London, 29 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Smartphone Market in the US 2014-2018, which is expected to grow at a CAGR of 5.8 percent and 7.8 percent in terms of unit shipment and revenue, respectively during 2013-2018.
“With the increasing trend for information, people are demanding more advanced devices that offer ease of operation and flexibility in terms of usage,” says Faisal Ghaus, Vice President of TechNavio.
“In terms of high-speed internet technologies, the US is growing quickly because of rapid developments in the IT and wireless network infrastructure in the country.”
Key Market Drivers
- Increased Usage of Smartphones
- Increase in Preference for e-Commerce
- Increased Popularity of Wireless Internet
- Increase in Number of End-user Applications
Key Market Trends
- Emergence of High-speed Internet Technologies
- Fast Processors
- Replacement with Advanced Devices
- Market Nearing Saturation
Key Market Vendors
- Apple Inc.
- HTC Corp.
- LG Electronics Inc.
- Motorola Inc.
- Samsung Electronics Co. Ltd.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
