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Qualcomm leads global smartphone chipset market with 44% market share in Q1 2022, baseband revenue grew 23%: report


According to Counterpoint Research, global revenues for AP (Application Processor)/SoC (System on Chip) chipsets and smartphone baseband grew 23% year-over-year in the first quarter of 2022, with Qualcomm leading the market. Qualcomm holds a 44% share while Apple holds a 26% share of the total global smartphone SoC and baseband revenue, taking the second position. MediaTek, Samsung Exynos and Unisoc occupy the third, fourth and fifth positions respectively. The research also mentioned that 5G SoC and baseband revenue increased by 36% compared to the same period a year ago.

According to the latest research from Counterpoint’s Foundry and AP/SoC service, global AP (application processor)/SoC (system-on-chip) chipset and baseband revenues grew 23% year-on-year in the first quarter 2022, thanks to the global premium and mid-range 5G portfolio. As mentioned earlier, Qualcomm led the market with 44% market share and 56% year-on-year revenue growth in the first quarter of 2022. It was followed by Apple with a 26% share. Discrete baseband sales contributed up to a quarter of Qualcomm’s smartphone AP/SoC and baseband revenue this time around, according to the report.

MediaTek with a 19% share came third, while Samsung Exynos and Unisoc came in fourth and fifth with 7% and 3% market share respectively.

Photo credit: Counterpoint

The research also indicated that Samsung’s shipment volume increased in the first quarter of 2022 due to the launch of Exynos 1280. However, despite some positive indicators, Samsung Exynos’ share decreased in the first quarter of 2022 due to the loss share in favor of Qualcomm in the flagship smartphones of the Samsung Galaxy S22 series.

The Counterpoint study found that a greater portion of Unisoc’s revenue comes from its 4G access points/SoCs, which have grown significantly over the past few years.

Speaking on the occasion, Dale Gai, Director of Research at Counterpoint, said, “Qualcomm leads in smartphone AP/SoC and baseband revenue with 44% share. Premium income grew 56% year-over-year in the first quarter of 2022, driven by increased premium mix that drove ASP growth. Qualcomm also provides discrete baseband deliveries to Apple and Qualcomm’s own access point, which contributes about a quarter of Qualcomm’s smartphone access point/SoC and baseband revenue.

Meanwhile, commenting on MediaTek’s performance growth, Parv Sharma, Principal Analyst at Counterpoint, said, “MediaTek’s revenue grew 29% year-over-year in Q1 2022, reaching a 19% share of global AP/SoC revenues and baseband. MediaTek led volume shipments for mid-range 5G smartphones and 4G smartphones. 5G penetration continues to grow, helping to drive higher revenue for MediaTek. It also entered the premium 5G segment for the first time with its Dimensity 9000, and this chip, paired with the Dimensity 8000, gave a further boost to its overall revenue.


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