Smartphone Market Analysis, growth, Sales Revenue 2027
Market Analysis The global smartphone market will touch USD 2297.8 billion at a favorable 16.4% CAGR by 2025, states the latest Market Research Future (MRFR) report. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/8165 COVID-19 Analysis The COVID-19 outbreak has disrupted the supply and demand balance in the Smartphone Market Forecast . As the global manufacturing center for most of these components and devices rests in China, and due to the nationwide lockdown, the smartphone manufacturing sector has been hit adversely by delayed shipments as well as weakened development of next-generation products. Besides, the country experienced being choked off from suppliers, logistics networks, and suppliers. Also, the demand for smartphones from consumers particularly premium segment has witnessed a fall owing to the tendency of customers in cutting down luxury spending and focusing on essentials during the outbreak. Market Segmentation The global smartphone