NEW YORK, April 21, 2022 /PRNewswire/ — The smartphone envelope tracker IC market size is expected to grow by USD 676.99 mn from 2021 to 2026. The report projects that the market will progress at a CAGR of 11.34% during the forecast period.
Make confident decisions using the insights and analysis provided by Technavio. Request a Sample Report Now
Smartphone Envelope Tracker IC Market: Driver
The growing adoption of premium range smartphones is driving the growth of the smartphone envelope tracker IC market. The growth is attributed to the integration of advanced characteristics in smartphones, such as 20-megapixel cameras, eight-core chips in a processor, full high-definition displays, rapid charging technologies, and many such technologies. The growing need for features such as screen size is increasing the amount of stress on the battery life of smartphones. Envelope tracker ICs help in extending the battery life of smartphones. For instance, in March 2021, One plus launched its new phone called One plus 9pro, with Qualcomm SM8350 Snapdragon 888 5G chipset and a display size of 6.7 inches. Thus, the growing demand in the high-end smartphone market is contributing to the growth of the market under focus.
Do you want to know about other drivers impacting the growth of the market? Request a Sample Report Now
Smartphone Envelope Tracker IC Market: Challenge
The increasing complexity of ICS design is challenging the smartphone envelope tracker IC market growth. The main reason for the increased complexity in the design of power management ICs is the growing demand from end-users for more functionality in electronics products. Constant upgrades in different technologies have resulted in the demand for better-suited internal components. This will result in a need for better and highly efficient power management ICs. Constant upgrades in different technologies have led to a demand for highly suited internal components. This will result in the need for better and highly efficient power management ICs. However, the design complexity of ICs will further increase, as envelope trackers need to be designed to support higher voltages. The short lifespan of the latest technologies is generally low. Hence, dedicating resources in terms of resource utilization is expensive. Precision in terms of the right amount of performance, power, and price requires vendors to have dedicated resources, which is a major investment. Therefore, these factors will limit the growth of the market under focus during the forecast period.
Get lifetime access to our Technavio Insights! Subscribe to our “Basic Plan” billed annually at USD 5000
Smartphone Envelope Tracker IC Market: Segmentation Analysis
This report segments the smartphone envelope tracker IC market by geography (APAC, North America, Europe, South America, and the Middle East and Africa) and price range (premium range, medium range, and low range).
APAC led the smartphone envelope tracker IC market in 2022, followed by North America, Europe, South America, and the Middle East and Africa, respectively. During the forecast period, APAC is expected to register the highest incremental growth due to factors such as the increasing interest of consumers in the adoption of LTE.
Learn about the contribution of each segment of the market. Request a Sample Report
Related Reports
Power Amplifier Market by Application, Technology, and Geography – Forecast and Analysis 2022-2026
RF Amplifier Market by Type and Geography – Forecast and Analysis 2022-2026
|
Smartphone Envelope Tracker IC Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 11.34% |
|
Market growth 2022-2026 |
USD 676.99 million |
|
Market structure |
Concentrated |
|
YoY growth (%) |
10.43 |
|
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 74% |
|
Key consumer countries |
US, China, India, Japan, and South Korea |
|
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
|
Key companies profiled |
Analog Devices Inc., Efficient Power Conversion Corp., Qualcomm Inc., R2 Semiconductor Inc., Samsung Electronics Co. Ltd., Texas Instruments Inc., and Qorvo Inc. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Price Range
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/smartphone-envelope-tracker-ic-market-size-to-grow-by-usd-676-99-million–growing-adoption-of-premium-range-smartphones-to-boost-growth–technavio-301529115.html
SOURCE Technavio
Read More:Smartphone Envelope Tracker IC Market Size to Grow by USD 676.99 million | Growing Adoption of Premium Range Smartphones
2022-04-21 13:50:00
