Mobile Soc Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

Report Overview

The Mobile SoC (System-on-Chip) Market size is estimated to grow at a CAGR of 8.45% between 2022 and 2032. The market size is forecast to increase by USD 12,567.89 million. The growth of the market depends on several factors, including the increasing demand for advanced mobile devices, the rising adoption of 5G technology, and the growing need for high-performance computing capabilities. Mobile SoC refers to a single integrated circuit that combines various components of a mobile device, including the processor, graphics unit, memory, and connectivity modules. It plays a crucial role in powering smartphones, tablets, and other mobile devices, enabling them to perform complex tasks and deliver enhanced user experiences.

Mobile SoC Market Overview:

One of the key factors driving the mobile SoC market growth is the increasing demand for advanced mobile devices. With the rapid advancements in technology, consumers are seeking smartphones and tablets with powerful processors, high-resolution displays, and advanced features. Mobile SoCs offer the necessary computing power and efficiency to support these demanding applications, enabling seamless multitasking, immersive gaming experiences, and high-quality multimedia playback. The growing consumer preference for feature-rich mobile devices is fueling the demand for advanced mobile SoCs.

Moreover, the rising adoption of 5G technology is also driving the market growth. 5G networks offer significantly faster data speeds, lower latency, and higher network capacity compared to previous generations. To leverage the benefits of 5G, mobile devices require compatible SoCs that can handle the increased data throughput and support advanced connectivity features. Mobile SoC manufacturers are developing 5G-enabled chips that integrate modem capabilities, enabling seamless connectivity and enhanced network performance. The widespread deployment of 5G networks worldwide is expected to drive the demand for mobile SoCs in the coming years.

A key trend shaping the mobile SoC market is the integration of artificial intelligence (AI) capabilities. Mobile SoC manufacturers are incorporating AI accelerators and neural processing units (NPUs) into their chips to enable on-device AI processing. This integration allows for faster and more efficient AI tasks, such as facial recognition, voice assistants, and augmented reality applications. By offloading AI computations to the SoC, mobile devices can deliver real-time AI experiences without relying on cloud-based processing, enhancing privacy and reducing latency.

Furthermore, there is a growing focus on power efficiency and thermal management in mobile SoCs. As mobile devices become more powerful and feature-rich, managing power consumption and heat dissipation becomes crucial. Mobile SoC manufacturers are employing advanced fabrication processes, such as 7nm and 5nm, to reduce power leakage and improve energy efficiency. Additionally, they are implementing innovative thermal management techniques, such as multi-layered heat spreaders and advanced cooling solutions, to prevent overheating and ensure optimal performance.

One of the key challenges hindering the mobile SoC market growth is the increasing complexity of chip design and manufacturing. Developing advanced mobile SoCs requires significant investments in research and development, as well as expertise in semiconductor design and fabrication. The complexity of integrating multiple components into a single chip, while ensuring performance, power efficiency, and reliability, poses challenges for mobile SoC manufacturers. Additionally, the shrinking size of transistors and the increasing demand for miniaturization further complicate the design and manufacturing processes.

Mobile SoC Market Segmentation By Application:

The smartphone segment is estimated to witness significant growth during the forecast period. Smartphones are the primary drivers of the mobile SoC market, accounting for the majority of the demand. Mobile SoCs power the processing, graphics, and connectivity capabilities of smartphones, enabling advanced features such as high-resolution displays, multi-camera systems, and AI-powered applications. The increasing consumer demand for smartphones with improved performance, longer battery life, and enhanced user experiences is driving the growth of the mobile SoC market in the smartphone segment.

The tablet segment is also expected to contribute to the market growth. Tablets offer larger displays and more computing power compared to smartphones, making them suitable for productivity tasks, multimedia consumption, and gaming. Mobile SoCs designed specifically for tablets provide the necessary processing power, graphics capabilities, and connectivity options to deliver a seamless tablet experience. The growing adoption of tablets in various industries, including education, healthcare, and retail, is fueling the demand for mobile SoCs in the tablet segment.

Mobile SoC Market Segmentation By Type:

The ARM-based mobile SoC segment is expected to dominate the market during the forecast period. ARM (Advanced RISC Machines) architecture is widely used in mobile SoCs due to its power efficiency, scalability, and compatibility with various operating systems. ARM-based mobile SoCs offer a balance between performance and power consumption, making them suitable for mobile devices. They are designed to deliver high-performance computing capabilities while optimizing power efficiency, enabling longer battery life and improved user experiences. The widespread adoption of ARM-based mobile SoCs by major smartphone and tablet manufacturers drives the growth of this segment.

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North America is estimated to contribute significantly to the growth of the global mobile SoC market during the forecast period. The region has a high adoption rate of smartphones and tablets, driven by technological advancements, strong consumer purchasing power, and the presence of major mobile device manufacturers. The demand for high-performance mobile SoCs in North America is fueled by the need for advanced mobile devices with cutting-edge features and capabilities.

Asia Pacific is also expected to witness substantial growth in the mobile SoC market. The region is home to several leading smartphone and tablet manufacturers, as well as a large consumer base. The increasing penetration of smartphones, rising disposable incomes, and the growing demand for affordable mobile devices drive the market in Asia Pacific. Additionally, the region's rapid technological advancements and the deployment of 5G networks further contribute to the growth of the mobile SoC market.

Mobile SoC Market Customer Landscape:

The mobile SoC market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Who are the Major Mobile SoC Market Companies?

Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.

Qualcomm Incorporated: The company offers a range of mobile SoCs under its Snapdragon brand, catering to smartphones and tablets.

Apple Inc: The company designs and manufactures its own mobile SoCs, known as Apple A-series chips, for its iPhones and iPads.

Samsung Electronics Co., Ltd: The company develops Exynos mobile SoCs for its smartphones and tablets, offering high-performance computing capabilities.

Some of the major companies operating in the mobile SoC market include:

• Qualcomm Incorporated
• Apple Inc
• Samsung Electronics Co., Ltd
• MediaTek Inc
• Huawei Technologies Co., Ltd
• Intel Corporation
• NVIDIA Corporation
• Advanced Micro Devices, Inc
• Spreadtrum Communications Inc
• HiSilicon Technologies Co., Ltd

The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.

The mobile SoC market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.

• Application Outlook (USD Million, 2019 - 2032)

o             Smartphone

o             Tablet

o             Others

• Type Outlook (USD Million, 2019 - 2032)

o             ARM-based

o             x86-based

• Geography Outlook (USD Million, 2019 - 2032)

o             North America

• The U.S.
• Canada

o             Europe

• K.
• Germany
• France
• Rest of Europe

o             Asia Pacific

• China
• India

o             South America

• Brazil
• Argentina
• Rest of South America

o             Middle East & Africa

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa