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Tablet and E-Reader Application Processor Market Insights and In-Depth Analysis 2021-2030 with Types, Produscts and Key Players

In a recent published report, Kenneth Research has updated the market report for Tablet and E-Reader Application Processor Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Tablet and E-Reader Application Processor Market products.

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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The tablet and e-reader application processor is used in the various consumer electronics product which includes tablets and smartphones in order to run the operating system. These software are mainly used for the coding and decoding of the multimedia and it also includes the graphic processing of the media. The application software is primarily responsible for the processing occurring in the mobile applications.

Market Size and Forecast

Currently the global tablet and e-reader application software market is observing vibrant growth on the account of booming consumer electronics industry worldwide coupled with the increasing per capita income of the population. This increases the spending on the electronics items and is anticipated to boost the growth of the overall market during the forecast period.

“In 2017, Qualcomm and Microsoft announce the plans to launch the integration of the Snapdragon and Windows 10 in the laptops.

Tablet and e-reader application processor market is anticipated to record a CAGR of 5% over the forecast period. The tablet and e-reader application processor market is expected to showcase a vibrant growth by the end of the forecast period. The market is segmented on the basis of size, number of cores and application. On the basis of size, it is sub-segmented into 32 bit application processor and 64 bit application processor. On the basis of number of cores, it is sub-segmented into single core and multi core. Multi-core is the major sub-segment of the core segment during the forecast period. On the basis of application, it is sub-segmented into tablets , e-reader and smart phones. Smart phone sub-segment is anticipated to be the leading sub-segment during the forecast period.

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Growth Drivers

Rising Demand of Smartphones

The increasing demand for the electronics items which includes smartphones on the account of the rising disposable income of the population is anticipated to be the major reason driving the growth of the tablet and e-reader application processor market. For instance, according to U.S. Census Bureau the median household income of the population of the U.S in 2017 is USD 61,372.This is an increase of the 1.73% from 2016.

Widespread Technological Advancement

The increasing technological development in the application software is anticipated to be the major reason for the growth of the overall tablet and e-reader application processor market during the forecast period. For instance, in December 2018, Qualcomm has developed the Snapdragon 855 mobile system on a chip (SOC) which enhances the operating system.

Key Players

Qualcomm Inc.

Apple Inc.

Intel Technology Pvt. Ltd

MediaTek Inc.

Samsung Electronics Co., Ltd.

Fuzhou Rockchip Electronics Co., Ltd.

Texas Instruments Inc.

Others

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Market Segmentation

Our-in depth analysis of the global tablet and e-reader application processor market includes the following segments:

By Size:

32 bit application processor
64 bit application processor

By Number of Cores:

Single core
multi core
dual core
tri core
quad-core
hexa-core
octa-core

By Application:

Tablets
E-reader
Smart phones
By Region

On the basis of regional analysis, global tablet and e-reader application processor market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia-Pacific is anticipated to hold the largest market share for the global tablet and e-reader application processor market during the forecast period. The increasing adoption of the application software in the consumer electronics is anticipated to support the market growth of the overall tablet and e-reader application processor market during the forecast period. North America is anticipated to be the second largest region for the overall market. The highly developed IT industry in the region leads to the increase in the demand for the various electronics gadgets. Additionally, high disposable income of the population in the region is also major reason for the growth of the tablet and e-reader application processor market in the region during the forecast period.

Global tablet and e-reader application processor market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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James Bullock is a Research Expert with a demonstrated history of working in the professional training & coaching industry. Strong professional skilled in business strategy , Strategic Planning, Research Strategy, and Marketing. also have interest in new innovations and technology

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