Press release
5G Smartphones will generate new growth opportunities 2023-2028 |Companies Covered: Apple Inc, Telefonaktiebolaget LM Ericsson, China Mobile, Huawei Technologies Co. Ltd,Lenovo Group Limited,Etc.
The Global 5G Smartphones market was estimated at USD 21.6 Bn in 2021. The market is projected to expand to USD 76.9 Bn in 2028, recording a remarkable CAGR of 21.6% in the projection period. The demand for the 5G smartphones market is attributable to various factors such as its ability to confer high-speed connectivity of the internet, coverage, dependency in contrast to 4 G-based smartphones, innovative novel product launches by manufacturers of 5G smartphones and humongous market growth in the developing countries, specifically in India and China.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Semiconductor-Electronics/5g-smartphone/25644
Additionally, other factors driving the market growth of the global 5G smartphone market include increased mobile broadband, dependable low-latency communication, a superior level of security, and power efficiency. All these aforementioned factors lead to a significant increase in the expansion of the market. The advancements in 5G network technology, operator support, and significant price reductions to make it affordable for all types of enterprises all contributed to the favorable environment. A decreased latency rate provided by 5G technology is advantageous for VOIP conversations, video conferencing, and online gaming. Additionally, it serves as an effective platform for the development of new mobile business models.
๐๐๐๐ฅ๐ข๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐๐ซ๐๐ฌ๐๐ง๐๐ ๐จ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ฎ๐ญ๐ฅ๐๐ญ๐ฌ
Based on the sales channel, the global 5G smartphone market is bifurcated into online and offline. The offline segment is attributable to holding a significantly humongous market share, owing to the presence of massive outlets such as hypermarkets, retail shops, brand stores, and mobile showrooms. The growth of the offline segment is majorly increasing as consumers are allowed to touch and experience the product before purchasing, without waiting for delivery of the product.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Semiconductor-Electronics/5g-smartphone/25644
Additionally, the online segment is anticipated to index the highest growth over the projection period due to various strategies offered by brands such as exclusive offers, discounts, sale promotions, and attractive deals by e-commerce manufacturers.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ข๐ ๐ก-๐๐ฉ๐๐๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ ๐๐จ๐ง๐ง๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐๐ฆ๐จ๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐ ๐๐ฆ๐๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
The demand for high-speed internet among consumers is fueling the 5G smartphone market globally with the availability of reliable connections for smartphones. The market is growing due to various advantages offered by smartphone manufacturers such as high bandwidth for clearer video streaming, steady and continuous video calling, the presence of virtual reality, and augmented games. The demand for smartphones is anticipated to expand as consumers are increasingly utilizing the internet.
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐:
-Apple Inc
-Telefonaktiebolaget LM Ericsson
-China Mobile
-Huawei Technologies Co. Ltd
-Lenovo Group Limited
-BBK Electronics Corporation
-Nokia
-LG Electronics Inc
-TCL Communication Limited
-Samsung Electronics Co., Ltd
-Others
๐๐๐๐๐ง๐ญ ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ :
- ๐ ๐๐. ๐๐, ๐๐๐๐: Smartphone sales are anticipated to increase in rural areas as a result of the government's BharatNet program aimed to connect all villages with high-speed broadband.
- ๐๐๐๐ ๐๐๐ซ๐๐ก: Telefonaktiebolaget According to LM Ericsson, a multinational networking and telecommunications firm, 5G connectivity will have a global subscriber base of 1.5 billion by 2024, covering roughly one-third of the world's population.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Semiconductor-Electronics/5g-smartphone/25644
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ
๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ:
-iOS
-Android
-Windows
๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ:
-Online
-Offline
๐๐ง๐-๐๐ฌ๐๐ซ:
-B2B
-B2C
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ ๐๐ฆ๐๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ฌ๐
Asia Pacific dominates the 5G Smartphones market due to its massive customer base for smartphones, especially in China and India. Smartphone manufacturers are increasingly relying on strategies such as minimizing the smartphone costs to the target population specifically the middle-class strata. Since Indians are highly active on various social media channels such as Instagram, and Tiktok, among others which further bolsters the market penetration.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ญ ๐ ๐ฆ๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง ๐ฉ๐๐ซ๐ข๐จ๐.
This growth is attributable to the growing demand for high-speed networks, high net-worth consumers demanding high-speed connectivity of the internet, tech-savvy, and compatible electronic gadgets. Customers in the area typically prefer expensive phones.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On 5G Smartphones Market
Chapter 5. Global 5G Smartphones Market Overview, By Operating System, 2015 - 2028(USD Million)
Chapter 6. Global 5G Smartphones Market Overview, By Sales Channel, 2015 - 2028(USD Million)
Chapter 7. Global 5G Smartphones Market Overview, By SIM Type, 2015 - 2028(USD Million)
Chapter 8. Global 5G Smartphones Market Overview, By End User, 2015 - 2028(USD Million)
Chapter 9. Global 5G Smartphones Market Overview, By Geography, 2015 - 2028(USD Million)
Chapter 10. North America 5G Smartphones Market Overview, By Countries, 2015 - 2028(USD Million)
...Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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