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Smartphone Market Volume to Reach 1.83 Billion Units by 2019
August 21, 2015 | PRNewswireEstimated reading time: 4 minutes
The Worldwide Smartphone Market Forecast, 2015-2019 research report says while China is expected to occupy a lion's share of global smartphone market at over 30% in 2015, its share however is predicted to fall below 30% in 2016 and thereafter.
This report presents worldwide mobile phone market forecast, including a review of recent years and a smartphone market forecast for the period 2015-2019, with breakdowns by system technology and region. It also examines mobile phone market volume and market share by system technology for all the world's main regions separately, including North America, Latin America, Western Europe, Eastern Europe, Middle East and Africa, China, and Asia Pacific (including Japan). The report finds that the worldwide mobile phone market is anticipated to see 4.8% year-on-year growth in 2015, while smartphone market that touched 31.5% year-on-year growth last year is to slow down to 11.3% in 2015. Looking at smartphone market share by region, while China is expected to occupy a lion's share of over 30% in 2015, its share however is predicted to fall below 30% in 2016 and thereafter. By 2019, the market volume is projected to reach around 1.83 billion units, registering a CAGR of 7.1% over the period 2014-2019.
Companies covered in the worldwide smartphone market report for 2015-2019 include Apple, Blackberry, Google, Huawei, Lenovo, Qualcomm, Samsung, Microsoft, Xiaomi and ZTE. Major points covered as a part of table of content for this report include worldwide mobile phone market by device type, 2012-2019, worldwide mobile phone market share by device type, 2012-2019, worldwide smartphone market by region, 2012-2019, worldwide smartphone market share by region, 2012-2019, worldwide smartphone market by price point, 2012-2019, worldwide smartphone market share by price point, 2012-2019, worldwide smartphone market by operating system, 2012-2019, worldwide smartphone market share by operating system, 2012-2019,intelligence insights and research scope and definitions.
On the same lines, another research titled Global Smartphone Market 2015-2019 forecasts an 8.1% CAGR for the industry during 2014-2019. The report considers shipment of smartphones of trailing 3 quarters and estimates the shipment for fourth quarter for the year 2014. To calculate the smartphone market size, the report considers the revenue generated from the total unit shipment of smartphones. It also includes the shipments of phablets to arrive at the total market size for the base year 2014. However, the report does not consider the following to estimate the market size: Aftermarket sales of smartphones, Sales of accessories and peripherals for smartphones and Sales of mobile handsets that are classified as feature phones and tablets.
This research says The APAC region has emerged as a driving force behind the increase in smartphone sales, as the price of smartphones in the region have declined significantly, and are expected to fall even further by 2019. The market is witnessing a trend towards larger screen sizes, with many top smartphones sporting screens ranging from five to seven inches. Due to the consumption of a large amount of content online, consumers are demanding bigger and better displays, which are expected to fuel the global smartphone market in the coming years. With the emergence of new technologies such as cloud computing, virtualization, and deployment of next-generation LTE wireless networks such as 3G and 4G, consumers are actively browsing the internet, playing games, and watching videos on their smartphones, driving the demand for smartphones worldwide.
Apple Inc., Huawei Technologies Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Samsung Electronics Co. Ltd., ASUS, Coolpad, Gionee, HTC, Micromax, OnePlus, Sony, TCL Communication Technology,
For those interested in the IT and Telecommunication market, ReportsnReports.com has multiple research reports for smartphone segment that are regional and/or global in nature as well as relate to the sector directly or indirectly.
Smartphone Market in Germany 2014-2018: This research forecasts the German smartphone market to grow at 9.8% CAGR to 2018. To calculate the market size, the report considers revenue generated from the sales of smartphones that have a screen size between 3"-5". It also presents the total unit shipment of smartphones to the domestic market. The report, however, does not consider aftermarket sales of smartphones, accessories related to smartphones or revenue generated from services of smartphones.
The Impact of Chinese Smartphones' Low-Price Trend on Small and Medium Area Panel Industry: The knockout success of Xiaomi phones in 2014 coupled with the reduced subsidies from telecom operators for smartphone buyers as result of the government's adjustments to tax policy have both significantly affected decisions of Chinese smartphone vendors when it comes to product planning and high C/P ratio marketing strategy. As a result, vendors have been rushing into launching sub-brands for their e-commerce platforms. Those sub-brands either feature same specs at lower prices, higher specs at similar prices or higher specs at lower prices, compared to their major branded products. Other than squeezing margins that have resulted from the increasing adoption of high-end panels for smartphones, the continued low-price trend remains a worry for panel makers. This report examines the impact of this low price trend on the display panel industry, especially small and medium panel sector. Companies covered in this report include Alibab, BOE, Compal, Coolpad, Dazen, Dongguan Zhaoxin, Gionee, Hitachi, HTC, IUNI, JDI, Lemon, Lenovo, LeTV, Meizu, NoBlue, Qihoo 360, Sharp, Sony, Tianma, Toshiba and Xiaomi.
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