Mobile Phone Semiconductor Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Mobile Phone Semiconductor Market grew at a CAGR of 7.49% during the forecast period. The increasing adoption of smart technologies in mobile phones and the rapid introduction of next-generation mobile-communications standards, like LTE or 5G, are some of the major factors driving the adoption of semiconductor components in mobile phones.
Key HighlightsThe Mobile Phone Semiconductor Market is a highly fragmented market, dominated by several major players. Various acquisitions and collaborations of large companies have taken place and are expected to take place shortly, which focus on innovation. Some of the key players in the market are Samsung Electronics and Qualcomm Technologies, Inc. These companies are leveraging strategic collaborative initiatives to increase their market share and increase their profitability.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook