The global application processor market garnered USD 26.2 Billion in 2021 and is likely to exhibit a Y-o-Y increase of 6.6% to be valued at USD 27.93 Billion in 2022. Owing to the adoption of smartphones and advancements in technology, the market is likely to expand to USD 53 Billion by 2032. Apple, Intel, Qualcomm, MediaTek, and Samsung LSI captured the top-five smartphone Application Processor revenue share rankings in 2021.
Higher 5G penetration and rising demand for consumer electronic products, the multifunctional utility of mobile phones, and increasing adoption of artificial intelligence are expected to create opportunities for Application Processor market growth over the forecast period.
Attributes | Details |
---|---|
Global Application Processor Market CAGR (2022 to 2032) | 6.6% |
Global Application Processor Market (2022) | USD 27.93Billion |
Global Application Processor Market (2032) | USD 53 Billion |
Global Application Processor Market Attraction | Technological advancements and favorable government policies are helping key manufacturers to gain new grounds across the globe |
An application processor is a system-on-chip processor which has been in the market to support applications in operating system environments. The application processor has components like a memory controller, graphics processing unit, and multimedia decoding units for the mobile environments and similarly other components for other environments.
Recently it has been observed that the mobile phone application processor combines both SoC and SiP technology where the main processor comprises an array of functions from CPU, GPU, static RAM, and analog interface blocks.
Many factors are driving the market for application processors, and one of the major factors is the high adoption of application processors in the industries like consumer electronics specifically the wearable devices, and also in other industries for its use in applications like automotive ADAS and the infotainment systems.
This has been the major driver for the application processor market and has led to the strong growth of the market. Also, the increase in penetration of smartphones has increased the sales of mobile application processors which are a part of the application processor market. This has also been a driving factor for the application processor market and has led to the fast growth of the market.
Some of the restraints in the application processor market have been related to the development of application processors in the market. There have been problems regarding the development of the application processor which needs skilled personnel for its development. This has been a restraining factor for the application processor market as the processors take time to reach the end-user which slows down the process cycle of the application process market leading to slow growth.
Besides, the costs associated with mobile application processor development and operations will test the mobile apps market in the upcoming years. Mobile apps are designed to enable user activities with technological support. However, with the swelling demand for mobile apps, there has been an augmented need for administrative support, maintenance support, and infrastructure services, among others. These events incur a higher price than that involved in application development cost.
The North American region is likely to capture lion’s share in the application processor segment, backed by the bolstering demand for smart wearables and increasing penetration of tablets. Several tech giants are making hefty investments in developing fast and powerful processors to support all types of gadgets, exhibiting a positive elevation in the growth trajectory. Across the region, Apple led the tablet AP market with a 62 percent revenue share, followed by Intel with 12 percent and Qualcomm with 10 percent.
In March 2022, Apple announced M1 Ultra, the next giant leap for Apple silicon and the Mac. Which featured UltraFusion - Apple’s innovative packaging architecture that interconnects the die of two M1 Max chips to create a system on a chip (SoC) with unique levels of performance and capabilities - M1 Ultra delivers breathtaking computing power to the new Mac Studio while maintaining industry-leading performance per watt. The new SoC consists of 114 billion transistors, the most ever in a personal computer chip. According to Future Market Insights, the demand for application processors is likely to expand at a CAGR of 6% by 2032 end.
With the consistent advancement in smartphone technology and growing emphasis on powerful processors, the APAC region is witnessing immense growth in the current scenario which is prospective to continue in the future nearby. Prominent players like Qualcomm and Samsung are working together to enhance the user experience of using a smart gadget by offering next-generation processors.
For instance, Qualcomm’s Snapdragon 8 Gen 1 flagship, the mobile platform created a market in the first quarter of 2022. The performance in Q1 2022 will be propelled by design wins in the Samsung Galaxy S22 series and launches in the Chinese New Year. With the announcement of 5G network connectivity in India, major OEMs are offering advanced processors with their products. The APAC market for application processors is projected to reflect a CAGR of 6.5% throughout the forecast period, reveals Future Market Insights report.
Some of the key players in the Application Processor market are Apple, Inc., Samsung Electronics, Qualcomm, MediaTek Inc., Intel Corporation, Advanced Micro Devices, Inc., NXP Semiconductors, NVIDIA Corporation, Renesas Mobile Corporation, Huawei Technologies Co. Ltd., Texas Instruments, Broadcom Corporation, Allwinner Technology, and HiSilicon Technologies among others.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 6.6% from 2022 to 2032 |
Market Value in 2022 | USD 27.93 Billion |
Market Value in 2032 | USD 53 Billion |
Base Year for Estimation | 2021 |
Historical Data Available For | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Device Type, Core type, Industry, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, BENELUX, China, Japan, South Korea, GCC, South Africa, Turkey |
Key Companies Profiled | Apple, Inc.; Samsung Electronics; Qualcomm; MediaTek Inc.; Intel Corporation; Advanced Micro Devices, Inc.; NXP Semiconductors; NVIDIA Corporation; Renesas Mobile Corporation; Huawei Technologies Co. Ltd.; Texas Instruments; Broadcom Corporation; Allwinner Technology; HiSilicon Technologies |
Customization | Available Upon Request |
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Market Volume (Units) Forecast by Region, 2017-2032
Table 3: Global Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 4: Global Market Volume (Units) Forecast by Device Type, 2017-2032
Table 5: Global Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 6: Global Market Volume (Units) Forecast by Core Type, 2017-2032
Table 7: Global Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 8: Global Market Volume (Units) Forecast by Industry, 2017-2032
Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: North America Market Volume (Units) Forecast by Country, 2017-2032
Table 11: North America Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 12: North America Market Volume (Units) Forecast by Device Type, 2017-2032
Table 13: North America Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 14: North America Market Volume (Units) Forecast by Core Type, 2017-2032
Table 15: North America Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 16: North America Market Volume (Units) Forecast by Industry, 2017-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Latin America Market Volume (Units) Forecast by Country, 2017-2032
Table 19: Latin America Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 20: Latin America Market Volume (Units) Forecast by Device Type, 2017-2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 22: Latin America Market Volume (Units) Forecast by Core Type, 2017-2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 24: Latin America Market Volume (Units) Forecast by Industry, 2017-2032
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Europe Market Volume (Units) Forecast by Country, 2017-2032
Table 27: Europe Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 28: Europe Market Volume (Units) Forecast by Device Type, 2017-2032
Table 29: Europe Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 30: Europe Market Volume (Units) Forecast by Core Type, 2017-2032
Table 31: Europe Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 32: Europe Market Volume (Units) Forecast by Industry, 2017-2032
Table 33: East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 34: East Asia Market Volume (Units) Forecast by Country, 2017-2032
Table 35: East Asia Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 36: East Asia Market Volume (Units) Forecast by Device Type, 2017-2032
Table 37: East Asia Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 38: East Asia Market Volume (Units) Forecast by Core Type, 2017-2032
Table 39: East Asia Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 40: East Asia Market Volume (Units) Forecast by Industry, 2017-2032
Table 41: South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 42: South Asia & Pacific Market Volume (Units) Forecast by Country, 2017-2032
Table 43: South Asia & Pacific Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 44: South Asia & Pacific Market Volume (Units) Forecast by Device Type, 2017-2032
Table 45: South Asia & Pacific Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 46: South Asia & Pacific Market Volume (Units) Forecast by Core Type, 2017-2032
Table 47: South Asia & Pacific Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 48: South Asia & Pacific Market Volume (Units) Forecast by Industry, 2017-2032
Table 49: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 50: MEA Market Volume (Units) Forecast by Country, 2017-2032
Table 51: MEA Market Value (US$ Mn) Forecast by Device Type, 2017-2032
Table 52: MEA Market Volume (Units) Forecast by Device Type, 2017-2032
Table 53: MEA Market Value (US$ Mn) Forecast by Core Type, 2017-2032
Table 54: MEA Market Volume (Units) Forecast by Core Type, 2017-2032
Table 55: MEA Market Value (US$ Mn) Forecast by Industry, 2017-2032
Table 56: MEA Market Volume (Units) Forecast by Industry, 2017-2032
Figure 1: Global Market Value (US$ Mn) by Device Type, 2022-2032
Figure 2: Global Market Value (US$ Mn) by Core Type, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Industry, 2022-2032
Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Market Volume (Units) Analysis by Region, 2017-2032
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 9: Global Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 10: Global Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 13: Global Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 14: Global Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 17: Global Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 18: Global Market Volume (Units) Analysis by Industry, 2017-2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 21: Global Market Attractiveness by Device Type, 2022-2032
Figure 22: Global Market Attractiveness by Core Type, 2022-2032
Figure 23: Global Market Attractiveness by Industry, 2022-2032
Figure 24: Global Market Attractiveness by Region, 2022-2032
Figure 25: North America Market Value (US$ Mn) by Device Type, 2022-2032
Figure 26: North America Market Value (US$ Mn) by Core Type, 2022-2032
Figure 27: North America Market Value (US$ Mn) by Industry, 2022-2032
Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 30: North America Market Volume (Units) Analysis by Country, 2017-2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 34: North America Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 35: North America Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 37: North America Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 38: North America Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 41: North America Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 42: North America Market Volume (Units) Analysis by Industry, 2017-2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 45: North America Market Attractiveness by Device Type, 2022-2032
Figure 46: North America Market Attractiveness by Core Type, 2022-2032
Figure 47: North America Market Attractiveness by Industry, 2022-2032
Figure 48: North America Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Market Value (US$ Mn) by Device Type, 2022-2032
Figure 50: Latin America Market Value (US$ Mn) by Core Type, 2022-2032
Figure 51: Latin America Market Value (US$ Mn) by Industry, 2022-2032
Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2017-2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 58: Latin America Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 61: Latin America Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 62: Latin America Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 65: Latin America Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 66: Latin America Market Volume (Units) Analysis by Industry, 2017-2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 69: Latin America Market Attractiveness by Device Type, 2022-2032
Figure 70: Latin America Market Attractiveness by Core Type, 2022-2032
Figure 71: Latin America Market Attractiveness by Industry, 2022-2032
Figure 72: Latin America Market Attractiveness by Country, 2022-2032
Figure 73: Europe Market Value (US$ Mn) by Device Type, 2022-2032
Figure 74: Europe Market Value (US$ Mn) by Core Type, 2022-2032
Figure 75: Europe Market Value (US$ Mn) by Industry, 2022-2032
Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 78: Europe Market Volume (Units) Analysis by Country, 2017-2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 82: Europe Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 85: Europe Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 86: Europe Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 89: Europe Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 90: Europe Market Volume (Units) Analysis by Industry, 2017-2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 93: Europe Market Attractiveness by Device Type, 2022-2032
Figure 94: Europe Market Attractiveness by Core Type, 2022-2032
Figure 95: Europe Market Attractiveness by Industry, 2022-2032
Figure 96: Europe Market Attractiveness by Country, 2022-2032
Figure 97: East Asia Market Value (US$ Mn) by Device Type, 2022-2032
Figure 98: East Asia Market Value (US$ Mn) by Core Type, 2022-2032
Figure 99: East Asia Market Value (US$ Mn) by Industry, 2022-2032
Figure 100: East Asia Market Value (US$ Mn) by Country, 2022-2032
Figure 101: East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 102: East Asia Market Volume (Units) Analysis by Country, 2017-2032
Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: East Asia Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 106: East Asia Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 107: East Asia Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 109: East Asia Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 110: East Asia Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 111: East Asia Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 113: East Asia Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 114: East Asia Market Volume (Units) Analysis by Industry, 2017-2032
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 117: East Asia Market Attractiveness by Device Type, 2022-2032
Figure 118: East Asia Market Attractiveness by Core Type, 2022-2032
Figure 119: East Asia Market Attractiveness by Industry, 2022-2032
Figure 120: East Asia Market Attractiveness by Country, 2022-2032
Figure 121: South Asia & Pacific Market Value (US$ Mn) by Device Type, 2022-2032
Figure 122: South Asia & Pacific Market Value (US$ Mn) by Core Type, 2022-2032
Figure 123: South Asia & Pacific Market Value (US$ Mn) by Industry, 2022-2032
Figure 124: South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 125: South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 126: South Asia & Pacific Market Volume (Units) Analysis by Country, 2017-2032
Figure 127: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: South Asia & Pacific Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 130: South Asia & Pacific Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 131: South Asia & Pacific Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 132: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 133: South Asia & Pacific Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 134: South Asia & Pacific Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 135: South Asia & Pacific Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 136: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 137: South Asia & Pacific Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 138: South Asia & Pacific Market Volume (Units) Analysis by Industry, 2017-2032
Figure 139: South Asia & Pacific Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 140: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 141: South Asia & Pacific Market Attractiveness by Device Type, 2022-2032
Figure 142: South Asia & Pacific Market Attractiveness by Core Type, 2022-2032
Figure 143: South Asia & Pacific Market Attractiveness by Industry, 2022-2032
Figure 144: South Asia & Pacific Market Attractiveness by Country, 2022-2032
Figure 145: MEA Market Value (US$ Mn) by Device Type, 2022-2032
Figure 146: MEA Market Value (US$ Mn) by Core Type, 2022-2032
Figure 147: MEA Market Value (US$ Mn) by Industry, 2022-2032
Figure 148: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 149: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 150: MEA Market Volume (Units) Analysis by Country, 2017-2032
Figure 151: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 152: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 153: MEA Market Value (US$ Mn) Analysis by Device Type, 2017-2032
Figure 154: MEA Market Volume (Units) Analysis by Device Type, 2017-2032
Figure 155: MEA Market Value Share (%) and BPS Analysis by Device Type, 2022-2032
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Device Type, 2022-2032
Figure 157: MEA Market Value (US$ Mn) Analysis by Core Type, 2017-2032
Figure 158: MEA Market Volume (Units) Analysis by Core Type, 2017-2032
Figure 159: MEA Market Value Share (%) and BPS Analysis by Core Type, 2022-2032
Figure 160: MEA Market Y-o-Y Growth (%) Projections by Core Type, 2022-2032
Figure 161: MEA Market Value (US$ Mn) Analysis by Industry, 2017-2032
Figure 162: MEA Market Volume (Units) Analysis by Industry, 2017-2032
Figure 163: MEA Market Value Share (%) and BPS Analysis by Industry, 2022-2032
Figure 164: MEA Market Y-o-Y Growth (%) Projections by Industry, 2022-2032
Figure 165: MEA Market Attractiveness by Device Type, 2022-2032
Figure 166: MEA Market Attractiveness by Core Type, 2022-2032
Figure 167: MEA Market Attractiveness by Industry, 2022-2032
Figure 168: MEA Market Attractiveness by Country, 2022-2032
The global application processor market is estimated to grow at a CAGR of 6.6% from 2022 to 2032.
The Consumer Electronics Application Processor segment is likely to exhibit a 6.3% CAGR from 2022 to 2032.
The North American market is expected to be the most opportunistic, with an expected 6.0% CAGR from 2022 to 2032
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