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Classified in: Science and technology, Covid-19 virus
Subject: MRR

464.20 million units growth in Smartphone Market - COVID-19 Impact Analysis and Forecast | Technavio Partnering with over 100 Fortune 500 Companies


NEW YORK, Sept. 20, 2021 /PRNewswire/ -- The smartphone market is poised to grow by 464.20 million units during 2021-2025, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Enterprises will go through the Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19

Impact of COVID-19
This pandemic-focused report highlights the impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior during 2020. Technavio analysts have curated the reports extensively through both qualitative and quantitative research methodologies to derive the most industry-relevant and business-relevant outcomes.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., BBK Electronics Corp. Ltd., HTC Corp., LG Electronics Inc., Nokia Corp., Samsung Electronics Co. Ltd., Sony Corp., Huawei Investment & Holding Co. Ltd., and ZTE Corp. are some of the major market participants. In a bid to help players strengthen their market foothold, this smartphone market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

The growing adoption of AI in smartphones, increasing adoption of premium smartphones in emerging countries, and increasing investments in the global smartphone market will offer immense growth opportunities. However, concerns associated with security and privacy are likely to pose a challenge for the market vendors.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Smartphone Market 2021-2025: Segmentation

Smartphone Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample:

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Smartphone Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smartphone market report covers the following areas:

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Smartphone Market 2021-2025: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Technology

Market Segmentation by Price Range

Market Segmentation by Screen Size

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio


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