Category: Gadgets

Global Smartphone Market Expected to grow at a CAGR of 8.1% During the year 2015

A smartphone is a mobile device with more advanced functionalities and features compared to cellphones.

A smartphone’s hardware and software specifications are meant to perform functions such as web browsing, capturing high-quality images, and playing HD videos.

A smartphone can install various applications that can perform several advanced functions. Smartphones have become popular because of their many capabilities and are often used for communication and online activities. Advances in technology have led to smartphones being more compact and cheaper than other mobile devices such as tablets, phablets and PDAs.

Global Smartphone market to grow at a CAGR of 8.1 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Smartphone market for the period 2015-2019. The report considers shipment of smartphones of trailing 3 quarters and estimates the shipment for fourth quarter for the year 2014. To calculate the market size, the report considers the revenue generated from the total unit shipment of smartphones. It also includes the shipments of phablets to arrive at the total market size for the base year 2014. However, the report does not consider the following to estimate the market size:

  • Aftermarket sales of smartphones
  • Sales of accessories and peripherals for smartphones
  • Sales of mobile handsets that are classified as feature phones and tablets

Our analyst researched the following companies as the key players in the Global Smartphone Market: Apple Inc., Huawei Technologies Co. Ltd., Lenovo Group Ltd., LG Electronics Inc. and Samsung Electronics Co. Ltd.

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Other Prominent Vendors in the market are: ASUS, Coolpad, Gionee, HTC, Micromax, OnePlus, Sony, TCL Communication Technology, Xiaomi and ZTE.

Commenting on the report, an our analyst said: “One of the major trends upcoming in this market is increase in demand for large-screen size Global-Smartphone-Marketsmartphones. With the emergence of new technologies such as cloud computing, virtualization, and deployment of next-generation LTE wireless networks such as 3G and 4G, consumers are actively browsing the internet, playing games, and watching videos on their smartphones, driving the demand for smartphones worldwide.”

According to the report, one of the major drivers of the market is the declining average selling price of smartphones. Smartphone prices have been constantly reducing in the market, which is making them more affordable, and is expected to lead to their increased adoption during the forecast period of 2014-2019.

Further, the report states that one of the key challenges in the market is the high production cost. The intense competition in the market forces smartphone vendors to make large investments that eventually affect profitability. Marketing and R&D are the two major spending areas leading to the high cost of production.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Microsoft’s augmented reality HoloLens headset space mission destroyed

NASA had been sending the device up to the astronauts to provide assistance with a spectrum of tasks.

The new “Project Sidekick” experienced a massive setback on Sunday when the SpaceX Falcon rocket exploded shortly after takeoff.  The intention of the project was to give astronauts a hand by way of augmented reality as NASA sends the HoloLens from Microsoft up into space in order to let people on the ground guide the astronauts through a variety of different complex tasks. It is believed that the devices will be sent again on a later rocket transport.

This use of AR technology could help to simplify the completion of difficult tasks while in orbit.

The idea is to use the HoloLens augmented reality headset to be able to provide the astronauts with additional information directly from people on the ground. This could be very helpful to the astronauts who will not only be able to hear instructions or see text but also see indications as to precisely what buttons they should be pressing, for example. It will also provide the people on the ground with a much clearer understanding of the perspective of the astronauts while they are actually completing the tasks in question.

The first pair of the augmented reality headsets were to be sent to the astronauts on Sunday with a supply rocket.

The two AR mobile gadgets were added to the resupply mission that was flown into space by the private rocket company called SpaceX. Unfortunately, that rocket exploded and was completely destroyed shortly after liftoff. Those who use the wearable technology will be able to see a display of virtual images in an overlay on top of the actual world around them. This device was unveiled by Microsoft as a part of the launch of their next operating system, Windows 10.

According to the International Space Station (ISS) program, Sam Scimemi, “HoloLens and other virtual and mixed reality devices are cutting edge technologies that could help drive future exploration and provide new capabilities to the men and women conducting critical science on the International Space Station.”

He also went on to say that the augmented reality technology may have the ability to “empower future explorers requiring greater autonomy on the journey to Mars.” NASA and the ISS have already been testing out the AR technology devices on the Weightless Wonder C9 jet in order to simulate its performance in a microgravity environment similar to that of the space station.