Smartphone Market Size to Grow by 464.20 million units| Growing Adoption of AI in Smartphones to Boost Market Growth | 17,000+ Technavio Research Reports - PR Newswire

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To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

Market Driver: The growing adoption of AI will influence the market positively over the forecast period. AI is used in smartphones to offer features such as facial recognition and augmented reality (AR). Smartphone vendors are investing in R&D to ensure that they offer the best user experience using AI. Vendors such as Apple Inc. (Apple), Samsung Electronics Co. Ltd. (Samsung), and Huawei Investment & Holding Co. Ltd. (Huawei) have introduced AI-based chips on smartphones that can perform multiple operations per second and use significantly less power to perform these tasks.
Market Challenge: Ongoing trade wars will emerge as one of the key factors limiting the market's growth during the forecast period. Smartphone vendors are investing a significant amount of money in international shipments to capture the global market. However, government interventions in various countries, such as a trade ban, can affect the global smartphone market. For instance, the US and China are closely linked through the supply chain for electronic products, including smartphones. The imposition of tariffs by the Federal Government of the US and the Government of China has negatively impacted the supply of smartphones in both countries.

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Key Market Dynamics:

The smartphone market report is segmented by Technology (Android, iOS, and Others), Screen Size (between 5-6 inches, greater than 6 inches, and less than 5 inches), price range (between $150-$800, less than $150, and greater than $800), and Geography (APAC, Europe, North America, MEA, and South America).

The android technology segment held the largest smartphone market share in 2020. The Android OS has been gaining popularity among consumers globally owing to the availability of a variety of features. There are more than 2.5 million apps in the Google Play Store, where users can download various apps as per their requirements. Various features of the Android OS include smart reply for all messaging apps, focus mode options, Wi-Fi sharing via QR codes, and Google Assistant. These benefits will drive the market growth.
Price range segment between $150-$800 will account for the largest share in 2020. The segment covers mid-range smartphones. Mid-range smartphone vendors cater to the customers that are more concerned about the value for money proposition. These vendors provide customers with various necessary features at a reasonable price range.
APAC will be the leading region with 54% of the market's growth during the forecast period. China and India are the key markets for smartphones in APAC. Market growth in this region will be faster than the growth of the market in Europe and North America. Rising disposable income, development of telecom infrastructure, the emergence of budget-centric smartphones, and an increasing number of product launches will facilitate the smartphone market growth in APAC over the forecast period.

View our sample report for additional insights into the contribution of all the segments and regional opportunities

Some Companies Mentioned

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.
ZTE Corp.

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Smartphone RF Power Amplifier Market by Application and Geography - Forecast and Analysis 2022-2026

Smartphone Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of over 6%
Market growth 2021-2025	464.20 million units
Market structure	Fragmented
YoY growth (%)	5.50
Regional analysis	APAC, Europe, North America, MEA, and South America
Performing market contribution	APAC at 54%
Key consumer countries	China, India, US, Brazil, UK, and Russian Federation
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	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.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Technology

Market segments
Comparison by Technology
Android - Market size and forecast 2020-2025
iOS - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Market opportunity by Technology

Market Segmentation by Price Range

Market segments
Comparison by Price range
Between $150-$800 - Market size and forecast 2020-2025
Less than $150 - Market size and forecast 2020-2025
Greater than $800 - Market size and forecast 2020-2025
Market opportunity by Price range

Market Segmentation by Screen Size

Market segments
Comparison by Screen Size
Between 5-6 inches - Market size and forecast 2020-2025
Greater than 6 inches - Market size and forecast 2020-2025
Less than 5 inches - Market size and forecast 2020-2025
Market opportunity by Screen Size

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Alphabet Inc.
Apple Inc.
BBK Electronics Corp. Ltd.
HTC Corp.
Huawei Investment & Holding Co. Ltd.
LG Electronics Inc.
Nokia Corp.
Samsung Electronics Co. Ltd.
Sony Corp.
ZTE Corp.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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 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.

Contact
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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Smartphone Market Size to Grow by 464.20 million units| Growing Adoption of AI in Smartphones to Boost Market Growth | 17,000+ Technavio Research Reports - PR Newswire

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