Mobile SoC Market Report 2024 (Global Edition)

Global Mobile SoC Market Report 2024 Market Size Split by Operating System (Android, iOS), by Core Type (Quad Core, Octa Core, Hexa Core, Others)

Mobile SoC Market Report Description

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Mobile SoC Market Insights Video

Competitive Landscape of the Mobile SoC Market

The competitive landscape of the Mobile SoC industry is distinguished by its variety of participants. Competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Mobile SoC companies, and emerging start-ups with the goal of upending the market with creative ideas.

January 2022: Qualcomm Technologies, Inc., the leading wireless technology innovator, unveiled the Open and Scalable Snapdragon Ride Vision System for Automated Driving. This system-on-a-chip (SoC) is based on a four-nanometer (4nm) process technology and is optimized for the use of front and surround cameras for Advanced driver assistance systems and automated driving. (Source:https://www.qualcomm.com/news/releases/2022/01/qualcomm-introduces-snapdragon-ride-vision-system-open-and-scalable) January 2021: MediaTek revealed the new Dimensity 1200 and Dimensity 1100 5G smartphone chipsets, which offer superior multimedia, AI, and photography capabilities for exceptional 5G experiences. With the addition of MediaTek's 6nm Dimensity 1200 and 1100 chipsets to its 5G portfolio, device manufacturers now have an increasing range of options to develop extremely powerful 5G smartphones with cutting-edge connectivity, graphics, and camera functions. (Source:https://corp.mediatek.com/news-events/press-releases/mediatek-launches-6nm-dimensity-1200-flagship-5g-soc-with-unrivaled-ai-and-multimedia-for-powerful-5g-experiences) December 2021: A number of the largest smartphone manufacturers in the world, including OPPO, Vivo, Xiaomi, and Honor, have endorsed and adopted MediaTek's Dimensity 9000 5G smartphone system. This system is focused on chip design for next-generation flagship smartphones. In the first quarter of 2022, the first flagship smartphones with a Dimensity 9000 processor were released. (Source:https://corp.mediatek.com/news-events/press-releases/mediatek-officially-launches-dimensity-9000-flagship-chip-and-announces-adoption-by-global-device-makers#:~:text=HSINCHU%2C%20Taiwan%20%E2%80%93%20December%2016%2C,%2C%20vivo%2C%20Xiaomi%20and%20Honor.)

Top Companies Market Share in Mobile SoC Industry: (In no particular order of Rank)

• NXP Semiconductors
• Unisoc (Shanghai) Technologies Co.
• Ltd.
• Advanced Micro Devices
• Inc.
• HiSilicon (Huawei Technologies)
• Intel Corporation
• MediaTek Inc.
• Apple Inc.
• Qualcomm Technologies
• Inc.
• NVIDIA Corporation
• Samsung
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Mobile SoC Market

Which Region Dominates the Mobile SoC Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America's robust technological infrastructure and high rates of adoption of cutting-edge mobile devices position the region to lead the growth of the mobile SoC market. The strong 5G rollout in the area is driving up demand for SoCs with built-in 5G capabilities. Furthermore, a competitive market environment and large R&D expenditures drive innovation in mobile SoCs. Growth is further aided by the existence of significant IT businesses and substantial consumer spending on high-end cell phones. North America's leadership in digital services and technology improvements will continue to fuel the growth of the mobile SoC market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Mobile SoC market. Because of its substantial and quickly growing smartphone user base, Asia Pacific is expected to propel the expansion of the mobile SoC industry. Advanced SoCs with integrated 5G capabilities are in higher demand due to the region's substantial investments in 5G infrastructure. The expanding mobile gaming market and the rising uptake of AI and IoT devices in nations like China, India, and South Korea further increase SoC demand. Market expansion is further aided by semiconductor companies' strong presence and competitive production capabilities. Mobile SoC market expansion will be significantly influenced by the Asia Pacific region's continued economic and technical advancements.

The current report Scope analyzes Mobile SoC Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Mobile SoC Market

According to Cognitive Market Research, the global Mobile SoC market size was estimated at USD 716.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 286.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Mobile SoC market with a market size of USD 226.16 million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. High smartphone ownership rates and early acceptance of new models drive demand for sophisticated SoCs.
• The Canadian Mobile SoC market had a market share of USD 34.40 million in 2024 and is projected to grow at a CAGR of 17.0% during the forecast period. Canada places a high priority on research and education, which results in a workforce with the skills to propel innovation in the semiconductor sector.
• The Mexico Mobile SoC market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 26.08 million in 2024.

Europe Mobile SoC Market

According to Cognitive Market Research, the global Mobile SoC market size was estimated at USD 716.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 214.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.

• The United Kingdom Mobile SoC market had a market share of USD 36.12 million in 2024 and is projected to grow at a CAGR of 17.3% during the forecast period. Because British customers are renowned for embracing technology innovations early, there is a desire for mobile devices with excellent performance.
• The France Mobile SoC market is projected to witness growth at a CAGR of 15.7% during the forecast period, with a market size of USD 19.78 million in 2024.
• According to Cognitive Market Research, the German Mobile SoC market size was valued at USD 42.57 million in 2024 and is projected to grow at a CAGR of 16.7% during the forecast period. The need for SoC is mostly driven by Germany's well-known automotive industry, particularly for electric cars and advanced driver assistance systems (ADAS).
• The Italy Mobile SoC market is projected to witness growth at a CAGR of 15.9% during the forecast period, with a market size of USD 18.49 million in 2024.
• The Russian Mobile SoC market is projected to witness growth at a CAGR of 15.5%during the forecast period, with a market size of USD 33.32 million in 2024.
• The Spain Mobile SoC market is projected to witness growth at a CAGR of 15.6% during the forecast period with a market size of USD 17.63 million in 2024
• The Luxembourg Mobile SoC market is projected to witness growth at a CAGR of 16.6% during the forecast period, with a market size of USD 6.66 million in 2024.
• The Portugal Mobile SoC market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 4.51 million in 2024.
• The Greece Mobile SoC market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 2.58 million in 2024.
• Rest of Europe's Mobile SoC market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 33.32 million in 2024.

Asia Pacific Mobile SoC Market

According to Cognitive Market Research, the global Mobile SoC market size was estimated at USD 716.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 164.82 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Mobile SoC market size was valued at USD 74.17 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period. The semiconductor industry has been given priority by the Chinese government, which is providing significant subsidies and growth-promoting incentives.
• The Japan Mobile SoC market is projected to witness growth at a CAGR of 18.5% during the forecast period, with a market size of USD 22.74 million in 2024.
• The India Mobile SoC market had a market share of USD 19.78 million in 2024 and is projected to grow at a CAGR of 21.8% during the forecast period. The growth of digital payments is driving the demand for quick and safe SoCs.
• The South Korean Mobile SoC market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 16.48 million in 2024.
• The Australian Mobile SoC market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 8.57 million in 2024.
• The Southeast Asia Mobile SoC market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 11.37 million in 2024.
• The Rest of Asia Pacific Mobile SoC market is projected to witness growth at a CAGR of 19.8% during the forecast period, with a market size of USD 11.70 million in 2024.

South America Mobile SoC Market

According to Cognitive Market Research, the global Mobile SoC market size was estimated at USD 716.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 35.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Mobile SoC market size was valued at USD 15.34 million in 2024 and is projected to grow at a CAGR of 18.0% during the forecast period. The rising consumption of music and video content is driving the need for SoCs with sophisticated multimedia capabilities.
• Argentina's Mobile SoC market had a market share of USD 6.02 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. Low-power and specialized SoCs are finding potential as the Internet of Things devices become more widely used.
• Colombia Mobile SoC market is projected to witness growth at a CAGR of 17.2% during the forecast period, with a market size of USD 3.19 million in 2024.
• Peru Mobile SoC market is projected to witness growth at a CAGR of 17.6% during the forecast period, with a market size of USD 2.94 million in 2024.
• Chile's Mobile SoC market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD 2.58 million in 2024.
• The Rest of Latin America's Mobile SoC market is projected to witness growth at a CAGR of 16.5% during the forecast period, with a market size of USD 5.77 million in 2024.

Middle East and Africa Mobile SoC Market

According to Cognitive Market Research, the global Mobile SoC market size was estimated at USD 716.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 14.33 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031..

• The GCC Countries Mobile SoC market is projected to witness growth at a CAGR of 18.5% during the forecast period, with a market size of USD 6.13 million in 2024. The growing e-commerce industry is driving the need for smartphones and tablets for online shopping and digital payments.
• The Egypt Mobile SoC market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 1.50 million in 2024.
• The South African Mobile SoC market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 2.26 million in 2024. Consumers are able to buy more sophisticated smartphones as a result of the middle class's rise in purchasing power.
• The Turkey Mobile SoC market is projected to witness growth at a CAGR of 17.2% during the forecast period, with a market size of USD 1.23 million in 2024.
• The Nigeria Mobile SoC market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 1.50 million in 2024.
• The Rest of the MEA Mobile SoC market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 1.69 million in 2024.

Mobile SoC Market Analysis

Mobile SoC Market Operating System Segment Analysis

According to Cognitive Market Research, android stands out as the dominant category over the projected period. The Android operating system is in significant demand in the mobile SoC industry because of its dominance in the smartphone and tablet markets. The widespread use of Android across price points necessitates the development of adaptable SoCs that offer excellent performance, low power consumption, and cutting-edge capabilities. The growing number of Android smartphones incorporating advanced innovations like 5G and (AI), as well as high-resolution displays, is driving up demand for powerful SoCs. SoC makers are driven to innovate and compete to satisfy the many needs of Android-based smartphones.

iOS emerges as the fastest-growing category in the Mobile SoC market. Because iOS is only available on Apple devices, the mobile SoC industry is heavily impacted by the operating system. For superior performance, efficiency, and iOS feature integration, Apple's iPhones and iPads are powered by specially crafted SoCs, such as the A-series CPUs. Due to Apple's emphasis on innovation, including increased visuals, seamless networking, and better AI capabilities, iOS devices require more sophisticated SoCs. In order to provide the superior user experience that iOS users are accustomed to, this need guarantees ongoing SoC development and improvement.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Mobile SoC Industry. Request a Free Sample PDF!

Mobile SoC Market Core Type Segment Analysis

According to Cognitive Market Research, the dominant category is quad core. Quad-core processors are in high demand in the mobile SoC industry because of their ability to balance efficiency and performance. Quad-core SoCs are appropriate for mid-range and premium smartphones since they provide better battery management and higher multitasking capabilities. They prolong battery life and allow seamless performance for a range of apps, including multimedia and gaming. The market for mobile chipsets is seeing innovation and competitive options due to the growing demand for quad-core SoCs as consumers seek devices that combine both efficiency and power.

The fastest-growing category in the Mobile SoC market is octa-core. Because of their increased performance and efficiency, octa-core processors are in high demand in the mobile SoC industry. Because they include eight processing cores, octa-core SoCs are perfect for high-end smartphones and gaming devices because they boost graphics performance, speed up processing, and facilitate better multitasking. They maintain extended battery life by balancing power consumption and supporting cutting-edge applications like AI and AR. The growing desire for seamless experiences and great performance by users has led to a surge in popularity for octa-core SoCs, which in turn has fueled rivalry and innovation within the mobile chipset sector.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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