Smartphone Application Processor Market Overview, Dynamics, Key Players, Opportunities and Forecast to 2027 | Impact of COVID-19
Market Highlights: The global market report on the smartphone application processor market has revealed a possibility of a rise by 11% CAGR during the forecast period of 2018 to 2023 to a valuation of USD 18 billion. Market Research Future (MRFR) has identified several factors that can inspire the rise, such as the increasing demand for better features in smartphones, technological advancements, better research facilities, a hike in investment, improved funding, growing participation from developing countries, and others. In addition, improved graphics processing unit (GPU) and other complex processing techniques, with the development of octa-core processors, are expected to ensure a steady rise in the market. Key Players Some of the major players in global Smartphone Application Processor Market include Qualcomm (Ticker: QCOM) (U.S.), Nvidia Corporation (Ticker: NVDA) (U.S.), Apple, Inc (Ticker: AAPL) (U.S.), Samsung Electronics (South Korea), Renesas Mobile Corporation (Japan), and