Global Smartphone Application Processor Market Research Report - Global Forecast to 2027

Smartphone Application Processor Market Overview:

The escalation of the global smartphone application processor market size can be attributed to the rise in the expansion of the e-commerce sector. The high rate of e-commerce business expansion can cause APAC smartphone application processor market share register the highest value on conclusion of the review period. The rise of the smartphone application processor industry is likely due to the high efficacy of mobile application processor chip to support applications in any mobile operating system environment.

Market Research Future (MRFR), in its smartphone application processor market 2020 report states that the market can surge as the integration of SoC as a smartphone faculty that includes, graphics processing unit, memory controller, and multimedia decoding units increases. The global market report on the Smartphone Application Processor Market has revealed a possibility of a rise by 11% CAGR during the forecast period of 2018 to 2023 to a valuation of USD 18 billion.

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The high demand for mobile application processors can prompt the market growth. The market growth can be due to graphics processing unit (GPU) advancements and the availability of other processing technologies. The introduction of octa-core processors that boosted the performance of mobile devices and aid in availing multitasking process can improve the rise of the global market.

Other factor that can contribute to the expansion of the smartphone application processor global market is the surge in the ingression rate of smartphone. The increase in rate of adoption contributes in the overall rise of the market. The high demand for high-end graphics mobile phones can impel the market growth worldwide. In addition, the high increase in urbanization and rise in purchasing power of customers can benefit the smartphone application processor market.

Segmentation:

The global market report on the smartphone application processor market is expected to be studied on the basis of segments that include operating system, component, application, and type. These segments reveal data that can have a lasting impact on the strategic mechanisms.

By the operating system, the study of the smartphone application processor market includes Android, iOS, and others.

By components, the study of the smartphone application processor market includes graphical processing units (GPU), ARM cores, memory controllers, audio and video decoders, cache memories, and others.

By application, the report discussing the smartphone application processor market includes photo and video editing, gaming, social & entertainment applications, camera applications, and others. The growing demand for gaming is transforming the market in several ways.

By type, the study of the smartphone application processor market includes 32-bit smartphone application processor, integrated smartphone application processor, stand-alone smartphone application processor, and 64-bit smartphone application processor.

Regional Analysis:

Asia Pacific would have a remarkable command over the global smartphone application processor market as developing countries like China, South Korea, India, Taiwan, and others are expected to support the regional market in better ways.

Competitive Landscape:

Apple, Inc (U.S.), Qualcomm (U.S.), Nvidia Corporation (U.S.), Renesas Mobile Corporation (Japan), Samsung Electronics (South Korea), Huawei Technologies Co., Ltd (China), Broadcom Corporation (U.S.), MediaTek Inc (Taiwan), Intel Corporation (U.S.), Texas Instruments (U.S.), ST-Ericsson (Switzerland), Advanced Micro Devices, Inc (U.S.), Allwinner Technology (China), STMicroelectronics (France), Atmel Corporation (U.S.), NXP Semiconductor N.V. (Netherlands), HTC Corporation (Taiwan), Lenovo Group Ltd (China), Fairchild Semiconductor (U.S.), ZTE Corporation (China), Realtek Semiconductor Corp (Taiwan), Infineon Technologies AG (Germany), ON Semiconductor (U.S.), Vishay Intertechnology, Inc (U.S.), Analog Devices, Inc (U.S.), and others are names with substantial impact on the global smartphone application processor market.

Industry News:

In September 2020, Samsung is expected to become the maker of the 5G version of Qualcomm’s Snapdragon 4-series processors that are slated to hit the market in 2021. Smartphone makers like Oppo, Xiaomi, and Motorola have already shared their plan to use Qualcomm’s new chipset to develop their own range of products. Samsung declared that their plan includes an enhancement of its foundry capacity at the new production line in Pyeongtaek, Korea, to meet the rising demand for cutting-edge extreme ultraviolet (EUV) solutions across the world.

Samsung also made some changes by adding a new EUV-dedicated V1 line in Hwaseong, Korea. The new Pyeongtaek facility will start functioning from 2021 and the company’s foundry capacity on the basis of EUV would increase significantly.

In September 2020, Huawei revealed that the loss of TSMC as its associated partner as a manufacturer of application processors ensures that the company will run out of its Kirin processor in just one month’s time. This is a result of the company taking blows as a result of the ongoing US-China trade war.

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