Smartphone market segmentation And the impact could still be seen as of 2023. 0% between 2024 and 2032, reaching USD 6. Smartphone Market Segmentation Overview: Given below is the segmentation of the market-Smartphone Type Outlook . Fig. 13140 Mar 21, 2024 · Custom Market Insights [220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of India Smartphone Market size & share revenue was Smartphone Market Segmentation Overview: Given below is the segmentation of the market-Smartphone Type Outlook . 85 billion by 2029, growing at a CAGR of 4. 8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 129. Market segmentation can be said to be a component of market research that seeks to identify targeted groups of consumers with the aim of tailoring products and branding in a way that is attractive to the group. Oct 1, 2019 · Market segmentation plays an important role in the product diversification. 1. Global smartphone market was valued at US$ 724. dollars in 2024. 3% during the forecast period. Smartphone market in India - Segmentation 6. 7 Bn by 2030, growing at a CAGR of 7. 4 Bn by 2030, expanding at a CAGR of around 7% during, 2022 – 2030. The global 5g smartphone market size was valued at $18 billion in 2022, and is projected to reach $13633. Segmentation: The smartphone market in China can be segmented based on price range, brand positioning, screen size, camera capabilities, and connectivity options. Among all these regions, North India held a significant market share of India smartphone Market in 2022 and is expected to grow at a significant pace during the forecast period. Chen et al. The market is expected to grow at a CAGR of 2. May 1, 2014 · The concept of market segmentation is introduced by Smith (1956). The largest segment by price range in the smartphone market is typically the mid-range segment holding a market share of 41%, which includes devices priced between $200 to $600. 50% during the forecast period (2024 - 2032). By region, India Smartphones market is segmented into North India, South India, East India, and West India. The market segmentation The concept of market segmentation was firstly introduced by Smith (1956) as a method to focus on different preference and desire of consumers in creating a more satisfying offer. Request a Free Sample to learn more about this report; The global smartphone market size is expected to be USD 1885. 2% from 2024 to 2031. Dual SIM Smartphone MARKET SEGMENTATION. May 1, 2014 · While customer segmentation for mobile services is typically based on demographics and reported use, smartphone measurement software enables to add directly observed user behavior. . A smartphone with 5G technology enables advanced access to web-based resources and other digital features. This segmentation provides CXOs with a granular understanding of the market and the . Jun 12, 2022 · OPPO has a long history of being first, as evidenced by its invention of the world’s first rotating camera smartphone in 2013, the launch of the world’s thinnest smartphone in 2014, the introduction of 5X Zoom “Periscope” camera technology, and the development of the first 5G commercial smartphone in Europe. Based on the time the smartphone market is bifurcated into media-centric smartphones, entry-level smartphones, and performance smartphones. Aug 30, 2024 · During the same period, smartphones from the super-premium segment of 800 dollars and more accounted for seven percent of the market. In this type, customers are segmented based on their geographic location. The market sizes and forecasts regarding value (USD) for all the above segments are provided. 73 billion by 2032. The global smartphone market size reached a volume of 1322. Luxury and ultra-premium smartphones. 51 billion in 2024, and is expected to reach USD 1. Dec 2, 2024 · The global smartphone market size was valued at USD 457. Figure 2: India Smartphone Market Value Chain Analysis, Figure 3: Company Market Share Analysis, 2020 . 1 day ago · The Smartphone Music Production Software Market encompasses the development and distribution of applications that enable users to create, edit, and produce music directly on their smartphones. 54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5. A smartphone is a type of mobile phone that differs from a feature phone in terms of hardware and software capabilities, as well as a variety of mobile operating systems. Our report has categorized the market based on operating system, display technology, RAM capacity, price range, and distribution channel. The smartphone market size was valued USD 457. Smartphones have become essential for accessing online services, reinforcing their importance in the market. 38 million by 2031, exhibiting a CAGR of 5. In recent years, mobile service usage increase rapidly following the emerging use India Smartphone Market Segmentation: IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2024-2032. India Smartphone Market: Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030) 4. 1. Our report has categorized the market based on the operating system, display technology, ram capacity, price range and distribution channel. 6)”. There are an endless number of ways you can segment your audiences, but most of them fall into one of these four main categories of customer segmentation: Demographic segmentation divides the market based on variables such as age, gender, income, education, and occupation. Indeed, “goods can no KEY MARKET INSIGHTS. Mid-range smartphones. 13. The COVID-19 Pandemic Impact on India Smartphone Market 4. , for instance, mainly targets the developed markets that include the USA, Canada, the UK, and Japan, among other rich countries. Smartphones Market was valued at USD 273. For example, a business could divide its target market based on age and make use of distinct messaging for Baby Boomers and Millennials. [10] studied the smartphone market with rich functionality and multi-interaction characteristics where the customer’s interaction Global Foldable Smartphone Market Report Segmentation. May 19, 2024 · Market segmentation: The report segments the flagship smartphone market by operating systems, specifications and performance, price tiers, camera features, display technologies, brands and manufacturers, connectivity and 5G, market trends, and region. The report provides key statistics on the market status of the leading smartphones market players and offers key trends and opportunities in the smartphones market. Smartphones Market, By Segmentation Historical Analysis 2017-2022 and Forecast 2023-2032 (USD million) By Operating System. Targeting is the process of identifying certain groups of people to be product and service customers. Growing efforts by several companies to increase the production of 5G smartphones, increasing smartphone adoption and demand for better connectivity, and government’s supportive initiatives for high-speed network connectivity are expected to provide enormous growth opportunities for India 5G Smartphone Market during the forecast period between 2022 and 2030. , 2011). 295 (Volume3, Issue5) Available online at www. 32 million units by 2032. 9 Bn in 2020 is expected to reach US$ 1,425. 8 billion in 2030, at a CAGR of 4%. 5 Billion in 2022. 10% during the forecast period (2024-2029). Market Research . 7 billion units in 2019 and is expected to reach a volume of 14,942. Premium smartphones. 17 million units from 2023 to 2027 at a CAGR of 3%, with the between USD 150-USD 800 segment having the largest market share. MARKET SEGMENTATION 5G Smartphone Market Statistics, 2032. Research on Market Segmentation Strategy of Smart Phone College Students Segmentation is the process of splitting a population into distinct groups based on shared traits. The Global Smartphone Market was valued at USD 507. 3) Samsung targets young people, professionals, and university students across a wide range of income levels and family sizes in over 61 countries worldwide. Samsung. A slowdown in the global smartphone market in 2019, and the impact of the coronavirus pandemic from 2020, disrupted smartphone sales in India. Try for Free. Jan 5, 2022 · Mobile behavioral analytics and behavioral segmentation. The Smartphones Market size is estimated at USD 1. This explorative paper develops customer segmentation on relevant metrics from the perspective of network operators, handset manufacturers, and application developers. Android; iOS; Windows; Other Operating Nov 25, 2024 · Smartphone Market Report Overview. the adoption of smartphone as whole product has not been explored enough (Aldhaban, 2012; Kang et al. In demographic segmentation, Samsung showcases remarkable versatility. Different consumer segments have varying preferences and requirements, leading to a diverse range of smartphone offerings in the market. During the forecast period of 2024-2032, the market is projected to grow at a CAGR of 3. Market Research Reports - Industry Analysis Size & Trends - Technavio The global 5G smartphone market size was valued at USD 12. Sep 1, 2020 · Samsung Galaxy’s Note20 and Galaxy Note20 Ultra. 55% from 2024 to 2032. 98 million in 2023 to an estimated USD 875,224. 15 Bn in 2024 and is expected to reach US$ 974. The smartphone market is segmented by operating system (Android, iOS) and geography (North America, Europe, China, Asia-Pacific (excluding China), Latin America, GCC, and Africa). 5% during the forecast period (2021-2027). US Smartphones Market Overview:. See full list on marketdataforecast. 5% to attain a volume of around 1802. 3. The iPhone led the super-premium segment with 68 percent of Market size and growth forecast based on shipment volume (2020 - 2027e) 5. Apple Inc. 2. Pakistan Smartphone Market Competition 2023. This method helps Figure 1: India Smartphone Market Segmentation . ISSN: 2454-132X Impact factor: 4. with Special References to Mobile Phones Abhishek Bajaj ITM University Raipur aniketkhatwani57@gmail. [11] Research Model . Questionnaire Design . However, the entry-premium, mid-premium, and premium segments have registered growth, and the average selling price of the smartphone has risen to US$253 or approx Rs 21,068. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. The proposed method can be used to achieve a good segmentation for smartphone users, which will provide a new understanding of customer heterogeneity beyond the traditional demographic dimensions. Pakistan Smartphone market currently, in 2023, has witnessed an HHI of 7135, Which has decreased moderately as compared to the HHI of 10000 in 2017. Smartphone consumers generate consumption motivation by perceiving external stimulus variables. India Smartphone Market Size and Forecast, By Product (2023-2030) 4. Android: Android smartphones, prepared with AI competencies, offer a variety of customizable functions and are known for his or her flexibility and compatibility with numerous apps and devices. The market is further categorized into three segments based The global smartphones market is expected to witness high growth during the forecast period. The Australia smartphones market size reached USD 5. Report Overview. Analysis of Government Schemes and Initiatives For India Smartphone Market 3. India Smartphone Market: Regional Analysis. The Dual SIM Smartphone market is a rapidly growing segment in the mobile industry, with multiple factors driving its revenue growth. 51 billion in 2025 to USD 1. The Smartphone market industry is projected to grow from USD 62. The Global Smartphone Market is estimated to be valued at US$ 681. There is a vital number of research papers which have studied customer’s behavioral segmentation in various domains and industries such as the telecommunication market. 2 Smartphone market segmentation model . Sep 2, 2020 · Smartphone manufacturers segment the market on the basis of geographic locations as they target the global market. 3 billion by 2032, growing at a CAGR of 94% from 2022 to 2032. Oct 1, 2019 · In the past research, many works have focused on customer segmentation for a specific user market based on traditional segmentation theories or proposed novel multiple segmentation attributes. It attained a market volume of 18. Smartphone Market in India 2018 SAMPLESmartphone operating systems 6 Major smartphone platforms • The platform is designed with competent security features, and is compatible with iPhone, iPad, and iPod • xx Apple iOS Google Android • The Android OS was primarily released for smartphones, and was eventually introduced to tablets, and other devices • xx Windows 10 Mobile • This is Jul 25, 2017 · In this market research report, Technavio covers the market outlook and growth prospects of the global smartphone market for 2017-2021. 59 billion in 2023. Based on type the global market can be categorized into android, iOS. Category-wise Insights: Samsung is facing a dilemma of whether to prioritize market share or profitability in smartphones. Apr 1, 2019 · 6. 6 billion units by 2027 5 days ago · The Four Main Categories of Customer Segmentation. Global Smartphone Market Segmentation: By Price Range. Quarter-wise smartphone shipment volume (2020 Q2 - 2022 Q2) 5. 66 million by 2032, with a compound annual growth rate (CAGR) of 6. By Operating System, the Android segment dominated the market with an 84. 51 billion by 2029, exhibiting a CAGR of 7. Key Takeaways: Jun 13, 2023 · Market segmentation involves dividing the target market into smaller groups based on shared characteristics such as age, income, personality traits, behavior, interests, needs, or location. Jan 1, 2019 · An Empirical Study on China's Smartphone Market Segmentation [J]. This market includes a range of software solutions, from digital audio workstations to synthesizers and beat-making tools, catering to both amateur Oct 29, 2024 · The global smartphone market size was valued at USD 1. com Abstract: Market Segmentation refers to dividing a broad target market into subsets of Michael porter’s five competitive forces and generic strategies, market segmentation strategy and case study of competition in global smartphone manufacturing industry October 2018 DOI: 10. Entry-level smartphones. Market Segmentation of Samsung Demographic Segmentation. 4 Billion in 2023 to USD 70. 3 % share in 2022. Therefore, this paper establishes the following smartphone market segmentation model. Feb 27, 2012 · This paper explores the use of market segmentation on the perspective of actors in mobile ecosystem which are network operator, handset manufacturer and application provider and explores the interaction that may exist between each actor by analyzing the relation between the resulted segments of each perspective. “Market segmentation involves viewing a heterogeneous market as a number of smaller homogeneous markets, in response to differing preferences, attributable to the desires of consumers for more precise satisfaction on their varying wants (p. S. Losing market share would be difficult to recover from, so Samsung cannot risk losing its position as a market leader. Smartphone Market size is estimated to grow by 226. The report analyzes the smartphone market size, share, trends, and COVID-19 impact by operating system, price range, distribution channel, and region. 3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 1. com A Study on Market Segmentation of Samsung Electronics Ltd. 5% during the forecast period. In comparison to Android, iOS has less flexibility and customizability. Oct 21, 2024 · AI SMARTPHONES MARKET SEGMENTATION By Type. 74 billion by 2033, growing at a CAGR of 7. Australia Smartphones Market Outlook . United States Smartphones Market Size was valued at USD 61. Finally, positioning is the process of selecting the marketing mix that is most suited to the target client category. Market segementation and target market analysis of Infinix smartphones in Nigeria. 1) Samsung segments the mobile phone market based on geographic, demographic, psychographic, and behavioral factors. To differentiate, Samsung needs to Jun 14, 2024 · The smartphone market in the United States is one of the largest in the world, with smartphone sales forecast to reach almost 110 billion U. 4 million in 2022 and is projected to touch USD 2992. Apr 27, 2023 · Geographic market segmentation is the “where” segment of your market. Samsung is the world’s number one smartphone vendor in terms of global unit market share. Modern Telecom Technology, 2012, 42 (11): 33-40. ijariit. 42 million units in 2023. 2 billion in 2021 and is projected to grow USD 982. 2) Behavioral and psychographic segmentation are currently the main strategies used by Samsung. Market share based on type of operating It's an all-inclusive illustration, covering everything from Samsung's market segmentation to its targeting techniques and, ultimately, its market positioning. 9 Bn in 2021 and is projected to reach USD 520. 2. 19% during the forecast period (2025-2033). Smartphone Market Size and Trends. 18 billion in 2021 and is projected to grow from USD 484. 6 Bn by 2027, with a growing CAGR of 11. Smartphone Industry Segmentation: IMARC Group provides an analysis of the key trends in each segment of the global smartphone market report, along with forecasts at the global, regional and country levels from 2025-2033. The smartphone market is maturing and Samsung needs a strategy to target high-end smartphones as the low to mid-range market is crowded. These people will live in the same city or state — perhaps even in the same zip code — and are likely to have similar attitudes, needs, and cultural preferences based on their geography. Market Segmentation of Nov 13, 2024 · The Global Smartphone Market is projected to grow from USD 526,855. 3 Bn in 2021 and is projected to reach USD 729. 48 billion in 2024 and is projected to reach from USD 1. Quarter-on-quarter growth rate of smartphone shipments (2020 Q2 - 2022 Q2) Chapter 6: Market Segmentation 6. Smartphone Market Analysis 2017-2027 by Size, Share, Types, Application, Trends, Industry Overview with Top Company Profiles - AllTheResearch Nov 7, 2023 · The Indian smartphone market remained flat in 2023 with an overall shipment size of 44 million. 6% from 2020 to 2027. Android is more free-form, which translates to a larger phone selection and more OS customization choices once you're up and running. 81 billion in 2022 to USD 792. com IMARC Group provides an analysis of the key trends in each segment of the global smartphone market report, along with forecasts at the global, regional and country levels from 2025-2033. The target market for Dual SIM smartphones comprises individuals or businesses that require two phone numbers for various purposes. It covers the major players, growth drivers, challenges, and market segments in the global smartphone industry. zfecqcl twjepn wclpb ahupemw uox ebpf ckud jruqc uxelau aqim
Smartphone market segmentation. 19% during the forecast period (2025-2033).
