The global mobile SoC market is expected to grow at a compound annual growth rate of 25.64% over the forecast period to reach a market size of US$2,073.322 million in 2026 from US$419.538 million in 2019. The market is expected to boom in the future, because of the rising speculations and acceptance of 5G solutions, by a critical number of countries, around the world. China is one of the key players driving the 5G market development.