Global 5G-Enabled Smartphone Market Overview:
5G enable smart phone are smartphones with 5G cellular Network technology. 5G phones are anticipated to support super speeds of up to 10 Gbps as well as the network is advertised to be 100 times faster than 4G. High speed data connection will help to boost global 5G enable smartphones market. These smartphones are used for video call, voice communication, high speed information transmission and others. 5G enabled smart phone may be launch in the 2019. Some of the players profiled in the study are Xiaomi (China), LG (South Korea), Huawei (China), ZTE (China), Samsung (South Korea), Vivo (China), Apple (United States), Oppo (China), Ericsson (Sweden), Nokia Corp (Finland) and Lenovo (Hong Cong).
On the basis of geography, the market of 5G-Enabled Smartphone 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, Finland, Sweden, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the 5G-Enabled Smartphone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Demand of 5G Technology Due To Reduced Latency
- Adoption Due To Features Such As Large Network Coverage and Energy Saving
- High Adoption Due To Massive Device Connectivity
- Growing Demand for High Speed Data
- Interruption in Standardization of Spectrum Allocation
- Threat of Substitutes
- Increasing Opportunity in Developing Countries
Key Market Developments:
On 3rd December 2018, Samsung a United States based global leader of smartphone provider and Verizon are partnered to lunch next generation cellular technology 5G enabled smart phones in 2019.
On 6th December 2018, One Plus a leading smartphone providers has announced that they are planning to launch 5G enable smartphone in 2019.
Network Technology 5G is recently introduced in the market so there are no such officially register companies for providing 5G enable smartphones. Whenever smartphone providers launch their 5G enable smartphones. So that 5G enable smartphone market shows competitive rivalry in worldwide in upcoming year.
5G enabled Smart phone Manufactures, 5G enabled Smart phone Suppliers/Distributors, Technology Developers, Industry Associations and Experts, Private Research Organizations and Consulting Companies, Industry Associations, Government Market Research and Consulting Firm and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global 5G-Enabled Smartphone market on the basis of product [Smart Phone and Tablet Phone] , application [Video Call, Voice Communication, High Speed Information Transmission and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the 5G-Enabled Smartphone market with respect to major geographies, namely, 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, Finland, Sweden, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the 5G-Enabled Smartphone industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Sony (Japan), Asus (Taiwan), HTC (Taiwan) and Verizon Communications (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the 5G-Enabled Smartphone market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.