The article cited AMA's Global Application Processor Market Study explored significant growth with CAGR of 5.63%. According to the report, High Adoption of Octa-Core Application Processors is one of the primary growth factors for the market. High Demand in Consumer Electronics Especially In Wearable Device is also expected to contribute significantly to the Application Processor market. Overall, Smartphones applications of Application Processor, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Application Processor Market identified that the demand is rising in many different parts of the world due to "Growing Implementation of Artificial Intelligence in Mobile Devices ". Furthermore, some recent industry insights like "On 25th February 2019, Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated has launched the Qualcomm® Snapdragon™ Mobile Platform with 5G integrated into a System-on-Chip (SoC). ). The Company builds on its 5G leadership with the Snapdragon X50 and X55 5G modems and RF front-end (RFFE) solutions by offering a newly integrated Snapdragon 5G mobile platform, which reinforces the Company’s role in providing the global mobile ecosystem with the flexibility and scalability needed for broad and fast 5G adoption." is constantly making the industry dynamic. One of the challenges that industry facing is "Intense Competition"

The Industry Verticals, such as Consumer Electronics, is boosting the Application Processor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Device Type, such as Mobile Phones, is boosting the Application Processor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Core Type, such as Single-Core, is boosting the Application Processor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Application Processor market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Application Processor market and other related sub-markets covered in the study.

o Key & emerging players in the Application Processor market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Application Processor market size is calculated using market estimation process, the Application Processor market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Application Processor market size has been validated using both top-down and bottom-up approaches.