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Smartphone Market, by Operating System (Android, iOS, Windows, Blackberry operating system, and Other (Sailfish, Tizen, and Ubuntu)), by Distribution Channel (OEM, Retailer, and e-commerce), and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>
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SMARTPHONE MARKET ANALYSIS Smartphone Market, by Operating System (Android, iOS, Windows, Blackberry operating system, and Other (Sailfish, Tizen, and Ubuntu)), by Distribution Channel (OEM, Retailer, and e-commerce), and by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Market Overview The global smartphone market is estimated to account for US$ 8, 15,356.1 Mn in terms of value and 1,794.7 Mn Units in terms of volume by the end of 2019 Market Drivers • Increasing disposable income worldwide is expected to drive growth of the global smartphone market during the forecast period • Increasing investment by manufacturers in R&D is expected to propel the global smartphone market growth over the forecast period • Growing use of Long-term Evolution (LTE) is expected to boost the global smartphone market growth during the forecast period
Market Dynamics- Restraints • Saturation in high-end markets is expected to restrain growth of the global smartphone market during the forecast period • Lack of standard industry policy related to voice/video chat transfer in LTE network is expected to hamper the global smartphone market growth over the forecast period
Market Opportunities • Growing internet penetration worldwide is expected to present major growth opportunities in the near future • Increasing younger population globally is expected to pose lucrative business opportunities for market players
Market Trends • North America Trends • Aggressive approach over consumer retention and acquisition • Western Europe Trends • Growing preference for premium smartphones
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