The global smartphone integrated circuit market is expected to witness tremendous growth owing to growing demand for smartphone and tablets worldwide. Intense competition among mobile phone manufacturer may further lead to surge in demand. These are used in mobile phone for enabling functions of oscillators, amplifiers, time-counter computer memory, and microprocessors, etc. Rapid developments in the mobile phone design and technology is anticipated to favor industry growth. Technological advancements in service infrastructure such as 4G and LTE are expected to contribute its growth. Developments in Near Field Communication (NFC) leading to production of dynamic solutions for mobile couponing, mobile ticketing, and access control may drive revenue growth.
http://www.grandviewresearch.com/industry-analysis/global-smartphone-integrated-circuit-market
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