The report finds that global mobile phone market volume reached 1.96 billion units in 2016 and is estimated to grow by 0.5% to nearly 2 billion units in 2017. The market has dropped to single digits, representing that the market goes through a plateau period. On top of that, MIC predicts that the combined share of smartphones priced at USD300 or below is estimated to hit over 60% in 2017 with most of them running on Android.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.