The global application processor market size reached US$ 36.6 billion in 2023. The market is projected to reach US$ 49.5 billion by 2032, exhibiting a growth rate (CAGR) of 3.42% during 2023-2032.
An application processor is a system on a chip (SoC) processor which is responsible for the optimal functioning of applications running in a mobile operating system. It is used in a variety of electronic devices including tablets, e-readers, smartphones, netbooks, gaming consoles and automotive navigation devices. With the support of an application processor, several applications can run in different operating systems such as Android, iOS, Windows CE or Symbian. It also has the capability of delivering specialties such as graphics processing unit, memory controller and multimedia decoding units. As the technology continues to evolve and become more data-centric, application processors have advanced from the first Intel 8086 processor to the latest 8th Gen Intel Core i7-8086K processor which can deliver up to 5 GHz.
With the growing base of tech-savvy consumers, there has been a rise in the adoption of smartphones. This has led to an escalation in the demand for smartphones with high-end graphics. As a result, an increasing number of mobile phones are being produced with advanced application processors. Samsung has recently designed a new line of the premium application processor, Exynos 9 Series 9810, especially for artificial intelligence (AI) applications in smartphones, tablets, and other media devices. Moreover, the leading application processor companies are developing and updating their processors. For instance, Qualcomm has launched Snapdragon mobile application processors which offer benefits including fast charging, long battery life, enhanced camera functionality, immersive AR and VR experiences, superior connectivity, and the latest security solutions.
2. What is the expected growth rate of the global application processor market during 2024-2032?
3. What are the key factors driving the global application processor market?
4. What has been the impact of COVID-19 on the global application processor market?
5. What is the breakup of the global application processor market based on the device type?
6. What is the breakup of the global application processor market based on the core type?
7. What are the key regions in the global application processor market?
8. Who are the key players/companies in the global application processor market?
An application processor is a system on a chip (SoC) processor which is responsible for the optimal functioning of applications running in a mobile operating system. It is used in a variety of electronic devices including tablets, e-readers, smartphones, netbooks, gaming consoles and automotive navigation devices. With the support of an application processor, several applications can run in different operating systems such as Android, iOS, Windows CE or Symbian. It also has the capability of delivering specialties such as graphics processing unit, memory controller and multimedia decoding units. As the technology continues to evolve and become more data-centric, application processors have advanced from the first Intel 8086 processor to the latest 8th Gen Intel Core i7-8086K processor which can deliver up to 5 GHz.
With the growing base of tech-savvy consumers, there has been a rise in the adoption of smartphones. This has led to an escalation in the demand for smartphones with high-end graphics. As a result, an increasing number of mobile phones are being produced with advanced application processors. Samsung has recently designed a new line of the premium application processor, Exynos 9 Series 9810, especially for artificial intelligence (AI) applications in smartphones, tablets, and other media devices. Moreover, the leading application processor companies are developing and updating their processors. For instance, Qualcomm has launched Snapdragon mobile application processors which offer benefits including fast charging, long battery life, enhanced camera functionality, immersive AR and VR experiences, superior connectivity, and the latest security solutions.
Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global application processor market report, along with forecasts at the global and regional level from 2023-2032. The report has categorized the market based on device type and core type.Breakup by Device Type:
- Mobile Phones
- PC Tablets and E-Readers
- Smart Wearables
- Automotive ADAS and Infotainment Devices
Breakup by Core Type:
- Octa-Core
- Hexa-Core
- Quad-Core
- Dual-Core
- Single-Core
Breakup by Region:
- Asia-Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being Qualcomm, Apple, Mediatek, Samsung Electronics, Xiaomi, Hisilicon Technologies, Spreadtrum Communications, NXP Semiconductors, Texas Instruments, Nvidia, Toshiba, Renesas Electronics, Ingenic Semiconductor, LG Electronics, Garmin, etc.Key Questions Answered in This Report
1. What was the size of the global application processor market in 2023?2. What is the expected growth rate of the global application processor market during 2024-2032?
3. What are the key factors driving the global application processor market?
4. What has been the impact of COVID-19 on the global application processor market?
5. What is the breakup of the global application processor market based on the device type?
6. What is the breakup of the global application processor market based on the core type?
7. What are the key regions in the global application processor market?
8. Who are the key players/companies in the global application processor market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Application Processor Market
6 Market Breakup by Device Type
7 Market Breakup by Core Type
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Qualcomm
- Apple
- Mediatek
- Samsung Electronics
- Xiaomi
- Hisilicon Technologies
- Spreadtrum Communications
- NXP Semiconductors
- Texas Instruments
- Nvidia
- Toshiba
- Renesas Electronics
- Ingenic Semiconductor
- LG Electronics and Garmin
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 36.6 Billion |
| Forecasted Market Value ( USD | $ 49.5 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
