Smartphones Market Industry Demand, Growth, Size, Share, Analysis and Forecast – 2027

Smartphone Market was valued at USD 714.96 billion in 2019 and is expected to reach USD 1351.8 billion by 2027, at a CAGR of 11% over the forecast period 2021 – 2027.

The range includes powerful hardware features, a wide range of mobile operating systems, wider software applications, smartphones that support Internet and multimedia functions (music, video and games), as well as key phone features such as voice calls and text messages. Smartphones used for industrial purposes or otherwise known as rugged phones are not included in the scope.

 

Major Players

 

Samsung Electronics
Apple Inc.
Huawei Technologies Co., Ltd.
Xiaomi Corporation
Vivo Communication Technology Co. Ltd

 

By Operating Segment

Android
iOS
Windows
Others (Blackberry, Sailfish, Tizen)

By Distribution Channel

OEM
Retailer
e-Commerce

 

Scope of the Report

The research study analyzes the global Smartphones industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Smartphones Market Report

1. What was the Smartphones Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Smartphones Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smartphones Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.