United States Smart Phones Market Overview With around 126 million shipments of the smart phone devices across the country in 2019; the United States Smart Phones Market was valued around at US $77.5 billion in the year 2019, and is projected to reach $xx million by the year 2026, growing at a CAGR of almost 10% during the forecast period.
The report covers the detailed analysis of the United States Smart Phones industry with the classifications of the market on the basis of Operating System, Price Range, Distribution Channel, and city. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player’s contribution in it.
United States Smart Phones Market Introduction
Smart Phones are the mobile devices, which are integrated with maximum functionalities of computing along with the cellular operations. They differ from the regular phones on the basis of their enhanced hardware capabilities and specific mobile applications.
The increased use of handy devices, providing all the features just on a single click and the enhanced wireless network communications are the two major factors responsible for the higher penetration of the smart phones market, worldwide. Moreover, as per the study, the Chinese manufactured smart phones account a share of almost 70% in the United States, as of 2019.
United States Smart Phones Market: Top Key Players
The report has profiled fifteen major brands in the market from different cities. The report also has considered the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each country is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for future estimations in the market.
United States Smart Phones Market revenue
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As per the study, Chinese brands lead the smart phones market across the globe, owing to the low price of the devices as compared to the brands of other countries’ smart phones. Furthermore, it is the Apple Inc. which accounted for a highest market share of almost 49%, as compared to the other brands, operating in United States. However, it is also been observed that the smart phones market in United States is being declined by 6% annually, thanks to the impact of COVID -19 over the economy.
Other Key Players in the United States Market for Smart Phones
COVID – 19 impact on Sales of Smart Phones in the United States
The outbreak of a tiny virus halted every economic activity, due to the various reasons like fear of being lockdown restrictions imposed by various governments, and so on. The smart phone industry was not an exception to it, and was declined almost by 6% in quarter4 of 2020. However, Samsung reported a 24% quarterly growth in the country, due to the launch of its various new Galaxy Series. Also, Apple reported a 14% yearly growth, due to the launch of its iPhone 12 series.
Scope of the United States Smart Phones Market: Inquire before buying
The United States market for Smart Phones is studied under three major segments and further into sub-segments to forecast the market size by value.
United States Smart Phones Market, by Operating System
The smart phones market, on the basis of operating systems is classified into –
• Others (Blackberry, Tizen, etc)
The Android Operating System is expected to witness the highest market share during the forecast period.
United States Smart Phones Market Operating
The Android Operating System accounts for a largest market share in the smart phones category, followed by IOS with a very lesser amount of share in the United States Market specifically. The higher market share of android could be attributed to the launch of Xiaomi android phones, which penetrated the market due to the high range of features at a very low price than the other brands.
United States Smart Phones Market, by Distribution Channel
The United States Smart Phones market, on the basis of distribution channel is classified into –
• Online Distribution Channel
• Offline Distribution Channel
The Online Distribution Channel contributed a relatively larger share in the United States market for Smart Phones, during the year 2020.
United States Smart Phones Market Distribution
The rise in the online distribution channel market share could be attributed to the deals and festive sales on various E – commerce sites for the smart phones, in United States. On the contrary, the offline distribution channel also witnessed a positive growth of more than 30% in the year 2020, as compared to the sales in previous year.
United States Smart Phones Market, by Price Range
The United States Smart Phones market, on the basis of Price Ranges is classified into –
• Budged Phones
• Mid – Range Phones
• Premium Phones
The Mid – Range Phones contributed a relatively larger share in the United States market for Smart Phones during the year 2020.
United States Smart Phones Market, by City
The report covers the major 5 cities in the United States Smart phones Market, their market share, growing trends, are profiled considering the forecast period.
• San Francisco
Atlanta Holds the Largest Market Share in the United States Smart Phones Market
United States Smart Phones Market By City
The report also helps in understanding United States Smart Phones Market dynamics, structure by analyzing the market segments and projects the United States Smart Phones Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, and growth strategies in the United States Smart Phones Market make the report investor’s guide.
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