Smartphone Market: Industry Analysis and Forecast (2021-2027) by Operating System, Distribution Channel, Price, and Region

The Smartphone Market size was valued at 1,378.72 Mn. units in 2020 and the total revenue is expected to grow at 12 % through 2021 to 2027, reaching nearly 3,047 Mn. Units.

Smartphone Market Overview:

Phones with facilities such as text messaging, voice calling, camera, gaming, Bluetooth, internet access, etc., are referred to as Smartphone. The excessive production of Smartphone is due to factors such as lower costs, improved design, and functionalities such as mobile browsing and email services, the emergence of new network technologies such as 3G and 4G, improved professional and personal data supervision, and the standardization and upgrade of all operating systems. Smartphone MarketTo know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region. Smartphone Market Users

Smartphone Market Dynamics:

The smartphone penetration rate has continued climbing, reaching 46.5 percent in 2020. Smartphone are the most common and essential electronic devices and it has become a norm. The desire for high-speed data connectivity for integrated IoT applications like energy management and smart home devices is expected to drive 5G smartphone adoption. Iconic design, innovative applications, and increasing use of the internet are driving the growth of the market. The increase in disposable income of the region leading to consumer preference and spending on Smartphone. This factor is expected to drive market growth through the forecast period. Back-end operations such as predictive maintenance, chatbots together with the rising adoption of biometrics are expected to drive the smartphone market growth. From watching digital information to paying for goods and services with our mobile phones, technology is transforming how we access a variety of products and services. In emerging economies, the expansion of mobile internet and smartphone connectivity is offering new and exciting opportunities. Market trends and challenges are analyzed and compiled in the report. The data of 2020 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2016 to 2019 with market forecast until 2027. Smartphone Market End User

Smartphone Market Segment Analysis:

By Operating System, the Android segment dominated the market with an 84.1 % share in 2020. In comparison to Android, iOS has less flexibility and customizability. Android is more free-form, which translates to a larger phone selection and more OS customization choices once you're up and running. Google also provides several development tools, like Android Jetpack, Firebase, and Android SDK, to help developers create a user-friendly experience. Many app developers prefer Android OS to develop gaming/entertainment apps, social media apps, utility mobile apps, and lifestyle apps, among other things, because it demands developers to know languages like C++, Kotlin, and Java, among others. iOS is expected to grow at a CAGR of 3.4 % through the forecast period. Advanced technology, Data security, ease of use, and brand image are factors expected to drive the market growth of iOS systems through the forecast period. Smartphone Market by Operating By Distribution Channel, OEM dominated the market with a 40 % share in 2020. Consumers prefer to buy a smartphone from OEM because of the guarantee of the product and the exclusiveness they offer to the consumer. In various regions like the Asia Pacific where sales do not appear to decline, OEMs are expanding and taking advantage of the market opportunity. E-Commerce is expected to grow at a CAGR of 6.7 % through the forecast period. E-commerce offering various deals and discounts in online shopping culture is expected to boost the market growth. The wide range of availability with colors, brands, the price range of Smartphone in E-commerce is driving the segment growth in the market. Smartphone Market by Channel By Price, Mid End dominated the market with a 38 % share in 2020. Rising unemployment rates and job uncertainty have influenced consumers' buying patterns towards economic and affordable products. Consumers increasingly want a better value proposition from their phones with affordable pricing these factor is driving the market growth of the segment. The low-end segment is expected to grow at a CAGR of 2.7 % through the forecast period. In rural areas, the increase in awareness and adoption of Smartphone is expected to drive segment growth in the market. Rural areas prefer low-end Smartphone as their income is less. Smartphone Market by Type  

Smartphone Market Regional Insights:

Asia Pacific region dominated the market with a 40 % share in 2020. Countries like China, India are the most preferred areas for Technology companies. Rising disposable income and a growing population in this region are key factors contributing to market growth. People in the Asia Pacific are adopting new technology and services at an increasing rate, which is predicted to fuel smartphone demand in the near future. North American and European region is expected to grow at a CAGR of 3.3 % through the forecast period and expected to witness a shipment decline. This is due to the smartphone maturity stage in these regions. Smartphone Market by Region The objective of the report is to present a comprehensive analysis of the Smartphone market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Smartphone market dynamics, structure by analyzing the market segments and project the Smartphone market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Smartphone market make the report investor’s guide.

Smartphone Market Scope: Inquire before buying

Global Smartphone Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: 1,378.72 Mn units.
Forecast Period 2021 to 2027 CAGR: 12% Market Size in 2027: 3,047 Mn units.
Segments Covered: by Operating System • Android • iOS • Others
by Distribution Channel • OEM • Retailers • E-Commerce
by Price • Low End • Mid-Tier • High End

Smartphone Market, by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Smartphone Market Key Players

Apple • OPPO • Panasonic USA • Samsung Electronics • LG Electronics • Nokia • Sony • HTC • ONE PLUS • Huawei Technologies • Motorola Solutions • Google • Microsoft • Lenovo • Other players

FAQ:

1] What segments are covered in the Smartphone Market report? Ans. The segments covered in the Smartphone Market report are based on Operating System, Distribution Channel, and Price. 2] Which region is expected to hold the highest share in the Smartphone Market? Ans. Asia Pacific Region is expected to hold the highest share in the Smartphone Market. 3] What is the market size of the Smartphone Market by 2027? Ans. The market size of the Smartphone Market by 2027 is 3,047 Mn. Units. 4] Who are the top key players in the Smartphone Market? Ans. Apple, OPPO, Panasonic USA, Samsung Electronics, LG Electronics, Nokia, Sony, HTC, ONE PLUS, Huawei Technologies, Motorola Solutions, Google, Microsoft, Lenovo 5] What was the market size of the Smartphone Market in 2020? Ans. The market size of the Smartphone Market in 2020 was 1,378.72 Mn. Units.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Smartphone Market Size, by Market Value (Mn Units.) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis, 2020 3.2.1. 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Smartphone Market 3.4. Geographical Snapshot of the Smartphone Market, By Manufacturer share 4. Smartphone Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The threat of Substitute Operating Systems 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Smartphone Market 5. Supply Side and Demand Side Indicators 6. Smartphone Market Analysis and Forecast, 2020-2027 6.1. Smartphone Market Size & Y-o-Y Growth Analysis. 7. Smartphone Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 7.1.1. Android 7.1.2. iOS 7.1.3. Others 7.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 7.2.1. OEM 7.2.2. Retailers 7.2.3. E-Commerce 7.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 7.3.1. Low End 7.3.2. Mid-Tier 7.3.3. High End 8. Smartphone Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Smartphone Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 9.1.1. Android 9.1.2. iOS 9.1.3. Others 9.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 9.2.1. OEM 9.2.2. Retailers 9.2.3. E-Commerce 9.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 9.3.1. Low End 9.3.2. Mid-Tier 9.3.3. High End 10. North America Smartphone Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Smartphone Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 11.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 12. Canada Smartphone Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 12.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 13. Mexico Smartphone Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 13.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 14. Europe Smartphone Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 14.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 15. Europe Smartphone Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Smartphone Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 16.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 17. France Smartphone Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 17.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 18. Germany Smartphone Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 18.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 19. Italy Smartphone Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 19.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 20. Spain Smartphone Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 20.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 21. Sweden Smartphone Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 21.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 22. CIS Countries Smartphone Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 22.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 23. Rest of Europe Smartphone Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 23.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 24. Asia Pacific Smartphone Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 24.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 25. Asia Pacific Smartphone Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Smartphone Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 26.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 27. India Smartphone Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 27.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 28. Japan Smartphone Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 28.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 29. South Korea Smartphone Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 29.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 30. Australia Smartphone Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 30.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 31. ASEAN Smartphone Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 31.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 32. Rest of Asia Pacific Smartphone Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 32.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 33. Middle East Africa Smartphone Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 33.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 34. Middle East Africa Smartphone Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Smartphone Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 35.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 36. GCC Countries Smartphone Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 36.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 37. Egypt Smartphone Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 37.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 38. Nigeria Smartphone Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 38.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 39. Rest of ME&A Smartphone Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 39.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 40. South America Smartphone Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 40.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 41. South America Smartphone Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Smartphone Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 42.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 42.4. Mark 43. Argentina Smartphone Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 43.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 44. Rest of South America Smartphone Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Operating System, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2020-2027 44.3. Market Size (Value) Estimates & Forecast By Price, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Smartphone Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Prices, and R&D Investment 45.2.2. New Operating System Launches and Operating System Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Samsung 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Operating System Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Apple 45.3.3. OPPO 45.3.4. Panasonic USA 45.3.5. LG Electronics 45.3.6. Nokia 45.3.7. Sony 45.3.8. HTC 45.3.9. ONE PLUS 45.3.10. Huawei Technologies 45.3.11. Motorola Solutions 45.3.12. Google 45.3.13. Microsoft 45.3.14. Lenovo 45.3.15. Other players 46. Primary Key Insights

About This Report

Report ID 43099
Category Information Technology & Telecommunication
Published Date Dec 2019
Updated Date Oct 2021
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