The smartphone processor market size has grown rapidly in recent years. It will grow from $23.33 billion in 2024 to $26.83 billion in 2025 at a compound annual growth rate (CAGR) of 15%. The growth in the historic period can be attributed to rapid growth in smartphone adoption, emergence of multifunctional smartphones, mobile computing and Internet usage, demand for high-quality mobile gaming, evolution of camera and imaging technologies.
The smartphone processor market size is expected to see rapid growth in the next few years. It will grow to $50.64 billion in 2029 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to 5G network expansion, rise in AI integration, increased emphasis on energy efficiency, advancements in mobile photography, expanding role in Internet of things (IoT). Major trends in the forecast period include integration of neural processing units (NPUs) for AI tasks, shift towards more advanced semiconductor manufacturing processes, enhancements in security features, increased focus on quantum computing research, collaborations with software developers for optimization.
The increasing global adoption of smartphones is projected to boost the growth of the smartphone processor market in the coming years. Smartphone usage has accelerated, particularly among younger generations worldwide. For example, in March 2023, a report from Cybercrew, a UK-based provider of cybersecurity solutions for businesses of all sizes, indicated that the percentage of UK households using smartphones reached 91.43% in 2021 and is expected to rise to 93.8% by 2026. Therefore, the growing number of smartphone users is anticipated to drive the growth of the smartphone processor market.
The increase in mobile gaming is expected to further propel the growth of the smartphone processor market. Mobile gaming refers to the act of playing video games on mobile devices, including smartphones and tablets, with games specifically designed and optimized for mobile platforms that utilize touchscreen interfaces. Smartphone processors play a critical role in mobile gaming by affecting the device's processing power, graphics capabilities, efficiency, and overall performance. For instance, in December 2023, reports from GamesIndustry.biz, a UK-based ReedPop company, forecasted that revenue from mobile gaming is set to grow by 4% year on year to $111.4 billion in 2024, reflecting a 40% increase. Thus, the rise in mobile gaming is fueling the growth of the smartphone processor market.
Leading companies in the smartphone processor market are concentrating on creating technologically advanced solutions to enhance user experience and connectivity, including generative AI capabilities that provide improved on-device processing and generative AI functionalities. AI algorithms allow smartphones to learn user behaviors and preferences over time, resulting in personalized recommendations, enhanced device performance, and optimized battery management. For example, in October 2023, Qualcomm Inc., a US-based semiconductor firm, launched the Snapdragon 8 Gen 3 chipset, designed to integrate generative AI capabilities into flagship smartphones. This chipset includes an advanced neural processing unit (NPU) that achieves 30 Tera Operations Per Second (TOPS), facilitating faster AI functionalities with reduced dependence on cloud services.
Leading firms in the smartphone processor industry are directing efforts towards technological advancements, notably the development of high-performance processors such as the 13th Gen Intel Core mobile processors, including the flagship Intel Core i9-13980HX. Released in January 2023 by Intel Corporation, this processor is acclaimed as the fastest in the mobile category, featuring eight performance cores, 16 efficient cores, and 32 threads. Boasting up to 128GB RAM support and a turbo frequency of 5.6 GHz, it presents 11% faster single-thread performance and 49% quicker multitasking abilities compared to its predecessor, significantly enhancing mobile computing capabilities.
In September 2023, Renesas Electronics Corporation, a Japan-based company specializing in semiconductors for various industries, including automotive and consumer electronics, acquired Sequans Communications S.A. for $249 million. This acquisition aims to strengthen Renesas Electronics Corporation's position in the expanding 5G and IoT markets by leveraging Sequans Communications S.A.'s expertise in cellular technology, particularly in 5G and 4G solutions. This move will enhance its product offerings and foster innovation across multiple sectors, including automotive and consumer electronics. Sequans Communications S.A. is a France-based company that provides smartphone processors.
Major companies operating in the smartphone processor market include Qualcomm, MediaTek, Samsung Electronics, Apple Inc., Huawei Technologies, UNISOC Communications, HiSilicon Technologies, Rockchip, Allwinner Technology, ARM Holdings, TSMC, GlobalFoundries, Oppo Semiconductor, Imagination Technologies, Semiconductor Manufacturing International Corporation, United Microelectronics Corporation, Advanced Micro Devices Inc. (AMD), Broadcom Inc., Marvell Technology Group, Texas Instruments, Fujitsu Limited, IBM Corporation, VIA Technologies, Infineon Technologies, STMicroelectronics, Toshiba Corporation, NXP Semiconductors.
North America was the largest region in the smartphone processor market in 2024. The regions covered in the smartphone processor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smartphone processor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smartphone processor industry is dedicated to manufacturing chipsets, the central component driving smartphone performance. This sector encompasses trade in goods and services among entities or direct sales to end consumers.
Smartphone processors come in various configurations, from dual core to octa core, each housing multiple processors within a single integrated circuit. A dual core processor contains two processors with individual controllers and cache, functioning as a unified unit for efficient processing. Meanwhile, a quad core chip comprises four independent cores for executing CPU instructions seamlessly. Moving up, a hexa core processor boasts six cores, enhancing processing speed for managing diverse tasks effectively. Finally, an octa core processor, with its eight cores, handles more demanding and faster tasks efficiently. These processors leverage advanced technologies such as system-on-chip and system-in-package, powering devices across Android, iOS, and other platforms.
The smartphone processor market research report is one of a series of new reports that provides smartphone processor market statistics, including smartphone processor industry global market size, regional shares, competitors with a smartphone processor market share, detailed smartphone processor market segments, market trends and opportunities, and any further data you may need to thrive in the smartphone processor industry. This smartphone processor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smartphone processor market consists of sales camera, Wi-Fi, screen, security, graphics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The smartphone processor market size is expected to see rapid growth in the next few years. It will grow to $50.64 billion in 2029 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to 5G network expansion, rise in AI integration, increased emphasis on energy efficiency, advancements in mobile photography, expanding role in Internet of things (IoT). Major trends in the forecast period include integration of neural processing units (NPUs) for AI tasks, shift towards more advanced semiconductor manufacturing processes, enhancements in security features, increased focus on quantum computing research, collaborations with software developers for optimization.
The increasing global adoption of smartphones is projected to boost the growth of the smartphone processor market in the coming years. Smartphone usage has accelerated, particularly among younger generations worldwide. For example, in March 2023, a report from Cybercrew, a UK-based provider of cybersecurity solutions for businesses of all sizes, indicated that the percentage of UK households using smartphones reached 91.43% in 2021 and is expected to rise to 93.8% by 2026. Therefore, the growing number of smartphone users is anticipated to drive the growth of the smartphone processor market.
The increase in mobile gaming is expected to further propel the growth of the smartphone processor market. Mobile gaming refers to the act of playing video games on mobile devices, including smartphones and tablets, with games specifically designed and optimized for mobile platforms that utilize touchscreen interfaces. Smartphone processors play a critical role in mobile gaming by affecting the device's processing power, graphics capabilities, efficiency, and overall performance. For instance, in December 2023, reports from GamesIndustry.biz, a UK-based ReedPop company, forecasted that revenue from mobile gaming is set to grow by 4% year on year to $111.4 billion in 2024, reflecting a 40% increase. Thus, the rise in mobile gaming is fueling the growth of the smartphone processor market.
Leading companies in the smartphone processor market are concentrating on creating technologically advanced solutions to enhance user experience and connectivity, including generative AI capabilities that provide improved on-device processing and generative AI functionalities. AI algorithms allow smartphones to learn user behaviors and preferences over time, resulting in personalized recommendations, enhanced device performance, and optimized battery management. For example, in October 2023, Qualcomm Inc., a US-based semiconductor firm, launched the Snapdragon 8 Gen 3 chipset, designed to integrate generative AI capabilities into flagship smartphones. This chipset includes an advanced neural processing unit (NPU) that achieves 30 Tera Operations Per Second (TOPS), facilitating faster AI functionalities with reduced dependence on cloud services.
Leading firms in the smartphone processor industry are directing efforts towards technological advancements, notably the development of high-performance processors such as the 13th Gen Intel Core mobile processors, including the flagship Intel Core i9-13980HX. Released in January 2023 by Intel Corporation, this processor is acclaimed as the fastest in the mobile category, featuring eight performance cores, 16 efficient cores, and 32 threads. Boasting up to 128GB RAM support and a turbo frequency of 5.6 GHz, it presents 11% faster single-thread performance and 49% quicker multitasking abilities compared to its predecessor, significantly enhancing mobile computing capabilities.
In September 2023, Renesas Electronics Corporation, a Japan-based company specializing in semiconductors for various industries, including automotive and consumer electronics, acquired Sequans Communications S.A. for $249 million. This acquisition aims to strengthen Renesas Electronics Corporation's position in the expanding 5G and IoT markets by leveraging Sequans Communications S.A.'s expertise in cellular technology, particularly in 5G and 4G solutions. This move will enhance its product offerings and foster innovation across multiple sectors, including automotive and consumer electronics. Sequans Communications S.A. is a France-based company that provides smartphone processors.
Major companies operating in the smartphone processor market include Qualcomm, MediaTek, Samsung Electronics, Apple Inc., Huawei Technologies, UNISOC Communications, HiSilicon Technologies, Rockchip, Allwinner Technology, ARM Holdings, TSMC, GlobalFoundries, Oppo Semiconductor, Imagination Technologies, Semiconductor Manufacturing International Corporation, United Microelectronics Corporation, Advanced Micro Devices Inc. (AMD), Broadcom Inc., Marvell Technology Group, Texas Instruments, Fujitsu Limited, IBM Corporation, VIA Technologies, Infineon Technologies, STMicroelectronics, Toshiba Corporation, NXP Semiconductors.
North America was the largest region in the smartphone processor market in 2024. The regions covered in the smartphone processor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smartphone processor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smartphone processor industry is dedicated to manufacturing chipsets, the central component driving smartphone performance. This sector encompasses trade in goods and services among entities or direct sales to end consumers.
Smartphone processors come in various configurations, from dual core to octa core, each housing multiple processors within a single integrated circuit. A dual core processor contains two processors with individual controllers and cache, functioning as a unified unit for efficient processing. Meanwhile, a quad core chip comprises four independent cores for executing CPU instructions seamlessly. Moving up, a hexa core processor boasts six cores, enhancing processing speed for managing diverse tasks effectively. Finally, an octa core processor, with its eight cores, handles more demanding and faster tasks efficiently. These processors leverage advanced technologies such as system-on-chip and system-in-package, powering devices across Android, iOS, and other platforms.
The smartphone processor market research report is one of a series of new reports that provides smartphone processor market statistics, including smartphone processor industry global market size, regional shares, competitors with a smartphone processor market share, detailed smartphone processor market segments, market trends and opportunities, and any further data you may need to thrive in the smartphone processor industry. This smartphone processor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smartphone processor market consists of sales camera, Wi-Fi, screen, security, graphics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Smartphone Processor Market Characteristics3. Smartphone Processor Market Trends and Strategies4. Smartphone Processor Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Smartphone Processor Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Smartphone Processor Market34. Recent Developments in the Smartphone Processor Market
5. Global Smartphone Processor Growth Analysis and Strategic Analysis Framework
6. Smartphone Processor Market Segmentation
7. Smartphone Processor Market Regional and Country Analysis
8. Asia-Pacific Smartphone Processor Market
9. China Smartphone Processor Market
10. India Smartphone Processor Market
11. Japan Smartphone Processor Market
12. Australia Smartphone Processor Market
13. Indonesia Smartphone Processor Market
14. South Korea Smartphone Processor Market
15. Western Europe Smartphone Processor Market
16. UK Smartphone Processor Market
17. Germany Smartphone Processor Market
18. France Smartphone Processor Market
19. Italy Smartphone Processor Market
20. Spain Smartphone Processor Market
21. Eastern Europe Smartphone Processor Market
22. Russia Smartphone Processor Market
23. North America Smartphone Processor Market
24. USA Smartphone Processor Market
25. Canada Smartphone Processor Market
26. South America Smartphone Processor Market
27. Brazil Smartphone Processor Market
28. Middle East Smartphone Processor Market
29. Africa Smartphone Processor Market
30. Smartphone Processor Market Competitive Landscape and Company Profiles
31. Smartphone Processor Market Other Major and Innovative Companies
35. Smartphone Processor Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Smartphone Processor Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on smartphone processor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for smartphone processor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smartphone processor market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Core Type: Dual Core; Quad Core; Hexa Core; Octa Core; Other Core Types2) By Technology: System-on-chip; System-in-package; Multi-chip Module; Other Technologies
3) By Operating System: Android; iOS; Other Operating Systems
Subsegments:
1) By Dual Core: ARM Cortex-A7; ARM Cortex-A92) By Quad Core: ARM Cortex-A53; ARM Cortex-A72
3) By Hexa Core: ARM Cortex-A15; ARM Cortex-A76
4) By Octa Core: ARM Cortex-A55; ARM Cortex-A78
5) By Other Core Types: Deca-Core; Poly-Core
Key Companies Mentioned: Qualcomm; MediaTek; Samsung Electronics; Apple Inc.; Huawei Technologies
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Qualcomm
- MediaTek
- Samsung Electronics
- Apple Inc.
- Huawei Technologies
- UNISOC Communications
- HiSilicon Technologies
- Rockchip
- Allwinner Technology
- ARM Holdings
- TSMC
- GlobalFoundries
- Oppo Semiconductor
- Imagination Technologies
- Semiconductor Manufacturing International Corporation
- United Microelectronics Corporation
- Advanced Micro Devices Inc. (AMD)
- Broadcom Inc.
- Marvell Technology Group
- Texas Instruments
- Fujitsu Limited
- IBM Corporation
- VIA Technologies
- Infineon Technologies
- STMicroelectronics
- Toshiba Corporation
- NXP Semiconductors
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 26.83 Billion |
| Forecasted Market Value ( USD | $ 50.64 Billion |
| Compound Annual Growth Rate | 17.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
