Global Smartphone Market 2021-2025
Technavio has been monitoring the smartphone market and it is poised to grow by 464.20 mn units during 2021-2025 progressing at a CAGR of 6% during the forecast period. Our report on smartphone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of AI in smartphones, increasing adoption of premium smartphones in emerging countries. In addition, growing adoption of AI in smartphones is anticipated to boost the growth of the market as well.
The smartphone market analysis includes technology segment and geographical landscapes.
Technavio's smartphone market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the increasing investments in global smartphone market as one of the prime reasons driving the smartphone market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our smartphone market covers the following areas:
- Smartphone market sizing
- Smartphone market forecast
- Smartphone market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smartphone market vendors that include Alphabet Inc., Apple Inc., BBK Electronics Corp. Ltd., HTC Corp., Huawei Investment & Holding Co. Ltd., LG Electronics Inc., Nokia Corp., Samsung Electronics Co. Ltd., Sony Corp., and ZTE Corp.. Also, the smartphone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.