Smartphone Market is estimated to be US$ 514.32 million by 2030 with a CAGR of 6.5% during the forecast period
Smartphone market accounted for US$ 275.80 million in 2020 and
is estimated to be US$ 514.32 million by 2030 and is anticipated to register a
CAGR of 6.5%.
The report “Smartphone Market in India, By Type (Application Analytics, Campaign
Analytics, and Service Analytics) - Trends, Analysis and Forecast till 2030”.
Key Highlights:
·
On February 19, 2020, Samsung announced the launch its most
premium smartphone in a series of Galaxy A71- its newest addition to the
popular Galaxy a Series. Powered with Samsung’s meaningful innovations, the new
Galaxy A71 comes with a powerful processor and long-lasting battery to
complement the needs of consumer’s on-the-go.
·
On October 22, 2019, The grand finale of OPPO PUBG MOBILE
India Tour witnessed two days of intense gaming sessions with Team “Revenge
eSports” emerging victorious and walking away with the prize of INR 50,00,000.
Analyst View:
Market Growth Drivers
·
Rising
Smartphone Trade Campaign in India
·
Constant
reduction in prices of smartphones
Opportunities and Trends
·
Rising
Smartphone Trade Campaign in India
·
Rising
impact of social media platforms
Key Market Insights from the
report:
The global Smartphone market accounted for US$ 275.80 million in
2020 and is estimated to be US$ 514.32 million by 2030 and is anticipated to
register a CAGR of 6.5% . The market
report has been on the basis of type.
·
By type, the
mobile analytics market was dominated, and it is expected to reach high. In the
current market scenario, mobile advertising is responsible for the largest
share of digital advertising. For instance, Instagram's ad expenditure is
increasing and brands more willing to up spend on the platform.
To know the upcoming trends and insights prevalent in this market,
click the link below:
https://www.prophecymarketinsights.com/market_insight/Smartphone-Market-4189
Competitive Landscape:
The prominent player operating in the smartphone
market in India includes Apple
India Private Limited, Lava International Limited, Lenovo (India) Private
Limited, Micromax Informatics Limited, Motorola Solutions India Private
Limited, Oppo Mobiles India Private Limited, Samsung India Electronics Private
Limited, Sony India Private Limited, Vivo Mobile India Private Limited, Xiaomi
Technology India Private Limited.
The market provides detailed information
regarding industrial base, productivity, strengths, manufacturers, and recent
trends which will help companies enlarge the businesses and promote financial
growth. Furthermore, the report exhibits dynamic factors including segments,
sub-segments, regional marketplaces, competition, dominant key players, and
market forecasts. In addition, the market includes recent collaborations, mergers,
acquisitions, and partnerships along with regulatory framework across different
regions impacting the market trajectory. Recent technological advances and
innovations influencing the market are included into the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market
research, analytics, marketing/business strategy, and solutions that offers
strategic and tactical support to clients for making well-informed business
decisions and to identify and achieve high-value opportunities in the target
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provide the best possible solutions to overcome them and transform their
business.
Some Important Points Answered in this Market
Report Are Given Below:
·
Explains an overview of the product portfolio, including
product development, planning, and positioning
·
Explains details about key operational strategies with focus
on R&D strategies, corporate structure, localization strategies, production
capabilities, and financial performance of various companies.
·
Detailed analysis of the market revenue over the forecasted
period.
·
Examining various outlooks of the market with the help of
Porter’s five forces Analysis, PEST & SWOT Analysis.
·
Study on the segments that are anticipated to dominate the
market.
·
Study on the regional analysis that is expected to register
the highest growth over the forecast period.
To know more
Contact Us:
Sales
Prophecy
Market Insights
Email- sales@prophecymarketinsights.com
Website- www.prophecymarketinsights.com
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