Global Smartphone Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Smartphone Market Outlook 2027: According to the latest report by IMARC Group, titled “ Smartphone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” the global smartphone market size reached 1,355 Million Units in 2021. A smartphone is a portable smart device that provides advanced functionality and connects to a cellular network and the internet. It is widely used for many purposes such as messaging, gaming, calling, online shopping, transferring funds, clicking pictures, and emailing. In addition, it provides easy communication, portability, navigation, safety, online banking, and entertainment. Owing to these benefits and the introduction of advanced variants, smartphones have gained widespread popularity among individuals. Request for a free sample: https://www.imarcgroup.com/smartphone-market/requestsample
Report Description and Highlights
Report Description
Global Smartphone Market Trends: The market is primarily driven by the rising demand for portable handheld devices across the globe. In addition, the shifting consumer preferences toward smart devices that offer various benefits such as easy accessibility to the internet, advanced audio and video calling features, web surfing, and online ordering, is contributing to the market growth. Besides this, the introduction of various innovative smartphones with miniaturized cameras, highresolution sensors, and improved battery life are escalating the product demand. Moreover, consumers are widely using smartphones to make contactless payments as they eliminate the need for card swiping and minimize the risk of human errors. Which is another major growth-inducing factor. Furthermore, the expanding working population, increasing internet penetration, and rising disposable incomes of consumers are some of the other factors anticipated to propel the market growth.
Report Description and Highlights Report Description Market Summary: Breakup by Price Range: • Ultra-Low-End (Less Than $100) • Low-End ($100-<$200) • Mid-Range ($200-<$400) • Mid- to High-End ($400-<$600) • High-End ($600-<$800) • Premium ($800-<$1000) and Ultra-Premium ($1000 and Above) Breakup by RAM Capacity: • Below 4GB • 4GB - 8GB • Over 8GB Breakup by Distribution Channel: • OEMs • Online Stores • Retailers
Report Description and Highlights Report Description Breakup by Display Technology: • LCD Technology • OLED Technology Breakup by Operating System: • Android • iOS Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Looking forward, IMARC Group expects the market to reach 1,715 Million Units by 2027, exhibiting at a CAGR of 3.70% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • Apple Inc • HTC Corporation • Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.) • Lava International • Lenovo Group Limited • Nokia Corporation • Realme Chongqing Mobile Telecommunications Corp. Ltd. (BBK Electronics Corporation) • Samsung Electronics Co. Ltd • Sony Corporation • TCL Technology • Xiaomi Corporation • ZTE Corporation View Report TOC, Figures and Tables: https://www.imarcgroup.com/smartphone-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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