This IDC study presents the updated five-year forecast for smartphone shipments worldwide by device vendors. The worldwide smartphone market will reach a total of 1.49 billion units shipped in 2017, up 1.2% from the 1.47 billion units shipped in 2016. From there, shipments will reach 1.71 billion units in 2021, the final year of our forecast period, resulting in a CAGR of 3.0%."2017 has brought a plethora of high-priced feature-rich smartphones to the market that has given consumers a wealth of options at the new ultra-high-end segment of the smartphone market," said Anthony Scarsella, research manager with IDC's Mobile Phones team. "The latest flagship devices from Samsung, Apple, Google, LG, and others have pushed the high end to the $850+ level for the first time. Despite these price hikes, consumers look as if they are willing to swallow the cost just to have the latest and greatest device in their pockets. Although many consumers may not be able to afford these devices in more price-sensitive markets, programs such as device financing combined with trade-in policies are making these devices more attainable to buyers in some markets. This growth at the ultra-high-end segment translates to higher average selling prices (ASPs) for smartphones throughout the forecast period. By 2021, the last year of our forecast, smartphones will reach an ASP of $317.12, up from $282.49 in 2016, representing a CAGR of 2.3%."
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The global wireless gigabit market size is estimated at USD 19 million in 2021. It is projected to reach USD 70 million by 2026; it is expected to grow at a CAGR of 29.8% from 2021 to 2026. The increasing need for faster data transfer, coupled with the advantages of the 60 GHz frequency band such as unlicensed availability, high-speed data...
This IDC study examines the worldwide and U.S. enterprise mobility management services (EMMS) market for 2020-2025. A five-year growth forecast for this market is shown for the 2021-2025 period."The value proposition of managed mobility services was highlighted last year during the quickly changing business and economic environments," says...
472 pages •
By Global Industry Analysts
• Apr 2021
- Global Mobile Value Added Services (MVAS) Market to Reach $998.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Mobile Value Added Services (MVAS) estimated at US$479.2 Billion in the year 2020, is projected to reach a revised size of US$998.4 Billion by 2027, growing at a CAGR of 11.1%...
161 pages •
By Global Industry Analysts
• Apr 2021
- Global Mobile Computing Market to Reach $488.6 Billion by 2027
- Amid the COVID-19 crisis, the global market for Mobile Computing estimated at US$396.4 Billion in the year 2020, is projected to reach a revised size of US$488.6 Billion by 2027, growing at a CAGR of 3% over the analysis period 2020-2027....
The test and measurement equipment market is expected to grow at a CAGR of 3.7% from USD 27.7 billion in 2021 to USD 33.3 billion. Increasing demand of test and measurement equipment products in the healthcare and IT & telecommunications industry will drive the market. Test and measurement equipment market for repair services/...
Oil and Gas 4.0 - Underlying Technologies, Use Cases and Telco Positioning Strategies
“Oil and Gas 4.0 - Underlying Technologies, Use Cases and Telco Positioning Strategies” is a new Global Outlook Report that provides an executive-level overview of the Oil & Gas 4.0 market. It delivers...
The 5G Industrial IOT market size is projected to grow from USD 0.5 billion in 2020 to USD 15.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 79.1% during the forecast period. The major factors driving the growth of the 5G Industrial IOT market include growth in data traffic due to increasing number of IoT devices across manufacturing...
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5G market in the aviation sector is expected to register a healthy CAGR of over 7.7% during the forecast period (2021 - 2026). 5G technology is starting to appear in a few cities and on a few consumer devices, and the phrase itself is stirring up excitement across aviation industries. - The fifth-generation cellular network standard...
The small cell networks market was valued at USD 3.34 billion in 2020; it is expected to reach USD 10.96 billion by 2026 and witness a CAGR of 26.82% over the forecast period from 2021 - 2026. The rapidly growing number of IoT devices and the capability of a small cell network to offer direct connectivity among those devices is increasing...
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