Global Smartphone Market: Key Highlights
Global Smartphone Market: Key Market Dynamics
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Global Smartphone Market: Regional Overview
Asia-Pacific is expected to dominate the smartphone market during forecast period. China, India, and Japan are expected to hold largest market share in Asia-Pacific region. Increasing disposable income, increasing population in India & China will drive the market in this region. Moreover, presence of global players and large presence of telecom industries also increases the smartphone market share in this region.
North America will grow at faster rate during the forecast period due to presence of global players such as Apple Inc. Early adoption of latest technologies such as artificial intelligence, IoT, and 5G and mergers & acquisition with local and regional player will expected to boost the market during projected years. US and Canada will drive the smartphone market in North America.
Global Smartphone Market: Key Players Overview
Apple Inc. is one of the popular organization in provision of various electronic products. The company provide comprehensive set of frameworks for IT to manage every part of the device lifecycle, from integration to deployment and management. The company operates in various business segments: IT and products & platform. In September 2019, Apple Inc. launched iPhone 11 Pro and iPhone 11 Pro Max with stunning pro display, A13 bionic, cutting-edge pro camera system and longest battery.
Samsung Electronics is one of the major player in provision of technology for opening new possibilities for people everywhere. Through relentless innovation and discovery, company is focusing on transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, medical devices, semiconductors and LED solutions. In January 2020, SAMSUNG launched Galaxy A51 in India.
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