As the smart phone market continues to mature, suppliers are seeing lengthening replacement rates and a slowdown in demand from regions that were driving this application market such as China, India, and other parts of Southeast Asia. The smart phone semiconductor market in 2016 is expected to be $64 billion which is a 5 percent decrease in revenue from last year. Moving ahead, however, this market should return to positive growth in 2017. This tracker provides forecasts for smart phones and tablets. Semiconductor revenue and shipments are presented for both applications by product type and by region. Market Share is also provided.
Application processor shipments for the smart phone market have slowed somewhat and are not expected pick up until the end of the year. This is driving growth for the overall smart phone semiconductor market down for 2016. Next year, however, as the replacement cycle kicks into gear, the market is expected to recover with an estimated $30 billion in application processor revenue worldwide and total semiconductor revenue from this single application market reaching $78 billion. This tracker provides forecasts for application processors and all other semiconductors used in the smart phone application market. The tracker also covers the tablet application market. Forecasts are provided by region and product. Market share is provided for the semiconductor suppliers as well as the OEMs such as Apple, Samsung, and Huawei. Semiconductor spending is also estimated for these manufacturers.
The smart phone market is expected to surpass the overall semiconductor market this year with a predicted growth rate of 13 percent versus the rest of the market growing at 4 percent. The tablet market is expected to continue to slow with 5 percent growth for 2015 and long term growth predicted at 6 percent. This tracker provides forecasts for semiconductors used in these two high volume applications which constitute the majority of connected devices or Internet of Things (IoT) in terms of shipments. Forecasts are provided by region and by product type. Estimated spending on semiconductors is provided for the top producers of the end equipment and market share is provided for these OEMs as well as the semiconductor suppliers for these two application markets.
Apple iPad shipments have dropped significantly this year. The fourth quarter is the largest shipment quarter of the year and expected to be lower than the fourth quarter in 2014 where shipments were around 21 million units compared to 26 million units in 2013. Conversely, the smart phone market is performing much better with both Apple and Samsung expected to ship close to 600 million units this year providing strong demand for wireless, power management and application processors. This tracker provides market share and forecasts for semiconductors used in these high volume applications. Forecasts are provided for annual revenue and unit shipments as well as by quarter. Market share is provided for the semiconductor suppliers as well as the OEMs.