USA Smartphone Market – Industry Analysis, Forecasts and Opportunity Assessment (2016-2023)

Report on USA Smartphone Market – Industry Analysis, Forecasts and Opportunity Assessment (2016-2023)

Introduction to USA Smartphone Market

The United States is one the biggest smartphone market on the planet with one of the most astounding smartphone infiltration rates worldwide. In 2017, 68.4 percent of the U.S. population use a smartphone. This is a huge increment from the 2012 figure, when the nation’s entrance rate remained at right around 40 percent. The quantity of U.S. smartphone users is estimated to develop to in excess of 230 million out of 2018, which generally relates to 10% of the evaluated number of all smartphone users worldwide for that year.

 

Market Dynamics:

The US Smartphone market is majorly affected by the demands of users and the need of having a smartphone with features depending on the standards of the living of the people. The US Smartphone market is devolving into Samsung and Apple market. The basic demands of people in United States of America is much attracted towards four of the smartphone brands that include:

  • Apple
  • Samsung
  • LG
  • Google

 

Apple dominates major market of US, while android market is more than iOS but android manufacturers are different. With rapid innovation necessary for a rapidly changing market, where customers are very price conscious, rivalry among firms in the U.S. smartphone market is fierce. Firms in the smartphone market actively work to adopt the successful ideas and technology of their competitors.

 

Market Segmentation:

The number of features in the phone is often an important buying decision. Some of characteristics that consumers consider include:

Aesthetic

  • Stylishness/Look/Colour
  • Weight and Size
  • Perceived Prestige

 

Hardware Functionality

  • Camera(s)
  • Battery Life
  • Quality/Resolution of Screen
  • Keyboard Type
  • Microphone and Speakers
  • GPS
  • Tethering

 

Software Functionality

  • Ease of use

 

  • Operating System/Openness
  • Browser capability
  • Built-in/Exclusive Apps
  • Availability of Apps/App Store
  • Sync with Contacts and Mail
  • Support for Enterprise Services such as:
  • Encryption
  • Microsoft Exchange
  • Integration with Social Networks

 

Service

  • Compatible Networks
  • Quality and Speed of Network
  • Price of Service (Voice and Data)

 

Geographic Analysis:

Four major operators in the United States that offer nationwide wireless services include:

  • Verizon Wireless, headquartered in Basking Ridge, New Jersey
  • AT&T Mobility, headquartered in Atlanta, Georgia,
  • T-Mobile US, headquartered in Bellevue, Washington
  • Sprint Corporation, headquartered in Overland Park, Kansas

 

In North America, nations, for example, such as the U.S. and Canada saw decrease in smartphone shipment in 2017 from the earlier year. Individuals in these nations were holding cell phones for longer span than they used to 3-4 years back. Additionally, repair and revamping administrations are relentlessly picking up significance in these nations. This has thus prompted decrease in smartphone shipment for the year 2017.

 

Major Trade partners:

Below are the 10 countries that furnished American importers with the highest dollar value worth of cell phones:

  1. China: US$40.7 billion (76.7% of US imported mobile phone purchases)
  2. South Korea: $6.4 billion (12.1%)
  3. Vietnam: $3.4 billion (6.5%)
  4. Taiwan: $1.2 billion (2.2%)
  5. Malaysia: $640.1 million (1.2%)
  6. Mexico: $481.6 million (0.9%)
  7. Hong Kong: $95.1 million (0.2%)
  8. United Kingdom: $20.7 million (0.04%)
  9. Japan: $16 million (0.03%)
  10. Canada: $11.3 million (0.02%)

Key Players:

The participants in the U.S. smartphone market include all manufacturers of smartphones that sell smartphone devices in the United States. The major participants include:

  • Apple Inc. (a U.S. corporation)
  • Research in Motion Limited (or RIM, a Canadian corporation)
  • HTC Corporation (a Taiwanese corporation)
  • Motorola, Inc. (a U.S. corporation)
  • Samsung Electronics Co. Ltd. (a subsidiary of the Korean corporation Samsung Group).

 

Smaller participants include:

  • HP/Palm, Inc. (a subsidiary of HP, a U.S. corporation)
  • LG Corp. (a Korean corporation)
  • Nokia Corporation (a Finnish corporation).

 

The report contains comprehensive analysis on:

  • USA smartphone Market Segments
  • USA smartphone Market Drivers, Restraints and Opportunities
  • USA smartphone Market Size & Forecast 2016 to 2023
  • Supply & Demand Value Chain
  • USA smartphone Market Current Trends
  • Competition & Major Companies
  • Technology and R&D Status
  • Porters Five Force Analysis
  • Strategic and Critical Success Factor Analysis of Key Players

 

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.

 

Report Highlights:

  • Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
  • Consumer and Pricing Analysis
  • Market dynamics of the industry
  • In-depth Market Segmentation
  • Historical and Projected Market Sizing in terms of volume and value
  • Recent market trends and Impact Factors
  • R&D Status and Technology Overview
  • Extensive Industry Structure Coverage

 

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