For the fifth consecutive quarter, the tablet applications processor (AP) market posted shipment and revenue growth, finds Strategy Analytics. The tablet AP market grew 33 percent to $761 million in Q1 2021 with Apple taking 59% market share as presented in the chart below.
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Sravan Kundojjala, author of the report and Associate Director of Handset Component Technologies service at Strategy Analytics, commented: "Strategy Analytics estimates that Apple increased its tablet AP revenue share to 59 percent in Q1 2021 – the company's highest share in the past nine years.
Apple's tablet AP revenue grew 60 percent year-on-year in Q1 2021, driven by new 5 nm-based A14 Bionic and Apple Silicon M1. The pandemic-driven demand also helped."
For more on this, read the full Strategy Analytics report