Albany, NY -- (SBWIRE) -- 07/24/2017 -- Smartphones have become a basic necessity and an integral part of the lives of almost all individuals worldwide. A smartphone is a mobile phone that functions like a computer. It typically has a touchscreen interface, Internet access, and an OS that can run application software or apps that are integrated with other devices and sensors to provide users information on a real-time basis. Smartphones can be used to perform applications, including making calls, instant messaging, taking pictures and videos, browsing the Internet, carrying out financial transactions, creating presentations, and analyzing data. Almost 10 years ago, performing these functions without a computer were considered impossible.
The global smartphone market to grow at a CAGR of 6.04% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global smartphone market for 2017-2021. To calculate the market size, the report considers the shipments, sales, volume, and value..
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Smartphone Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Apple
- Samsung
- Huawei
- OPPO
- Vivo
- Xiaomi
- Lenovo
- LG Electronics
- Sony
- ZTE
Other prominent vendors
- ASUSTeK Computer
- BlackBerry
- Gionee Communication Equipment
- Google
- Micromax
- Microsoft
- Nokia
- OnePlus
- Panasonic
Market driver
- Rising income levels and increasing consumer spending in emerging markets
- For a full, detailed list, view our report
Market challenge
- Developed countries reaching market saturation
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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