Tablet AP Market Shows Signs of Growth
BOSTON–(BUSINESS WIRE)–The global tablet apps processor market grew 2 percent in revenue terms to $449 million in Q1 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report, Tablet Apps Processor Market Share Tracker Q1 2020: Revenue up 2 Percent.”
Strategy Analytics estimates that Apple, Intel, Qualcomm, MediaTek and Samsung LSI captured the top-five tablet applications processor (AP) revenue share slots in Q1 2020. Apple dominated the tablet AP market with 46 percent revenue share in Q1 2020, followed by Intel with 17 percent and Qualcomm with 16 percent.
Sravan Kundojjala, Associate Director, commented, “Strategy Analytics estimates that except for MediaTek and Samsung LSI all other tablet AP vendors saw their shipments decline year-on-year in Q1 2020. Tablet AP average selling prices (ASP), however, improved year-on-year for the seventh consecutive quarter in Q1 2020. We expect tablet AP ASPs to hold up well in the near-term.”
Stuart Robinson, Executive Director of the Strategy Analytics Handset Component Technologies service, added, “Strategy Analytics believes that the tablet market is seeing renewed interest, driven by COVID-led remote working and learning trends. We believe that the tablet AP market has the potential to return to growth in shipment terms after a long time in Q2 2020. We expect all major tablet AP vendors to benefit from this near-term trend.”
Source: Strategy Analytics, Inc.
About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.
For more information about Strategy Analytics
Service Name: Handset Component Technologies