Persistence Market Research

Mobile SoC Market to Witness Exponential Growth by 2025

The increasing demand for the Mobile SoCs by the mobile phones manufacturers is primarily driven by the growing technological advancements in the mobile phones to sustain the today's consumer's demand for the smartphones.

 

Albany, NY -- (SBWIRE) -- 01/19/2018 -- The mobile SoC's are increasingly getting popularity in the group of mobile phones manufacturers. Mobile SoC is playing a very crucial role in sustaining the demand as well as improvising the features and offerings of the mobile phones. The mobile SoC is increasingly deployed by the mobile phone manufacturers as it is available with the analog, digital, mixed signal as well as radio frequency signals. Mobile SoC is a system on the chip, which is increasingly deployed in the mobile phones as integrated circuits for the systems. The mobile SoC is used for integrating all the components of the electronic systems.

The mobile phone manufacturers are increasingly preferring the mobile SoC as they are working on the lower power consumption. As the smartphones are becoming intrinsic parts of the consumer's lifestyles, the manufacturers are focusing on delivering the enhanced functionality of the smartphones as per the changing technological scenarios, and this factor is resulting into the increasing demand of the mobile SoCs. 
  
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The increasing demand for the Mobile SoCs by the mobile phones manufacturers is primarily driven by the growing technological advancements in the mobile phones to sustain the today's consumer's demand for the smartphones. Also, the Mobile SoCs demand is also driven by the ability of the mobile SoCs to integrate a mobile phone components such as a microcontroller (or microprocessor) with other peripherals like Wi-Fi module, graphics processing unit (GPU), or coprocessor, and others. Also, the mobile system on chip market is driven by the increasing demand for the smartphones globally, as it positively affects the demand for the mobile SoC from the mobile phone manufacturers. On the other hand, increasing competition from the counterfeit products is one of the major challenging factors for the growth of the Mobile SoC market.

The global market for Mobile SoC is divided by regions into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Among these regions, the APEJ and Japan region dominate the market regarding revenue generation due to the large presence of the mobile phone manufacturers as well as rapidly increasing demand for mobile phones as these region contains the highly populated countries such as India, China, and others. North America is following the APEJ and Japan regarding revenue generation due to the increasing technological advancements in enhancing the smartphone usability and features this factor is responsible for increasing demand for the Mobile SoC. The Western Europe follows the North America market due to the rapid adoption of the new technological advancements in this region followed by Eastern Europe. The MEA and Latin America region are expected to grow at the moderate CAGR.

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The key players considered in the study of the Mobile SoC market are Qualcomm Technologies, Inc., Apple Inc., SAMSUNG, MediaTek Inc., Intel Corporation and others. The key players are constantly focusing on developing a new functionality and adding new features to the existing products.