Europe Smartphone SoC Market was valued at USD 7 Billion in 2022 and is projected to reach USD 15 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The Europe Smartphone SoC (System on Chip) market is experiencing significant growth as industries across various sectors are adopting advanced technology for enhanced performance. This surge in demand is driven by several factors including the integration of AI, 5G, and IoT in smartphones. The increasing need for faster data processing, seamless connectivity, and improved battery life is also contributing to this expansion. Industries that rely heavily on mobile devices, such as telecommunications, automotive, and healthcare, are particularly benefitting from these advancements.
Smartphone SoCs are pivotal in ensuring that mobile devices remain compact while offering high-performance capabilities. These SoCs combine multiple components like processors, memory, and networking chips into one unit, streamlining design and improving efficiency. As European consumers demand more sophisticated smartphones with AI capabilities, the role of SoCs has become even more critical. The use of machine learning and AI to deliver personalized experiences has pushed manufacturers to enhance the processing power of SoCs.
The automotive industry in Europe is also tapping into smartphone SoCs for their in-car infotainment systems, which rely on high-speed data processing to provide real-time navigation and entertainment. Moreover, healthcare devices utilizing smartphones, such as remote monitoring tools, benefit from the power efficiency and integration offered by these chips. The demand for 5G-capable SoCs is accelerating, with industries eager to deploy next-gen mobile networks that support higher speeds and more connected devices.
Another key driver of growth in the Europe Smartphone SoC market is the growing push toward sustainability. With pressure on companies to minimize environmental impacts, the development of energy-efficient chips that extend battery life is a top priority. This requirement is further fuelled by the increasing reliance on mobile devices in both consumer and business environments. The need for 5G-enabled devices, capable of supporting advanced features like autonomous driving and high-speed streaming, is shaping future product development.
The smartphone industry is now more focused on creating versatile, scalable SoCs that can meet the diverse needs of industries across Europe. This shift is reflected in the market's growth trajectory, with manufacturers striving to deliver chips that cater to both consumer electronics and enterprise applications. As new use cases emerge, the demand for specialized SoCs will only intensify, further transforming the technological landscape.
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Europe 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 Europe 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. Europe Smartphone SoC Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Smartphone SoC Market, By Type
6. Europe Smartphone SoC Market, By Application
7. Europe Smartphone SoC Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Smartphone SoC Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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