Phablets Market in the EMEA Region 2015-2019
Phablet is an integration of a tablet and a phone. The device offers functionalities of a tablet along with the calling and texting functionalities of a cellphone. A phablet is also a smartphone but is different from a standard smartphones in terms of its screen size. Phablets are used to browse internet, watch videos, and navigate documents. Phablets are gaining popularity because of their large screen size and powerful processors.
TechNavio's analysts forecast the Phablets market in the EMEA region to grow at a CAGR of 28.81 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Phablets market in the EMEA region for the period 2015-2019. It considers phablet as a smartphone with a screen size in the range of 4.8 to 6.5 inches. It presents the vendor landscape and a corresponding detailed analysis of the top vendor in the market. In addition, the report discusses the major drivers that influence the growth of the Phablets market in the EMEA region and also outlines the challenges that are faced by the vendors and the market at large, as well as the key trends that are currently contributing toward the growth of the market.
TechNavio's report, Phablets Market in the EMEA region 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Phablets Market in the EMEA Region 2015-2019
TechNavio recognizes the following companies as the key players in the Phablets Market in the EMEA Region: HTC Corp., LG Electronics Inc., Samsung Electronics Co. Ltd. and Sony Mobile Communications AB.
Other Prominent Vendors in the market are: Apple, HP, Huawei, Lenovo and Xiaomi.
Commenting on the report, an analyst from TechNavio’s team said: “Rapid advances in technology are one of the key trends in the market. Phablet vendors are working with their respective R&D departments to come up with a better and more technologically advanced version of a phablet in the coming years.”
According to the report, increased adoption of phablets is one the major drivers in the market. The region witnessed an increased adoption of phablets, as consumers prefer devices that have the functionality of both a smartphone and a tablet.
Further, the report states that the high production cost of phablets is one of the major challenges that the market faces. Currently, the demand for phablets in the region is medium and, hence, companies cannot produce enough to realize economies of scale. Therefore, the manufacturing cost of a phablet is higher than that of a smartphone.HTC , LG Electronics , Samsung Electronics , Sony Mobile Communications , Apple, HP, Huawei , Lenovo, Xiaomi
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