Cellular Telephones Global Market Report 2024

Description

“Cellular Telephones Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on cellular telephones market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
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Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for cellular telephones? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The cellular telephones market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Type: Smartphone; Feature Phone
2) By Age-Group: Under 18 Years Old; 18-45 Years Old; 45-60 Years Old; Above 60 Years Old
3) By Distribution channel: OEM; Retailer; E-commerce
Companies Mentioned: Samsung Electronics Co. Ltd.; Apple; Huawei; LG Electronics; Lenovo
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A cellular telephone is a telecommunications system that involves a portable or mobile radio transmitter and receiver, connected via microwave radio frequencies to base stations, facilitating the user's connection to a standard telephone network.

The primary product categories of cellular telephones consist of smartphones and feature phones. Smartphones are advanced cellular devices with enhanced functionalities akin to computers, featuring touchscreen interfaces, internet access, and operating systems. Cellular telephones cater to diverse age groups, including those aged 18 years and older, 18-45 years old, 45-60 years old, and individuals above 60 years old. These devices are distributed through original equipment manufacturers (OEMs), retailers, and e-commerce channels.

The cellular telephones market research report is one of a series of new reports from The Business Research Company that provides cellular telephones market statistics, including cellular telephones industry global market size, regional shares, competitors with a cellular telephones market share, detailed cellular telephones market segments, market trends and opportunities, and any further data you may need to thrive in the cellular telephones industry. These cellular telephones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cellular telephones market size has grown strongly in recent years. It will grow from $419.79 billion in 2023 to $453.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth observed during the historical period can be attributed to factors such as the rising consumer demand, the expansion of global connectivity, and the proliferation of mobile apps and ecosystems.

The cellular telephones market size is expected to see strong growth in the next few years. It will grow to $648.43 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The anticipated growth in the forecast period can be attributed to factors such as the adoption of 5G technology, the Internet of Things (IoT), emerging markets, the increasing prevalence of remote work and digital transformation, and growing environmental concerns. Key trends expected in the forecast period encompass the development of foldable and flexible displays, the integration of augmented and virtual reality technologies, advancements in AI and machine learning, and a heightened focus on security and privacy.

The cellular telephones market is experiencing growth driven by an increase in disposable income. With rising incomes, cellular phones have become a household necessity due to their numerous benefits, including connectivity, productivity applications, entertainment, and education. The increased affordability, coupled with higher disposable income, has empowered individuals to purchase smartphones. For example, data from TRADING ECONOMICS reveals that in the United States, disposable personal income increased from $18,700.30 in August to $18,771.60 in September 2022, reflecting the positive impact of increased disposable income on the cellular telephones market.

The cellular telephone market is expected to benefit from the growth in mobile connections. This growth pertains to the number of active SIM cards or phone lines that access cellular networks for voice calls, texting, and data services. Cellular telephones enable users to establish mobile connections, facilitating communication and data access. In February 2023, Uswitch Limited reported that the UK witnessed 71.8 million mobile connections in 2022, a 3.8% increase compared to the previous year. This surge in mobile connections is a driving force behind the cellular telephone market.

Market uncertainty resulting from government stability and policies can impact the import of raw materials essential for manufacturing cellular phones, thereby having a negative influence on the market. Government policy uncertainties stemming from trade agreement cancellations may prompt companies to reduce import volumes to control costs or raise prices for finished products due to increased expenses. For example, the USA's withdrawal from the Trans-Pacific Partnership (TPP) trade deal and the imposition of $250 billion in tariffs on imported Chinese products by the US government indirectly affected consumers and households, hindering the growth of the cellular telephones market.

Companies in the cellular telephones market are introducing technological advancements in processors to enhance the customer experience. Smartphones are now equipped with 7nm (nanometer) processors that offer increased speed, improved power efficiency, and support for 5G technology. In 2021, Samsung introduced its Galaxy F62 smartphones featuring 7nm Exynos 9825 processors to deliver fast performance and power efficiency, catering to the preferences of young consumers.

Major companies operating in the cellular telephones market are launching affordable devices, like the Jio Bharat cell phone, to accelerate digital transformation and provide high-speed internet access to a wider population. The Jio Bharat cell phone is a feature phone designed to grant users access to the 4G network. For instance, in July 2023, Reliance Jio, an India-based telecommunications company, introduced the Jio Bharat device, an affordable feature phone aimed at expanding access to the superior Jio 4G network, aligning with their '2G Mukt Bharat' vision, and making quality network services more accessible to a broader audience.

Major companies operating in the cellular telephones market include Samsung Electronics Co. Ltd., Apple, Huawei, LG Electronics, Lenovo, Xiaomi, OPPO, Vivo, Motorola Mobility Holdings Inc., TCL Corporation, Research In Motion Limited, Sony Mobile Communications Inc., ZTE Corporation, Nokia, HTC Corporation, Others, Xiaomi, Gionee, LeEco/Coolpad, Micromax Informatics Ltd., Ericsson

Asia-Pacific was the largest region in the cellular telephones market in 2023. Western Europe was the second largest region in the cellular telephones market. The regions covered in the cellular telephones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the cellular telephones market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The cellular telephones market consists of sales of equipment such as cellular telephones, which use radio waves over a networked area (cells) and is served through a cell site or base station at a fixed location, enabling calls to transmit wirelessly over a wide range, to a fixed landline or via the internet. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9079

1. Executive Summary

2. Cellular Telephones Market Characteristics

3. Cellular Telephones Market Trends And Strategies

4. Cellular Telephones Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Cellular Telephones Market Size and Growth

5.1. Global Cellular Telephones Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Cellular Telephones Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Cellular Telephones Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Cellular Telephones Market Segmentation

6.1. Global Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Smartphone
Feature Phone
6.2. Global Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Under 18 Years Old
18-45 Years Old
45-60 Years Old
Above 60 Years Old
6.3. Global Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
OEM (Original Equipment Manufacturer)
Retailer
E-commerce

7. Cellular Telephones Market Regional And Country Analysis

7.1. Global Cellular Telephones Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Cellular Telephones Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Cellular Telephones Market

8.1. Asia-Pacific Cellular Telephones Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Cellular Telephones Market

9.1. China Cellular Telephones Market Overview
9.2. China Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Cellular Telephones Market

10.1. India Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Cellular Telephones Market

11.1. Japan Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Cellular Telephones Market

12.1. Australia Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Cellular Telephones Market

13.1. Indonesia Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Cellular Telephones Market

14.1. South Korea Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Cellular Telephones Market

15.1. Western Europe Cellular Telephones Market Overview
15.2. Western Europe Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Cellular Telephones Market

16.1. UK Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Cellular Telephones Market

17.1. Germany Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Cellular Telephones Market

18.5. France Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Cellular Telephones Market

19.9. Italy Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Cellular Telephones Market

20.13. Spain Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Cellular Telephones Market

21.1. Eastern Europe Cellular Telephones Market Overview
21.2. Eastern Europe Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Cellular Telephones Market

22.1. Russia Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Cellular Telephones Market

23.1. North America Cellular Telephones Market Overview
23.2. North America Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Cellular Telephones Market

24.1. USA Cellular Telephones Market Overview
24.2. USA Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Cellular Telephones Market

25.1. Canada Cellular Telephones Market Overview
25.2. Canada Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Cellular Telephones Market

26.1. South America Cellular Telephones Market Overview
26.2. South America Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Cellular Telephones Market

27.1. Brazil Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Cellular Telephones Market

28.1. Middle East Cellular Telephones Market Overview
28.2. Middle East Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Cellular Telephones Market

29.1. Africa Cellular Telephones Market Overview
29.2. Africa Cellular Telephones Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Cellular Telephones Market, Segmentation By Age-Group, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Cellular Telephones Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Cellular Telephones Market Competitive Landscape And Company Profiles

30.1. Cellular Telephones Market Competitive Landscape
30.2. Cellular Telephones Market Company Profiles
- 30.2.1. Samsung Electronics Co. Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Apple
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Huawei
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. LG Electronics
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Lenovo
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Cellular Telephones Market Competitive Benchmarking

32. Global Cellular Telephones Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Cellular Telephones Market

34. Cellular Telephones Market Future Outlook and Potential Analysis

34.1 Cellular Telephones Market In 2028 - Countries Offering Most New Opportunities
34.2 Cellular Telephones Market In 2028 - Segments Offering Most New Opportunities
34.3 Cellular Telephones Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer