Smartphone Application Processor Market Overview
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 2022 to 2030 to a valuation of USD 18 billion. Market Research Future (MRFR) has identified several factors that can inspire the rise, such as the increasing demand for better features in smartphones, technological advancements, better research facilities, a hike in investment, improved funding, growing participation from developing countries, and others. In addition, improved graphics processing unit (GPU) and other complex processing techniques, with the development of octa-core processors, are expected to ensure a steady rise in the market.
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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.
Smartphone Application Processor Market 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.
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Smartphone Application Processor Market 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
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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