Mobile Phone Market Size to Grow by 551.42 mn from 2020 to 2025 | Growing Adoption of Smartphones to Drive Growth | Technavio
NEW YORK, Nov. 30, 2021 /PRNewswire/ -- The mobile phone market is expected to grow by 551.42 mn units from 2020 to 2025.
- NEW YORK, Nov. 30, 2021 /PRNewswire/ -- The mobile phone market is expected to grow by 551.42 mn units from 2020 to 2025.
- Some of the primary growth drivers for the mobile phone market are the growing adoption of smartphones, launch of mobile phones with 5G technology, and growing adoption of AI in smartphones, according to Technavio.
- The launch of mobile phones with 5G technology will drive the mobile phone market growth in APAC during the forecast period.
- The mobile phone market is segmented type (smartphone and feature phone) and geography (APAC, Europe, North America, South America, and MEA).