
Smartphone Market by Component (Hardware, Software), Display Size (4.0” - 5.0”, Below 4.0”, Up to 6.5”), RAM Size, Operating System, Price Range, Distribution Channel - Global Forecast 2024-2030
Description
Smartphone Market by Component (Hardware, Software), Display Size (4.0” - 5.0”, Below 4.0”, Up to 6.5”), RAM Size, Operating System, Price Range, Distribution Channel - Global Forecast 2024-2030
The Smartphone Market size was estimated at USD 496.32 billion in 2023 and expected to reach USD 531.45 billion in 2024, at a CAGR 7.26% to reach USD 810.93 billion by 2030.
Global Smartphone Market
A smartphone is a highly advanced, hand-held device that merges the capabilities of a mobile phone and a computer. Designed with sophisticated technology, smartphones have become an integral part of modern life, extending far beyond basic telecommunication. They are equipped with multiple features such as a powerful operating system, high-speed data access through Wi-Fi or mobile networks, capacitive high-resolution touchscreens, multiple sensors, and support for downloadable applications. The smartphone market, powered by advances in technology, embraces the design, sale, and usage of technologically advanced mobile devices. Significant market impulsion is attributed to factors such as technological progress, social media popularity, high-speed internet requirements, and e-commerce suitability. However, the market is hampered by certain restraints, including high production expenditure, fluctuating consumer preferences, sustainability needs, data security anxieties, and the fleeting lifecycle of smartphones. The advent of 5G and IoT technologies, alongside consumer demand for compact and efficient devices, has cultivated substantial growth potential. Enhancing battery longevity, augmenting security infrastructure, exploring potential AR and VR applications, and devising resilient and contemporary designs have been further creating a stronger future landscape for the global smartphone market.
Regional Insights
In the Americas, the global smartphone market has observed significant growth over the past few years. The U.S., being the biggest market, has showcased a demand surge, especially for higher-end smartphones. The presence of established smartphone manufacturers across the region has further led to technological innovations and growth of the American smartphone market. In the EMEA region, the European smartphone market has grown steadily, emphasizing affordability, technological sophistication, and device longevity. The well-established semiconductor industry across European countries, coupled with government initiatives for the electronic sector, has propelled the expansion of the market in the region. However, the Middle East and Africa recorded marginal gains primarily driven by affordable smartphone segments. Resilience in economic recovery post-pandemic and supportive policies have also played a fundamental role in the growth of the market. The APAC region represents a promising picture for the smartphone market, driven mainly by the increasing internet penetration and the rapid shift from feature phones to smartphones. Moreover, affordable pricing, coupled with improving digital infrastructure and an expanding middle-class population, has propelled the smartphone revolution in countries including India and China.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Smartphone Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smartphone Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Smartphone Market, highlighting leading vendors and their innovative profiles. These include Acer Inc., AOC Phones, Apple Inc., ARCHOS Group, AsusTek Computer Inc., BBK Electronics Corporation, Black Shark, BlackBerry Ltd, BLU Products, Google LLC by Alphabet Inc., Honor Device Co., Ltd., Huawei Technologies Co. Ltd., Intex Technologies, Karbonn Mobiles, Lenovo Group Limited, Micromax Informatics Limited, NEC Corporation, Nokia Corporation, Priyanka Communications India Private Limited, Reliance Industries Limited, Samsung Electronics Co., Ltd., Sony Corporation, TCL Technology, Xiaomi Corporation, and ZTE Corporation.
Market Segmentation & Coverage
This research report categorizes the Smartphone Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
Hardware
Software
Display Size
4.0” - 5.0”
Below 4.0”
Up to 6.5”
RAM Size
2GB - 4GB
Below 2GB
Up to 8 GB
Operating System
Android
iOS
Windows
Price Range
Budged Phones
Mid-Range Phones
Premium
Distribution Channel
Offline
Online
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Smartphone Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smartphone Market?
3. What are the technology trends and regulatory frameworks in the Smartphone Market?
4. What is the market share of the leading vendors in the Smartphone Market?
5. Which modes and strategic moves are suitable for entering the Smartphone Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
192 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Smartphone Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising demand for high-speed internet with the surge in usage of social media
- 5.1.1.2. Increasing development of operating systems that enhance user experience
- 5.1.1.3. High potential with increasing adoption of e-commerce platforms
- 5.1.2. Restraints
- 5.1.2.1. Issues related to chip shortage
- 5.1.3. Opportunities
- 5.1.3.1. Development of advanced features and technologies in smartphones
- 5.1.3.2. Expansion of 5G networks with constant government support
- 5.1.4. Challenges
- 5.1.4.1. Technical limitations and security vulnerabilities associated with the usage of smartphones
- 5.2. Market Segmentation Analysis
- 5.2.1. Component: Excellent hardware and software integration ensures superior smartphone performance and a seamless user experience
- 5.2.2. Display Size: Growing popularity of 6.5 large screens for immersive viewing experience
- 5.2.3. Operating System: Higher deployment of Android OS owing to its compatibility with numerous smartphone brands
- 5.2.4. Distribution: Emerging preferences for online sales channels, offering customized offers and convenience
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Smartphone Market, by Component
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software
- 7. Smartphone Market, by Display Size
- 7.1. Introduction
- 7.2. 4.0” - 5.0”
- 7.3. Below 4.0”
- 7.4. Up to 6.5”
- 8. Smartphone Market, by RAM Size
- 8.1. Introduction
- 8.2. 2GB - 4GB
- 8.3. Below 2GB
- 8.4. Up to 8 GB
- 9. Smartphone Market, by Operating System
- 9.1. Introduction
- 9.2. Android
- 9.3. iOS
- 9.4. Windows
- 10. Smartphone Market, by Price Range
- 10.1. Introduction
- 10.2. Budged Phones
- 10.3. Mid-Range Phones
- 10.4. Premium
- 11. Smartphone Market, by Distribution Channel
- 11.1. Introduction
- 11.2. Offline
- 11.3. Online
- 12. Americas Smartphone Market
- 12.1. Introduction
- 12.2. Argentina
- 12.3. Brazil
- 12.4. Canada
- 12.5. Mexico
- 12.6. United States
- 13. Asia-Pacific Smartphone Market
- 13.1. Introduction
- 13.2. Australia
- 13.3. China
- 13.4. India
- 13.5. Indonesia
- 13.6. Japan
- 13.7. Malaysia
- 13.8. Philippines
- 13.9. Singapore
- 13.10. South Korea
- 13.11. Taiwan
- 13.12. Thailand
- 13.13. Vietnam
- 14. Europe, Middle East & Africa Smartphone Market
- 14.1. Introduction
- 14.2. Denmark
- 14.3. Egypt
- 14.4. Finland
- 14.5. France
- 14.6. Germany
- 14.7. Israel
- 14.8. Italy
- 14.9. Netherlands
- 14.10. Nigeria
- 14.11. Norway
- 14.12. Poland
- 14.13. Qatar
- 14.14. Russia
- 14.15. Saudi Arabia
- 14.16. South Africa
- 14.17. Spain
- 14.18. Sweden
- 14.19. Switzerland
- 14.20. Turkey
- 14.21. United Arab Emirates
- 14.22. United Kingdom
- 15. Competitive Landscape
- 15.1. FPNV Positioning Matrix
- 15.2. Market Share Analysis, By Key Player
- 15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
- 15.3.1.1. Trustonic extends its position in global smartphone locking provider through acquisition of SITIC
- 15.3.2. Agreement, Collaboration, & Partnership
- 15.3.2.1. Dixon Technologies arm partners with Xiaomi for smartphone manufacturing in India
- 15.3.3. New Product Launch & Enhancement
- 15.3.3.1. OnePlus Unveils its Foldable Smartphone in the U.S. and Canada - the OnePlus Open
- 16. Competitive Portfolio
- 16.1. Key Company Profiles
- 16.1.1. Acer Inc.
- 16.1.2. AOC Phones
- 16.1.3. Apple Inc.
- 16.1.4. ARCHOS Group
- 16.1.5. AsusTek Computer Inc.
- 16.1.6. BBK Electronics Corporation
- 16.1.7. Black Shark
- 16.1.8. BlackBerry Ltd
- 16.1.9. BLU Products
- 16.1.10. Google LLC by Alphabet Inc.
- 16.1.11. Honor Device Co., Ltd.
- 16.1.12. Huawei Technologies Co. Ltd.
- 16.1.13. Intex Technologies
- 16.1.14. Karbonn Mobiles
- 16.1.15. Lenovo Group Limited
- 16.1.16. Micromax Informatics Limited
- 16.1.17. NEC Corporation
- 16.1.18. Nokia Corporation
- 16.1.19. Priyanka Communications India Private Limited
- 16.1.20. Reliance Industries Limited
- 16.1.21. Samsung Electronics Co., Ltd.
- 16.1.22. Sony Corporation
- 16.1.23. TCL Technology
- 16.1.24. Xiaomi Corporation
- 16.1.25. ZTE Corporation
- 16.2. Key Product Portfolio
- 17. Appendix
- 17.1. Discussion Guide
- 17.2. License & Pricing
- FIGURE 1. SMARTPHONE MARKET RESEARCH PROCESS
- FIGURE 2. SMARTPHONE MARKET SIZE, 2023 VS 2030
- FIGURE 3. SMARTPHONE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. SMARTPHONE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. SMARTPHONE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. SMARTPHONE MARKET DYNAMICS
- FIGURE 7. SMARTPHONE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 8. SMARTPHONE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. SMARTPHONE MARKET SIZE, BY DISPLAY SIZE, 2023 VS 2030 (%)
- FIGURE 10. SMARTPHONE MARKET SIZE, BY DISPLAY SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. SMARTPHONE MARKET SIZE, BY RAM SIZE, 2023 VS 2030 (%)
- FIGURE 12. SMARTPHONE MARKET SIZE, BY RAM SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. SMARTPHONE MARKET SIZE, BY OPERATING SYSTEM, 2023 VS 2030 (%)
- FIGURE 14. SMARTPHONE MARKET SIZE, BY OPERATING SYSTEM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. SMARTPHONE MARKET SIZE, BY PRICE RANGE, 2023 VS 2030 (%)
- FIGURE 16. SMARTPHONE MARKET SIZE, BY PRICE RANGE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. SMARTPHONE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
- FIGURE 18. SMARTPHONE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. AMERICAS SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. AMERICAS SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. UNITED STATES SMARTPHONE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 22. UNITED STATES SMARTPHONE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ASIA-PACIFIC SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. ASIA-PACIFIC SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. EUROPE, MIDDLE EAST & AFRICA SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 26. EUROPE, MIDDLE EAST & AFRICA SMARTPHONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 27. SMARTPHONE MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 28. SMARTPHONE MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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