Smartphone SoC Market size was valued at USD 30 Billion in 2024 and is projected to reach USD 60 Billion by 2033, exhibiting a CAGR of 8.5% from 2026 to 2033.
In 2022, the global smartphone System on Chip (SoC) market was valued at approximately $76.5 billion and is projected to reach around $140.9 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.9%. The Asia Pacific region led the market, accounting for $242.7 million in 2022, with expectations to reach $1,342.1 million by 2032, growing at a CAGR of 18.7%. In North America, the United States held a significant share and is anticipated to grow notably during the forecast period. Europes market was dominated by the Rest of Europe segment, with France emerging as the fastest growing country, projected to exhibit a CAGR of 18.1%. The Middle East in the LAMEA region also secured a substantial market portion in 2022 and is expected to grow at a high CAGR of 17.2% from 2023 to 2032.The increasing demand for high performance smartphones, continuous advancements in semiconductor technology, and the integration of artificial intelligence (AI) capabilities are key drivers of market growth. The rollout of 5G networks, particularly in North America, has further propelled the need for SoCs that support higher data speeds and improved connectivity. In the Asia Pacific region, significant investments by leading players and the rising adoption of consumer electronics in both rural and urban areas have created lucrative opportunities. Additionally, the growing inclination towards mobile gaming among millennials is fostering the development of advanced SoCs to enhance user experience. These factors collectively contribute to the robust expansion of the smartphone SoC market across various regions.
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MediaTek
Qualcomm
Apple
Samsung
Hisilicon
UNISOC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Smartphone SoC Market
ARM-based SoCs
Intel/AMD-based SoCs
Custom-designed SoCs
Low-end SoCs
Mid-range SoCs
High-end SoCs
Flagship SoCs
SoCs with Integrated Modems
SoCs with Integrated GPUs
SoCs with AI Processing Units
SoCs with Advanced Connectivity Options
Consumer Smartphone SoCs
Business Smartphone SoCs
Gaming Smartphone SoCs
Enterprise-level Smartphone SoCs
Energy-efficient SoCs
High-performance SoCs
Balance of performance and power consumption SoCs
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Smartphone SoC Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Smartphone SoC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Smartphone SoC Market, By Type
6. Global Smartphone SoC Market, By Application
7. Global Smartphone SoC Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Smartphone SoC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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