Tag: LG

Performance of Worldwide Major Mobile Phone Vendors in 4Q 2016 Displays Remarkable Growth

Albany, New York, February 13, 2017: With the continuous highly competitive environment in the digital world, a lot of mobile vendors are putting so many efforts every year to be the dominant leader in the worldwide mobile market. To analyze the market growth and performance in recent periods, a new study has been published to the online repository of Market Research Hub (MRH), headlined as “Worldwide Major Mobile Phone Vendor Performance in 4Q 2016”.This research study presents worldwide mobile phone shipment volume forecast for the period of 1Q of 2015 to 1Q of 2017 along with a modern quarter review of major mobile phone vendors’ performance.

Browse Full Report with TOC – http://www.marketresearchhub.com/report/worldwide-major-mobile-phone-vendor-performance-4q-2016-report.html

As the world is becoming more digital, the demand for the best-featured smartphone is increasing day by day. Most of the individuals, whether students, businessmen and women etc. are demanding mobile phones which provide them an ease in performing actions. Also, the mobile world continues to change rapidly as new types of devices, services and technologies come and go. It is of highest importance for marketers to stay on top of the ever-changing mobile world. As per the analysis of the third quarter of 2016, three Chinese leading vendors including Huawei, Oppo and BBK Communication Equipment, jointly accounted for 21% of the smartphones sold to users globally. They were the only smartphone vendors in the global top five to boost their sales and market share during this quarter.Mobile Phone Vendors Growth Report

According to the key findings of the report, in the fourth quarter of 2016, vendors have also come up with strong growth. Some of the Chinese brands including Huawei, Oppo and Vivo, global smartphone shipment volume has bolstered with about 490 million units in 3Q of 2016 and also further anticipated to topped about 419 million units in 4Q of 2016. Among these, 370.5 million units of which were smartphones, which witnessed rapid growth, up 5.9% in sequence and 3.6% year-on-year by global demand. The rapid estimation of shipment volume in the smartphones market also represents a 2.9 % year-on-year growth.

Furthermore, it has also been analyzed by the report that growth in key markets such as China was up 18%, in which 50% were iPhone owners. Sales in many developing markets were also up, as India saw the biggest increase among the BRIC countries with 76% growth. The report also analyzes that, Huawei is finishing the gap with Apple. The highly competitive and feature-packed Honor devices maintained their sales drive in the market around the globe and also expected to remain dominant.

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At present, leading vendors in the mobile phone market are Apple, HTC, Microsoft, Nokia, Samsung, Sony Mobile, Huawei, Lenovo, LG, Xiaomi and ZTE.

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients

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Wearable technology trends show disappointing results for smartwatches

There are now tons of options on the market and despite tech company hopes, they’re not taking off.

As the holiday shopping season truly got underway last year, many companies predicted the launch of powerful wearable technology trends. Firms were unveiling devices left, right and center to ensure they had the chance to become the next big thing.

That time brought the entrance of the Apple Watch and Samsung Gear S2, major wearable tech players.

Lenovo, LG and Huawei all stepped in with Google to use Android Wear on their offerings. Each company wanted to add their own device to the wearable technology trends. However, a year later and well into the next holiday shopping season, it’s clear that consumers aren’t impressed. At least, they’re not as impressed as tech firms thought they would be. They’re certainly not ready to pay the hefty price tags for the devices.

Many in the industry feel that wearable technology trends won’t pick up until smartwatches become more convincing.

Wearable Technology Trends - SmartwatchAccording to IDC senior research analyst Jitesh Ubrani, wearable technology companies have yet to give consumers a reason to want to buy. “A lot of what these devices can do, they’re essentially just mimicking the phone.”

As most people already have other mobile devices and certainly have a smartphone, there is little motivation to buy a smartwatch. Currently, people bring their smartphones everywhere they go. As the mobile devices are nearly always in a hand or a pocket, they are not considered inconvenient to use. Therefore, asking people to drop another few hundred dollars after already having spent several hundred on the phone seems too much for many consumers.

These unfortunate wearable technology trends have not been without their casualties. Pebble, for example, announced last week that they were shutting down. That company had been among the first smartwatch companies. It had a loyal following and was able to hold its own against the competition for quite some time. Now, faced with the Apple Watch and offerings from many other giants, even Pebble will be dissolving and selling its software to Fitbit; the leader of the fitness tracker scene.