Smartphone Apps Processor Market Share Model Q1 2024: Mobile AI Drives Silicon and ASP Growth

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The global smartphone applications processor (AP) market gained 9 percent year-on-year in unit growth during Q1 2024 with corresponding revenue increase of 8 percent. Smartphone market has shown renewed strength in the fourth quarter as OEMs and chipmakers looks toward growth after the 2022-2023 industry correction. 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 Q1 2024 with preliminary forecast up to Q4 2024.

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