The smartphones are a category of mobile phones and
of multi-purpose mobile computing devices. Moreover, in the market they are
distinguished from the features phones by their stronger hardware abilities
with the effective and extensive mobile operating systems, which facilitate
wider software, multimedia functionality and internet with the essential phone
functions likewise text messaging and voice calls. Furthermore, it works as a
computer but are mobile devices small enough to fit in a user’s hand. The users
of smart phones can get more programs, called mobile apps, from the
introducer’s app store likewise the Google Play and Apple App Store which can
help them for accomplishing the special tasks. Whereas, the key players of this
market are playing more effective role by doing more developments as in the
recent trend the most smartphones are also GPS receivers and digital cameras.
Hence, with the effective applications and classifications the market of
smartphones will grow in the coming years more actively.
According to the report analysis, ‘Global Smartphone Market 2013-2020’
states that some of the major companies which are recently functioning in this
market more actively for attaining the huge market share more positively by
doing more developments in the technology of smart phones for dominating the
growing demand from the potential buyers such as Samsung Electronics Company
Ltd., Apple Inc., Sony Corporation, Nokia Oyj, Micromax Informatics Ltd, LG
Electronics Inc., Huawei Technologies Co. Ltd., OPPO Electronics Corp., Beijing
Xiaomi Technology Co. Ltd., Lenovo Group Ltd., and several others. The global
smart-phone market is anticipated to reach USD 689.4 billion by 2020, with a
CAGR of 11.2%. Moreover, the market of smart phones is classified on the basis
of operating systems, screen size, display technology and region whereas, on
the basis of operating systems is further divided likewise Android Global
Smart-phone Market, iOS Global Smart-phone Market, Windows Global Smart-phone
Market, Others Global Smart-phone Market. Meanwhile, on the basis of display
technology it is split into LCD technology, OLED Display and other display
technologies.
On the basis of geography, with the effective
applications the global market smart-phones is spread across the globe which
majorly includes North America, Europe, Asia-Pacific, Middle-East and Africa,
Latin America and several others. The global smart-phone market is accounted by
Asia-Pacific region with 40.7% market share, followed by Europe with 32.2%
market share. While, by 2020 the global smart-phone shipment is anticipated to
reach 2,968.9 million units. Moreover, with the rising utilization of mobile internet
and services in major European and Asian countries such as India, China, UK,
Germany, South Korea and Indonesia is leading the growth of global smart-phone
market. Additionally, decrease in average selling price of smart-phones is
anticipated to fuel the growth of the market over the coming years.
Reducing the requirement of smart-phones in matured
regions likewise U.S. and Japan is anticipated to hamper the growth of
smart-phones market to some magnitude from 2014 through 2020. While, the key
players are investing more in the research and development programs for
developing the new applications in the smart-phones which lead the demand of
smart-phones in the forecasted period. Therefore, in the coming years, it is
expected that the global market of smart-phones will rise more actively with
the more developments in the applications and investments from the new
entrants.
For more information on the research
report, refer to below link:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
