Market Research Future (MRFR), in its smartphone application processor market 2020 report states that the market can surge as the integration of SoC as a smartphone faculty that includes, graphics processing unit, memory controller, and multimedia decoding units increases.

A system on a chip processor which is designed to aid applications for mobile operating system environment is called a mobile application processor. The SoC integration can deliver system capabilities that include different components like memory controller, multimedia decoding units, and graphics processing unit. The global smartphone application processor market is expected to ascend at approximately 11% CAGR, reaching a revenue valuation of USD 18 billion by the end of the forecast period.

The high demand for mobile application processors can prompt the market growth. The market growth can be due to graphics processing unit (GPU) advancements and the availability of other processing technologies. The introduction of octa-core processors that boosted the performance of mobile devices and aid in availing multitasking process can improve the rise of the global market.

Segmentation:

The global [FURL=https://www.marketresearchfuture.com/reports/smartphone-application-processor-market-5935/]smartphone application processor market[/FURL] is studied for different segments based on type, operating system, components, application, and region. Based on type, the global smartphone application processor market is segmented into an integrated smartphone application processor, stand-alone smartphone application processor, 64-bit smartphone application processor, and 32-bit smartphone application processor. Based on operating system, the global smartphone application processor market is segmented into android and iOS. Based on components, the global smartphone application processor market is segmented into ARM cores, cache memories, graphical processing units (GPU), audio & video decoders, and memory controllers.

Regional Analysis

In North America, the smartphone application processors revenue can rise due to the high utility of devices, such as laptops and portable storage. A large number of reputed vendors are present in the region and the high number of storage device manufacturers can also boost the growth of North America, smartphone application processor market. Advancements in smartphone specifications and applications can underline the rise of the market. Asia Pacific smartphone application processors market can witness high expansion rate owing to wide range of developments in the semiconductor sector. The growing demand for media-centric smartphones that support high-defined gaming and faster processor application can augment the market in the region. The presence of skilled processor or chipset manufacturers and the advancements that avail newer system on chip technology can spur the market rise.

Also Read: [FURL]http://www.marketwatch.com/story/smartphone-application-processor-market-progress-dictated-by-rising-popularity-of-soc-2020-04-10 /[/FURL]