Smartphones - Cyprus
Cyprus- Revenue in the Smartphones market is projected to reach US$95.26m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.23%, resulting in a market volume of US$104.00m by 2028.
- In global comparison, most revenue will be generated China (US$106bn in 2024).
Definition:
Smartphones are mobile devices that combine the functionality of a computer with the ability to make phone calls. It typically features a touchscreen display, a camera, internet connectivity, and a range of other features, such as GPS navigation, music playback, and the ability to run apps (short for applications). Smartphones run on operating systems like Android, iOS, and Windows, and offer a range of apps for productivity, games, social media, and entertainment. Some smartphones also have the ability to connect to other devices, such as laptops, tablets, and wearable devices, to share data and perform other tasks.
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, Xiaomi, and Huawei. 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
- Mobile phones with advanced operating systems such as iOS or Android, such as Apple iPhone 13 and OnePlus 9 Pro
- 5G phones, such as Apple iPhone 13 Pro and Huawei P40 5G
Out-Of-Scope
- Feature phones, such as Nokia 2720 Flip and LG Exalt LTE
- Tablets and other larger devices with SIM card slots, such as Apple iPad and Samsung Galaxy Tab
- Smartphone accessories sold separately (e.g., phone chargers, earphones), such as Apple AirPods and Bose QuietComfort Earbuds
