Smartphone Market Volume to Reach 1.83 Billion Units by 2019 Growing at 7.1% CAGR
Worldwide Smartphone Market Forecast, 2015-2019 research report says while China is expected to occupy a lion’s share of global smartphone market at over 30% in 2015, its share however is predicted to fall below 30% in 2016 and thereafter.
This report presents worldwide mobile phone market forecast, including a review of recent years and a smartphone market forecast for the period 2015-2019, with breakdowns by system technology and region. It also examines mobile phone market volume and market share by system technology for all the world’s main regions separately, including North America, Latin America, Western Europe,Eastern Europe, Middle East and Africa, China, and Asia Pacific (including Japan). The report finds that the worldwide mobile phone market is anticipated to see 4.8% year-on-year growth in 2015, while smartphone market that touched 31.5% year-on-year growth last year is to slow down to 11.3% in 2015. Looking at smartphone market share by region, while China is expected to occupy a lion’s share of over 30% in 2015, its share however is predicted to fall below 30% in 2016 and thereafter. By 2019, the market volume is projected to reach around 1.83 billion units, registering a CAGR of 7.1% over the period 2014-2019.
Companies covered in the worldwide smartphone market report for 2015-2019 include Apple, Blackberry, Google, Huawei, Lenovo, Qualcomm, Samsung, Microsoft, Xiaomi and ZTE. Major points covered as a part of table of content for this report include worldwide mobile phone market by device type, 2012-2019, worldwide mobile phone market share by device type, 2012-2019, worldwide smartphone market by region, 2012-2019, worldwide smartphone market share by region, 2012-2019, worldwide smartphone market by price point, 2012-2019, worldwide smartphone market share by price point, 2012-2019, worldwide smartphone market by operating system, 2012-2019, worldwide smartphone market share by operating system, 2012-2019,intelligence insights and research scope and definitions.
On the same lines, another research titled Global Smartphone Market 2015-2019 forecasts an 8.1% CAGR for the industry during 2014-2019. The report considers shipment of smartphones of trailing 3 quarters and estimates the shipment for fourth quarter for the year 2014. To calculate the smartphone market size, the report considers the revenue generated from the total unit shipment of smartphones. It also includes the shipments of phablets to arrive at the total market size for the base year 2014. However, the report does not consider the following to estimate the market size: Aftermarket sales of smartphones, Sales of accessories and peripherals for smartphones and Sales of mobile handsets that are classified as feature phones and tablets.
This research says The APAC region has emerged as a driving force behind the increase in smartphone sales, as the price of smartphones in the region have declined significantly, and are expected to fall even further by 2019. The market is witnessing a trend towards larger screen sizes, with many top smartphones sporting screens ranging from five to seven inches. Due to the consumption of a large amount of content online, consumers are demanding bigger and better displays, which are expected to fuel the global smartphone market in the coming years. With the emergence of new technologies such as cloud computing, virtualization, and deployment of next-generation LTE wireless networks such as 3G and 4G, consumers are actively browsing the internet, playing games, and watching videos on their smartphones, driving the demand for smartphones worldwide.
Apple Inc., Huawei Technologies Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Samsung Electronics Co. Ltd., ASUS, Coolpad, Gionee, HTC, Micromax, OnePlus, Sony, TCL Communication Technology, Xiaomi and ZTE are the companies mentioned in this research available here.
Complete report on worldwide smartphone market spread across 16 pages and covering 10 companies while providing data for 2012-2019 available here.