Press release
Smartphone Processor Market Outlook Report 2024-2033: Trends, Analysis, Insights, and Overview
Smartphone Processor Market Outlook
As per the report, the smartphone processor market size has grown rapidly in recent years. It will grow from $20.47 billion in 2023 to $23.7 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The smartphone processor market size is expected to see rapid growth in the next few years. It will grow to $43.98 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=5167&type=smp
Surge In Smartphone Adoption Propels Growth In The Smartphone Processor Market
The growing adoption of smartphones around the globe is expected to contribute to the growth of the smartphone processor market in the forecast period. Smartphone adoption has grown more quickly among younger generations across the globe. According to the India Cellular and Electronics Association (ICEA), the number of smartphone users in India is projected to reach 839 million by the end of 2022. Moreover, as per a report published by The Pew Research Center, in April 2021, the majority of Americans (97%) own a cell phone of some kind with 85% of Americans owning a smartphone. In all the countries, smartphone use was high among younger people, those with higher grades of education, and higher incomes. Therefore, the increase in the number of smartphone users will anticipated the growth of the smartphone processor market.
Tech Advancements Propel The Smartphone Processor Market
The growing technological advancements are a key trend gaining popularity in the smartphone processor market. Major companies operating in the smartphone processor sector are focused on developing technologically advanced solutions for smartphone processors to enhance user experience and connectivity. For instance, in January 2021, MediaTek, a Taiwan-based semiconductor company launched a new flagship 5G SoC Density 1200. The chip uses TSMC's 6-nanometer processor. The CPU uses ARM's latest A78 core with a frequency of 3.0GHz. There are also 3 large A78 cores with a frequency of 2.6GHz and 4 small A55 cores. Further, in January 2020, Qualcomm, a US-based mobile communications company introduced the Snapdragon 720G, Snapdragon 662, and Snapdragon 460 mobile system-on-chips in India, to improve connectivity, gaming, and entertainment for users. The Qualcomm FastConnect 6-series subsystems provide rapid 4G connectivity, important Wi-Fi 6 features, and integrated Bluetooth 5.1 with improved audio on these new mobile platforms.
The smartphone processor market covered in this report is segmented -
1) By Core Type: Dual Core, Quad Core, Hexa Core, Octa Core, Other Core Types
2) By Technology: System-on-chip, System-in-package, Multi-chip Module, Other Technologies
3) By Operating System: Android, iOS, Other Operating Systems
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=5167&type=discount
Major companies operating in the smartphone processor market report are Amazon.com Inc., Apple Inc., Google LLC, Samsung Electronics Co Ltd., Microsoft Corporation, ZTE Corporation, Huawei Technologies Co Ltd., Sony Corporation, Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Intel Corporation, Qualcomm Incorporated, Xiaomi Corporation, Broadcom Inc., Toshiba Corporation, Fujitsu Limited, Nvidia Corporation, NEC Corporation, Sharp Corporation, Texas Instruments Incorporated, MediaTek Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Renesas Electronics Corporation, Motorola Inc., Marvell Technology Group Ltd., Arm Limited, UNISOC Technologies Co Ltd., Spreadtrum Communications, Vivo Communication Technology Co Ltd., BBK Electronics Corporation
Contents of the report:
1. Executive Summary
2. Smartphone Processor Market Report Structure
3. Smartphone Processor Market Trends And Strategies
4. Smartphone Processor Market - Macro Economic Scenario
5. Smartphone Processor Market Size And Growth
…..
27. Smartphone Processor Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/smartphone-processor-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
"Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smartphone Processor Market Outlook Report 2024-2033: Trends, Analysis, Insights, and Overview here
News-ID: 3580984 • Views: …
More Releases from The Business research company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Smartphone
Surge In Smartphone Adoption Propels Growth In The Smartphone Processor Market: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Smartphone Processor Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for smartphone processors has experienced quick expansion in the past few years. It is projected to balloon from $23.33 billion in 2024 to $26.43 billion in 2025, boasting a compound annual growth…
Leading Growth Driver in the Smartphone Processor Market in 2025: Surge In Smart …
Which drivers are expected to have the greatest impact on the over the smartphone processor market's growth?
The anticipated expansion of the smartphone processor market is predicted to be influenced by the rising global popularity of smartphones. It has been observed that younger generations worldwide have been adopting smartphones at a faster pace. For instance, a study from Cybercrew, a UK company specializing in cybersecurity solutions for businesses of varying sizes,…
India Smartphone Market
Anticipated Growth in Revenue:
The India Smartphone Market was valued at USD 169.72 Bn in 2023 and is expected to reach USD 341.40 Bn by 2030, at a CAGR of 10.5 % during the forecast period
India Smartphone Market Overview:
The India smartphone market is one of the fastest-growing in the world, driven by a large and young population, increasing internet penetration, and the rise of affordable smartphones. With a shift toward digitalization…
SMARTPHONE MARKET IN CHINA INTRODUCTION, CHINA SMARTPHONE SHIPMENTS AND USERS, C …
Smartphone Market in China
As the largest market in the world, mainland China remains among the fastest-growing nations in smartphone industry. This report provides OMR's updated statistics and predictions for smartphone market in China based on a summary of OMR independent research and a filtration of comparative data from third-party sources. An overview of the global smartphone market is also included. Historical data covers 2009-2014 period which was projected over the…
Mobile Phone (Smartphone) LED Market - Rising Smartphone Average Costs Along Wit …
Mobile phone LEDs are used as small illumination source for various purposes such as backlight display, camera flash and keypad illumination. Display panels are the surfaces used for display and control components which acts as the direct interface for the human/machine interaction.
LED applications in mobile phones have expanded over the years. Conventional mobile phone application field mainly include keyboard backlighting and displays. Over the years, the smartphone shipments have grown…
Smartphone Trends In Asia: The Rise Of Domestic Brands In Southeast Asias Smartp …
Summary
Domestic mobile handset manufacturers are rapidly gaining a strong foothold in Southeast Asian countries with their feature-rich devices at much more affordable prices compared global vendors such as Apple, Samsung and Microsoft. Domestic smartphone vendors have enjoyed significant success in the Philippines and Indonesia on the back of low-cost devices accompanied with offers on entertainment and social media content and applications. Filipino vendor Cherry Mobile offers 4G mobile at $299,…
