Qualcomm, HiSilicon, Apple, Samsung and MediaTek are the top five vendors in terms of application processor (AP) revenue share, according to Strategy Analytics.
Despite the impact of the COVID-19 pandemic, the global smartphone application processor market revenue in the first quarter grew 6% to $4.7 billion.
Qualcomm continues its leadership in the smartphone AP market with a 40 percent revenue share, followed by HiSilicon's 20 percent and Apple's 15 percent.
Strategy Analytics says Qualcomm Snapdragon 865 and Snapdragon 765/G pioneered in 5G phones It's off to a good start in the middle and is appearing in a large number of flagship phones.
Strategy Analytics predicts that in the first quarter of 2020, 5G processors accounted for more than 20% of Qualcomm's total AP shipments.
Despite the decline in COVID-19 affected smartphone shipments, driven by higher average selling prices for 5G APs , the smartphone AP market still has significant growth in terms of revenue.
Strategy Analytics believes that almost all major AP vendors have now shifted their focus to the 5G on and that 5G smartphone APs will drive revenue growth in the second half of 2020.