The Worldwide Smartphone Application Processor Industry is Expected to Reach $29.14 Billion by 2027

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Dublin, Nov. 10, 2022 (GLOBE NEWSWIRE) — The “Global Mobile App Processor (AP) Market: Analysis By Operating System (Android, iOS, etc.), By Application (Camera, Gaming, Photography and Video Editing, and More), By Region Size and Trends and Impact of COVID-19 and Forecast till 2027” the report added to ResearchAndMarkets.com’s offering.

The global smartphone application processing market in 2021 was valued at $15.95 billion. The market will reach $29.14 billion by 2027.

A smartphone application processor is a system that contains a chip that helps the smartphone operating system. The performance of the smartphone is at the best level and uses the application processor. Consumers’ smartphone experience is increasing due to the use of advanced processors.

Advances in technology make processors better for smartphones. Major players are launching premium processors that come with high-end features such as Octa-core processor launches. Therefore, technological advancements and innovations are expected to increase the demand for smartphone application developers in the coming years. The market is expected to grow at a CAGR of approx. 10.6% during the forecast period of 2022-2027.

Market Segment Analysis:

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

  • By Application: The report provides segmentation by application: Camera, Sports, Photography and Video Editing, etc. The camera held a share higher than 35% in the market. Market expansion is aided by increasing demand for advanced features from growing tech-savvy consumers such as enhanced camera performance, high-end graphics, extended lifespan of battery, etc.

  • By Region: The report provides insight into the smartphone application processing market across regions including North America, Asia-Pacific, Europe, and Rest of the World. North America accounts for over 38% share in the market due to increased adoption of smartphones, advancements in technology to sustain consumer demand for smartphones and the presence of leading manufacturers of smartphones in the region.

In Asia Pacific, China accounts for around 52% market share due to increased spending, advancements in smart technologies and focus on powerful processors. In fact, in Europe, Germany is considered to be the fastest growing region in the forecast period.

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Market Trends:

  • Growth Drivers: The global smartphone application processing market has been growing rapidly over the past few years, due to factors such as increasing number of smartphone users, increasing consumer spending, increasing internet access, city speed, and many other things. With rapid urbanization and increased consumer spending, it is evident that both people are becoming more tech-savvy and willing to buy smartphones with advanced features, which leading to increasing demand for smartphone application editors. Thus, the rapid urbanization and increase in consumer spending have contributed to the growth of the market.

  • Challenges: However, the market has faced some challenges, high costs related to development and operations, problems related to operation and heating, constantly changing requirements of converters, etc. .

  • Trends: The market is expected to grow at the fastest rate during the forecast period, due to several new trends such as growing smart functions in smartphones, accelerating adoption of 5G technology, technological progress and rapid updates, etc. 5G processors are being used extensively to meet increasing demand and changing customer needs. In addition, the strong use of IoT devices, increasing the use in automated factories, the increased flow content is necessary to show the effective ways for the growth of the application of 5G processing in the coming years. Therefore, due to the rapid adoption of 5G technology, the demand for 5G additional application processing is increasing, thereby increasing the market growth.

Impact Analysis of COVID-19 and Way Forward:

In 2020, the outbreak of COVID-19 weakened the demand for smartphones due to the suspension of production, while people began to budget and shop less during the epidemic. This decline in smartphone manufacturing affected the demand of application processors because the smartphone processor is the main center 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 problem. Technology has also helped merchants process smartphone applications to comply with in-store security regulations.

Key topics covered:

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1. Executive Summary

2. Introduction

3. The Global Market
3.1 Global Mobile Application Processing Market: An Analysis
3.1.1 Global Mobile Application Processing Market: An Overview
3.1.2 Global Smartphone Application Processor Market by Value
3.1.3 Global Mobile Application Development Market by Operating System (Android, iOS, etc.)
3.1.4 Global Smartphone Application Processor Market by Application (Camera, Games, Photo & Video Editing, Others)
3.1.5 Global Mobile Application Processing Market by Region
3.2 Global Mobile Application Processing Market: Operating System Overview
3.2.1 Global Mobile Application Processing Market by Operating Source: An Overview
3.2.2 Global Android Smartphone Application Processor Market by Value
3.2.3 Global iOS Smartphone Application Development Market by Value
3.2.4 Global Mobile Application Processing Market By Value
3.3 Global Mobile Application Processing Market: Application Analysis
3.3.1 Global Mobile Application Processing Market By Application: An Overview
3.3.2 Global Mobile Application Processing Market by Value
3.3.3 Global Mobile Phone Application Processing Market by Value
3.3.4 Global Video Application Processing and Video Editing Market by Value
3.3.5 Global Dual Application Processing Market By Value

4. Regional Market Analysis
4.1 North America Smartphone Application Processing Market: An Analysis
4.1.1 North America Smartphone Application Processing Market: An Overview
4.1.2 North America Smartphone Application Processor Market by Value
4.1.3 North America Smartphone Application Processing Market by Region
4.1.4 US Smartphone Application Processing Market by Value
4.1.5 Canada Smartphone Application Processing Market by Value
4.1.6 Mexico Smartphone Application Processing Market by Value
4.2 Asia Pacific Mobile Application Processing Market: An Analysis
4.2.1 Asia Pacific Mobile Application Processing Market: An Overview
4.2.2 Asia Pacific Mobile Application Processing Market by Value
4.2.3 Asia Pacific Mobile Application Processing Market by Region
4.2.4 China Smartphone Application Processing Market by Value
4.2.5 Japan Smartphone Application Processing Market by Value
4.2.6 South Korea Smartphone Application Processing Market by Value
4.2.7 Rest of Asia Pacific Smartphone Application Processing Market by Value
4.3 Europe Smartphone Application Processing Market: An Analysis
4.3.1 Europe Smartphone Application Processing Market: An Overview
4.3.2 Europe Smartphone Application Processing Market by Value
4.3.3 Europe Smartphone Application Processing Market by Region
4.3.4 Germany Mobile Phone Application Processing Market by Value
4.3.5 Italy Smartphone Application Processing Market by Value
4.3.6 UK Smartphone Application Processing Market by Value
4.3.7 France Smartphone Application Processing Market by Value
4.3.8 Rest of Europe Smartphone Application Processing Market by Value
4.4 Rest of the Global Smartphone Application Processing Market: An Analysis
4.4.1 Rest of the Global Smartphone Application Processing Market: An Overview
4.4.2 Rest of the Global Smartphone Application Processor Market by Value

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5. Impact of COVID-19
5.1 Impact of COVID-19 on the Smartphone Application Processing Market
5.1.1 General Effects
5.1.2 Impact of COVID-19 on Smartphone Sales
5.1.3 Scenario after COVID

6. Marketing Inspiration
6.1 Plant Drivers
6.1.1 Increasing number of smartphone users
6.1.2 Increase in consumer spending
6.1.3 Increase Penetration of Internet Users
6.1.4 Urbanization Speed
6.1.5 Government support programs
6.2 Challenges
6.2.1 Capital Costs Associated with Development and Operations
6.2.2 Operating and Heating Problems
6.2.3 Change Provider Terms
6.3 Market Conditions
6.3.1 The Growth of Artificial Intelligence in Smartphones
6.3.2 Accelerating the Adoption of 5G Technology
6.3.3 Increasing Penetration of Mobile Marketing
6.3.4 Increasing trend of connected IoT devices
6.3.5 Technological Innovations and Rapid Innovations

7. Competitive Land
7.1 Global Mobile Application Processor Players By Market Share

8. Company Disclosures
8.1 Qualcomm Inc.
8.1.1 Business Overview
8.1.2 Administrative Units
8.1.3 Business Strategy
8.2 MediaTek Inc.
8.2.1 Business Overview
8.2.2 Administrative Areas
8.2.3 Business Strategy
8.3 Apple Inc.
8.3.1 Business Overview
8.3.2 Performance Phase
8.3.3 Business Strategy
8.4 Samsung Electronics Co., Ltd.
8.4.1 Business Overview
8.4.2 Administrative Units
8.4.3 Business Strategy
8.5 Huawei Technologies Co., Ltd.
8.5.1 Business Overview
8.5.2 Administrative Units
8.5.3 Business Strategy
8.6 Lenovo Group Limited
8.6.1 Business Overview
8.6.2 Administrative Units
8.6.3 Business Strategy
8.7 Intel Corporation
8.7.1 Business Overview
8.7.2 Administrative Units
8.7.3 Business Strategy
8.8 Nvidia Corporation
8.8.1 Business Overview
8.8.2 Administrative Units
8.8.3 Business Strategy
8.9 Broadcom Inc.
8.9.1 Business Overview
8.9.2 Administrative Units
8.9.3 Business Strategy
8.10 Advanced Micro Devices, Inc.
8.10.1 Business Overview
8.10.2 Administrative Units
8.10.3 Business Strategy
8.11 Renesas Electronics Corporation
8.11.1 Business Overview
8.11.2 Administrative Units
8.11.3 Business Strategy
8.12 Texas Instruments Incorporated
8.12.1 Business Overview
8.12.2 Administrative Units
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/1lday7

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