Narrative: Smartphone Application Processor Market Share Q4 2024
Global smartphone AP shipments fell 9% YoY in Q4 2024, but revenue rose 12% as premium chip demand grew. Explore market trends, AI adoption & vendor insights in our latest report.
Techinsights estimate the global smartphone applications processor (AP) market declined 9 percent year-on-year in unit shipment during Q4 2024 but with a corresponding revenue increase of 12 percent as processor mix-shifted in favor of premium chipsets. The smartphone market will be increasingly defined by the success of flagship devices and the adoption of generative AI and the latest silicon (with on-board AI accelerators) that power it. This report tracks stand-alone and integrated smartphone applications processor unit shipments, revenue market share, and ASPs for 18 chip vendors from Q1 2008 to Q3 2024 with short-term forecast up to Q3 2025.
