Posted On : Feb 17, 2020
Updated On : Feb 17, 2020
Expires On : Apr 07, 2020
Global Smartphone Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of X8.X1% during forecast period of 2020 to 2027. Key Market Drivers and Trends In terms of revenue, the global smartphone market is anticipated to witness a drastic incremental growth and has huge opportunities, during the forecast timespan. In today’s time Smartphones have become the most integral part of every day’s life for almost more than half of the population around the globe. Around the globe, Smartphones are the most demanded electronic devices owing to a change in the lifestyle of people, where owning a smartphone is not just a necessity but has become a norm. The probability of consumer spending on media, entertainment and networking and mobile communication has increased due to rising disposable income, paying capacity for such purposes & huge attraction towards smartphones.
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