Overview
The Smartphone Market Analysis is projected to grow at a CAGR of 16.4% during the forecast period. As per the smartphone market research report, the global market for smartphones is projected to grow swiftly by US$2297.8 billion by 2025.
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Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for smartphones are predominantly covered in the global Smartphone Market Share research report. Country-level smartphone markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level smartphone markets are covered in the report. In Asia-Pacific (APAC) region, the country-level smartphone markets covered are Japan, India, China, and others. The smartphone market research report also explores the regional market for smartphones present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The smartphone market research report also covers regional markets from the rest of the world alongside smartphone markets of Africa and the Middle East.
Competitive Landscape
Incorporating new technologies and launch of new and updated products are presumed to drive the smartphone market growth worldwide. The global smartphone market could be challenged by trade wars among regional markets, nevertheless, organizations in the smartphone market will carry the growth rate forward. The smartphone market research report presents company profiles of major companies active in the smartphone market globally. Furthermore, the global smartphone market report offers an all-inclusive analysis of the market collected from the smartphone market’s primary and secondary sources covering both decision makers and thought leaders. The smartphone market research report highlights such key areas assisting businesses operating in the smartphone market to build better growth strategies.
Industry News
A study reveals that, after lower than anticipated shipments in 2020, ASUS attempted to reposition its smartphone division. The study reports, by citing industry sources, that in Q3 2020, ASUS posted revenues of some US17.8 million for older models and USD42 million for new models. ASUS seems to blame the pandemic for not meeting its goals as part of a scarcity aspect, but ASUS plans to reverse its collapse.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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