TMCnet News
Research and Markets: Russia Smartphone Market Report 2014-2018: Apple, Nokia, Samsung & Sony Dominate the MarketDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/t28sk3/smartphone_market) has announced the addition of the "Smartphone Market in Russia 2014-2018" report to their offering. The Smartphone market in Russia to grow at a CAGR of 11% over the period 2013-2018 Smartphones are cellphones that use an operating system (OS) and offer advanced functionalities and computing abilities as well as improved connectivity compared to the traditional feature phones. Besides providing digital voice services, smartphones offer services such as texting, web browsing, emails, music players, and video calling. Smartphones use an OS that supports multi-tasking functionality, which enables multiple applications to be run simultaneously. For instance, the OS should enable end-users to read their e-mails, browse the internet, and listen to music all at the same time. One major trend emerging in this market is the increase in the purchasing power of the people. Russia, asa developing country, has witnessed an increase in the purchasing power of consumers, enabling them to buy the products of their choice, which has generated demand in the market. According to the report, one of the major factors driving this market is an increase in the use of wireless internet which is leading to an increase in the demand for smartphones. Internet users are more inclined toward web surfing, social networking, and online video streaming, and smartphones provide a platform for multiple features and applications, further attracting smartphone consumers. Further, the report states that one of the key challenges that the market faces is the increase in competition among vendors operating in the market. The decline in the average selling prices and rapid changes in technology have led to an increased concentration of vendors tending toward the mass market of smartphones to create low-end segments. The report considers the revenue generated from the sales as well as the unit shipments of smartphones with the following OS: Key Vendors
Other Prominent Vendors Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/t28sk3/smartphone_market |
