![]() ![]() This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. The detailed information is based on current trends and historic milestones. This section also provides the scope of different segments and applications that can potentially influence the market in the future. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. Global Enterprise DECT Phones Market: Drivers and Restrains The research report has incorporated the analysis of different factors that augment the marketâs growth. Market Analysis and Insights: Global Enterprise DECT Phones Market The global Enterprise DECT Phones market was valued at USD million in 2019 and it is expected to reach USD million by the end of 2026, growing at a CAGR of Percent during 2021-2026. ![]() Intense competition over price in the Asian market, as a result of continuous influx of new players, and product over crowding, has brought innovations, such as, bluetooth features, color/wide screens, IP/SIP support, to the fore, thereby driving the demand for DECT phones market in the region. However, developing markets such as Asia-Pacific, Latin America and Eastern Europe remains the focal point for future growth. As stated by the new market research report on Enterprise DECT Phones market, Europe continues to be the largest regional market. Fierce competition simmering in most industrial sectors worldwide is pushing forward the business case for enhanced enterprise mobility thus indirectly driving growth for DECT phones. Superior advantages of DECT phones, over traditional cordless phones, such as greater security, mobility, superior audio quality of speech, reduced signal interference with other electronic and wireless devices, coupled with several value added functionalities, have endeared this communication device as an indispensable piece of technology in companies. Funkwerk Enterprise Communications GmbHĭigital Enhanced Cordless Telecommunications (DECT) phones, especially in the corporate world have withstood the test of time and the challenges posed by numerous other enterprise mobile communication technologies.A diminished Nokia was once hard to imagine, but a failure to keep ahead of those that were innovating and changing the face of the smartphone market saw the company left behind. Nokia’s decline serves as a reminder that keeping ahead of the development curve is crucial in an industry at the forefront of tech innovation. While the market has two fairly consistent leaders, Until the first quarter of 2011, Nokia was the leading smartphone vendor worldwide with a 24 percent market share. ![]() Xiaomi’s smartphone market share in Europe, for example, has increased from 10 percent in the first quarter of 2020 to as high as 24 percent in the second and third quarters of 2021. Other Chinese manufacturers have primarily filled the gap left by Huawei’s decline. Huawei once had a solid hold on this position, even leading the market for a brief period, but the trade restrictions have taken a heavy toll on the Chinese smartphone manufacturer. The back and forth between Apple and Samsung is typical at the top end of the market, but the fight for the remaining places among the top five vendors is hotly contested. Samsung and Apple tend to swap places at the top of the smartphone market, with Apple smartphone sales typically peaking in the last quarter of the year. Samsung held 23.4 percent of the global smartphone market share in the first quarter of 2022. As of 2021, smartphone users are using an estimated 6.23 billion smartphone subscriptions, which is expected to climb to 7.7 billion by 2027.Īpple and Samsung lead a competitive field With many people using more than one smartphone, the actual number of smartphone subscriptions exceeds the number of smartphone users. Smartphone shipments worldwide are projected to add up to around 1.43 billion units in 2022.īy the end of 2020, 78.05 percent of the world’s population were smartphone users. The smartphone industry has been steadily developing and growing since 2008, both in market size and in number of models and vendors. Smartphones: a rapid integration with everyday life ![]()
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