Application Processor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Application Processor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1404
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Market Overview:

The global application processor market size reached US$ 35.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 44.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.

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.

 

 
 

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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:

IMARC Group 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 2023-2028. Our report has categorized the market based on device type and core type.

Breakup by Device Type:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Device Type, Core Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Qualcomm, Apple, Mediatek, Samsung Electronics, Xiaomi, Hisilicon Technologies, Spreadtrum Communications, NXP Semiconductors, Texas Instruments, Nvidia, Toshiba, Renesas Electronics, Ingenic Semiconductor, LG Electronics and Garmin
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Application Processor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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