BOSTON, July 15, 2014 /PRNewswire/ -- The global smartphone applications processor market registered an impressive 25 percent year-over-year growth to reach $4.7 billion in Q1 2014, according to Strategy Analytics Handset Component Technologies (HCT) service report, "Smartphone Apps Processor Market Share Q1 2014: Qualcomm, Apple and MediaTek Capture Over 80 Percent Revenue Share."
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Based on Strategy Analytics estimates, Qualcomm, Apple, MediaTek, Samsung and Spreadtrum grabbed the top-five smartphone applications processor spots in Q1 2014. Qualcomm continued its strong smartphone applications processor market lead with 53 percent revenue share, followed by Apple with 16 percent revenue share and MediaTek with 13 percent revenue share.
According to Sravan Kundojjala, Senior Analyst, "During Q1 2014, HiSilicon, Intel, MediaTek and NVIDIA registered triple-digit year-over-year shipment growth while Apple, Marvell, Qualcomm and Spreadtrum registered double-digit unit shipment growth. Strategy Analytics believes that the expanding smartphone market continues to provide opportunities for multiple applications processor vendors."
Stuart Robinson, Director of the Strategy Analytics Handset Component Technologies service explains, "Qualcomm maintained its huge lead in the smartphone applications processor market with 53 percent revenue share in Q1 2014. Qualcomm yet again scored multiple flagship Android smartphone design-wins with its latest Snapdragon 801 processor. Strategy Analytics believes that Qualcomm's investments in CPU, GPU, DSP, RF, location, and connectivity technologies are paying off and are providing differentiation to its chips in the crowded applications processor market."
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SOURCE Strategy Analytics