Increased consumer spending across regions has driven the sales of Smartphone markers for years.
Apple’s iOS has about 19 percent of the market … OPPO takes top spot in Southeast Asia market share Q2 2020 The report was done by Counterpoint Research where it shows OPPO becoming the top vendor in the region with a market share of 20.3%. Smartphones used for industrial purposes or otherwise known as rugged phones are not considered in the scope.Report scope can be customized per your requirements. Some of the recent developments in the market are:1.1 Study Assumptions and Market Definition,4.5 Industry Attractiveness - Porter's Five Force Analysis,4.5.2 Bargaining Power of Buyers/Consumers,5.1.4 Others (Blackberry, Sailfish, Tizen),5.3.1 Premium segment (USD 400 and above).6.1.4 Vivo Communication Technology Co. Ltd.6.1.6 Guangdong OPPO Mobile Telecommunications Corp., Ltd,9. Huawei ranked second position with a 17.8% share of the global smartphone market despite a decline in shipments of 17.1% year over year in the quarter. The Smartphones Market is segmented by Operating System (Android, iOS, Windows), Distribution Channel (OEM, Retailer, e-Commerce), Price Range (Premium Phones (USD 400 and above), Mid-range Phones, Budged Phones), and Geography.The smartphone market was valued at USD 714.96 billion in 2019 and is expected to reach USD 1351.8 billion by 2025, at a CAGR of 11.2% over the forecast period 2020 - 2025. Most of these players keep launching new models with small technology changes such as battery power, camera configuration and/processor. “The smartphone market in Indonesia is the best in Southeast Asia,” said Yudistira Nugroho, a senior industry analyst at Tech & Telco Google Indonesia in Jakarta, Wednesday (05/8), adding […] The growth of the market is, however, plateauing, considering intense penetration levels. Worldwide smartphone vendors shipped a total of 276.4 million units during the second quarter of 2020 (2020Q2), resulting in a decline 16.6% YoY when compared to the 331.7 million units shipped in the second quarter of 2019 making it the largest annual (year over year) decline ever.Program Vice President, Worldwide Mobile Device Trackers.This was mostly due to the global economic crisis, rising unemployment, & job uncertainties that have pushed consumers to spend cautiously to essential & affordable products only. For instance, 91% of U.S. households own smartphones and are packed with vital features at different price points.Smartphones, with strong hardware capabilities, extensive mobile operating systems, facilitating wider software applications, internet, and multimedia functionality (music, videos, and gaming), alongside core phone functions such as voice calls and text messaging, are considered in the scope. With the arrival of the iPhone 6 (and 6 Plus), this may be a good time to review smartphone market share and usage share trends around the … The region houses a significant number of smartphone makers such as Huawei Technologies Co., Ltd., Samsung Electronics, Vivo Communication Technology Co. Ltd., Xiaomi Corporation, which together hold the lion’s share in the overall smartphone market. Also, increase in consumer spending around devices like PCs, monitors, & video game consoles, which are less mobile than a smartphone, is expected to take some share of the consumer spend that would have been put towards smartphone upgrades and 5G.Low- to Mid-Range Smartphones Dominate Worldwide Smartphone Forecast with the Fastest Growth Expected in $400-600 Price Band, According to IDC,Hearables Propel the Wearables Market in the Second Quarter in Response to New Demands and Opportunities, According to IDC,Global Smartphone Shipments Expected to Drop Nearly 10% in 2020, But a Strong 5G Push Is Expected to Bring the Market Back to Growth in 2021, According to IDC.
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