Phones - Hungary
Hungary- Revenue in the Phones market is projected to reach US$592.70m in 2024.
- Smartphones dominates the market with a projected market volume of US$566.50m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 0.30%, resulting in a market volume of US$599.70m by 2028.
- In global comparison, most revenue will be generated China (US$110bn in 2024).
Definition:
The Phones market refers to the devices that enable voice communication, including smartphones, landline phones, and feature phones. The technology used in telephony continues to advance, with innovations in areas such as wireless connectivity, improved battery life, and larger displays. The introduction of 5G technology has the potential to revolutionize the Phones market by offering faster and more reliable connectivity, lower latency, and increased capacity.
Structure:
These are specific product categories within the Phones market, including:
- Smartphones: These are mobile phones that offer advanced capabilities beyond basic voice communication, such as internet access, social media, and multimedia capabilities.
- Feature Phones: These are basic mobile phones that offer basic voice and texting capabilities but lack advanced features such as internet access and multimedia capabilities.
- Landline Phones: These are traditional telephone devices that are connected to a landline telephone network and typically require a physical connection to a wall socket.
Additional Information:
The market comprises revenue and revenue change. Figures are generated through both online and offline sales channels and include spending by consumers (B2C) and enterprises (B2B). Key players in the market are companies like Apple, Samsung, Huawei, HP, Dell, and Sony. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, please use the info button right next to the boxes.
In-Scope
- Landline phones, such as Panasonic Corded Phones and AT&T Corded Phones
- Feature phones, such as Nokia 3310 and Alcatel Go Flip 4
- Smartphones, such as Apple iPhone and Google Pixel
Out-Of-Scope
- Tablets and other larger devices with SIM card slots, such as Samsung Galaxy Tab S7 and Microsoft Surface Pro 7
- Radio equipment such as interphones or walkie-talkies, such as Motorola T600 H2O Talkabout Radio and Midland GXT1000VP4
- Additional devices for telecommunication sold separately (e.g., phone chargers, earphones), such as Apple AirPods and Bose QuietComfort Earbuds
