Phablets Market Definition
A phablet is a bit bigger than smartphones and is small pocket-sized device that can be held in one hand, with a touch screen ranging in size from 5 inches to 7 inches. Phablets typically use 3G, 4G or 5G networks for cellular calls and are also Wi-Fi-enabled devices. A phablet has all the features of a tablet and smartphones such as a touch screen, a virtual keyboard, a mobile operating system and browser, an integrated camera/webcam and customized apps. Phablets are most popular for playing games, for example in South Korea the most popular app store generates 68 percent of revenue from video games and for those who don’t want PC gaming solutions the large screen phablets are a leading choice. Especially in urban Asia-Pacific is crowded with mass transit systems, phablets act as all-in-one devices that combine the feature and functionality of a smartphone, portable gaming device, tablet, and PC.
The market study is broken down by Type (Android and IOS), by Application (Personal Use and Commercial) and major geographies with country level splits.
Research Analyst at AMA estimates that Asian Players will contribute to the maximum growth of Global Phablets market throughout the predicted period.
Apple Inc. (United States), Google (United States), HTC (Taiwan), Huawei Technologies Co., Ltd. (China), Lenovo (Hong Kong), Samsung Electronics (South Korea), Sony Corporation (Japan), HP (United States), LG Electronics (South Korea), Xiaomi (China), Xolo (India), Micromax Informatics Ltd. (India), Motorola, Inc. (United States), ASUS, Inc. (Taiwan), Dell, Inc. (United States), ZTE Corporation (China) and Oppo (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Phablets market by Type, Application and Region.
On the basis of geography, the market of Phablets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sizes, the sub-segment i.e. 5 Inches-5.4 Inches will boost the Phablets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. 3G will boost the Phablets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Phablets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On January 8, 2020 - Maxis and Huawei signed a Memorandum of Understanding (MoU). Through the collaboration, both companies will work together to deliver 4G and 5G capacity solutions for an unmatched personalized experience, innovation in 5G network design, deployment and operating efficiencies. and On November 13, 2020 - ASUS has announced the opening of a new corporate headquarters campus in Taipei. An expansion of the existing ASUS headquarters. Headquarters expansion features LEED v4 for Building Design and Construction (BD+C) Platinum-certified building, highlighting the ASUS commitment to sustainability
- Phablet screens move to higher resolution, the data required for video or gaming is increasing sharply. Device manufacturers are thinking about how best to use screen real estate, especially within the context of the operating system. Specific features that make the most of the screen size, such as user interface (UI) components optimize for single-handed usage or custom input devices such as styluses are helpful to create a refined and appropriate user experience.
- Technological Advancement in the Display Quality
- Rising Demand for Phablets because of Fast Processors and Plenty of Storage
- Increasing Demand for Phablets in Developing Countries
Key Target AudienceManufacturers of Phablets, Suppliers of Phablets, Wholesalers, Distributors and Retailers of Phablets, Electronic Industry and Raw Material Providers
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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