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| [December 17, 2012] |
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Research and Markets: Smartphone Market in BRIC 2011-2015 Report Featuring Players Huawei Technologies, Nokia and Research In Motion
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/ng4fmq/smartphone_market)
has announced the addition of the "Smartphone
Market in BRIC 2011-2015" report to their offering.
TechNavio's analysts forecast the Smartphone market in BRIC to grow at a
CAGR of 72 percent over the period 2011-2015. One of the key factors
contributing to this market growth is the decline in the prices of
smartphones in BRIC. The Smartphone market in BRIC has also been
witnessing an increase in adoption as a result of contactless payment
schemes. However, the infux of low cost-feature phones may be a
challenge to the market during the forecast period.
Commenting on the report, an analyst from TechNavio's Hardware team
said: ''The introduction of new products by smartphone vendors in
Brazil, Russia, India and China (BRIC) is increasing the penetration of
these devices in these countries. Also, the increasing availability of
accessories and support services for high-cost smartphones is promoting
the growth of the Smartphone market in BRIC. As a result of the growing
demand for smartphones among customers in BRIC, the Smartphone market in
BRIC is expected to post positive growth during the forecast period.''
According to the report, one of the key factors is the increasing demand
for all-in-one devices for facilitating both enterprise mobility and
access to entertainment. In addition, smartphones allow consumers to
gain high-speed internet connectivity on a pay-per-use basis from mobile
service providers.
Further, the report reveals that one of the key factors hindering market
growth is the high cost of smartphones.
Companies Mentioned
Apple, HTC, Huawei Technologies, Motorola Mobility Holdings, Nokia (News - Alert),
Research In Motion, Samsung Electronics, Sony, ZTE
For more information visit http://www.researchandmarkets.com/research/ng4fmq/smartphone_market
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