The Latin America, Middle East and Africa Mobile SoC Market would witness market growth of 18.9% CAGR during the forecast period (2023-2030).
The proliferation of high-quality cameras in mobile devices has prompted innovations in these SoCs to support advanced imaging capabilities. SoCs with dedicated image signal processors (ISPs), computational photography features, and support for multiple camera modules enable users to capture professional-quality photos and videos. These SoCs have evolved beyond traditional image processing capabilities to embrace computational photography. This innovative approach leverages the computational power of SoCs to enhance image quality through advanced algorithms and artificial intelligence (AI).
Moreover, a trend gaining traction is the exploration of modular and upgradable designs in these SoCs. This approach allows users to upgrade specific components of their devices, such as the processor or camera module, extending the device's lifespan and reducing electronic waste. Modular designs align with sustainability goals and cater to consumers seeking longevity in their devices.
There is a growing demand for smartphones equipped with advanced AI capabilities in the UAE. These SoCs are crucial in powering AI-driven features such as facial recognition, voice assistants, and image processing. Consumers in the UAE are increasingly seeking devices that offer intelligent and personalized experiences. The UAE sets a clear vision through its AI Strategy to become the global leader in AI by 2031, according to the paper titled UAE National Strategy for Artificial Intelligence, published by the Government of the UAE. Additionally, Brazil has seen a substantial increase in smartphone penetration, with a growing percentage of the population owning and using these devices. As per the data from the International Trade Administration, Brazil will be among the five largest smartphone sectors in the world by 2025, with around 200 million connections. Hence, the rising smartphone numbers and AI adoption trends in LAMEA will drive the demand for these SoCs in the region.
The Brazil market dominated the LAMEA Mobile SoC Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $37.4 Million by 2030. The Argentina market is showcasing a CAGR of 20.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 18.5% during (2023 - 2030).
Free Valuable Insights: The Worldwide Mobile SoC Market is Projected to reach USD 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Operating System
By Core Type
By Country
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