The Mobile Phone Semiconductor Market was valued at USD 44.931 billion in 2019and is expected to reach USD 69.303 billion by 2025, at a CAGR of 7.49% over the forecast period 2020- 2025.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Mobile Phone Semiconductor Market: Samsung Electronics and Qualcomm Technologies, Inc.
Market OverviewThe market for the semiconductors that power wireless communications such as mobile phones are undergoing dramatic changes, which is growing at a rate of more than 25% annually which is further expected to grow with the introduction of 5G technology and growth in emerging markets. Today, mobile application processors operate at 10 to 15 percent of a typical laptops computing power, yet that gap is rapidly narrowing as smartphones run applications from mobile video to mobile games, and their energy consumption is lower than a laptops by a factor of 10 to 30 times. Owing to the introduction of LTE - or 4G, the use of the mobile Internet has created strong pull, as a result, LTE technology offering much-needed transmission bandwidth for mobile data, catering to the consumer need for fast connectivity on high-end smartphones, as a result, both handset original equipment manufacturers and telecommunications operators are expected to migrate to LTE as early as possible to take advantage of its greater speed and data capacity, as a result driving the market growth.
Industry News:
May 5, 2020: Samsung, South Korean company that is one of the world's largest producers of electronic devices. Samsung specializes in the production of a wide variety of consumer and industry electronics, including appliances, digital media devices, semiconductors, memory chips, and integrated systems. It has become one of the most-recognizable names in technology and produces about a fifth of South Korea's total exports.
January 21, 2020: American telecom equipment maker Qualcomm on Tuesday launched the Snapdragon 720G, Snapdragon 662 and Snapdragon 460 mobile system-on-chip in India. The three new system-on-chips are budget and midrange mobile processors, aimed at enhancing user experiences across connectivity, gaming and entertainment.These new mobile platforms enable fast 4G connectivity speeds, deliver key Wi-Fi 6 features and offer integrated Bluetooth 5.1 with advanced audio via the Qualcomm FastConnect 6-series subsystems.
Scope of the Report
Mobile phones represent the most comprehensive application for the semiconductor market by revenue, but the market is saturating. The maturing of the mobile revolution and the strong growth opportunity presented by IoT are attracting the interests of many chipmakers.
Key Market TrendsMemory to Drive the Mobile Phone Semiconductor Market by Component TypeA large portion of the growth in this segment will be driven by ongoing technological advancements such as cloud computing and virtual reality in end-devices such as smartphones. Sharply higher average selling prices (ASPs) for dynamic random access memory (DRAM) and NAND flash chips are also playing a substantial role in generating revenues.In general, the expected price decreases would be offset by new capacity for flash memory and for DRAM, which would result in a better balance of supply and demand for these devices to support more latest applications such as enterprise solid-state drives (SSDs), augmented and virtual reality, artificial intelligence, graphics, and other complex, real-time workload functions.
Asia Pacific Occupies the Largest Market Share
The Asia Pacific region has profited from a growth in the memory market as the increasing price of memory generated large revenue. The integrated circuit (IC) industry in China developed by more than 25%, making a significant contribution to Asia-Pacific. Korean mobile phone semiconductor industry growth depends largely on IC suppliers, especially in the memory chip market.Moreover, the mobile phone semiconductor industry in Taiwan is based on the foundry model. Nevertheless, price fluctuations have wrecked many foundries. This has assisted vendors in Taiwan to transfer some foundries into Mainland China and re-prioritize to concentrate on IC design in order to counter the price decline.In East Asia, Japan has held a preeminent position in the mobile phone semiconductor R&D and materials industry, with semiconductor giants including Sony, Toshiba, and Renesas. Taiwan and South Korea are strong in memory and foundry, individually. South Korea leads in NAND and DRAM and has several top semiconductor companies such as Samsung and SK Hynix, largely due to government support.
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Significant Features that are under Offering and Key Highlights of the Reports:o Detailed overview of Mobile Phone Semiconductor Marketo Changing Mobile Phone Semiconductor market dynamics of the industryo In-depth market segmentation by Type, Application etc.o Historical, current and projected Mobile Phone Semiconductor market size in terms of volume and valueo Recent industry trends and developmentso Competitive landscape of Mobile Phone Semiconductor Marketo Strategies of key players and product offeringso Potential and niche segments/regions exhibiting promising growth.
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