SAN FRANCISCO† July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Smartphone Power Management IC – Global Market Trajectory & Analytics”† The report presents new perspectives on opportunities and challenges in a significantly transformed post-COVID-19 market.
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Edition: 7; Issued: January 2022
Executive pool: 412
Businesses: 17 – Covered players include Maxim Integrated Products, Inc.; NXP Semiconductors NV; Qualcomm, Inc.; STMicroelectronics NV; Texas Instruments, Inc. and others.
Coverage: All major geographies and key segments
Segments: Application (Android System Smartphone, iOS System Smartphone, Other Applications)
Geographies: World; United States† Canada† Japan† China† Europe †France† Germany† Italy† United Kingdom† and the rest of Europe† Asia-Pacific† Rest of the world.
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Reach Global Smartphone Power Management IC Market $4.9 billion by 2026
Amid the COVID-19 crisis, the global Smartphone Power Management IC market is estimated to be: $3.6 billionis expected to reach a revised size of US$4.9 billion by 2026, growing at a CAGR of 5.1% over the analysis period. Android System Smartphone, one of the segments analyzed in the report, is expected to achieve a CAGR and reach of 5.6% US$3.8 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the economic crisis caused, the growth in the iOS System Smartphone segment is adjusted to a revised CAGR of 4% for the next 7 years.
The US market is estimated at: $1.1 billion in 2021, while China is expected to reach $857.5 million by 2026
The Smartphone Power Management IC market in the US is estimated to be: US$1.1 billion in 2021. Chinathe world’s second largest economy, is expected to have a projected market size of US$857.5 million by the year 2026 at a CAGR of 4.8% over the analysis period. Among the other notable geographic markets are: Japan and Canada, each of which will grow by 4.9% and 4%, respectively, over the analysis period. Inside Europe† Germany is expected to grow at approximately 4.1% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the world’s only influencer-driven market research firm. GIA proudly serves more than 42,000 customers from 36 countries and has been known for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.