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Smartphone Aftermarket, by Type (Under warranty and Outside warranty Period), by Sales Channel (Online and Offline), by Applications (Repair and New Phone), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>
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SMARTPHONE AFTERMARKET SIZE, TRENDS, SHARES, INSIGHTS & FORECAST - 2027 ANALYSIS Smartphone Aftermarket, by Type (Under warranty and Outside warranty Period), by Sales Channel (Online and Offline), by Applications (Repair and New Phone), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Factors driving growth of smartphone aftermarket Increasing adoption of repairing services and refurbished smartphones are major factors that are expected to drive the growth of smartphone aftermarket over the forecast period. Demand for smartphone repair services is expected to grow owing to fragile smartphone screens, short battery life, and other parts that make smartphones more susceptible to repair. Further, expensive smartphones are repaired rather than replaced. The smartphone repair industry is expected to experience growth over the forecast period, owing to rise in adoption of expensive smartphones among users.
Regional analysis of the smartphones aftermarket On the basis of the region, smartphone aftermarket is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Among regions, Asia-Pacific is expected to account for the largest market share over the forecast period, owing to presence of larger customer base of smartphones in the region. Further, increasing adoption of e-commerce sites such as amazon is expected to have positive impact on the growth of the smartphone market and subsequently smartphone aftermarket in the region.
Key players in the smartphone aftermarket Key players operating in smartphone aftermarket include Lenovo group Limited, HTC Corporation, Motorola Inc., Micromax Informatics Ltd., Nokia Corporation, Xiaomi Corporation, Apple Inc., Huawei Technologies Co., Ltd., Vivo Communication Technology Co. Ltd., Sony Corporation, Google, Blackberry, One plus Asustek Computer Inc., Lenovo Group Limited, and OPPO Mobile Telecommunications Corp., Ltd,. among others.
Segmentation of smartphone aftermarket Smartphones market is segmented on the basis of type, channel, application, and region. On the basis of type, the market is segmented into: • Under warranty • Outside warranty Period • On the basis of sales channel, the market is segmented into: Online ,Offline
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