The global SoC market for Smartphone saw a 19% growth annually crossing the $8 billion mark in terms of revenue in Q3 of 2017. The data comes in courtesy of Compact Tracker Q3 2017 report by Counterpoint Research.
The No.1 player in the SoC market is still Qualcomm with 42% market share. The mid and affordable tier Snapdragon 600 and 400 series SoC makes much of the shipment. The top tier SoC models have been facing more competition from top manufacturers like Apple, Huawei, and Samsung who choose to use their in-house built chipsets in their premium device offerings.
Following Qualcomm is Apple with their A-series of SoC which makes up 20% of the market share. Apple went down from 21% in Q3 2016 to 20% in Q3 2017 whereas Qualcomm gained to 42% in Q3 2017 from 41% in Q3 2016.
Qualcomm and Apple are gaining tough competition from Samsung’s Exynos and Huawei’s HiSilicon SoC’s which both manufacturers are extensively pushing on their best selling Smartphone series. Samsung and Huawei have a market share of 11% and 8% respectively in Q3 2017 compared to 8% and 6% respectively in Q3 2016.
MediaTek still fares above offerings from Samsung and Huawei but is constantly losing the market. The manufacturers who earlier preferred MediaTek for their cheaper offerings are either forcing their own SoC or turning towards Qualcomm. MediaTek has a market share of 14% in Q3 2017 compared to 18% in Q3 2016.
Spreadtrum is another SoC manufacturer who hasn’t made any significant market presence in 2017 but is eating up MediaTek’s chunk of the affordable Smartphone market by developing low-cost 4G LTE solutions of its own.
The tough competition in today’s SoC market has also led many other manufacturers like Broadcom and Marvell to exit the competition altogether.