The latest report on the smartphones market provides a detailed assessment of the business vertical in question, along with a brief overview of the industry segments. An exceptionally feasible estimate of the current industry scenario has been provided in the study, and the Smartphone market size with respect to revenue and volume has also been mentioned. In general, the research report is a collection of key data with respect to the competitive landscape of this vertical and the multiple regions where the company has managed to recognize its position.
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Smartphone Market, 1,366.14 Million Units Shipped in 2020 and it is expected to reach 1,556.67 Million Units by 2026, registering a CAGR of 1.69% during the forecast period (2022- 2026).
The report also presents the competitive landscape of the market and a corresponding detailed analysis of the major vendors/manufacturers of the market. Key manufacturers covered in this report: Huawei, Nokia, Panasonic, Vivo, Apple, Xiaomi, LG Electronics, Samsung, OPPO, Lenovo, Sony, OnePlus, Meizu, ZTE
News and Updates
July 2022 – Vivo Communication Technology Co. Ltd, has expanded its 5G portfolio in India with the launch of the powerful vivo Y72. Priced at INR 20,990, the Y72 offers a superior smartphone experience with its rugged features while sporting a clearly differentiated design in its class. The smartphone offers an expandable RAM of 8GB + 4GB which prevents the phone from throttling while multitasking.
July 2022 – Samsung India has launched the new Galaxy A22 5G smartphone. It offers 11-band support for a 5G experience and two-year OS upgrades. It features a 6.6-inch FHD+ display with 90Hz refresh rate, a versatile 48MP triple camera, 5000mAh battery, and many other innovative features.
April 2022 – Guangdong Oppo Mobile Telecommunications Corp., Ltd, has launched a stylish new smartphone under its popular F-series – the new OPPO F19, in India. The OPPO F19 is a sleek, minimalist F19 series device that comes with 33W flash charging to charge the whopping 5000mAh while maintaining light weight and sleek design.
Smartphones, with strong hardware capabilities, extensive mobile operating systems, broader software applications, Internet and multimedia features (music, videos and games), as well as essential telephone functions such as voice calls and messaging text, are taken into account in the scope. Smartphones used for industrial purposes, or otherwise called rugged phones, are not included in the scope. The market is segmented by operating system and geography.
Also, many app developers prefer Android OS for developing gaming/entertainment apps, social media apps, utility mobile apps, lifestyle apps, among others, as it requires developers to have a knowledge of languages, such as C++, Kotlin, Java, among others. . Moreover, Google also offers various developer tools like Android Jetpack, Firebase, and AndroidSDK to help developers create an intuitive user interface.
Moreover, the platform allows users to download apps for free, however, the apps are designed to offer in-app purchases, of course, in-app subscriptions which have generated more revenue in Google Play Stores than Apple Stores. For example, revenue generated by Coin Master in April 2022 was approximately $61.02 million through Google Play Stores, according to Air now PLC. This is followed by the GarenaFree Fire-World and PUBG Mobile-Karakin series which generated revenue of 38.56 million USD and 37.76 million USD in April 2022.
Smartphone market segmentation:
Breakdown data by type
Smartphone Breakdown Data by Application
Regional and national level analysis
The report offers an exhaustive geographical analysis of the global smartphone market, covering major regions, namely North America, Europe, China, and Japan. It also covers key countries (regions) i.e. USA, Canada, Germany, France, UK, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, United Arab Emirates, etc.
Strategic points covered in the table of contents:
The report focuses on global major industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. . An analysis of upstream raw materials, downstream equipment and consumers is also carried out. In addition, the Smartphone industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and general research conclusions are offered.
The Smartphone market study includes the methodical description of the various factors such as the growth of the market and detailed information about the revenue, technological developments, production and the various other strategic developments of the various companies. Regional spaces of significant components including capacity, cost, price, technology, supplies, profit, and competition are analyzed.
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Smartphone analysis and strategies go as follows:
- The report sheds light on the gist of the proven and innovative strategies undertaken by the potential stakeholders with regards to the commercialization of the product.
- The sales channels chosen (which include direct and indirect marketing) by the companies are briefly listed in the Smartphones market report.
- The distributors of these products and an overview of high-end customers for these are also included in the study.
- The report includes essential driving forces influencing the commercialization landscape of the Smartphone market and their impact on the revenue scale of this business sphere.
- Growing product demand in key geographies along with pivotal applications and potential business areas are also included in the Smartphone market report.
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To note: All of the reports we list tracked the impact of COVID-19 on the market. The upstream and downstream of the entire supply chain were taken into account during this operation. Additionally, where possible, we will provide an additional COVID-19 update supplement/report to the third quarter report, please check with the sales team.
Irfan Tamboli (Head of Sales) – Market analysis reports
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