The mounting integration of application processors in the smartphone industry, as well as the implementation of artificial intelligence in mobile devices, are the primary factor anticipated to drive the growth of the application processor market globally. It helps the smartphones with a wide range of aspects such as graphics processing, multimedia decoding, as well as memory management, and thus, boost the demand of application processor market.
MARKET DYNAMICS
The rising penetration of application processors in the automotive industry and high adoption of octa-core application processors are driving the growth of the application processor market. However, the short life cycle of consumer electronic products may restrain the growth of the application processor market. Furthermore, the increasing demand for connected communication devices in developing countries is anticipated to create market opportunities for the application processor market during the forecast period.
MARKET SCOPE
The "Global Application processor Market Analysis to 2028" is a specialized and in-depth study of the application processor market with a special focus on the global market trend analysis. The report aims to provide an overview of application processor market with detailed market segmentation by device type, core type, industry vertical, and geography. The global application processor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading application processor market players and offers key trends and opportunities in the application processor market.
MARKET SEGMENTATION
The global application processor market is segmented on the basis of device type, core type, and industry vertical. On the basis of device type, the market is segmented as mobile phones, PC tablets, smart wearable, and automotive ADAS and infotainment systems. Based on core type the market is fragmented into octa-core, hexa-core, quad-core, dual-core, and single-core. Similarly, on the basis of industry vertical, the market is segmented as consumer electronics, automotive, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global application processor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The application processor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting application processor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the application processor market in these regions.
MARKET PLAYERS
The reports cover key developments in the application processor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from application processor market are anticipated to lucrative growth opportunities in the future with the rising demand for application processor market. Below mentioned is the list of few companies engaged in the application processor market.
The report also includes the profiles of key application processor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Apple Inc.
- HiSilicon(Shanghai) Technologies CO.,LIMITED
- MediaTek Inc.
- Nvidia Corporation
- NXP Semiconductors N.V.
- Qualcomm Technologies, Inc.
- Samsung ElectronicsSamsung Electronics Co., Ltd.
- Texas InstrumentsTexas Instruments Inc.
- Unisoc Communications, Inc.
- Xiaomi Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.