Smartphone Market Analysis Competitive Strategies, Regional Analysis Forecast 20Posted by rohit on February 11th, 2020 A smartphone is a class of mobile phones that are distinguished from feature phones by the stronger hardware and software capabilities and broad mobile operating systems. A wide range of features are available on smartphone such as multimedia functionality including music, video, gaming, and camera, voice and video calls, internet including web browsing, and wide software functionalities. There are different operating systems used in a smartphone namely iOS (Apple), Android (Google), Windows (Microsoft), Blackberry Operating System, and others. Growth of social media platform such as Facebook and Twitter has increased the usage of smartphone. The global smartphone market is estimated to account for US$ 8, 15,356.1 Mn in terms of value and 1,794.7 Mn Units in terms of volume by the end of 2019 Request SampleCopy of this Report @https://www.coherentmarketinsights.com/insight/requestsample/3455 Market Dynamics- Drivers Increasing disposable income worldwide is expected to drive growth of the global smartphone market during the forecast period Disposable income of consumers around the globe has increased, which in turn, has increased the possibility of consumers spending on media, entertainment, mobile communication devices, and networking. Purchase of electronic devices such as smartphones, laptops, tablets, and gaming consoles has witnessed significant increase in the recent past. According to an independent survey carried in early 2016 among electronic devices vendors, demand for smartphones has increased substantially owing to increasing disposable income of consumers, especially in emerging economies. Hence, increasing disposable income globally is expected to boost the global smartphone market growth during the forecast period. Detailed Segmentation:
Request For Customization @ https://www.coherentmarketinsights.com/insight/request-customization/3455 Competitive Section Key players operating in the global smartphone market are Samsung Electronics Co., Ltd., Vivo Communication Technology Co. Ltd, Apple Inc., Lenovo Group Limited, ZTE Corporation, Huawei Technologies Co., Ltd., TCL Communication Technology Holdings Limited, and LG Electronics Inc. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Like it? Share it! More by this author |