MENA Smartphones & Feature Phones Market to Register Robust Growth During Forecast Periodby David Johnson Top Market Research Company in US
Rising demand for mobile phones is expected to drive the growth of MENA smartphones & feature phones market through forecast period
According to TechSci Research report, “MENA Smartphones & Feature Phones Market By Sim Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2024” the MENA smartphones & feature phones market is expected to grow at a steady CAGR during the forecast period owing to the rising trend of m-commerce particularly among the working population. Additionally, rising disposable income increases the probability of consumer spending on media, entertainment, networking and mobile communication, among others is expected to spur the market during forecast period.
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" MENA Smartphones & Feature Phones Market"
The MENA smartphones & feature phones market is segmented based on sim type, distribution channel, country and company. Based on distribution channel, the market can be bifurcated into store based and non-store-based. The store based segment is expected to dominate the market owing to the consumer behavior of buying phones from an authorized store or retail shop.
Microsoft Corporation, Apple, Inc., Lenovo Group Limited, LG Electronics Limited, HTC Corporation, Nokia, Samsung, Micromax, Vivo, Sony Mobile Communication, Inc. and others are some of the leading players operating in MENA Smartphones Market,Feature Phones Market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“MENA smartphones & feature phones market is expected to register substantial growth during the forecast period since the demand for smartphones has drastically increased. While growth prospects do exist in the smartphone segment, brands are increasingly realizing that greater marketing and distribution expenditure is required since the competition has significantly gone up in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“MENA Smartphones & Feature Phones Market By Sim Type, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of MENA Smartphones Market, and Feature Phones Market provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in MENA smartphones & feature phones market.
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