TMCnet News
Research and Markets: German Smartphone Market 2014-2018 - Apple, HTC, LG, Samsung & Sony Dominate the MarketResearch and Markets (http://www.researchandmarkets.com/research/qtkbr6/smartphone_market) has announced the addition of the "Smartphone Market in Germany 2014-2018" report to their offering. The analysts forecast the Smartphone market in Germany to grow at a CAGR of 9.8% over the period 2013-2018. A smartphone is a mobile device with advanced functionalities and features compared to cell phones. A smartphone's hardware and software specifications are meant to perform functions such as web browsing, capture high-quality images and play HD videos. A smartphone should have the ability to install various applications that can perform several advanced functions. Smartphones have become popular among the general public because of their many capabilities, and are moe often used for communication and online activities. Advancements in technology have led to smartphones being more compact and cheaper than their counterparts. One major trend emerging in this market is the increased functionality of smartphones. Rapid advances in technology combined with added features in smartphones are attracting vendors to invest in smartphones. According to the report, one of the main drivers of the market is the declining average selling price of smartphones. Since the prices of smartphones have been constantly reducing, they are becoming increasingly affordable, leading to increased demand for smartphones. Further, the report states that one of the key challenges for the market is the increased competition among vendors that has resulted in price wars, which has reduced the revenues of vendors. Key Vendors Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/qtkbr6/smartphone_market
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