Smartphones Market Analysis by Recent Developments and Trends 2021 to 2026 | Huawei, Nokia, Panasonic, Vivo, Apple, Xiaomi, LG Electronics, Samsung, OPPO, Lenovo

The Latest report about the Smartphones market delivers a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Smartphones market size with regards to the revenue and volume have also been mentioned. In general, the research report is a collecting of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully recognized its position.

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Smartphones Market, 1,366.14 million units shipped in 2020 and it is expected to reach 1,556.67 million units by 2026, registering a CAGR of 1.69% during the forecast period (2021-2026).

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Huawei, Nokia, Panasonic, Vivo, Apple, Xiaomi, LG Electronics, Samsung, OPPO, Lenovo, Sony, OnePlus, Meizu, ZTE

News and Updates

July 2021 - Vivo Communication Technology Co. Ltd, expanded its 5G portfolio in India with the launch of powerful vivo Y72. Priced at INR 20,990, Y72 delivers superior smartphone experience through its robust features while sporting a clearly differentiated design in its category. The smartphone offers 8GB+4GB expandable RAM which prevents the phone from choking while multi-tasking.

July 2021 - Samsung India launched new smartphone Galaxy A22 5G. It offers 11 bands' support for 5G experience and two year OS upgrades. It has 6.6" FHD+ display with 90Hz refresh rate, versatile 48MP triple camera, 5000mAh battery and host of other innovative features.

April 2021 - Guangdong Oppo Mobile Telecommunications Corp., Ltd, launched a new sleek smartphone under its renowned F series - the new OPPO F19, in India. The OPPO F19 is minimalist sleek device under the F19 series that comes with a 33W Flash Charge to charge the massive 5000mAh yet maintaining a light weight and a sleek design.

Market Overview

Smartphones, with strong hardware capabilities, extensive mobile operating systems, wider software applications, internet, and multimedia functionality (music, videos, and gaming), alongside core phone functions such as voice calls and text messaging, are considered in the scope. Smartphones used for industrial purposes, or otherwise known as rugged phones, are not considered in the scope. The market is segemented by operating system and geography.

Furthermore, many application developers prefer Android OS to develop gaming/entertainment applications, social media applications, utility mobile applications, lifestyle applications, among others, as it requires the developers to have knowledge of languages, such as C++, Kotlin, Java, among others. Moreover, Google also offers various development tools, such as Android Jetpack, Firebase, and AndroidSDK, to assist developers in building a user-intuitive interface.

Moreover, the platform allows users to download applications for free of cost, however, the applications are designed to offer in-app purchases, course in-app subscriptions that have generated more revenue in Google Play Stores compared to Apple Stores. For instance, the revenue generated by coin master in April 2021 approximately accounted for USD 61.02 million through Google Play Stores, according to Air now PLC. This was followed by GarenaFree Fire- World series and PUBG Mobile-Karakin that generated a revenue of USD 38.56 million and 37.76 million in April 2021

Smartphones Market Segmentation:

Breakdown Data by Type

Android

IOS

Smartphones Breakdown Data by Application

Children

Adults

The Old

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Smartphones market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the Smartphones industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.

Smartphones market research includes the methodical description of the various factors such as the market growth and detailed information about the different company's revenue, technological developments, production, and the various other strategic developments. The regional spaces of significant components, including the capacity, cost, price, technology, supplies, profit, and competition are analyzed.

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Smartphones Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Smartphones market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Smartphones market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Smartphones Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) - Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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