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Global Smartphone Application Processor (AP) Market Report to 2027

DublinAnd the November 21, 2022 /PRNewswire/ – Global Smartphone Application Processor (AP) Market: Analysis by Operating System (Android, iOS, Others), by Application (Camera, Games, Photo & Video Editing, Others), by Region Size and Trends with Impact of COVID-19 and Forecast Until 2027” report added to ResearchAndMarkets.com Show.

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Global Smartphone Application Processors market assessed in 2021 $15.95 billion. Market is expected $29.14 billion By 2027.

A smartphone application processor is a system that contains a chip that helps the smartphone operating system. Smartphone performance is optimized by using the application processor. Customers’ experience on smartphones is increasing due to the use of advanced processors.

Technological advances make processors better for smartphones. Major players are launching premium processors that come with cutting-edge features like the launch of the Octa Core processor. Therefore, rapid technological developments and innovations are expected to increase the demand for smartphone application processors in the coming years. The market is expected to grow at a compound annual growth rate of approx. 10.6% during the forecast period 2022-2027.

Market Segmentation Analysis:

  • By Operating System: The report provides market ramifications into three segments based on operating system: Android, iOS, and others. In 2021, Android has a significant share of 71.4% in the market. On the other hand, the iOS segment is expected to grow at the highest CAGR in the coming years due to the growing popularity of iPhones and the growing demand for Apple smartphones by the younger generation across the world.

  • By Application: The report further provides segmentation based on application: Camera, Games, Photo and Video Editing, and others. The camera got the highest share of more than 35% in the market. The market expansion is supported by the increasing demand for advanced features from a growing base of tech-savvy consumers such as enhanced camera functions, advanced graphics, extended battery life, etc.

  • By Region: The report provides an insight into the Smartphone Application Processor market based on the selected regions North AmaricaAnd the Asia PacificAnd the Europeand the rest of the world. North Amarica It captured the largest share of over 38% in the market due to the high adoption of smartphones, technological advancements to sustain consumer demand for smartphones and the presence of leading smartphone manufacturers in the region.

in Asia PacificAnd the China It holds approximately 52% of the market due to higher spending, continuous advances in smartphone technology, and increasing focus on powerful processors. while in EuropeAnd the Germany It is expected to be the fastest growing region in the forecast period.

Market dynamics:

  • Growth Drivers: The global Smartphone Application Processors market has grown over the past few years, owing to factors such as increasing number of smartphone users, rising consumer spending, growing internet penetration, rapid urbanization, and many others. With the rapid urbanization and increase in consumer spending, it has been observed that both individuals have become quick in dealing with technology and prefer to buy smartphones with advanced features, which leads to an increase in 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 specifically, high cost associated with development and operations, performance and heating-related issues, ever-changing processor requirements, etc.

  • Trends: The market is expected to grow at a rapid pace during the forecast period, due to various recent trends such as the increasing implementation of artificial intelligence in smartphones, accelerating adoption of 5G technology, rapid technological advancements and innovations, etc. Increasingly deploying 5G processors to meet growing demand and changing customer preferences. Moreover, the massive use of IoT devices, increased use in automated factories, and the larger number of streaming content are expected to provide lucrative opportunities for the growth of aggregate demand for 5G processor in the coming years. Hence, as the adoption of 5G technology accelerates, the demand for 5G attached application processor increases, driving the overall market growth.

Analyzing the impact of COVID-19 moving forward:

In 2020, the COVID-19 outbreak weakened the demand for smartphones due to the halt in production activities, as people started budgeting and shopping less during the pandemic phase. This decline in smartphone production directly affected the demand for application processors, as the smartphone processor is the central focus of the smartphone and is directly responsible for the performance of the device. However, after the lockdown was eased, the industry responded positively to the crisis. Technological innovations have also helped smartphone app processor retailers comply with in-store safety regulations.

Main topics covered:

1. Executive summary

2. Introduction

3. Global market analysis
3.1 Global Smartphone Application Processors Market: Analysis
3.1.1 Global Smartphone Application Processors Market: Overview
3.1.2 Global Smartphone Application Processors Market by Value
3.1.3 Global Smartphone Application Processor Market by Operating System (Android, iOS, etc.)
3.1.4 Global Smartphone Application Processors Market by Application (Camera, Games, Photo and Video Editing, Others)
3.1.5 Global Smartphone Application Processor Market by Region
3.2 Global Smartphone Application Processors Market: Operating System Analysis
3.2.1 Global Smartphone Application Processors Market by Operating System: Overview
3.2.2 Global Android Smartphone Application Processors Market by Value
3.2.3 Global iOS Smartphone Application Processors Market by Value
3.2.4 Global Other Smartphone Application Processors Market by Value
3.3 Global Smartphone Application Processors Market: Application Analysis
3.3.1 Global Smartphone Application Processor Market by Application: Overview
3.3.2 Global Smart Camera Application Processor Market by Value
3.3.3 Global Gaming Smartphone Application Processor Market by Value
3.3.4 Image and Video Editing Smartphone Application Processor Market by Value
3.3.5 Other Global Smartphone Application Processor Market by Value

4. Regional market analysis
4.1 North America Smartphone Application Processor Market: Analysis
4.1.1 North America Smartphone Application Processor Market: 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: Analysis
4.2.1 Asia Pacific Smartphone Application Processor Market: 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 Japanese Smartphone Application Processor Market by Value
4.2.6 South Korea Smartphone Application Processor Market by Value
4.2.7 Asia Pacific Smartphone Application Processor Market by Value
4.3 Europe Smartphone Application Processor Market: Analysis
4.3.1 Europe Smartphone Application Processor Market: 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: Analysis
4.4.1 Global Smartphone Application Processor Market: Overview
4.4.2 Global 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 Overall Impact
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 Increasing the number of smartphone users
6.1.2 Increased consumer spending
6.1.3 Escalation of Internet user penetration
6.1.4 Rapid urbanization
6.1.5 Supportive government initiatives
6.2 Challenges
6.2.1 High cost associated with development and operations
6.2.2 Performance and heating issues
6.2.3 Constantly changing processor requirements
6.3 Market Trends
6.3.1 The increasing implementation of AI in smartphones
6.3.2 Accelerate the adoption of 5G technology
6.3.3 Escalating penetration of mobile e-commerce
6.3.4 The Rising Trend of Connected IoT Devices
6.3.5 Rapid technological developments and innovations

7. The competitive landscape
7.1 Global Smartphone Application Processor Players by Market Share

8. Company profiles
8.1 Qualcomm Corporation
8.1.1 Business Overview
8.1.2 Operating segments
8.1.3 Business Strategy
8.2 MediaTek Corporation
8.2.1 Business Overview
8.2.2 Areas of Operation
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 segments
8.4.3 Business Strategy
8.5 Huawei Technologies Co., Ltd.
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy
8.6 Lenovo Group Limited
8.6.1 Business Overview
8.6.2 Operating segments
8.6.3 Business Strategy
8.7 Intel
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy
8.8 Nvidia Corporation
8.8.1 Business Overview
8.8.2 Operating segments
8.8.3 Business Strategy
8.9 from Broadcom Inc.
8.9.1 Business Overview
8.9.2 Operating segments
8.9.3 Business Strategy
8.10 Advanced Micro Devices, Inc.
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategy
8.11 Renesas Electronics Inc
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategy
8.12 Texas Instruments Incorporated
8.12.1 Business Overview
8.12.2 Operating segments
8.12.3 Business Strategy
8.13 Unisoc Technology Co., Ltd.
8.13.1 Business Overview
8.13.2 Business Strategy

For more information on this report, visit https://www.researchandmarkets.com/r/ijz4hv

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