PUBLISHER: Lucintel | PRODUCT CODE: 1417108
PUBLISHER: Lucintel | PRODUCT CODE: 1417108
The future of the global 5G smartphone market looks promising with opportunities in the online sales and offline sales markets. The global 5G smartphone market is expected to reach an estimated $2673.3 billion by 2030 with a CAGR of 87.5% from 2024 to 2030. The major drivers for this market are increasing need for huge connectivity, ultra-low latency, and ultra-high bandwidth, growing need for integrated internet of things (IoT) applications, like energy management and smart home goods, to have high-speed data connectivity, and rising trend of fleet management operations, medical equipment, and cars connected to smartphones.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global 5G smartphone by operating system, sales channel, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G smartphone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G smartphone companies profiled in this report include-
Lucintel forecasts that android will remain the largest segment over the forecast period because of low prices, a large range of application compatibility, and simplicity of usage, as well as the devices that are lightweight and simple to use are what most consumers want.
APAC will remain the largest region over the forecast period due to large consumer base, especially in china and india, that is interested in smartphones, and the goal of the region's manufacturers is to appeal to middle-class consumers by launching low-cost smartphone series.
Market Size Estimates: 5G smartphone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: 5G smartphone market size by operating system, sales channel, and region in terms of value ($B).
Regional Analysis: 5G smartphone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different operating system, sales channel, and regions for the 5G smartphone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G smartphone market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the 5G smartphone market size?
Answer: The global 5G smartphone market is expected to reach an estimated $2673.3 billion by 2030.
Q2. What is the growth forecast for 5G smartphone market?
Answer: The global 5G smartphone market is expected to grow with a CAGR of 87.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the 5G smartphone market?
Answer: The major drivers for this market are increasing need for huge connectivity, ultra-low latency, and ultra-high bandwidth, growing need for integrated internet of things (IoT) applications, like energy management and smart home goods, to have high-speed data connectivity and rising trend of fleet management operations, medical equipment, and cars connected to smartphones.
Q4. What are the major segments for 5G smartphone market?
Answer: The future of the 5G smartphone market looks promising with opportunities in the online sales and offline sales markets.
Q5. Who are the key 5G smartphone market companies?
Answer: Some of the key 5G smartphone companies are as follows.
Q6. Which 5G smartphone market segment will be the largest in future?
Answer: Lucintel forecasts that android will remain the largest segment over the forecast period because of low prices, a large range of application compatibility, and simplicity of usage, as well as the devices that are lightweight and simple to use are what most consumers want.
Q7. In 5G smartphone market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to large consumer base, especially in china and india, that is interested in smartphones, and the goal of the region's manufacturers is to appeal to middle-class consumers by launching low-cost smartphone series.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.