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Smartphone market to grow at a CAGR of 8.1% between year 2015 to 2019

A smartphone is a mobile device with more advanced functionalities and features compared to cellphones.

 A smartphone's hardware and software specifications are meant to perform functions such as web browsing, capturing high-quality images, and playing HD videos.

A smartphone can install various applications that can perform several advanced functions. Smartphones have become popular because of their many capabilities and are often used for communication and online activities.

Advances in technology have led to smartphones being more compact and cheaper than other mobile devices such as tablets, phablets and PDAs.

Global Smartphone market to grow at a CAGR of 8.1 percent over the period 2015-2019

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Smartphone market for the period 2015-2019. The report considers shipment of smartphones of trailing 3 quarters and estimates the shipment for fourth quarter for the year 2014.

To calculate the market size, the report considers the revenue generated from the total unit shipment of smartphones. It also includes the shipments of phablets to arrive at the total market size for the base year 2014.

However, the report does not consider the following to estimate the market size:

Aftermarket sales of smartphones
Sales of accessories and peripherals for smartphones
Sales of mobile handsets that are classified as feature phones and tablets

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Key Regions


Key Vendors

Huawei Technologies
Lenovo Group
LG Electronics
Samsung Electronics

Other Prominent Vendors

TCL Communication Technology

Market Driver

Declining ASP of Smartphone
For a full, detailed list, view our report

Market Challenge

Security Threats
For a full, detailed list, view our report

Market Trend

Increasing Demand for Large Screen-size Cellphones
For a full, detailed list, view our report

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