The smartphone market is projected to grow at a CAGR of 16.4% during the forecast period. As per the smartphone market research report, the global market for smartphones is projected to grow swiftly by US$2297.8 billion by 2025. According to analysts, increasing use of mobile internet as well as high disposable income in developing countries will drive the market growth during the forecast period. The smartphone market research report offers a comprehensive analysis of the global smartphone market and its distribution channel, input device, operating system, region, and type segments. The data identity and data theft issues along with a highly saturated market are the elements that could influence the smartphone market advancement throughout the forecast period. The smartphone market research report by expert analysts is developed to assist organizations in the Smartphone Market.
Competitive Landscape
Incorporating new technologies and launch of new and updated products are presumed to drive the smartphone market growth worldwide. The global smartphone market could be challenged by trade wars among regional markets, nevertheless, organizations in the smartphone market will carry the growth rate forward. The smartphone market research report presents company profiles of major companies active in the smartphone market globally. Furthermore, the global smartphone market report offers an all-inclusive analysis of the market collected from the smartphone market’s primary and secondary sources covering both decision makers and thought leaders. The smartphone market research report highlights such key areas assisting businesses operating in the smartphone market to build better growth strategies.
Top Key Manufacturers
The prominent players in the smartphone market are Samsung Electronics Co. Ltd (005930 (KRX))(South Korea), Apple Inc. (AAPL (NASDAQ)) (US), Google LLC (US), Xiaomi Corporation (China), Lenovo Group Limited (0992 (HKG)) (China), OnePlus Technology Co., Ltd (China), Microsoft Corporation (MSFT (NASDAQ)) (US),Nokia Corporation(NOKIA (HEL)) (Finland), Huawei Technologies Co. Ltd (China), Guangdong OPPO Mobile Telecommunications Corp., Ltd (China), Vivo Communication Technology Co. Ltd (China), HTC Corporation (Taiwan), Sony Corporation (Japan), ZTE Corporation (China), LG Electronics Inc. (South Korea), and Panasonic Corporation (Japan) among others.
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Market Segmentation
The global smartphone market has been segmented into type, operating system, distribution channel, input device, and region.
- By type, the smartphone market has been segmented into media-centric smartphones, entry-level smartphones, and performance smartphones. The media-centric smartphone segment has been classified into music smartphones, navigation smartphones, gaming smartphones, and camera smartphones.
- By operating system, the market has been segmented into Android, iOS, and Windows.
- By distribution channel, the smartphone market has been segmented into OEM, retailer, and e-commerce.
- By input device, the smartphone market has been segmented into touch screen and keypad.
- By region, the smartphone market has been segmented into North America, Asia-Pacific, Europe, Middle East and Africa, and South America.
Also get more info@ Smartphone Market Insights 2021: Business Opportunity, Future Scope & Rising Demand By Top Vendors- Samsung Electronics Co. Ltd (005930 (KRX)), Apple (AAPL (NASDAQ)), Google LLC
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for smartphones are predominantly covered in the global smartphone market research report. Country-level smartphone markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level smartphone markets are covered in the report. In Asia-Pacific (APAC) region, the country-level smartphone markets covered are Japan, India, China, and others. The smartphone market research report also explores the regional market for smartphones present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The smartphone market research report also covers regional markets from the rest of the world alongside smartphone markets of Africa and the Middle East.
Industry News
A study reveals that, after lower than anticipated shipments in 2020, ASUS attempted to reposition its smartphone division. The study reports, by citing industry sources, that in Q3 2020, ASUS posted revenues of some US$61.8 million, divided between US$17.8 million for older models and USD42 million for new models. ASUS seems to blame the pandemic for not meeting its goals as part of a scarcity aspect, but ASUS plans to reverse its collapse.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Smartphone Market, By Segments
- Competitive Analysis
Continued…
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
Market Research Future (MRFR) reports that Smartphone market estimated to accelerate the expansion and forecasted to note exponential growth in the forecast period 2020-2023.
The market has encountered significant development over the recent years and is predictable to grow enormously.
The Global Smartphone Market is expected to grow from USD 520.3 billion in 2018 to USD 2297.8 Billion by 2025, at a CAGR of 16.4%, during the forecast period.
Key Players The prominent players in the smartphone market are Samsung Electronics Co. Ltd (South Korea), Apple Inc. (US), Google LLC (US), Xiaomi Corporation (China), Lenovo Group Limited (China), OnePlus Technology Co., Ltd (China), Microsoft Corporation (US),Nokia Corporation (Finland), Huawei Technologies Co. Ltd (China), Guangdong OPPO Mobile Telecommunications Corp., Ltd (China), Vivo Communication Technology Co. Ltd (China), HTC Corporation (Taiwan), Sony Corporation (Japan), ZTE Corporation (China), LG Electronics Inc. (South Korea), and Panasonic Corporation (Japan) among others.
Regional Analysis The global smartphone market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to grow at highest CAGR during the forecast period due to the early adoption of emerging technologies, the presence of global players, and suitable infrastructure support.
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Market size by End User
New York, NY 25 Jan 2021: The global 5G Smartphone Market size is expected to grow at a CAGR of 122.7% from 2020 to 2027 according to a new study by Polaris Market Research.
Another major reason of the decline was the low-priced Chinese 5G devices.
5G technology is being increasingly commercialized in different parts of the globe, with China leading the race.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/5g-smartphone-market/request-for-sample Collaboration between the smartphone manufacturers, chipset providers and telecommunication providers will help in the acceleration of commercial 5G services.
In China, for instance, the government has drastically reduced licensing costs to speed up the rolling out of 5G services.
New hardware can be installed on the existing poles to bring down the capital costs and speedup the deployment of 5G.
