Post Covid-19 Update:Smartphone Market To Reach USD 2590.5 Billion By 2027 | CAGR 19.8% — Forencis Research

  • According to the new market research report “Smartphone Market by Operating System (Android, iOS, Windows, Others), by Type (Entry-Level Smartphone, Performance Smartphone, Media-Centric Smartphone (Gaming Smartphone, Music Smartphone, Camera Smartphone, Navigation Smartphone)), by Input Method (Touchscreen, Keypad), by Distribution Channel (OEM, Retailer, E-Commerce), by Application (Personal, Professional), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) — Global Forecast (2020 to 2027)”, the global Smartphone market is estimated to reach USD 2590.5 Billion by 2027 at a CAGR of around 19.8% during the review period.
  • Smartphone allows various key applications than only phone calls and text messages. Smartphones can browse the Internet and run the software program such as computer.
  • There are lot of smartphones are running on different operating systems. Some popular operating systems are Android, iOS, and Windows among others.
  • Smartphone uses flash memory to store applications and data. The flash memory is usually built into the phone and non-removable. Some smartphones may also have a flash memory card slot, often designed for an SD card, allowing users to utilize external storage.
  • Increasing use of mobile Internet, increasing population, and increasing disposable income in developing countries are expected to drive the market during the forecast period.
  • However, data identity and data security threats are expected to hinder the growth of the market during growth period.
  • Rapid technological advancements in wireless technologies, hardware and software updating are expected to become an opportunity for the smartphone market during projected years.
  • Asia-Pacific
  • North America
  • Apple Inc.:
  • SAMSUNG:

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DataBridge Market Research

DataBridge Market Research

28 Followers

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach