TechNavio recognizes the following companies as the key players in the Global Third Platform Market: Apple Inc., Nokia Inc., and Samsung Electronics Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The introduction of phablets is a major trend being witnessed in the Global Third Platform market. With the advent of HD and high-resolution screens for smartphones, they are now functioning more as an entertainment device. The HD screens of smartphones enable consumers to watch HD movies, videos, and play graphic-rich games. In addition, the growing need to navigate documents, e-mails, and browse the internet using smartphones has led to the manufacture of handsets with larger screen size for better clarity and display. To cater to these evolving needs, smartphone vendors have launched phablets, which are smartphones with a screen size between 5 and 6.9 inches (130-180 mm). Following the success of the Samsung Galaxy Note, other vendors in this market are keen to enter the Global Phablets market.”
According to the report, one of the main drivers is the increasing demand for cloud services. The demand from organizations for cloud services is increasing and it is boosted by the presence of a number of cloud service providers in the market. This also reduces the price of cloud services for consumers, thereby further increasing demand. With cloud software services, end-users are able to pay for an application on a per-use basis, thereby substantially reducing their costs.
Further, the report states that one of the main challenges is the concerns about the security of cloud services. These concerns have an impact on the level of trust and confidence that exists between service providers and customers. Enterprises are expected to have stringent security measures in place so that they can abide by industry guidelines and comply with rules and regulations set by governments and other bodies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-third-platform-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Third Platform Market 2012-2016
