Press release
Smartphones of Tomorrow: A Forward Gaze into the 2033 Market of Pocket-sized Wonders
Smartphones Market
Growing demand for advanced technologies such as AI and machine learning happens to be one of the major factors driving the smartphones market across the globe. Rise in demand for image recognition coupled with real-time voice processing is driving the integration of AI capabilities into smartphones. Most AI processors have additional inbuilt neural processing units that are capable of parallel processing, use low power, and can carry out cognitive tasks. On-device AI makes use of dedicated AI chipsets and is likely to become prominent in all flagship smartphones going forward.
In August 2020, Xiaomi unveiled its core strategy of 'Smartphone × AIoT' for the next decade. Under this strategy, the company has established that smartphones will be the cornerstone of its business while the AIoT platform will build a smart living ecosystem around smartphones, further amplifying Xiaomi's value.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/11827
Key Takeaways from Market Study
By operating system, the Android segment is anticipated to account for a leading market share and is estimated to expand at a robust CAGR of 6.2% through 2031.
North America is expected to lead the market followed by Asia Pacific. Asia Pacific is anticipated to emerge as the fastest-growing region from 2021 to 2031.
Mid-range ($200-$500) smartphones will be a dominating segment and is anticipated to expand at a CAGR of nearly around 7.5% from 2021 to 2031.
The market in India is expected to progress at a CAGR of almost 9.5% over the forecast period.
In the United Arab Emirates, sales are expected to increase at a CAGR of close to 6.6% over the next ten years.
"Increasing Internet penetration, rising consumer disposable income, growing popularity of 5G, and rising demand for foldable smartphones are collectively driving market growth across the world," says a Persistence Market Research analyst.
Integration of AI to Spur Demand for Smartphones
Along with lightning speeds, 5G-capable phones are expected to be in high demand as adoption rates sore and consumers look to upgrade from their 4G phones. Changing consumer preferences and growing popularity of m-Commerce happens to be one of the major factors driving the growth of the smartphones market across the world. Consumers are increasingly becoming reliant on digital devices and are more inclined toward online shopping.
Growing demand for mobile gaming is also driving market growth. 5G connectivity is anticipated to offer a better gaming experience to users with improved connectivity. Gamers believe that 5G connectivity would enable high quality graphics
For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/11827
Moreover, 5G rollout is expected to drive new use cases for smartphones, and hence, upgrading to 5G smartphones would become a key consideration among end users. Besides, brands are expected to launch affordable 5G phones, thereby enabling easy and rapid adoption of 5G technology.
Key Players :
Apple
Samsung
Sony
Huawei
Motorola
Nokia
Xiaomi
Vivo
Oppo
LG
HTC
OnePlus
Asus
Microsoft
More Valuable Insights on Offer
Persistence Market Research's report on the smartphones industry research is segmented into five major sections - operating system (Android, iOS, and others); price range (low range (below $200), mid-range ($200-$500), and premium (above $500)); sales channel (online/e-Commerce, and physical retail stores (offline)); and region (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the smartphones market.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/11827
Smartphones Industry Survey by Category
Smartphones Market by Operating System:
Android Smartphones
iOS Smartphones
Others
Smartphones Market by Price Range:
Low-range Smartphones (Below $200)
Mid-range Smartphones ($200-$500)
Premium Smartphones (Above $500)
Smartphones Market by Sales Channel:
Online/e-Commerce
Physical Retail Stores (Offline)
Smartphones Market by Region:
North America Smartphones Market
Latin America Smartphones Market
Europe Smartphones Market
Asia Pacific Smartphones Market
Middle East Smartphones Market
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smartphones of Tomorrow: A Forward Gaze into the 2033 Market of Pocket-sized Wonders here
News-ID: 3225973 • Views: …
More Releases from Persistence Market Research
Global Automotive Components Manufacturing Market Set to Reach US$ 887.4 Bn by 2 …
The auto parts manufacturing market has emerged as one of the most dynamic sectors in the global automotive industry, driven by technological advancements, increasing vehicle production, and evolving consumer preferences. According to Persistence Market Research, the global automotive components manufacturing market is projected to be valued at US$ 579.3 billion in 2025 and is expected to reach US$ 887.4 billion by 2032, growing at a CAGR of 4.5% between 2025…
Railway Sleepers Market to Reach US$ 19.2 Bn by 2032 as Key Players Balfour Beat …
The global railway sleepers market is poised for significant growth over the coming years, driven by the increasing expansion and modernization of railway infrastructure worldwide. Railway sleepers, also known as railroad ties, are an essential component of railway tracks, providing stability, load distribution, and structural integrity to rails. With the rising demand for efficient and safe rail transportation across emerging and developed economies, the railway sleepers market has witnessed sustained…
Gaskets and Seals Market to Reach US$ 105.3 Billion by 2032 as Key Players Trell …
The gaskets and seals market plays a foundational role in ensuring safety, efficiency, and reliability across a wide range of industrial and commercial applications. These components are essential for preventing leakage of fluids and gases, maintaining pressure integrity, and protecting equipment from contamination under demanding operating conditions. As industries continue to modernize, the demand for advanced sealing solutions has grown steadily, particularly in sectors such as automotive, energy, manufacturing, chemicals,…
Electric Boats Market to Reach US$ 9.2 Billion by 2032 as Key Players Torqeedo, …
The Electric Boats Market is rapidly emerging as a transformative segment within the global marine industry, driven by sustainability goals, technological advancements, and shifting consumer preferences toward cleaner propulsion systems. Electric boats, powered fully or partially by electric motors and battery systems, are redefining recreational boating, passenger transport, and specialized marine applications. As governments and private stakeholders increasingly prioritize emissions reduction and fuel efficiency, electric propulsion solutions are gaining traction…
More Releases for Smartphone
Surge In Smartphone Adoption Propels Growth In The Smartphone Processor Market: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Smartphone Processor Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for smartphone processors has experienced quick expansion in the past few years. It is projected to balloon from $23.33 billion in 2024 to $26.43 billion in 2025, boasting a compound annual growth…
Leading Growth Driver in the Smartphone Processor Market in 2025: Surge In Smart …
Which drivers are expected to have the greatest impact on the over the smartphone processor market's growth?
The anticipated expansion of the smartphone processor market is predicted to be influenced by the rising global popularity of smartphones. It has been observed that younger generations worldwide have been adopting smartphones at a faster pace. For instance, a study from Cybercrew, a UK company specializing in cybersecurity solutions for businesses of varying sizes,…
India Smartphone Market
Anticipated Growth in Revenue:
The India Smartphone Market was valued at USD 169.72 Bn in 2023 and is expected to reach USD 341.40 Bn by 2030, at a CAGR of 10.5 % during the forecast period
India Smartphone Market Overview:
The India smartphone market is one of the fastest-growing in the world, driven by a large and young population, increasing internet penetration, and the rise of affordable smartphones. With a shift toward digitalization…
SMARTPHONE MARKET IN CHINA INTRODUCTION, CHINA SMARTPHONE SHIPMENTS AND USERS, C …
Smartphone Market in China
As the largest market in the world, mainland China remains among the fastest-growing nations in smartphone industry. This report provides OMR's updated statistics and predictions for smartphone market in China based on a summary of OMR independent research and a filtration of comparative data from third-party sources. An overview of the global smartphone market is also included. Historical data covers 2009-2014 period which was projected over the…
Mobile Phone (Smartphone) LED Market - Rising Smartphone Average Costs Along Wit …
Mobile phone LEDs are used as small illumination source for various purposes such as backlight display, camera flash and keypad illumination. Display panels are the surfaces used for display and control components which acts as the direct interface for the human/machine interaction.
LED applications in mobile phones have expanded over the years. Conventional mobile phone application field mainly include keyboard backlighting and displays. Over the years, the smartphone shipments have grown…
Smartphone Trends In Asia: The Rise Of Domestic Brands In Southeast Asias Smartp …
Summary
Domestic mobile handset manufacturers are rapidly gaining a strong foothold in Southeast Asian countries with their feature-rich devices at much more affordable prices compared global vendors such as Apple, Samsung and Microsoft. Domestic smartphone vendors have enjoyed significant success in the Philippines and Indonesia on the back of low-cost devices accompanied with offers on entertainment and social media content and applications. Filipino vendor Cherry Mobile offers 4G mobile at $299,…
