Smartphone Apps Processor Revenue Reached $5.2 Billion in Q2 2014 says Strategy Analytics
- Qualcomm Widens Lead with Multi-tier Snapdragon Portfolio and Captures a Record 58 Percent Revenue Share
BOSTON, Sept. 29, 2014 /PRNewswire/ -- The global smartphone applications processor (AP) market grew 22 percent year-on-year growth to reach $5.2 billion in Q2 2014, according to Strategy Analytics Handset Component Technologies (HCS) service report, "Smartphone Apps Processor Market Share Q2 2014: Qualcomm Captures 58 Percent Revenue Share."
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Based on Strategy Analytics estimates, Qualcomm, Apple, MediaTek, Spreadtrum and Samsung captured the top-five smartphone AP spots in Q2 2014. Qualcomm topped the smartphone AP market with 58 percent revenue share, followed by Apple with 14 percent revenue share and MediaTek with 13 percent revenue share.
According to Sravan Kundojjala, Senior Analyst, "Qualcomm continues to widen the lead and captured a record 58 percent revenue share in the smartphone AP market in Q2 2014, thanks to its strong momentum in LTE smartphones. Strategy Analytics believes that the multi price-tier Snapdragon processor portfolio continues to serve Qualcomm well."
Stuart Robinson, Director of the Strategy Analytics Handset Component Technologies service details, "Strategy Analytics estimates that stand-alone AP unit share dropped to 21 percent in Q2 2014 compared to 28 percent in Q2 2013 and this can be attributed to increased shipments of low-to-mid range smartphones, which often feature baseband-integrated APs. Stand-alone AP vendors HiSilicon and Samsung are also now shipping baseband-integrated APs in volume to address mid-range smartphones."
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: Stuart Robinson, +44(0) 1908 423 637, srobinson@strategyanalytics.com
US Contact: Christopher Taylor, +1 617 614 0706, ctaylor@strategyanalytics.com
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