The Worldwide Smartphones Industry is Expected to Reach $520.7 Billion by 2030

Dublin, April 04, 2022 (GLOBE NEWSWIRE) -- The "Global Smartphones Market, By Brand, By Operating System, By RAM Size, By Generation, By Screen Size, By Price Range, By Distribution Channel, By Component Hardware, By Component Software, By Region, Estimation & Forecast, 2017 - 2030" report has been added to's offering.

The global Smartphones market was valued at USD 273.9 Billion in 2021 and is forecasted to reach USD 520.7 Billion by the year 2030. The market is anticipated to register a CAGR of 7.6% over the projected period. In 2021, around 1,617.5 million smartphones were estimated to be sold in 2021.

Smartphone consists of an integrated computer and other features, such as web browsing, operating system, as well as the ability to run software applications. Increasing penetration of Internet of Things is expected to boost the market growth. Furthermore, rapid technological advancements is also expected to fuel the market growth. Despite the driving factors, health risks due to prolonged exposure to smartphones are expected to hinder the market growth during the forecast period.

Growth Influencers:

Increasing penetration of IoT

Internet of Things is one of the emerging communication concept which interconnects a variety of devices, including smartphones, with data, processes, and people and enables a seamless communication. Smartphone-enabling technologies, such as Bluetooth, built-in sensors, NFC, and RFID tracking, enables smartphones to be a vital part of IoT world. According to NASSCOM, the number of IoT devices, including smartphones, has increased from 200 million units in 2016 and more than 2.7 billion units in 2020. Hence, increasing penetration of IoT in smartphones is expected to boost the market growth.

Competitive Landscape

Key players operating in the global Smartphones market include ZTE Corp., Samsung Electronics, Huawei Technologies Co., Ltd., Apple Inc., Vivo Communication Technology Co. Ltd., Xiaomi Corporation, Guangdong OPPO Mobile Telecommunications Corp., Ltd, Nokia Corporation, AsusTek Computer Inc., Sony Corporation, Micromax Informatics Ltd., Realme, Panasonic Corp, Motorola, Inc., HTC Corporation, Lenovo Group Limited, BBK Electronics Corp. Ltd., Mobicel, and Transsion Group, among others.

The approximate market share of the major 6 players is more than 65%. These market players are engaged in mergers & acquisitions, collaborations, and new product launches to strengthen their market presence. For instance, in November 2021, ZTE Corporation collaborated with Riedel Communications for deploying custom-made private 5G as a service on a campus network and also to jointly explore the huge potential of 5G networks.

The global Smartphones market report answers questions such as:

  • What is the market size and forecast of the Global Smartphones Market?
  • What are the inhibiting factors and impact of COVID-19 on the Global Smartphones Market during the assessment period?
  • Which are the products/segments/applications/areas to invest in over the assessment period in the Global Smartphones Market?
  • What is the competitive strategic window for opportunities in the Global Smartphones Market?
  • What are the technology trends and regulatory frameworks in the Global Smartphones Market?
  • What is the market share of the leading players in the Global Smartphones Market?
  • What modes and strategic moves are considered favorable for entering the Global Smartphones Market?
  • What are the number of smartphone users worldwide, in Billions? What are the shipments of top selling mobile in Billion?
  • What is the penetration rate of smartphone: U.S. Smartphone Ownership Demographics (%)?

Key Topics Covered:

Chapter 1. Research Framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Smartphone Market

Chapter 4. Global Smartphone Market Overview
4.1. Industry Value Chain Analysis
4.1.1. Developers
4.1.2. Assembling
4.1.3. Marketing and Distribution
4.1.4. Retailers
4.1.5. End Users
4.2. Industry Outlook
4.2.1. No. of Smartphone Users, Worldwide
4.2.2. Penetration Rate of Smartphone
4.2.4. Types of Smartphones Entry-Level Smartphones Performance Smartphones Media-Centric Smartphones Music smartphones Navigation smartphones Gaming smartphones Camera smartphones
4.2.5. Role of Telecom Operators
4.2.6. Aftermarket services (repair & maintenance)
4.2.7. Smartphone Insurance
4.3. PESTLE Analysis
4.4. Porter's Five Forces Analysis
4.5. Market Dynamics and Trends
4.6. Covid-19 Impact Assessment on Market Growth Trend
4.7. Market Growth and Outlook
4.7.1. Market Revenue Estimates and Forecast (US$ Bn), 2017 - 2030
4.7.2. Market Volume Estimates and Forecast (Mn Units), 2017 - 2030
4.7.3. Pricing Analysis
4.8. EXIM Landscape
4.8.1. Top importing countries for Smartphones
4.8.2. Top exporting countries for Smartphones
4.9. Technology Lifecycle
4.9.1. Key Technology Development Milestone Electro-Magnetic Resonance and Magnetic Resonance Technologies
4.10. Competition Dashboard
4.10.1. Market Concentration Rate
4.10.2. Company Market Share Analysis (Value %), 2020
4.10.3. Competitor Mapping
4.10.4. Strategical Overview Marketing Innovation Key Success Factor Collaboration with EMS Low-price Market Competition Mergers and Acquisitions Expansion in Mass Markets

Chapter 5. Smartphone Market - Consumer Behavior Analysis
5.1. Average Replacement Rates
5.2. Consumer Buying Preferences: Smartphone Selection Scenario
5.2.1. Brand
5.2.2. Price
5.2.3. Operating System
5.2.4. Screen Size
5.2.5. RAM
5.2.6. Processor
5.2.7. Camera
5.2.8. Battery Life
5.2.9. Design
5.2.10. Brand Endorsements
5.2.11. Others
5.3. Consumer Demographics
5.3.1. By Age
5.3.2. By Gender
5.3.3. By Income Group
5.3.4. By Lifestyle

Chapter 6. Smartphone Component Market Analysis
6.1. Hardware
6.1.1. Battery
6.1.2. Display Technology LCD LED OLED
6.1.3. System-on-a-chip (SoC)
6.1.4. CPU
6.1.5. Graphics Processing Unit
6.1.6. Memory Management Unit
6.1.7. Connectivity
6.1.8. Modems
6.1.9. Camera
6.1.10. Sensors Accelerometer Gyroscope Digital Compass Ambient Light Sensor Proximity Sensor
6.2. Software
6.2.1. Kernel
6.2.2. Middleware
6.2.3. Application Execution Environment (AEE)
6.2.4. User Interface Framework
6.2.5. Application Suite

Chapter 7. Smartphone Market Analysis, By Brand
7.1. Key Insights
7.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
7.2.1. Apple
7.2.2. Samsung
7.2.3. Xiaomi
7.2.4. Oppo
7.2.5. Huawei
7.2.6. Others

Chapter 8. Smartphone Market Analysis, By Operating System
8.1. Key Insights
8.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
8.2.1. Android
8.2.2. Windows
8.2.3. iOS
8.2.4. Palm OS
8.2.5. Other (Sailfish, Tizen and Blackberry OS)

Chapter 9. Smartphone Market Analysis, By RAM Size
9.1. Key Insights
9.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
9.2.1. Below 2GB
9.2.2. 2GB-4GB
9.2.3. 4GB-8GB
9.2.4. More than 8GB

Chapter 10. Smartphone Market Analysis, By Generation
10.1. Key Insights
10.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
10.2.1. 3G
10.2.2. 4G
10.2.3. 5G

Chapter 11. Smartphone Market Analysis, By Screen Size
11.1. Key Insights
11.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
11.2.1. below 4.0"
11.2.2. 0"-5.0"
11.2.3. Up to 6.0"

Chapter 12. Smartphone Market Analysis, By Price Range
12.1. Key Insights
12.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
12.2.1. < US$ 100
12.2.2. US$ 101 - US$ 200
12.2.3. US$ 201 - US$ 500
12.2.4. > US$ 501

Chapter 13. Smartphone Market Analysis, By Distribution Channel
13.1. Key Insights
13.2. Market Size and Forecast, 2017 - 2030 (US$ Bn and Mn Units)
13.2.1. Online Brand Website E-marketplaces
13.2.2. Offline Multi Brand Store Brand Store

Chapter 14. Smartphone Market Analysis, By Region/ Country

Chapter 15. The US Smartphone Market Analysis

Chapter 16. Canada Smartphone Market Analysis

Chapter 17. Mexico Smartphone Market Analysis

Chapter 18. The U.K. Smartphone Market Analysis

Chapter 19. Germany Smartphone Market Analysis

Chapter 20. France Smartphone Market Analysis

Chapter 21. Italy Smartphone Market Analysis

Chapter 22. Spain Smartphone Market Analysis

Chapter 23. Poland Smartphone Market Analysis

Chapter 24. Russia Smartphone Market Analysis

Chapter 25. China Smartphone Market Analysis

Chapter 26. India Smartphone Market Analysis

Chapter 27. Japan Smartphone Market Analysis

Chapter 28. Australia & New Zealand Smartphone Market Analysis

Chapter 29. ASEAN Smartphone Market Analysis

Chapter 30. UAE Smartphone Market Analysis

Chapter 31. Saudi Arabia Smartphone Market Analysis

Chapter 32. South Africa Smartphone Market Analysis

Chapter 33. Argentina Smartphone Market Analysis

Chapter 34. Brazil Smartphone Market Analysis

Chapter 35. Company Profile
35.1. Sony Corp.
35.2. ZTE Corp.
35.3. Samsung Electronics Apple
35.4. Huawei Technologies Co., Ltd.
35.5. Apple Inc.
35.6. Vivo Communication Technology Co. Ltd.
35.7. Xiaomi Corporation
35.8. Guangdong OPPO Mobile Telecommunications Corp., Ltd.
35.9. Nokia Corporation
35.10. AsusTek Computer Inc.
35.11. Sony Corporation
35.12. Huawei
35.13. Micromax Informatics Ltd.
35.14. Realme
35.15. Panasonic Corp
35.16. Motorola, Inc.
35.17. HTC Corporation
35.18. Lenovo Group Limited
35.19. BBK Electronics Corp. Ltd.
35.20. Mobicel
35.21. Transsion Group

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