 billion by 2032.

The market is fueled by trends in IoT, AI, and automation, with a shift towards energy-efficient and sustainable designs. Next-gen connectivity technologies like 5G and Wi-Fi 6 are enabling opportunities in automotive, health, and industrial IoT sectors, driving demand for high-performance System Basis Chips (SBCs) with intelligence built in.

The System Basis Chip (SBC) market report indicates a strong regional momentum in the U.S., with a projected growth of around 10.71% to reach USD 10.94 billion by 2032. The market is segmented by vehicle type (passenger cars, commercial vehicles, autonomous vehicles) and application (powertrain, safety, body electronics, telematics & infotainment) to meet the demands of evolving smart technology integration.

The Asia-Pacific region dominates the System Basis Chip (SBC) market, accounting for almost 45% share in 2024 due to rapid growth in the automotive sector and adoption of EVs and ADAS technologies. North America is expected to register the fastest growth from 2024 to 2032, driven by advancements in autonomous driving, connected vehicle technology, and increasing adoption of EVs.

Recent developments in the market include NXP Semiconductors experiencing a drop in shares due to weak Q4 outlook and decline in automotive chip revenue amid macroeconomic headwinds and slowing EV demand. The company also faced challenges in its Industrial & IoT segment, reflecting broader market softness.

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