Deerfield Beach, FL -- (SBWIRE) -- 09/03/2015 -- Global Smartphone Market 2013-2020

The global smart-phone market is expected to reach USD 698.4 billion by 2020, with a CAGR of 11.2%. The global Smart-Phone Market is dominated by Asia-Pacific region with 40.7% market share, followed by Europe with 32.2% market share. Global smart-phone shipment is expected to reach 2,968.9 million units by 2020. So far, increasing usage of mobile internet and services in major European and Asian countries such as UK, Germany, India, China, Indonesia and South Korea is driving the growth of global smart-phone market. In addition, fall in average selling price of smart-phones is expected to fuel the growth of the market over the forecast period. However, decreasing demand of smart-phones in matured countries such as Japan and U.S. is expected to hinder the growth of smart-phone market to some extent from 2014 through 2020.

Smart-phone providers have been following price differentiation as their key market strategy to outperform their competitors. Some of the major players in global smart-phone market include Samsung Electronics Company Ltd., Apple Inc., Sony Corporation, Nokia Oyj, Micromax Informatics Ltd., LG Electronics Inc., Huawei Technologies Co. Ltd., OPPO Electronics Corp., Beijing Xiaomi Technology Co. Ltd. and Lenovo Group Ltd among others. Among all the key players, Samsung Electronics, Nokia Oyj, Apple Inc., Xiaomi Technology Co. Ltd. and LG Electronics Inc. collectively accounted for more than 50% of overall market share in 2013.

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Table of Contents

1. Abstract
1.1. Executive Summary
1.2. Scope of the Report
1.3. Market Research Methodology

2. Market Landscape
2.1. Market Overview
2.2. Market Growth Drivers and Restraints
2.3. Market trends

3. Market Size and Forecast by Revenue
3.1. Market Size and Forecast by Volume
3.2. Porter's Five Forces Analysis

4. Competitive landscape
4.1. Value chain Analysis

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Asian Smartphones Market 2013-2020

The Asian smartphone market represents half of the global smartphone market. China and India are expected to consume 52.0% of the total Smartphone Market in future. Asian market is forecast to have over of 1,000 million shipments by the end of 2018. Major part of those units will be consumed mainly by China and India alone. Companies such as Xiaomi and Micromax in Asia challenge dominance of Korean giant, Samsung. Local players are planning to launch low cost 3G and 4G enabled smartphones. This new trend has impacted the growth of Asian smartphone market. Rising demand, growing economy and tech-savvy young population are the major drivers of the smartphone market in Asia. Asian smartphone market has experiencing a shift from feature phones to smartphones. Thus, penetration rate of smartphones is likely to grow rapidly as there are millions of new users in the market who are increasingly adopting smartphones.

The potential of Asian market will attract many players and thus the market is expected to face fierce competition in the near future. Samsung, Apple, Lenovo, Nokia, Sony, Xiaomi, Micromax are the leading brands in Asian market at present. Thoroughly analyzed segmentation of the Asian smartphone market along with accurate numbers will give you a complete idea about Asian smartphone market.

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Table of Contents

1. Executive Summary
1.1 Scope of the Report
1.2 Market Research Methodology
1.3 Executive Summary

2. Market Landscape
2.1 Market Overview
2.2 Market Growth Drivers and Restraints
2.3 Market Trends

3. Market Size
3.1 Market Size and Forecast by Revenue
3.2 Market Size and Forecast by Volume
3.3 Porter's Five Forces Analysis

4. Competitive Landscape
4.1 Business Models
4.2 Value Chain Analysis

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