Global Smartphone Application Processor (AP) Market Report to 2027
Dublin, November 21, 2022 /PRNewswire/ — The “Global Smartphone Application Processor (AP) Market: Analysis by Operating System (Android, iOS, and Others), by Application (Camera, Gaming, Photo & Video Editing, and Others), Region Size, and Trends with the Impact of COVID-19″ By and forecast to 2027” added to report ResearchAndMarkets.com’s Visit.
The value of the global smartphone application processor market in 2021 was US$15.95 billion, expected to reach the market US$ 29.14 billion By 2027.
A smartphone application processor is a system with a chip that supports the smartphone operating system. The performance of the smartphone is at the optimum level with the use of the application processor. The smartphone experience of the customers is getting enhanced due to the use of advanced processors.
Technological advancements make processors for smartphones better. Major players are launching premium processors that come with high-end features like the launch of octa-core processors. Hence, technological advancements and rapid innovations are expected to drive the demand for smartphone application processors in the coming years. The market is expected to grow at a CAGR of approx. 10.6% during the estimated period of 2022-2027.
Market Segmentation Analysis:
-
By Operating System: The report provides the segmentation of the market on the basis of operating system into three segments: Android, iOS, and others. In 2021, Android achieved a massive 71.4% market share. On the other hand, the iOS segment is expected to grow at the highest CAGR in the coming years due to the increasing popularity of iPhone devices and increasing demand for Apple smartphones by the young generation across the globe.
-
By Application: The report further provides segmentation on the basis of application: Camera, Gaming, Photo & Video Editing, and Others. Holds the highest share of the camera market at over 35%. The market expansion is aided by the rising demand for advanced features from the growing base of tech-savvy consumers, such as advanced camera functionality, high-end graphics, longer battery life, etc.
-
By Region: The report provides insights into the Smartphone Application Processor market on the basis of regions North America, Asia Pacific, Europeand the rest of the world. North America The rise in smartphone adoption, advancements in technology to keep up with the consumer demand for smartphones, and the presence of leading manufacturers of smartphones in the region account for a major market share of over 38%.
In Asia Pacific, China The increase in spending, continuous advancement in smartphone technology and increasing emphasis on powerful processors account for about 52% of the market share. Whereas, in Europe, Germany It is expected to be the fastest growing sector over the forecast period.
Market Dynamics:
-
Growth Drivers: The global smartphone application processor market is growing over the years due to factors such as increasing number of smartphone users, increasing consumer spending, increasing internet penetration, rapid urbanization, and many other factors. With rapid urbanization and increase in consumer spending, it is observed that both individuals are becoming increasingly tech-savvy and prefer to buy smartphones with advanced features, thereby increasing the demand for smartphone application processors. Thus, rapid urbanization and increase in consumer spending have contributed positively to the growth of the market.
-
Challenges: However, the market has faced some challenges, notably, high cost associated with development and operation, performance and thermal issues, ever-changing processor requirements, etc.
-
Trends: The market is anticipated to grow at a rapid pace during the forecast period due to various latest trends such as increasing execution of Artificial Intelligence in smartphones, accelerating adoption of 5G technology, technological advancements and rapid innovations, etc. Smartphone makers are increasingly deploying 5G processors to meet growing demand and changing customer preferences. Furthermore, intensive use of IoT devices, increase in usage in automated factories, higher number of streaming content are expected to present lucrative opportunities for increasing the overall demand for 5G processors in the coming years. Hence, with the rapid adoption of 5G technology, the demand for 5G connected application processors is on the rise, thus fueling the overall market growth.
Impact analysis of COVID-19 and the way forward:
In 2020, the COVID-19 outbreak weakened the demand for smartphones due to halted production activities, and as people began to budget and shop less during the pandemic. This decline in smartphone production directly affected the demand for application processors as the smartphone processor is a central hub of the smartphone and is directly responsible for the performance of the device. However, after the relaxation of the lockdown, the industry responded positively to the crisis. Technological innovations have also helped smartphone application processor retailers align with security regulations in stores.
Major Topics Covered:
1. Executive Summary
2. Introduction
3. Global Market Analysis
3.1 Global Smartphone Application Processor Market: An Analysis
3.1.1 Global Smartphone Application Processor Market: An Overview
3.1.2 Global Smartphone Application Processor Market by Value
3.1.3 Global Smartphone Application Processor Market by Operating System (Android, iOS and Others)
3.1.4 Global Smartphone Application Processor Market by Application (Camera, Gaming, Photo & Video Editing, and Others)
3.1.5 Global Smartphone Application Processor Market by Region
3.2 Global Smartphone Application Processor Market: Operating System Analysis
3.2.1 Global Smartphone Application Processor Market by Operating System: An Overview
3.2.2 Global Android Smartphone Application Processor Market by Value
3.2.3 Global iOS Smartphone Application Processor Market by Value
3.2.4 Global Other Smartphone Application Processors Market by Value
3.3 Global Smartphone Application Processor Market: Application Analysis
3.3.1 Global Smartphone Application Processor Market by Application: An Overview
3.3.2 Global Camera Smartphone Application Processor Market, by Value
3.3.3 Global Gaming Smartphone Application Processor Market by Value
3.3.4 Global Photo and Video Editing Smartphone Application Processor Market, by Value
3.3.5 Global Other Smartphone Application Processors Market by Value
4. Regional Market Analysis
4.1 North America Smartphone Application Processor Market: An Analysis
4.1.1 North America Smartphone Application Processor Market: An Overview
4.1.2 North America Smartphone Application Processor Market by Value
4.1.3 North America Smartphone Application Processor Market by Region
4.1.4 US Smartphone Application Processor Market by Value
4.1.5 Canada Smartphone Application Processor Market by Value
4.1.6 Mexico Smartphone Application Processor Market by Value
4.2 Asia Pacific Smartphone Application Processor Market: An Analysis
4.2.1 Asia Pacific Smartphone Application Processor Market: An Overview
4.2.2 Asia Pacific Smartphone Application Processor Market by Value
4.2.3 Asia Pacific Smartphone Application Processor Market by Region
4.2.4 China Smartphone Application Processor Market by Value
4.2.5 Japan Smartphone Application Processor Market by Value
4.2.6 South Korea Smartphone Application Processor Market by Value
4.2.7 Rest of Asia Pacific Smartphone Application Processor Market by Value
4.3 Europe Smartphone Application Processor Market: An Analysis
4.3.1 Europe Smartphone Application Processor Market: An Overview
4.3.2 Europe Smartphone Application Processor Market by Value
4.3.3 Europe Smartphone Application Processor Market by Region
4.3.4 Germany Smartphone Application Processor Market by Value
4.3.5 Italy Smartphone Application Processor Market by Value
4.3.6 UK Smartphone Application Processor Market by Value
4.3.7 France Smartphone Application Processor Market by Value
4.3.8 Rest of Europe Smartphone Application Processor Market by Value
4.4 Rest of the World Smartphone Application Processor Market: An Analysis
4.4.1 Rest of the World Smartphone Application Processor Market: An Overview
4.4.2 Rest of the World Smartphone Application Processor Market by Value
5. Impact of Covid-19
5.1 Impact of COVID-19 on the Smartphone Application Processor Market
5.1.1 General effect
5.1.2 Impact of COVID-19 on Smartphone Sales
5.1.3 Post-Covid Scenario
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Growing Number of Smartphone Users
6.1.2 Growth in Consumer Expenditure
6.1.3 Growing Access to Internet Users
6.1.4 Rapid Urbanization
6.1.5 Supporting Government Initiatives
6.2 Challenges
6.2.1 High cost of development and operation
6.2.2 Performance and Thermal Problems
6.2.3 The ever-changing requirements of processors
6.3 Market Trends
6.3.1 Growing Performance of Artificial Intelligence in Smartphones
6.3.2 Accelerating the adoption of 5G technology
6.3.3 Growing Penetration of Mobile E-Commerce
6.3.4 Growing Trend of Connected IoT Devices
6.3.5 Technological Progress and Rapid Innovation
7. Competitive landscape
7.1 Global Smartphone Application Processor Player by Market Share
8. Company Profile
8.1 Qualcomm Inc.
8.1.1 Business Overview
8.1.2 Operating Segment
8.1.3 Business Strategy
8.2 MediaTek Inc.
8.2.1 Business overview
8.2.2 Operating Area
8.2.3 Business Strategy
8.3 Apple Inc.
8.3.1 Business overview
8.3.2 Operating Segment
8.3.3 Business Strategy
8.4 Samsung Electronics Co., Ltd.
8.4.1 Business overview
8.4.2 Operating Segment
8.4.3 Business Strategy
8.5 Huawei Technologies Co., Ltd.
8.5.1 Business Overview
8.5.2 Operating Segment
8.5.3 Business Strategy
8.6 Lenovo Group Limited
8.6.1 Business overview
8.6.2 Operating Segment
8.6.3 Business Strategy
8.7 Intel Corporation
8.7.1 Business overview
8.7.2 Operating Segment
8.7.3 Business Strategy
8.8 Nvidia Corporation
8.8.1 Business overview
8.8.2 Operating Segment
8.8.3 Business Strategy
8.9 Broadcom Inc.
8.9.1 Business overview
8.9.2 Operating Segment
8.9.3 Business Strategy
8.10 Advanced Micro Instruments, Inc.
8.10.1 Business overview
8.10.2 Operating Segment
8.10.3 Business Strategy
8.11 Renesas Electronics Corporation
8.11.1 Business overview
8.11.2 Operating Segment
8.11.3 Business Strategy
8.12 Texas Instruments Incorporated
8.12.1 Business overview
8.12.2 Operating Segment
8.12.3 Business Strategy
8.13 Unisoc Technology Co., Ltd.
8.13.1 Business overview
8.13.2 Business Strategy
For more information about this report see https://www.researchandmarkets.com/r/ijz4hv
media Contact:
research and market
laura woodSenior Manager
[email protected]
Call for EST office hours +1-917-300-0470
Toll free call for US/CAN +1-800-526-8630
Call +353-1-416-8900 for GMT office hours
US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
Source Research & Markets
#Global #Smartphone #Application #Processor #Market #Report
