Artificial Intelligence
The Worldwide Smartphone Application Processor Industry is Expected to Reach $29.14 Billion by 2027
Dublin, Nov. 10, 2022 (GLOBE NEWSWIRE) — The “Global Smartphone Application Processor (AP) Market: Analysis By Operating System (Android, iOS, and Others), By Application (Camera, Gaming, Photo and Video Editing, and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027” report has been added to ResearchAndMarkets.com’s offering.
The global smartphone application processor market in 2021 was valued at US$15.95 billion. The market is expected to reach US$29.14 billion by 2027.
A smartphone application processor is a system that contains a chip which assists the smartphones operating system. The performance of the smartphone is at the optimal level with the use of an application processor. Smartphone experience of the customers is increasing due to the use of advanced processors.
Technological advancements make processors better for smartphones. The key players are launching premium processors that come with high-end features such as the launch of the Octa-core processor. Therefore, technological advancements and rapid innovations are expected to expand the demand for smartphone application processors in the forthcoming years. The market is expected to grow at a CAGR of approx. 10.6% during the forecasted period of 2022-2027.
Market Segmentation Analysis:
- By Operating System: The report provides the bifurcation of the market into three segments based on the operating system: Android, iOS, and Others. In 2021, android held a major share of 71.4% in the market. On the other hand, the iOS segment is expected to grow at the highest CAGR in the forthcoming years on account of growing popularity of iPhone devices and rising demand for Apple smartphones by young generation across the world.
- By Application: The report further provides the segmentation based on the application: Camera, Gaming, Photo & Video Editing, and Others. The camera held the highest share of more than 35% in the market. The market’s expansion is aided by the growing demand for advanced features from growing base of tech-savvy consumers such as enhanced camera functionality, high end graphics, long battery life, etc.
- By Region: The report provides insight into the smartphone application processor market based on the regions namely North America, Asia Pacific, Europe, and the Rest of the World. North America held the major share of above 38% in the market owing to rise in the adoption of smartphones, advancements in technological to sustain the consumer demand for smartphones and the presence of leading manufacturers of smartphones in the region.
In Asia Pacific, China held almost 52% share in the market owing to the rise in spending, consistent advancement in smartphone technology and growing emphasis on powerful processors. Whereas, in Europe, Germany is expected to be the fastest growing region in the forecasted period.
Market Dynamics:
- Growth Drivers: The global smartphone application processor market has been growing over the past few years, due to factors such as increasing number of smartphone users, rise in consumer spending, mounting penetration of internet, rapid urbanization, and many other factors. With rapid urbanization and a rise in consumer spending, it is observed that both individuals are rapidly becoming tech savvy and are preferring to buy smartphones with advanced features, which is leading to rising demand for smartphone application processors. Thus, rapid urbanization and a rise in consumer spending have positively contributed to the market growth.
- Challenges: However, the market has been confronted with some challenges specifically, high cost associated with development and operations, performance and heating related problems, constantly changing requirements of the processors, etc.
- Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as growing execution of artificial intelligence in smartphones, accelerating adoption of 5G technology, technological advancements and rapid innovations, etc. The smartphone manufacturers are increasingly deploying the 5G processors to serve the increasing demand and changing customer preferences. Moreover, the intensive utilization of IoT devices, increasing utilization in automated factories, the higher number of streaming content are expected to present lucrative opportunities for the overall demand growth of the 5G processor in coming years. Hence, with accelerating adoption of 5G technology, the demand for 5G attached application processor is increasing, thus booting the overall market growth.
Impact Analysis of COVID-19 and Way Forward:
In 2020, the outbreak of COVID-19 weakened the demand of smartphones due to halted production activities, and as people started budgeting and shopped less during the pandemic phase. This decline in smartphone production directly affected the demand of application processors as a smartphone processor is a central hub of the smartphone and is directly responsible for the performance of the device. However, after the relaxation of the lockdown, the industry responded positively to the crisis. The technological innovations have also helped smartphone application processor retailers to align with safety regulations in stores.
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Market Analysis
3.1 Global Smartphone Application Processor Market: An Analysis
3.1.1 Global Smartphone Application Processor Market: An Overview
3.1.2 Global Smartphone Application Processor Market by Value
3.1.3 Global Smartphone Application Processor Market by Operating System (Android, iOS, and Others)
3.1.4 Global Smartphone Application Processor Market by Application (Camera, Gaming, Photo & Video Editing, and Others)
3.1.5 Global Smartphone Application Processor Market by Region
3.2 Global Smartphone Application Processor Market: Operating System Analysis
3.2.1 Global Smartphone Application Processor Market by Operating System: An Overview
3.2.2 Global Android Smartphone Application Processor Market by Value
3.2.3 Global iOS Smartphone Application Processor Market by Value
3.2.4 Global Other Smartphone Application Processor Market by Value
3.3 Global Smartphone Application Processor Market: Application Analysis
3.3.1 Global Smartphone Application Processor Market by Application: An Overview
3.3.2 Global Camera Smartphone Application Processor Market by Value
3.3.3 Global Gaming Smartphone Application Processor Market by Value
3.3.4 Global Photo & Video Editing Smartphone Application Processor Market by Value
3.3.5 Global Others Smartphone Application Processor Market by Value
4. Regional Market Analysis
4.1 North America Smartphone Application Processor Market: An Analysis
4.1.1 North America Smartphone Application Processor Market: An Overview
4.1.2 North America Smartphone Application Processor Market by Value
4.1.3 North America Smartphone Application Processor Market by Region
4.1.4 The US Smartphone Application Processor Market by Value
4.1.5 Canada Smartphone Application Processor Market by Value
4.1.6 Mexico Smartphone Application Processor Market by Value
4.2 Asia Pacific Smartphone Application Processor Market: An Analysis
4.2.1 Asia Pacific Smartphone Application Processor Market: An Overview
4.2.2 Asia Pacific Smartphone Application Processor Market by Value
4.2.3 Asia Pacific Smartphone Application Processor Market by Region
4.2.4 China Smartphone Application Processor Market by Value
4.2.5 Japan Smartphone Application Processor Market by Value
4.2.6 South Korea Smartphone Application Processor Market by Value
4.2.7 Rest of Asia Pacific Smartphone Application Processor Market by Value
4.3 Europe Smartphone Application Processor Market: An Analysis
4.3.1 Europe Smartphone Application Processor Market: An Overview
4.3.2 Europe Smartphone Application Processor Market by Value
4.3.3 Europe Smartphone Application Processor Market by Region
4.3.4 Germany Smartphone Application Processor Market by Value
4.3.5 Italy Smartphone Application Processor Market by Value
4.3.6 The UK Smartphone Application Processor Market by Value
4.3.7 France Smartphone Application Processor Market by Value
4.3.8 Rest of Europe Smartphone Application Processor Market by Value
4.4 Rest of World Smartphone Application Processor Market: An Analysis
4.4.1 Rest of World Smartphone Application Processor Market: An Overview
4.4.2 Rest of World Smartphone Application Processor Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19 on Smartphone Application Processor Market
5.1.1 General Impact
5.1.2 Impact of COVID-19 on Smartphone Sales
5.1.3 Post-COVID Scenario
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Number of Smartphone Users
6.1.2 Rise in Consumer Spending
6.1.3 Mounting Penetration of Internet Users
6.1.4 Rapid Urbanization
6.1.5 Supportive Government Initiatives
6.2 Challenges
6.2.1 High Cost Associated with Development and Operations
6.2.2 Performance And Heating Related Problems
6.2.3 Constantly Changing Requirements of the Processors
6.3 Market Trends
6.3.1 Growing Execution of Artificial Intelligence in Smartphones
6.3.2 Accelerating Adoption of 5G Technology
6.3.3 Escalating Penetration of Mobile E-Commerce
6.3.4 Rising Trend of Connected IoT Devices
6.3.5 Technological Advancements and Rapid Innovations
7. Competitive Landscape
7.1 Global Smartphone Application Processor Players by Market Share
8. Company Profiles
8.1 Qualcomm Inc.
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy
8.2 MediaTek Inc.
8.2.1 Business Overview
8.2.2 Operating Regions
8.2.3 Business Strategy
8.3 Apple Inc.
8.3.1 Business Overview
8.3.2 Operating Segment
8.3.3 Business Strategy
8.4 Samsung Electronics Co., Ltd.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy
8.5 Huawei Technologies Co., Ltd.
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy
8.6 Lenovo Group Limited
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategy
8.7 Intel Corporation
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy
8.8 Nvidia Corporation
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy
8.9 Broadcom Inc.
8.9.1 Business Overview
8.9.2 Operating Segments
8.9.3 Business Strategy
8.10 Advanced Micro Devices, Inc.
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategy
8.11 Renesas Electronics Corporation
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategy
8.12 Texas Instruments Incorporated
8.12.1 Business Overview
8.12.2 Operating Segments
8.12.3 Business Strategy
8.13 Unisoc Technology Co., Ltd.
8.13.1 Business Overview
8.13.2 Business Strategy
For more information about this report visit https://www.researchandmarkets.com/r/1lday7
Artificial Intelligence
THE 2024 GLOBAL EXPLORATION SUMMIT IS ANNOUNCED AT THE 120th EXPLORERS CLUB ANNUAL GALA IN NEW YORK
Porto and Terceira Island to Host the ‘Davos of Exploration’ – The GLEX Summit
NEW YORK, April 24, 2024 /PRNewswire/ — The Explorers Club and Expanding World, are thrilled to announce the fifth edition of The GLEX Summit, known as the ‘Davos of Exploration,’ set to take place from June 15 to 19 on Porto city and Terceira Island in the Azores, Portugal.
This year, Porto will Ignite the summit, followed by two days of discussions and exploration in the historic city of Angra do Heroísmo on Terceira Island. From the depths of the oceans to new space missions, the power and future of exploration will be explored in these two World Heritage cities, deeply connected to the history of exploration.
The 2024 GLEX Summit will revolve around the latest discoveries and groundbreaking missions shaping the future of our planet. Highlights of the summit include the Artemis mission, which plans to send astronauts back to the moon for the first time since 1972, and the role of Space and the Oceans in researching and mitigating the effects of climate change. Notable sessions will also delve into the unfortunate incident of the submersible implosion that took place on Titan and the recording of an episode of the BBC’s acclaimed science comedy show ‘The Infinite Monkey Cage,’ hosted by physicist Brian Cox and comedian Robin Ince.
This prestigious event will bring together over three dozen explorer and scientist legends from around the world. Confirmed physicist and researcher Brian Cox, NASA Chief Scientist James Garvin, Aquanaut Fabien Cousteau, Oceanographer David Gallo, Cosmonaut Mike Massimino, Nasa ISS CapCom Tess Caswell, among many others global Explorers and Scientists.
For further inquiries about The GLEX Summit and press accreditation, please contact:
Marco Barbosa [email protected], +351917345744
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Hillstone Networks delivers advanced Microsegmentation across different verticals..
SANTA CLARA, Calif., April 24, 2024 /PRNewswire/ — Hillstone Networks, a leading provider of cybersecurity solutions, has been included in the Forrester Microsegmentation Solutions Landscape, Q2 2024 report. The report offers an overview of the Microsegmentation market, focused on the vendors who deliver solutions for protection of critical resources, combating ransomware, and contributing to compliance adherence. The report provides security professionals a snapshot of these named vendors, considering factors such as size, geographic focus, and use cases to select the most suitable option for their targeted use cases or needs.
In the Landscape Report, Forrester states that “Zero Trust is all about replacing bodies of implicit trust with explicit policy. In physical and virtual networks, the application of this principle is referred to as microsegmentation…. [It] was one of the first true Zero Trust technologies developed after Forrester published the initial Zero Trust reports.”
Forrester states in the report that the main trend is “organizations are finally getting serious about Zero Trust. Some, proactively, are implementing microsegmentation as part of a Zero Trust strategy or initiative. Others are implementing it because they got hit by ransomware and are trying to avoid it again. But all of them are doing Zero Trust with microsegmentation.”
“Being recognized as a vendor in the Microsegmentation solution landscape underscores for us the pivotal role our technology plays in safeguarding critical assets and thwarting ransomware threats. We believe it reaffirms our commitment to providing cutting-edge security measures built on an innovative and AI-powered platform that help our customers defend against evolving cyber risks, ensuring resilience and trust,” states Tim Liu, CTO and Co-founder at Hillstone Networks.
Hillstone’s Microsegmentation solution provides the following key benefits:
Advanced and extensive Microsegmentation for physical servers, virtual machines, cloud hosts, and containers, seamlessly compatible with multiple platforms.Comprehensive, integrated Layer 4 to 7 security and malware features (Next Generation Firewall, Intrusion Prevention System, AntiVirus, URL filtering, DDoS, and bot defense), and complete vulnerability management across the entire application lifecycle.Distributed architecture for easy scaling and portability.Centralized and comprehensive visibility to reduce gaps in the threat surface.Learn more about Hillstone Networks solutions here.
About Hillstone Networks
Hillstone Networks’ Integrative Cybersecurity approach is based on a visionary, AI-powered, and accessible platform, delivering coverage, control, and consolidation to secure over 28,000 global enterprises.
Media ContactZeyao Hu+1 [email protected]
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Artificial Intelligence
Tetra Pharm Technologies and Glysious Announce Collaboration to Develop Transdermal Combination Drugs Targeting the Endocannabinoid System
The collaboration brings together Tetra Pharm Technologies’ expertise in enabling technology with Glysious’ proprietary transdermal drug delivery system, renowned for its effectiveness, comfort, and convenience.
COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ — Tetra Pharm Technologies and Glysious are pleased to announce a strategic collaboration aimed at developing a ground-breaking transdermal drug delivery system complementing several of Tetra Pharm Technologies’ pipeline candidates. The joint invention aims to revolutionize transdermal release of “difficult-to-formulate” compounds targeting the endocannabinoid system.
Tetra Pharm Technologies has focused intensively on formulation expertise, that is, how the molecules are effectively integrated with a drug delivery system to reach their desired targets. Glysious has worked rigorously on the development of an adhesive patch for transdermal drug delivery since the company’s incorporation in 2020.
“The Glysious technology enables precision, sustained dosing, and allows for a high drug load and effective emptying of patches. The transdermal patches remain in place and are very comfortable and convenient to use, resulting in improved patient compliance. However, we have identified challenges with standard formulation strategies, not providing acceptable drug release due to shortcomings of the formulation matrix”, says Professor, Dr.Techn. Anne Ladegaard Skov, Chief Scientific Officer, Glysious.
Back in 2023 Glysious and Tetra Pharm Technologies performed early in-vitro feasibility tests, integrating Tetra Pharma Technologies’ proprietary enabling technology for delivery of poorly soluble compounds with Glysious’ patch.
Dr. Morten Allesø, Chief Scientific Officer, Tetra Pharm Technologies, adds: “Although both parties were aware of the uniqueness of our respective technologies, we were positively surprised to find a five-fold increase in performance of our combination product compared to conventional formulation technologies. This is truly remarkable, and we consider it our shared obligation to further advance this technology to the benefit of the patients.”
The objectives of the collaboration include conducting comprehensive in-vitro and in-vivo studies to evaluate the performance and efficacy of the combined drug delivery system. Additionally, Tetra Pharm Technologies and Glysious plan to pursue a common patent for the joint invention, ensuring that their innovative technology remains protected and exclusive.
“We are excited to collaborate with the innovative team in Tetra Pharm Technologies on this transdermal drug delivery system paving the way for commercialization and scaling of the Glysious technology within the pharma segment”, says Stina Bjerg Nielsen, Chief Executive Officer, Glysious.
Martin Rose, Chief Executive Officer, Tetra Pharm Technologies, concludes: “The collaboration represents a unique opportunity to harness the synergies between our respective technologies. By combining our expertise, we aim to develop a transdermal drug delivery system that offers superior efficacy, convenience, and patient compliance, supporting several of our pipeline programs”.
As part of the collaboration, the partners will exchange expertise, knowledge, and resources. In addition, Tetra Pharm Technologies and Glysious will conduct joint research, experiments, and tests as required for the development of a joint patent. The scope of the collaboration is focused on disease indications such as pain, sleep disorders, and appetite regulation.
About Tetra Pharm Technologies
Tetra Pharm Technologies is a Danish biopharmaceutical company established in 2018 with a vision to be a leader in research and development of pharmaceutical drugs for the treatment of diseases related to the endocannabinoid system. For more information, please visit www.tetrapharm.eu
About Glysious
Glysious is a Danish medtech company, incorporated in 2020, that develops patches, creams, spray, and foams with controlled release of active ingredients for cosmetics and life science applications. For more information, please visit www.glysious.com
For further informationJacob SchlundtChief Marketing OfficerTetra Pharm [email protected]+45 51976225
Stina Bjerg NielsenChief Executive [email protected]+45 3053 5393
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