Tag: mobile phone market

Mobile Phone Market 2016 global industry analysis and forecast

The market report, titled Mobile Phone Market 2016, is an analytical research done by QY Market Research study based on the Mobile Phone market, which analyzes the competitive framework of the Mobile Phone industry worldwide. This report “Worldwide Mobile Phone Market 2016” build by the usage of efficient methodical tools such SWOT analysis, the Mobile Phone industrial 2016 study offers a comprehensive evaluation worldwide Mobile Phone market.

Do Inquiry About This Report Here: http://goo.gl/YFxwsC

Global Mobile Phone Market 2016 report has Forecasted Compound Annual Growth Rate (CAGR) in % value for particular period, that will help user to take decision based on futuristic chart. Report also includes key players in global Mobile Phone market.

The Mobile Phone market size is estimated in terms of revenue (US$) and production volume in this report. Whereas the Mobile Phone market key segments and the geographical distribution across the globe is also deeply analyzed. Various Mobile Phone market dynamics such as growth drivers, restrictions, and the future prospects of each segment have been discussed in detail. Based on that, the Mobile Phone market report determines the future status of the market globally.

Request For Report Sample Here: http://goo.gl/fu5R5z

This report covers every aspect of the global market for Mobile Phone , starting from the basic market information and advancing further to various significant criteria, based on which, the Mobile Phone market is segmented. Key application areas of Mobile Phone are also assessed on the basis of their performance.

The Mobile Phone industrial chain, existing policies,and rules and regulations are studied in this Mobile Phone Market report. Key manufacturers, their manufacturing chain, products, Mobile Phone market price structures as well as the revenue.

The report also evaluates the production capacity, dynamics of demand and supply, logistics, and the historical performance of the Mobile Phone market worldwide.

Indian mobile phone market share belonging to LG set to rise

The South Korean electronics company is expecting to double its share in the country in 2015.

LG Electronics has announced that it now expects that its mobile phone market share will double in size by the end of the year when it comes to the penetration that it has achieved within India.

This will allow the company’s share of the smartphone market to reach 10 percent by the close of the year.

According to Deepak Jasrotia, the head of LG Electronics’ India business, “Our target is to double the market share in the mobile phone segment to 10 percent from the current four to five percent.” This, following the launch of the LG G4 high end smartphone in Mumbai, last week. At that time, it also said that it has every expectation that it will be able to meet those projected targets, particularly upon examining the rapid rise of smartphone adoption within India, at the moment.

India is the only mobile phone market where smartphone shipments are expected to increase over the next few years.

Mobile Phone Market - India & LG ElectronicsThis, according to the Worldwide Quarterly mobile Phone Tracker results from the International Data Corporation (IDC). Clearly, India is an extremely important marketplace for this type of mobile technology, at the moment, as the rest of the world is expecting its smartphone shipments to level off or even reduce in their growth figures.

At the moment, it is estimated that the smartphone shipments in India will be rising to 13.29 percent by 2019. This, in comparison with the 2015 figures, which is forecasted to be 7.61 percent.

On LG’s side of things, the company believes that it will be selling more than 100,000 units of its LG G4 in India alone, this year, said Jasrotia. The launch price of that particular device is Rs. 51,000 (approx US $800). That said, the electronics manufacturer offers devices that start at a much lower rate of Rs 10,000 (about US $155), which will be an important factor in growing its mobile phone market share. Of all of the devices that LG sells in India, Jasrotia pointed out that mobile is currently making up about 10 percent of its total revenues, there.