Technological Innovations and Advancements Spurring Growth Opportunities in the Global Application Processor Market: Technavio Report

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  • The key vendors in the global application processor market 2015-2019 are Apple, Broadcom, Intel, MediaTek, Qualcomm and Samsung.

London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global application processor market 2015-2019.   The advances in graphics processing unit (GPU) architecture and new software designs has fueled the demand for efficient application processors. The development of octa-core processor has enhanced the performance of mobile devices by streamlining the process of multitasking. The global application processor market is expected to grow at a CAGR of 2.42% during the forecast period of 2014-2019.

“The application processor manufacturers are using advanced technology like the introduction of 14 nm-based smartphones processors,” says Faisal Ghaus, Vice President of Technavio Research.

“This technology is used to manufacture a wide range of high-performance, low-power products that deliver industry-leading performance, power, and density advantages.”

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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