Smartphone Application Processor Market Technologies, Demand and Regional Forecast To 2023

Market Highlights

Various factors contributing to the ascension of the global smartphone application processor market include growing demand for such application processors owing to the advancements in the graphics processing unit (GPU) and other complex processing techniques. Further, the development of octa-core processors has enhanced the performance of mobile devices through the rationalization of multitasking processes.

Upscaling penetration of smartphones is another significant factor contributing to the ascension of the global smartphone application processors market. In addition, a fast-paced rise in the emergence of urbanization in different developing economies across the globe is pushing the adoption of smartphones.

A mobile application processor is system on chip processor designed to support applications for mobile operating system environment. One of the major factors for the growth of mobile application processor is the growing demand for application processors. Another major factor contributing in the growth of the market is the increase in penetration of smartphones. The global smartphone application processor market is expected to ascend at approximately 11% CAGR, reaching a revenue valuation of USD 18 billion by the end of the forecast period.

Also Read: http://www.marketwatch.com/story/smartphone-application-processor-market-progress-dictated-by-rising-popularity-of-soc-2020-04-10

Detailed Regional Analysis

On the basis of geography, the market is studied for North America, Europe, Asia Pacific, and rest of the world. Among all the regions, the market is dominated by North America providing smartphone application processor for laptops, desktops, and portable storage devices for laptops, desktops, and portable storage. These vendors comprise a large market of storage device manufacturers. Among these regions, the market was led by North America due to advancements in smartphone applications and its specifications. One of the major vendors, Qualcomm leads the smartphone application processor market hails from the United States in North America. One of the major factors contributing to the growth of smartphone application processor market is the advancement in SoC integration.

Asia Pacific region has seen vast developments in semiconductor industry. In addition, there is a growing demand for high-end smartphones that are capable supporting high-quality gaming and faster processor application. The processor/chipset manufacturers in Asia Pacific are becoming more and more advanced by deploying newer system on chip technology. Also, the region is experiencing economic changes in countries such as the India and China, where the governments are investing capital in infrastructure development.

Key Players

Some of the notable players present in the global smartphone application processor market include Qualcomm (U.S.), Apple, Inc (U.S.), Nvidia Corporation (U.S.), Samsung Electronics (South Korea), and Broadcom Corporation (U.S.). Renesas Mobile Corporation (Japan), MediaTek Inc (Taiwan), Intel Corporation (U.S.), Allwinner Technology (China), Huawei Technologies Co. Ltd (China), Advanced Micro Devices, Inc (U.S.), and Texas Instruments (U.S.).

Other market vendors, as profiled in the MRFR analysis, include NXP Semiconductor N.V. (The Netherlands), ST-Ericsson (Switzerland), HTC Corporation (Taiwan), ZTE Corporation (China), Lenovo Group Ltd (China), Realtek Semiconductor Corp (Taiwan), ON Semiconductor (U.S.), Fairchild Semiconductor (U.S.). Vishay Intertechnology, Inc (U.S.), Atmel Corporation (U.S.), STMicroelectronics (France), Infineon Technologies AG (Germany), and Analog Devices, Inc (U.S.).

Industry Update

August 2019: Samsung announced its plans to introduce a 5G chipset which combines a modem and application processor (AP) by the end of 2019. This chipset will power Samsung’s midrange Galaxy S series smartphones upon launch in 2020.

Segmentation:

The global smartphone application processor market forecast is studied for different segments based on type, operating system, components, application, and region. Based on type, the global smartphone application processor market is segmented into an integrated smartphone application processor, stand-alone smartphone application processor, 64-bit smartphone application processor, and 32-bit smartphone application processor. Based on operating system, the global smartphone application processor market is segmented into android and iOS. Based on components, the global smartphone application processor market is segmented into ARM cores, cache memories, graphical processing units (GPU), audio & video decoders, and memory controllers.