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The worldwide smartphone processor market is projected to grow steadily. Companies are resuming operations and adapting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges.
The sales of smartphone processors by companies (organisations, sole traders, and partnerships) engaged in smartphone processor manufacturing make up the smartphone processor market.
Dual-core, quad-core, Hexa-core, octa-core, and other types of smartphone processors are the most common. A CPU with two processors on the same integrated circuit is known as a dual-core processor. Each CPU has its own controller and cache, allowing it to run at the same speed as a single processor. For gaming, picture and video editing, and camera apps, these smartphone CPUs are utilised in Android, iOS, and other operating systems.
The Global Smartphone Processor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Qualcomm has launched the Snapdragon 8+ Gen 1 as an updated version of their flagship processor. Following the announcement, smartphone manufacturers have begun to confirm which of their forthcoming smartphones would have the new processor.
In comparison to the previous generation, the new system on a chip (SoC) provides up to 10% quicker speeds and 30% lower power consumption. It also has the newest Snapdragon Sight technology, including the ability to capture 8K HDR video.
The Snapdragon X65 Modem-RF System and the 7th Gen Qualcomm AI Engine are also included in the chipset, which supports 5G. According to the manufacturer, it also supports CD Lossless audio quality, as well as ultra-low latency for lag-free gameplay and reliable networking.