MarketResearch.biz, in its upcoming report titled, “Global Voice and Data 3G Smartphone Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026”, offers in-depth insights, revenue details, and other vital information regarding the global voice and data 3G smartphones market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report also offers insightful and detailed information regarding the various key players operating in the global voice and data 3G smartphones market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report has been segmented on the basis of device type, operating system, and region. The global voice and data 3G smartphones market was valued at US$ X trillion in 2016, and is expected to reach US$ X.X trillion at a high double-digit CAGR of XX.X% over the forecast period. A smartphone is a mobile phone that performs various computer functions, and it possesses a touchscreen interface, internet access, and an operating system capable of running downloaded apps. 3G smartphones use third-generation wireless technologies such as UMTS or CDMA2000. 3G technology enables faster data transmission speeds, greater network capacity, and more advanced network services. 3G is mostly used with mobile phones and handsets as a means to connect the phone to the internet or other IP networks in order to make voice and video calls, to download and upload data, and to surf the web. Increase in usage of mobile internet, decrease in cost of devices and services, and emergence of faster network technology are major factors boosting growth of the global voice & data 3G smartphone market. Also, IPTV support and video-conferencing support are some other factors to drive growth of the global voice & data 3G smartphone market during forecast period. However, data and identity theft issue is major factor to hamper growth of the global voice & data 3G smartphone market. Also, usage of multiple frequencies for rolling out 3G is expected to restrain growth of the global voice and data 3G smartphone market during forecast period. Growth in internet penetration offers major opportunity for market expansion during forecast period. North America accounts for largest revenue contribution to the global voice and data 3G smartphone market, followed by market in Europe. This is attributed to growing internet penetration coupled with increase technological advancements in wireless technologies in the regions. However, the Asia Pacific market is projected to register highest CAGR in terms of revenue during the forecast period. Global voice and data 3G smartphone market segmentation by device type:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Samsung Electronics Co., Ltd.
- Apple Inc.
- Huawei Technologies Co. Ltd.
- Lenovo Group Limited
- LG Electronics Inc.
- TCL Communication Technology Holdings Ltd.
- ZTE Corporation
- Bluebank Communication Technology Co. Ltd.
- Sony Mobile Communications Inc.
- Spice Mobility Limited
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