Valued to be $4.9 Billion by 2026, Smartphone Power Management IC Slated for Robust Growth Worldwide

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Jul 04, 2022, 09:55 ET

SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smartphone Power Management IC - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

Valued to be $4.9 Billion by 2026, Smartphone Power Management IC Slated for Robust Growth Worldwide

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Complimentary updates for one year

Edition: 7; Released: January 2022
Executive Pool: 412
Companies: 17 - Players covered 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 Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Smartphone Power Management IC Market to Reach $4.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Smartphone Power Management IC estimated at US$3.6 Billion, is projected 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 projected to record a 5.6% CAGR and reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the iOS System Smartphone segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $857.5 Million by 2026
The Smartphone Power Management IC market in the U.S. is estimated at US$1.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$857.5 Million by the year 2026 trailing a CAGR of 4.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.