The global application processor market was valued at USD29.56 billion in 2020 and is projected to grow around USD47.28 billion by 2026. Rising demand for smartphones, laptop notebooks, smart wearable devices, advent of automotive ADAS
Global application processor market can be segmented into devices, operating systems, application, type, core type and region. Based on devices, the market can be segmented into mobiles, laptop notebooks, tablets and other devices. Smartphones segment captured 53.85% of the global market
Based on application the market is sub-segmented into gaming, camera applications, photo and video editing and others including NFC, Bluetooth connectivity, other AI features like voice assistance and others. The gaming segment has a share of 31.74% in the market and is expected to grow during the forecast period due to innovations including augmented reality gaming, competitive multiplayer mobile gaming, etc.
Based on type, the market is sub-segmented into 32-bit and 64-bit application processors. 64-bit application processor holds a majority share of 68.79% and is expected to grow during the forecast period. Based on core types, the market can be segmented into dual core, quad core and others including single core, hexa core and octa core devices. The majority share is held by dual core devices, capturing about 47.94% of the global market.
Regionally, the application processor market
The major players operating in the global application processor market are
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022-2026
Objective of the Study
- To analyze the historical growth in the market size of the global application processor market from 2016 to 2020.
- To estimate and forecast the market size of global application processor market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the global application processor market based on devices, operating systems, application, type, core type, company and regional distribution.
- To identify dominant region or segment in the global application processor market.
- To identify drivers and challenges for the global application processor market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global application processor market.
- To identify and analyze the profiles of leading players operating in the global application processor market.
- To identify key sustainable strategies adopted by market players in the global application processor market.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market Insights Research calculated the market size of g
Key Target Audience
- Application processor manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to application processors
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
