The Asia Pacific Mobile SoC Market would witness market growth of 17.4% CAGR during the forecast period (2023-2030).
These SoCs play a vital role in networking in routers, modems, and other communication equipment. These chips facilitate efficient data processing and communication, supporting the growing demand for high-speed, reliable connectivity. The diverse connectivity options offered by these SoCs are crucial for networking equipment. These SoCs often come equipped with integrated Wi-Fi, Bluetooth, and Ethernet capabilities, enabling routers and modems to support various devices with varying connectivity needs. The flexibility in connectivity options ensures compatibility with various devices in residential and commercial settings.
Additionally, by incorporating peripheral computing capabilities, these SoCs are increasingly relocating computational tasks to the location where data is generated. This trend will be especially pertinent to applications requiring minimal latency, such as IoT devices, autonomous vehicles, and real-time analytics. These SoCs enhance network resource utilization efficiency and facilitate quicker response times through on-device data processing.
The telecom sector in India has witnessed a significant increase in mobile data consumption, fueled by factors such as affordable data plans and the popularity of digital content. These SoCs are crucial for supporting efficient data processing, facilitating seamless online experiences, and meeting the demands of data-intensive applications. As per the data provided by Invest India, the country's telecom industry is the second largest in the world, with a subscriber base of 1.182 Bn as of October 2023 (wireless + wireline subscribers). India added over 500 million new smartphone users over the last decade. The nation is expected to have 850 Mn smartphone users by 2026, representing ~55% of the total population. Thus, the increasing telecom sector in Asia Pacific will propel the growth of the regional market.
The China market dominated the Asia Pacific Mobile SoC Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $218.6 Million by 2030. The Japan market is registering a CAGR of 16.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 18% during (2023 - 2030).
Free Valuable Insights: The Global Mobile SoC Market is Predict to reach $1.9 Billion by 2030, at a CAGR of 17.0%
Based on Operating System, the market is segmented into Android, and iOS. Based on Core Type, the market is segmented into Octa Core, Quad Core, Hexa Core, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Operating System
By Core Type
By Country
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