The integration of a better user interface with mobile phones will be the major factor driving intelligent phones market growth. Customers using intelligent phones do not experience various issues that are associated with user interface in other smartphones. For instance, AI enables real-time malware detection and device misuse detection. Additionally, intelligent phones have low power consumption processors and can read, understand, and respond to the context and environment. These features are expected to boost the sales of intelligent phones, driving market growth.
With growing demand, the global intelligence phones market is expected to witness the emergence of new vendors as a major trend. Due to the market being in a nascent stage, many new players are vying to enter the market, which has also led the existing dominant smartphone players to invest heavily in R&D and develop new features in existing smartphones, converting them into intelligent phones, in order to attract customers. Fueled by these factors, the intelligent phones market will grow at a CAGR of almost 15% during the forecast period.
Top intelligent phones companies covered in this market research report
The intelligent phones market is highly concentrated. The market is in an innovation stage with very few companies who offer AI integrated smartphones that are user-friendly and extra smart. The market is expected to become relatively more fragmented as it enters its growth stage during the forecast period. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this intelligent phones industry analysis report will help clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
Intelligent phones market segmentation based on geographic regions
This intelligent phones market analysis reveals that the Americas will account for the largest intelligent phones market share and the highest growth of this market throughout the forecast period.
Intelligent phones market segmentation based on distribution channel
Offline distribution channel
Online distribution channel
The online distribution channel segment will account for the highest growth during the forecast period to become the market share leader. Additionally, this report also provides an accurate prediction of the contribution of the various distribution channels to the growth of the intelligent phones market size.
Key highlights of the global intelligent phones market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the intelligent phones market during the next five years
Precise estimation of the global intelligent phones market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the intelligent phones industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of intelligent phones companies
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